Manila Court Orders Forfeiture of Funds Linked to Terrorism Financing
The Anti-Money Laundering Council (AMLC) announced that a Manila court has ordered the forfeiture of over P217,000 in funds linked to terrorism financing. The money, held in an account of an alleged facilitator for the Islamic State (ISIL), is suspected of being used to transfer funds to the Abu Sayyaf Group (ASG).
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