Pubdate: Fri, 28 Jan 2005
Source: People's Tonight (Philippines)
Copyright: Journal Group 2005
Contact: http://www.journal.com.ph/contactus.asp
Website: http://www.journal.com.ph
Details: http://www.mapinc.org/media/3454
Author: Rudy A. Kahulugan
Bookmark: http://www.mapinc.org/meth.htm (Methamphetamine)
Bookmark: http://www.mapinc.org/af.htm (Asset Forfeiture)

COURT FREEZES P1.3B OF SUSPECTED DRUG
TRAFFICKERS

THE Court of Appeals yesterday issued a freeze order on the bank
accounts, amounting to P1.3 billion, of two suspected drug traffickers
linked to the shabu laboratory in Mandaue City.

The CA 8th Division gave credence to the findings of the Anti-Money
Laundering Council that suspects Joseph Yu and Allan Yap Garcia have
bank accounts with the Allied Bank and that the money "were the fruits
of the crime of both suspects."

The suspects were arrested by policemen after the house they were
renting in Mandaue City was found to house a shabu laboratory.

The suspected mastermind of the operations, Kelvin Tan, managed to
elude arrest but was later nabbed in Hong Kong for yet another crime.

Tan is not the subject of an extradition request by the Philippine
government.

The CA already issued an order to the main office of Allied Bank in
Makati City to stop any of the suspects or even their relatives from
withdrawing the money deposited in their facilities.

The freeze order will last for 20 days but could be extended "as the
need arises," said the CA order. 
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