Kim Wong turns over to AMLC the fourth and final tranche of funds amounting to P250 million, part of the $81-million stolen by hackers from Bangladesh Bank reserve.
The Anti-Money Laundering Council (AMLC) asks the Manila Regional Trial Court Branch 53 to extend the provisional asset preservation order (PAPO) issued by the court on the money received by casino junket operator Kam Sin “Kim” Wong.
The Department of Justice (DOJ) assures that the money stolen by hackers from the Bangladesh Bank will be returned to its government as soon as possible but procedures have to be followed.
Casino junket operator Kim Wong returns another $4.34 million to the Anti-Money Laundering Council (AMLC), which was believed to be part of the alleged $81-million stolen funds from the Bangladesh’s central bank.
Philippine senators debate whether or not the alleged stolen funds recovered from casino junket operator Kim Wong can be turned over to the government of Bangladesh without a court’s order.
Casino junket operator Kim Wong promises to return to the Senate another US$ 9.73m, which was believed to be part of the alleged $81million stolen funds from the Bangladesh’s central bank.
For Kim Wong, the Chinese casino owner in the Philippines entangled in one of the world's largest bank heists, there are two golden rules for dealing with wealthy punters: always demand to see their money, but never ask where it came from.
Filipino businessman Kim Wong, who is tagged in the $81 million cyber heist, yesterday turned over $4.63m to the Philippines' Anti-Money Laundering Council for safekeeping with the country's central bank.
Kim Wong, the Filipino casino operator dubbed the “missing link” in the cyber heist of $81 million in Bangladesh Bank reserves, said he is willing to return up to $14.3 million he received from two Chinese nationals linked to the stolen funds.
Kim Wong turns over to AMLC the fourth and final tranche of funds amounting to P250 million, part of the $81-million stolen by hackers from Bangladesh Bank reserve.
The Anti-Money Laundering Council (AMLC) asks the Manila Regional Trial Court Branch 53 to extend the provisional asset preservation order (PAPO) issued by the court on the money received by casino junket operator Kam Sin “Kim” Wong.
The Department of Justice (DOJ) assures that the money stolen by hackers from the Bangladesh Bank will be returned to its government as soon as possible but procedures have to be followed.
Casino junket operator Kim Wong returns another $4.34 million to the Anti-Money Laundering Council (AMLC), which was believed to be part of the alleged $81-million stolen funds from the Bangladesh’s central bank.
Philippine senators debate whether or not the alleged stolen funds recovered from casino junket operator Kim Wong can be turned over to the government of Bangladesh without a court’s order.
Casino junket operator Kim Wong promises to return to the Senate another US$ 9.73m, which was believed to be part of the alleged $81million stolen funds from the Bangladesh’s central bank.
For Kim Wong, the Chinese casino owner in the Philippines entangled in one of the world's largest bank heists, there are two golden rules for dealing with wealthy punters: always demand to see their money, but never ask where it came from.
Filipino businessman Kim Wong, who is tagged in the $81 million cyber heist, yesterday turned over $4.63m to the Philippines' Anti-Money Laundering Council for safekeeping with the country's central bank.
Kim Wong, the Filipino casino operator dubbed the “missing link” in the cyber heist of $81 million in Bangladesh Bank reserves, said he is willing to return up to $14.3 million he received from two Chinese nationals linked to the stolen funds.
