The Standard - 2015 June 18 - Thursday

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RotaRy club of manila newspapeR of the yeaR 2015 VOL. XXIX NO. 118 3 Sections 32 Pages P18 THURSday : JUNE 18, 2015 www.thestandard.com.ph editorial@thestandard.com.ph

SC asks morales to explain

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‘wang firm a front for gambling ring’

By Christine F. Herrera

THE House panel investigating the case of suspected Chinese crime lord Wang Bo has summoned officials from his employer, ELC Technologies Consulting Inc., to the next hearing amid suspicion that the company was being used as a front for a P91 billion illegal gambling and money laundering operation.

Abakada Rep. Jonathan de la Cruz said one of ELC’s incorporators and its president, Zhao Yin, was also declared by China as a fugitive, and was among four individuals—including Wang—who had been put on the Bureau of Immigration’s watch list and blacklist orders. During Tuesday’s hearing, Pampanga Rep. Oscar Rodriguez, chairman of the committee on good government and public accountability, ordered that officials

of the Anti-Money Laundering Council (AMLC) be invited to the July 7 hearing after Cavite Rep. Elpidio Barzaga Jr. and Dela Cruz wanted to know how 13 billion yuan or P91 billion had found its way into the Philippines from China undetected. “I have received information that Wang and Zhao were using the ELC as a front for money laundering and setting up companies here using the laundered money,” Dela Cruz said.

The Standard tried to reach the number of ELC listed on an online business directory, but the person who answered the phone denied it was an office number. Earlier, the Chinese Embassy submitted a report to Immigration Commissioner Siegred Mison and Justice Secretary Leila de Lima, saying Wang was involved in transnational illegal gambling and laundered P91 billion into the Philippines to expand his illegal “Skybet” operation. Next page

Japan tells China: no done deal in sea spat JAPAN warned China on Wednesday that its extensive land reclamation in the disputed South China Sea does not make ownership “a done deal”, after Beijing announced it had almost finished its controversial island-building. The rebuke came after Washington urged China against militarization of the area, saying that risked escalating tensions, even as satellite pictures have shown a runway long enough to let even the biggest aircraft land. It also came as details emerged of a joint exercise between Japan and the Philippines, as the relationship blossoms between the two regional powers most prepared to push back against Beijing’s perceived rising aggression. “We hold serious and significant concerns about the unilateral actions aimed at changing the status quo, which are bound to increase tension,” Japan’s Chief Cabinet Secretary Yoshihide Suga told reporters. “With the completion of the reclamation, we must not accept the land reclamation as a done deal. We demand (China) not take unilateral actions that bring irreversible and physiNext page cal changes,” he said.

RAMADAn

Handover of guns all ‘for show’

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Anticipating Ramadan. A Muslim reads the Koran inside a mosque in Quiapo, Manila, as the world’s Muslims prepared for Ramadan. DAnny PAtA


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