P2.2M Drug Money Found in Marine Lt. Col Account

Police are now coordinating with the Anti-Money Laundering Council to check the bank records of Marine Lt. Col. Ferdinand Marcelino who was arrested inside a shabu laboratory in Manila last week.

Anti-narcotics policemen seized several deposit slips that shows inflow of some P2.2 million to the bank account of Marcelino last year alone.

“Our director (Senior Supt. Antonio Gardiola) has already requested for a complete and through financial investigation to determine if are money laundering activities,” said Chief Insp. Roque Merdegia of the Philippine National Police Anti-Illegal Drugs Task Force.

A check on the deposit slips revealed that the biggest deposit was P500,000 on May 26 last year followed by another P200,000 a month later.

Another P300,000 was deposited on July 31. The lowest deposit was P30,000 which was made on March 4.

“We also found P86,000 cash from his bag, along with a handgun,” said Merdegia.

During the inventory of the items seized from him during the raid last week, Merdegia said they also found $210, P2,510, 15 Australian dollars, 20 Hong Kong dollars, and a SIM card for a satellite phone.

“Our director also ordered the filing of additional case against him because of the .45 pistol seized from him,” said Merdegia.

He said the gun has expired license and that Marcelino is not allowed to carry handgun because of the existing nationwide election gun ban.


Read more at P2.2M found in Marcelino bank account | Tempo - News in a Flash

A Marine Lt. Col. caught in a shabu lab you say? And they wonder why the government has such a hard time stopping the manufacturing of drugs. P2.2 million is chump change in the drug world.....this Lt. Col. was a small fish. Wonder what ranks/positions the guys making the real cash are.

 

And widely used I should think!

 

My gf seems to think there is such a law because when she says she didn't do something (even though she very obviously did) you would think that I had committed a crime by probing more into the issue and trying to get to the truth.

 

Oh, my gf only thinks the complete denial defense is a right she is entitled to. When I deny something (that I actually did not do) no amount of receipts, affidavits, witnesses, helmet camera footage or cctv footage submitted as evidence will prove my innocence....no matter how solid my case is I am always accused of tampering with the evidence so that it only looks like I'm innocent. Women! Ugh.