Escudero committee to lead Senate probe on Bautista ill-gotten wealth - News Summed Up

Escudero committee to lead Senate probe on Bautista ill-gotten wealth


SENATOR Francis Escudero said he would investigate next week the alleged P1-billion ill-gotten wealth of Commission on Elections (Comelec) Chairman Andres Bautista but would not invite him and his whistleblower wife just yet. Escudero said, however, that has no intention at the moment to invite the estranged couple to the public hearing. I plan to initially invite BSP (Bangko Sentral ng Pilipinas), AMLC (Anti Money Laundering Council), NBI (National Bureau of Investigation) and LDB (Luzon Development Bank) officials only,” Escudero said. 468 asking Escudero to investigate to determine whether Bautista violated Republic Act 9160 or the amended Anti-Money Laundering Act. 468 filed by Sen. Lacson and Sotto was referred to the Committee on Banks yesterday (Wednesday),” Escudero said.


Source: Manila Times August 17, 2017 07:07 UTC



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