{"id":49321,"date":"2015-05-14T02:06:59","date_gmt":"2015-05-13T18:06:59","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=49321"},"modified":"2025-01-17T10:50:37","modified_gmt":"2025-01-17T15:50:37","slug":"senator-binay-freeze-order-a-desperate-political-move","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/05\/14\/senator-binay-freeze-order-a-desperate-political-move\/","title":{"rendered":"Senator Binay: Freeze order a \u2018desperate\u2019 political move"},"content":{"rendered":"
\"Sen.<\/a>
Sen. Nancy Binay. Photo courtesy of Binay’s official Facebook page.<\/figcaption><\/figure>\n

MANILA \u2013 Senator Nancy Binay stated that the Court of Appeals (CA) order to freeze the bank accounts of her father Vice President Jejomar Binay, was a \u2018desperate\u2019 move of a political party.<\/p>\n

\u201cSiguro ang isang partido ay nanginginig na kasi ang pambato nila ay mababa pagdating sa survey….<\/p>\n

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So desperate, ‘diba? (Maybe one party is anxious now because its candidate ranks low in the survey\u2026 So desperate, right?),\u201d she told reporters, hinting to the ruling Liberal Party.<\/p>\n

In the latest Pulse Asia survey on top presidential bets, Vice President Binay garnered 29 percent while LP\u2019s Interior Secretary Manuel Roxas II only got 6 percent.<\/p>\n

Senator Binay asserted that the freeze order was a clear \u2018harassment\u2019 of the LP in their pre-campaign tactics for the 2016 national elections, believing that Roxas was behind the order.<\/p>\n

\u201cNakakalungkot kasi ang AMLC has been abused para gipitin ang mga hindi kakampi ng isang partido at nakita naman natin iyan noong impeachment,\u201d she said, referring to former chief justice Renato Corona\u2019s impeachment.<\/p>\n

(It\u2019s saddening that the AMLC (Anti-Money Laundering Council) has been abused to pin down the opponents of one party and we have seen that in the previous impeachment.)<\/p>\n

The CA issued the freeze order in connection with the initial investigation conducted and petition filed by the AMLC that showed large and frequent financial transactions on Vice President Binay\u2019s accounts done since the Senate blue ribbon committee started the hearing on his case.<\/p>\n

Aside from Vice President Binay\u2019s bank accounts, also covered by the order were the accounts of her brother Makati Mayor Junjun Binay, her mother Elenita, and her father\u2019s purported \u2018dummies.\u2019<\/p>\n

Senator Binay, for their part, clarified that they were not going to waive bank secrecy rights to disprove corruption allegations against them as they were innocent and had nothing to hide.<\/p>\n

\u201cWhat for? \u2018Di naman iyan magpo-prove whether we\u2019re guilty or not (That won’t prove whether we’re guilty or not anyway),\u201d she said.<\/p>\n

Senator Binay also pointed out that the freeze order violated the confidentiality rules of the AMLC.<\/p>\n

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<\/p>\n

\u201cIt’s not a good sign sa banking industry natin ang mga ganung leakages (It’s not a good sign for our banking industry that there are those leakage),\u201d she explained.<\/p>\n

Furthermore, she explained that their bank records could be sought by matching the Statement of Assets, Liabilities, and Net Worth (SALN) and records of the Bureau of Internal Revenue (BIR).<\/p>\n

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<\/p>\n

Makati Representative Abigail Binay earlier released a statement regarding the matter.<\/p>\n

\u201cBased on cash flow statements of the couple, over P330 million came from the JCB Farms, a piggery business he started in 1994; P14 million came from salaries from 1986 to 2013; more than P4 million from his professional fees as a lawyer; and more than P49 million from the flower shop business owned by Dr Elenita S. Binay (Blooms and Bouquet),\u201d Representative she said.<\/p>\n

\u201cAlso included in the cash flow is over P13 million in excess campaign contributions (SOCE) of the Vice President filed with the Commission on Elections,\u201d she added.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA \u2013 Senator Nancy Binay stated that the Court of Appeals (CA) order to freeze the bank accounts of her …<\/p>\n","protected":false},"author":33,"featured_media":16980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1145,95,483],"tags":[],"class_list":["post-49321","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headline","category-news-ph","category-politics","mauthors-jane-moraleda","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/49321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=49321"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/49321\/revisions"}],"predecessor-version":[{"id":284834,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/49321\/revisions\/284834"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/16980"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=49321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=49321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=49321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}