MANILA, Philippines–Justice is catching up with accused plunderer Sen. Bong Revilla, with a forensic investigation into his and his family’s bank transactions from 2006 to 2010 indicating that he received kickbacks from the pork barrel funds he channeled to bogus foundations controlled by Janet Lim-Napoles as exposed by whistle-blower Benhur Luy.
The Anti-Money Laundering Council (AMLC) report on Revilla’s bank transactions involving his Priority Development Assistance Fund (PDAF) also showed discrepancies in his official cash declarations that could indicate “concealment of unexplained wealth”; P87.626-million deposits made in the personal accounts of Revilla, his wife, Cavite Rep. Lani Mercado, and his children, and some of his siblings that tended to confirm his receipt of the kickbacks; and more than P40 million in suspicious funds were poured into a dummy corporation, Nature Concepts Development and Realty Corp., controlled by his wife.
The AMLC said the deposits and withdrawals from the bank accounts of the five foundations corresponded with the names, amounts and dates in the entries made by Luy, Napoles’ finance officer, in his ledger of Napoles’ cash and check disbursements, one of the evidence in the P10-billion pork barrel scam case.
“Considering all the foregoing, there are indications of money laundering scheme using the aforementioned bank accounts. There is, however, a need to conduct further investigation to determine the extent of the subjects’ participation and identify the other monetary instruments that were possibly involved in the laundering scheme,” the AMLC said in a confidential report received by the Office of the Ombudsman on Oct. 8.