NEWS: Binay's Finance Officer Had 30k Salary But Had Billion-Peso Transactions

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Think about it. Seems like the Gerry Limlingan,a long time finance officer of Vice President Binay have nearly a billion pesos in bank transactions when he only earns P30,000 monthly?

An Anti-Money Laundering Council investigation showed there were a huge transfers of US dollars from Philippine banks to Canadian banks from 2008 to 2014 from the accounts of Vice President Binay and Gerry Limlingan Jr. which later granted an AMLC petition to freeze 242 bank accounts, investments, and insurance policies owned by Vice-President Jejomar Binay, Elenita Binay, Makati Mayor Junjun Binay, and others linked to their family.

Also, the AMLC noted that the transactions in the Binay and Limlingan accounts happened during the construction of the controversial Makati parking building.

At least 78 large transactions were also monitored by AMLC, allegedly involving Makati Mayor Junjun Binay's bank accounts, from 2003 to 2015.

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