Vice President Jejomar Binay’s alleged financial officer and trusted aide asked the Court of Appeals to lift the freeze order imposed against 170 banks and financial accounts under his name.

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Gerardo “Gerry” Limlingan’s 88 page urgent motion indicates that the Anti-Money Laundering Council (AMLC) failed to show proof that he was involved in illegal activity associated with the vice president and that  his accounts were connected to illegal activities.

In his motion, Limlingan said he is an established businessman with legitimate businesses and sources of income.

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Ernesto Mercado

According to the former Makati Vice Mayor Ernesto Mercado, Limlingan was a henchman and bagman of the Vice President Binay when the Binay was still a mayor of Makati.

Limlingan has been on the run since the Senate blue ribbon subcommittee started its inquiry on the Vice President’s supposed corrupt activities.

During a Senate hearings Mercado said that Limlingan fronted for Binay in businesses and properties that are not declared in the Vice President’s statement of assets and liabilities.

242 bank accounts of investments were ordered and directed to be freezed and also insurance policies issued to Limlingan, former Makati Vice Mayor Ernesto Mercado, Vice President Jejomar Binay, and suspended Makati mayor Junjun Binay, among others.

The funds in the covered accounts were allegedly gotten from claimed overpricing in the Makati City Hall Parking Building and Makati City Science High School Building, and in addition the asserted 5 percent share and offer from a joint venture agreement with Alphaland.

Images credited to inquirrer.net, globalbalita.com, minibalita.com and newsflash.org

By: Robert Beerlack

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