Thursday, March 3, 2011

SENATE GRILLS GENERAL'S IN-LAW OVER P255-M CASH DEPOSITS


by KIM TAN, GMA News
ed yambaoEdgardo Yambao, the brother-in-law of former military comptroller Lt. Gen. Jacinto Ligot, was grilled during a Senate hearing on Thursday because of the supposed P255 million cash inflow to his bank accounts from 2001 to 2005.

Senator Franklin Drilon said records of the Anti-Money Laundering Council (AMLC) indicate that around P255 million in peso and dollar deposits were made to the Citibank, Metrobank, and United Overseas Bank accounts of Yambao.
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