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The Court of Appeals has extended its freeze order on the bank accounts and assets of dismissed Bamban, Tarlac Mayor Alice Guo until January 10, 2025, according to AKO BICOL Party-list Rep Raul Bongalon, the budget sponsor of the Anti- Money Laundering Council .
”The council said the freeze order covers 90 bank accounts in 14 financial institutions, several real estate properties, and high-value personal properties like luxury vehicles and a helicopter.Bongalon said Guo’s bank accounts included in the freeze order contains P199,770,087.Her real properties are valued at P478,308,158 while her vehicles amounted to P76,388,200.
Amlc Court Of Appeals Freeze Assets Money Laundering
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