Money laundering, pornography by Chinese only ‘isolated incidents’

By: Daphne Galvez - Inquirer.net - Inquirer.net | March 05,2020 - 07:58 AM

MANILA, Philippines — Money laundering and illegal pornography reportedly engaged in by Chinese nationals are only “isolated incidents,” the Chinese Embassy in Manila asserted Wednesday.

The incidents cannot represent the whole picture of China-Philippines relations, it added.

The embassy issued the statement amid reports that two suspected indicates identified as Chinese brought into the Philippines at least $370 million (P18.7 billion) in foreign dirty money, possibly being used for criminal activities.

READ: BOC confirms $370M in dirty money entered PH with PNP, AFP, airport escorts

It added that the Chinese government attaches “great importance” to fighting all kinds of illegal and criminal activities and has been maintaining “close cooperation” with the Philippine government in cracking down on transnational crimes.

The embassy said it would be willing to continue to strengthen communication and cooperation with the Philippines in safeguarding the legitimate rights and interests of Chinese citizens in the country.

“The Chinese Embassy firmly opposes any irresponsible remarks based on fake news and condemns any groundless allegations against China out of ulterior political motives,” it said.

“The China-Philippines relations have maintained a good momentum of development, which serves the fundamental interests of the two peoples. China is willing to work with the Philippines to push the comprehensive strategic cooperation to a new level,” the embassy added.

/atm

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

TAGS: money laundering

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.