Will President Duterte sign bank waiver?


Sen. Antonio Trillanes IV issued a challenge to President Rodrigo Duterte to sign a waiver for his bank accounts that allegedly contains billions of pesos.

Trillanes issued the challenge to Duterte after himself submitting 12 bank secrecy waivers to the AMLC and the Office of the Ombudsman.

“If you are brave, if you are not corrupt, sign a waiver like I did today. Sign a waiver addressed to the Anti-Money Laundering Council (AMLC) and the Ombudsman,” Trillanes said, referring to the President.

Trillanes signed the waivers in response to Duterte’s allegation that he has offshore joint accounts with Chinese nationals in Malaysia, Hong Kong, the United States, and Australia.

In a press briefing before Trillanes issued the challenge, presidential spokesperson Ernesto Abella said Duterte had already signed a waiver for his Bank of the Philippine Islands account as early as May last year.

“The waiver remains valid,” Panelo said.

Panelo is referring to is the SPA allowing Panelo – then one of Duterte’s campaign lawyers – to “request and receive” from the BPI Julia Vargas branch bank certificates for BPI Savings Account No. 2433-0695-39.

When the SPA was first publicized, Trillanes said it was insufficient since it did not specifically authorize BPI to show the transaction history of the account.

The senator, meanwhile, accused Duterte and his family of hiding P2.4 billion in wealth. He also claimed that Duterte’s eldest son, Davao City Vice Mayor Paolo Duterte, is part of a Chinese triad.

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