AMLC Resolution No. 070-A-11

June 30, 2011 AMLC RESOLUTION NO. 070-A-11 In its Memorandum dated 16 June 2011, the AMLC Secretariat (AMLCS) reported to the Council that: On 13 April 2011, Mr. James D. Nixon, Legal Attache of the United States of America in Manila requested assistance from the Anti-Money Laundering Council (AMLC) in obtaining information on bank accounts and transactions linked to Umar Patek and Ahmed Santos. Umar Patek is a member of the Jemaah Islamiyah, a terrorist group involved in the 2002 Bali Bombing and included in the UN Security Council Consolidated List of terrorists. Ahmed Santos, on the other hand, is the leader of the Rajah Solaiman Movement (RSM), a group involved in the 2005 Makati City Valentine's Day Bombing and also included in the UN Security Council Consolidated List of terrorists. Umar Patek has been reportedly arrested by authorities in Pakistan early this year, while Ahmed Santos was arrested in October 2005 and has been the subject of AMLC Resolution No. 55, Series of 2008 directing covered institutions to submit suspicious transaction reports, if any. Recent information gathered indicates that prior to their respective apprehensions, Umar Patek directed Ahmed Santos to target Caucasian foreigners in Manila. To carry out the directive, Umar Patek provided the latter the amount of PhP250,000.00. IAEcCT Under AMLC Resolution No. 59, Series of 2005, covered institutions are obligated to submit to the AMLC suspicious transaction reports under any of the following relevant circumstances, to wit: "xxx xxx xxx: 8) Client was reported and/or mentioned in the news to be involved in terrorist activities. 9) Client is under investigation by law enforcement agencies for possible involvement in terrorist activities. xxx xxx xxx." Section 7 (1) of R.A. 9160, as amended, provides: "SEC. 7. Creation of Anti-Money Laundering Council (AMLC). The Anti-Money Laundering Council is hereby created and shall be composed of the Governor of the Bangko Sentral ng Pilipinas as chairman, the Commissioner of the Insurance Commission and the Chairman of the Securities and Exchange Commission as members. The AMLC shall act unanimously in the discharge of its functions as defined hereunder: (1) to require and receive covered or suspicious transaction reports from covered institutions; xxx xxx xxx." The Council resolved to: (1) Direct all covered institutions to submit to the Anti-Money Laundering Council reports on suspicious transactions, if any, involving Umar Patek and Ahmed Santos, including all transactions that occurred within the past five (5) years counting from the date of receipt of this Resolution; and (2) Request the Supervising Authorities to disseminate copies of this Resolution to all covered institutions under their respective jurisdictions. June 30, 2011, Manila, Philippines. DACaTI (SGD.) AMANDO M. TETANGCO, JR. Chairman (Governor, Bangko Sentral ng Pilipinas) (SGD.) TERESITA J. HERBOSA Member (Chairperson, Securities and Exchange Commission) Signed by representative EMMANUEL F. DOOC Member (Commissioner, Insurance Commission)