00:00The Anti-Money Laundering Council, or AMLC, says it is considering assigning personnel
00:06to casinos after reports that public works officials launder billions of pesos in these
00:10establishments. During a Senate budget hearing on September 15, AMLC Executive Director Matthew
00:16David admits they have no staff inside casinos. Although the law doesn't require the AMLC to post
00:22personnel in such places, David says they will consider the senator's suggestions.
00:27Casinos are required to report transactions worth 5 million pesos or more under the country's
00:32Anti-Money Laundering Law, but David admits that the AMLC can't check all these reports because
00:37there are too many. The issue came up after Senator Ping Lakson said three former public
00:41works officials tied to anomalous flood control projects lost 950 million pesos in gambling between
00:472023 and 2025.
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