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Malacanang hopes Senate’s probe on US$81 million bank heist will bear results

A Senate hearing of money laundering involving the theft of $81 million from the U.S. account of Bangladesh Bank, is pictured at the Philippine Senate in Manila March 17, 2016. REUTERS/Erik De Castro
A Senate hearing of money laundering involving the theft of $81 million from the U.S. account of Bangladesh Bank, is pictured at the Philippine Senate in Manila March 17, 2016. REUTERS/Erik De Castro

Malacanang is hoping that the current investigation of the Senate regarding the US$81 million money laundering scandal will show results.

PCDSPPO Usec. Manolo Quezon made the statement after the Bangladesh government sought the help of the Federal Bureau of Investigation in the US to investigate the said hacking in their central bank.

Quezon said that the Senate should be able to pinpoint the bank’s liability in the said heist.

Usec. Quezon added that it would be better for the Blue Ribbon Committee to issue a report regarding the said issue in the remaining days of the 16th Congress, and that the next Session will take charge in whatever action needed to be done so that no such thing will happen again.

“I think you have to go back to the question at hand. The cupability of any  particular Philippine bank with regards to allegations of money laundering, I do think that the Senate has done its part and is doing its part in holding a hearing in aid of legislation. We can all hope that in the remaining life of the current Congress that this would result in a report and recommendations that could be the basis for action in the next Congress.”

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