5 months CA freezes Satarah bank accounts Manilatimes
BAGUIO CITY: The Court of Appeals (CA) granted the application of the Anti-Money Laundering Council for an order to freeze the bank accounts of 20 individuals directly linked to Satarah Wellness, one of the investment scams in the locality. With the freeze order, persons, banks and government agencies linked to Satarah Wellness are not allowed to withdraw, deposit, transfer, remove, convert, conceal or dispose of pertinent monetary instruments or property for 20 days; the order may be modified or extended for a period not more than six months. Meanwhile, the CA scheduled a summary hearing on the case at 10 ... more