Bangladesh asks PH to expedite case vs. 6 other RCBC officials

By Joyce Ann L. Rocamora – PNA

MANILA — After the conviction of Rizal Commercial Banking Corporation (RCBC) bank manager Maia Deguito in relation to the USD81-million bank heist, the Bangladesh Embassy in Manila urged the Philippine government to expedite the case against other RCBC officials involved.

In a statement sent to the Philippine News Agency (PNA), Bangladesh Ambassador Asad Alam Siam said the Department of Justice is handling another case against six other RCBC executives involved in the stolen funds of Bangladesh Bank.

“We hope that this case could be expedited and could go to trial soon for a decision,” he said.

Saying it is still “premature” to comment, the envoy declined to issue further reaction to the latest development on the case.

Makati Regional Trial Court (RTC) Branch 149 on Thursday found Deguito guilty for money laundering and was sentenced to four to seven years of prison each for eight counts of money laundering.

Deguito is the former branch manager of RCBC Jupiter, Makati where part of the stolen money was transferred and deposited to four US dollar accounts, under the names of Michael F. Cruz, Jessie Christopher M. Lagrosas, Alfred S. Vergara, and Enrico T. Vasquez.

Popular

Lahar advisory up in Pinatubo, Taal amid ‘habagat’ rains

By Brian Campued The Philippine Institute of Volcanology and Seismology (Phivolcs) on Saturday urged communities surrounding Pinatubo and Taal volcanoes to heighten alert and preparedness...

DSWD raises ‘red alert’ over effects of ‘habagat’

By Brian Campued The Department of Social Welfare and Development (DSWD) has raised its alert status to red as the southwest monsoon (habagat) continues to...

Heroes’ pseudonyms differ from OVP fund aliases —Palace

By Ruth Abbey Gita-Carlos | Philippine News Agency Malacañang on Thursday drew a distinction between the pseudonyms used by Filipino heroes during the revolutionary period...

Inter-agency coordination vital in boosting agri production —PBBM

By Brian Campued President Ferdinand R. Marcos Jr. on Thursday underscored the importance of inter-agency coordination in boosting local agricultural production and increasing farmers’ income...