A Subsidiary Of The Standard Chartered Bank Supreme Court Has Ruled In 2016 That Munoz May Be Extradited To Face Charges Seven Counts Quot Conspiracy Defraud Is Also Charged With Accepting An Advantage As Agent Its Ruling News Today : Breaking News, Live Updates & Top Stories | Vimarsana
(PNA file photo) MANILA - The Court of Appeals (CA) has turned down a plea by a former central bank official being sought for extradition by the Hong Kong government for bribery charges. In a resolution dated April 5, the CA upheld its 2021 ruling against Juan Antonio Munoz, the former treasury head of the defunct Central Bank of the Philippines, a precursor of the present Bangko Sentral ng Pilipinas. Hong Kong Special Administrative Region authorities wanted Munoz extradited to face charges of receiving illegal payments in 1994 while doing business with Moccatta Hong Kong, a subsidiary of the Standard Chartered Bank. The Supreme Court has ruled in 2016 that Munoz may be extradited to face charges of seven counts of "conspiracy to defraud." Munoz is also charged with "accepting an advantage as an agent." In its ruling, the CA, which denied Munoz's motion for reconsideration for lack of merit, said the SC had already sustained the granting of the extradition and