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endIndex: A bill that seeks to strengthen the country s anti-money laundering policies failed to hurdle the Senate before the holiday break since Malacañang s letter certifying it as urgent contained suggested provisions. (FILE PHOTO)
Metro Manila (CNN Philippines, December 16) A bill that seeks to strengthen the country s anti-money laundering policies failed to hurdle the Senate before the holiday break since Malacañang s letter certifying it as urgent contained suggested provisions.
On Wednesday, senators passed on second reading Senate Bill 1945, sponsored by Senator Grace Poe, which seeks to improve the functions of the Anti-Money Laundering Council and include tighter restrictions.
Senate President Vicente Tito Sotto III said the upper chamber received a letter certifying the measure as urgent but it had attached conditions which was not allowed. He, along with Poe and Senate Majority Leader Miguel Zubiri, agreed it was the first time they encountered a letter wi