Money laundering law needs to catch up with felons – Chua
MANILA, Philippines — Manila Rep. Joel Chua wants limits on financial transactions, as set by the Anti-Money Laundering Act, adjusted so the government could keep pace with “criminals” trying to cover up their financial tracks. The law sets these limits at P500,000 per banking day, P5 million for casino cash transactions, and P7.5 million for
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