Beijing funding ‘does not prove wrongdoing’
‘If anything was confirmed, it is only that Trillanes obtained his information illegally in violation of the Anti-Money Laundering Act and Bank Secrecy Laws.’
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‘If anything was confirmed, it is only that Trillanes obtained his information illegally in violation of the Anti-Money Laundering Act and Bank Secrecy Laws.’
The AMLC’s disclosure of P319.33 million in remittances to a company linked to Vice President Sara Duterte’s husband does not prove the money came from an illegal source or belonged to Duterte, her spokesperson said Tuesday, rejecting claims that the testimony had confirmed former Senator Antonio Trillanes IV’s allegations.
Salvador Panelo Jr. said Anti-Money Laundering Council executive director Ronel Buenaventura testified only on covered and suspicious transaction reports filed by banks and did not establish the source, ownership, or legality of the funds.
“If anything was confirmed, it is only that Trillanes obtained his information illegally in violation of the Anti-Money Laundering Act and Bank Secrecy Laws,” Panelo said.
Buenaventura told the Senate impeachment court Monday that Cale88 Foods Corp., linked to Duterte’s husband, lawyer Manases Carpio, received P319.33 million in inward remittances from China and Hong Kong.
The amount matched the figure Trillanes cited in alleging that Chinese government-linked sources had sent money to Cale88.
But Buenaventura did not testify that the funds came from the Chinese government, were proceeds of a crime or belonged to Duterte.
Panelo said the prosecution still had to prove that the money attributed to Duterte was illegally sourced, concealed, or owned by her.
The AMLC testimony forms part of the prosecution’s case alleging Duterte accumulated unexplained wealth. Buenaventura also testified that AMLC records showed P4.4 billion in covered and suspicious transactions involving Duterte and Carpio from 2007 to 2025.
Under the Anti-Money Laundering Act, the filing of a suspicious transaction report does not, by itself, prove that money laundering or any other crime has been committed.
Panelo also attacked Trillanes’ credibility, calling the former senator an “anti-Duterte propagandist” and accusing him of relying on hearsay, rumors, and speculation.
“Trillanes is no truth-teller,” Panelo said, adding that the former senator’s allegations were made during a press conference where they could not be tested through courtroom questioning.
Trillanes was dropped from the prosecution’s witness list last week. The prosecution has said it would rely on official records rather than his public allegations to establish its case.
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