Philippine Senate resumes probe into money laundering case
MANILA, Philippines (AP) — A Philippine Senate committee has resumed its inquiry into how $81 million stolen by hackers from the U.S. Federal Reserve Bank account of Bangladesh's central bank was transmitted to four private Philippine bank accounts and then to three casino companies.
Thursday's hearing was likely to become a closed door session to hear the testimony of a banker who refused to publicly speak about the case, invoking her right not to incriminate herself.
Maia Santos-Deguito, a branch manager of the Rizal Commercial Banking Corp., is facing possible criminal charges in the case. She promised to divulge what she knows during the closed door, executive session.
Santos-Deguito's lawyer says she has emails and text messages to prove senior RCBC officials approved releasing the stolen funds to the casino operators.