Manila court freezes bank accounts of Gigi Reyes, others

-A A +A

Thursday, June 19, 2014

A MANILA court recently ordered the freezing of bank accounts of lawyer Jessica "Gigi" Reyes, former chief of staff of Senator Juan Ponce Enrile, 10 other individuals and an insurance firm because these may be related to the pork barrel scam.

Covered by the 20-day provisional asset preservation order (Papo) issued by Manila Regional Trial Court (RTC) Executive Judge Marino dela Cruz on June 6 were Reyes' accounts in East West Bank (P511,522.40) and Security Bank (P6,700.92).

Reyes, now facing plunder charges along with her ex-boss at the Sandiganbayan, allegedly received kickbacks for facilitating the transfer of Enrile's Priority Development Assistance Fund (PDAF) allocations to fake non-government organizations (NGOs) of businesswoman Janet Napoles.

Napoles' assets had also been frozen by the same court but reports say the government has yet to account for all her alleged ill-gotten wealth.

Other individuals listed in the Papo were former Benguet Representative Samuel Dangwa (P26.77 million-Land Bank), Pauline Labayen, former staff of alleged pork scammer Senator Jinggoy Estrada, Alfonso Garcia Napoles, Adelina Garcia Napoles, Jose Emmanuel Lim, Pedro Dumon Sepuldeva Jr, Florentina Seachon Sepuldeva, Catherine Mae Santos, Kristina Santos and Washington Plaza.

The accounts of First Integrated Bonding and Insurance Company Inc., in the United Coconut Planters Bank (UCPB) were also covered by the freeze order since these were allegedly linked to Pangkabuhayan Foundation Inc. (PFI), which is one of the NGOs controlled by Napoles.

However, the company denied in a hearing on Wednesday that its shareholders are in any way linked to plunder, malversation and violation of the anti-graft law in connection with the pork barrel scam or money laundering.

Napoles has a 7.33 percent stake in First Integrated.

The petition for asset freeze was filed by the Anti-Money Laundering Council (AMLC), which is pursuing a forfeiture case against Napoles and others implicated in the scam, except for Senators Enrile, Estrada and Ramon "Bong" Revilla Jr. (Sunnex)

DISCLAIMER: Sun.Star website welcomes friendly debate, but comments posted on this site do not necessary reflect the views of the Sun.Star management and its affiliates. Sun.Star reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted.

Forum rules: Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent and respectful. Do not shout or use CAPITAL LETTERS!