P17-M car owned by Amalilio seized
By Tetch Torres-Tupas
The National Bureau of Investigation seized a luxury sports car worth P17 million owned by Aman Futures founder Manuel Amalilio.
The National Bureau of Investigation seized a luxury sports car worth P17 million owned by Aman Futures founder Manuel Amalilio.
Under heavy guard from the National Bureau of Investigation and the Philippine National Police, the president and other executives of the fraudulent investment company Aman Futures were arraigned Thursday for syndicated estafa.
Pagadian City Mayor Samuel Co has gone into hiding after learning that an Iligan City court had ordered his arrest in connection with the P12-billion Aman Futures pyramiding scam, according to the National Bureau of Investigation (NBI).
Justice Secretary Leila De Lima already approved the travel order for the team of prosecutors and state counsels tasked to negotiate with the Malaysian government for the extradition of Aman Futures founder Manuel Amalilio.
Victims of Aman Future pyramiding scheme need to wait 15 months before Aman Founder Manuel Amalilio returns to the country but Justice Secretary Leila De Lima said the Philippine government is working for a shorter period.
Lawyers from the Department of Justice would fly to Malaysia to formally start the process of extraditing Manuel Amalilio for allegedly swindling 15 million Filipinos of P12 billion in an investment scam, Malacañang said Sunday.
Malaysia has no plans to extradite Manuel Karingal Amalilio (aka Mohammad Kamal Sa’ad), who is wanted by Philippine authorities for allegedly swindling 15,000 Filipinos of P12 billion in a fraudulent investment scheme, but who has been sentenced to two years’ imprisonment by a Sabah court for possession of a fake Philippine passport.
There is no need for President Aquino to call up Malaysian Prime Minister Najib Tun Razak and ask for the release of fugitive Manuel Amalilio to Philippine authorities because foreign affairs and justice officials could work this out on their own, Malacañang said Monday.
The government will employ diplomacy to bring back to the Philippines fugitive Manuel Amalilio, alleged brains of the Ponzi scheme that last year duped some 15,000 Filipinos of P12 billion, to face prosecution, Justice Secretary Leila de Lima said Sunday.
It was the chief minister of Sabah no less who stopped the repatriation to the Philippines of fugitive Manuel Amalilio, the alleged ringleader of the P12-billion Ponzi scheme that victimized 15,000 Filipinos, according to Interior Secretary Manuel Roxas.
Tension gripped a holding area of the Kota Kinabalu International Airport when a man said to be a ranking official of the Malaysian Royal Police barged into the room where a Philippine government delegation and Ponzi scheme operator Manuel Amalilio were staying and ordered the Filipinos to get out, a source who was present in the room told the Philippine Daily Inquirer Saturday.
Malaysian authorities on Friday stopped the deportation to the Philippines of alleged Ponzi scheme operator Manuel Amalilio as he was about to board a plane to Manila with National Bureau of Investigation agents.
