00:00A system bug had caused some BPI transaction records linked to Vice President Sara Duterte's husband Manz Carpio to appear
00:07much larger.
00:09Rappler has obtained a letter BPI wrote to the Anti-Money Laundering Council last April in which the bank asked
00:14AMLAC to delete 13 covered transaction reports or CTRs linked to Carpio.
00:20That's because the system bug had bloated the amounts and, upon correction, turned out to be below the threshold of
00:26reporting to AMLAC.
00:27The law requires banks to report to AMLAC via ACTR any accounts transactions that exceed 500,000 pesos in a
00:34single banking day.
00:36This doesn't automatically mean the transactions are suspicious or illegal, but just worth the council's scrutiny.
00:42Rappler found that some of the discrepancies were huge.
00:45For example, one transaction initially reported that around 269 million pesos was corrected to just 300,000 pesos.
00:53All this resulted in around 2 billion pesos being deleted from the amount of Duterte-Carpio transactions under AMLAC's scrutiny.
01:01But a total 4.4 billion pesos worth of transactions remain under question with AMLAC,
01:07as pointed out by the prosecution in Duterte's impeachment trial on Monday, October 5.
01:11Let's go.
01:12Let's go.
