October 04, 2008

MAR goes after Joc-joc's loot

‘Probe Bolante’s US bank accounts’

INQUIRER.net 10/04/2008

MANILA, Philippines -- Senator Manuel “Mar” Roxas II on Saturday said he sought the assistance of various United States government agencies in recovering the P728-million fertilizer fund or parts of it believed to have been deposited in bank accounts and assets of former Agriculture Undersecretary Jocelyn “Joc-Joc” Bolante in the US.

In separate letters to three US agencies involved in finding illicit funds, the Liberal Party president asked “for an exhaustive and comprehensive financial investigation” on Bolante’s bank accounts and assets in the US in line with the principles of truth and accountability in public offices.

He addressed this appeal for assistance to, among others, Stuart Levey, Undersecretary, Office of Terrorism and Financial Intelligence, Department of Treasury; Mark Sullivan, Director, Financial Crimes Division, Secret Service; and Matthew Friedrich, Acting Assistant Attorney-General, Asset Forfeiture and Money Laundering Section, Criminal Division, Department of Justice. (Click MAR sics Joc-joc)

IT'S about time someone stood up and went after all the money that Joc-Joc Bolante stole from us taxpayers. And I'm glad it's Sen. MAR Roxas who's doing it. Even though Bolante is his kasinmanwa (both of them are from Capiz), Sen. MAR shows that he means business when it comes to battling corruption.

I think that makes him a good candidate for President in 2010, dontcha think? I don't think this is just for show. Why would he waste his breath writing all those U.S. federal agencies if he were not serious in this mission? He already made an appeal even to US Ambassador to Manila Kirstie Kenney. I hope the feds respond promptly to this request considering they have already denied asylum to Bolante. They know the guy is guilty and hiding all his money in the States. I mean how can this guy afford to buy a house in the States, in Australia and another house in Ayala, Alabang (aside from the first one he earlier acquired while in the private sector) on a salary of a mere undersecretary?

I'm surprised the Anti-Money Laundering Council, which is attached to the Bangko Sentral ng Pilipinas (central bank) didn't take the initiative in trying to track down Bolante's loot. After all, the Senate already proclaimed him the architect of the fertilizer fund scam in 2006. Imagine the AMLC took two years before it froze Bolante's bank accounts, which, as everyone has probably guessed, all empty.

Sige, sic 'em MAR! Bring that kawatan back to Manila and prosecute his pants off!

(MAR photo from the Senator's web site.)

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