Court Finds Ex-RCBC Manager Maia Deguito Guilt of Money Laundering
RCBC MANAGER – Makati Court found former Rizal Commercial Banking Corporation branch manager Maia
Recently, a news report about a former branch manager of one of the most prominent banks in the Philippines, RCBC, crossed the surface as a court revealed its findings.
Based on a report on Rappler, the Makati Regional Trial Court (RTC) Branch 149 found ex-RCBC manager Maia Deguito guilty of money laundering. The charges is over the $81-million bank heist in 2016.
According to the report,
The former bank manager is sentenced to a minimum of four(4) up to a maximum of seven(7) years in prison for each of the eight(8) counts charged to her.
Furthermore, she is also ordered to pay for the penalties amounting to $109 million.
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