November 18, 2020, Camp BGen Rafael T Crame, Quezon City. The Executive Director of the Anti-Money Laundering Council, Atty Mel Georgie Racela and his team made a courtesy visit and meeting with the Director of DIDM, PMGEN MARNI C MARCOS, JR held at the 2nd Flr., DIDM Conference Room, NHQ Bldg., Camp BGen Rafael T Crame, Quezon City. Prior to the said visit, Atty Racela paid a courtesy call and meeting to the new Chief of the Philippine National Police, POLICE GENERAL DEBOLD M SINAS where PMGEN MARCOS joined them and discussed future cooperation with the PNP leadership against money laundering and countering the financing of terrorism. The heads of both agencies will soon begin working on drafting a plan to implement the proposed agreement which is complementary with all the previous and existing Memorandum of Agreement (MOA) signed by AMLC to some PNP offices/units.
During the visit in DIDM, PMGEN MARCOS reiterated the instructions of the Chief, PNP to strengthen collaboration and partnership with the country’s Financial Intelligence Unit (FIU) on the investigation of unlawful activities as specified under RA No. 9160, also known as the “Anti-Money Laundering Act of 2001”, as amended, and RA No. 10168, also known as the “Anti-Terrorism Financing and Prevention and Suppression Act (TFSA) of 2012.” DIDM has an existing MOA with AMLC which was signed on September 27, 2019 and will expire in September 2024. The scope of the MOA is to prevent, control, detect, investigate and prosecute unlawful activities (e.g. illicit drug trafficking, fraud, trafficking in persons, kidnapping, theft, cybercrime, IPR violations, child pornography, terrorist financing, environmental crimes and trade-based money laundering, OSEC, etc.) and focuses on information exchange and capacity building.
Atty Racela expressed his optimism for the full implementation of the agreement with DIDM through the intelligence reports shared through the secured information sharing portal while for FIUs, intelligence reports are disseminated via the Egmont Secure Web (ESW). PMGEN MARCOS welcomes the financial intelligence reports shared by AMLC relative to OSEC cases with indicators of a suspected money laundering activity in the country using the various online payment systems and wire transfers. He further expressed his desire for the possible conduct of joint investigation with the CIDG, ACG, WCPC, among others against money laundering offenses. PMGEN MARCOS also cited the proposed training activities to be undertaken by both agencies to further capacitate the PNP investigators and detectives on the financial and general investigation of money laundering and countering the financing of terrorism, which is part of the C,PNP’s guidance for PNP personnel to undergo appropriate competency training and technical enhancement activities to level-up their skills set.
Indeed, with the current trends on money laundering and increasing number of OSEC cases in the country, this collaboration and partnership between the two agencies will surely pave way for the successful arrest of OSEC operators in the country and money laundering offenders.