CA prolongs freeze order vs. assets of suspected drug trafficker

October 28, 2011 10:45 pm 

MANILA, Oct. 28 – The Court of Appeals (CA) has extended the freeze order it issued over several bank accounts and assets of a suspected drug trafficker who was caught in a buy-bust operation by operatives of the Philippine National Police (PNP) in March 2011.

In a six-page resolution of the CA Former Second Division, penned by Associate Justice Michael Elbinias, the CA extended for a period of six months the freeze order against the bank assets and motor vehicles of Renato Go y Ling, alias 'Wu Na Mai'; Evelyn Mori Go; Kelly Lou Go; and Ken-Che Enterprises.

However, the CA modified the coverage of the freeze order with regards to Kelly Lou Go and Renato Go's UCPB loan account.

"… to the rest of the respondents, the banks, and the LTO, the freeze order is hereby ordered extended for a maximum period of 6 months from July 29, 2011, the date the freeze order was issued, freezing the bank accounts and all related web accounts and deposits as well as the motor vehicles mentioned in the freeze order and in the instant petition pertaining to such persons," the CA resolution said.

The CA also ordered the "division clerk of court to consolidate (this case) AMLC No. 00047 with any civil forfeiture case or money laundering case before the appropriate Regional Trial Court, which may be filed by the AMLC within 6 months from July 29, 2011."

The CA ruling said that covered by the order are the accounts of Renato Go and wife, Evelyn, in Banco de Oro, Metrobank, Union Bank and United Coconut Planters Bank.

The CA originally issued a 20-day freeze order against the assets of the respondents.

It said that the petition filed by the Anti-Money Laundering Council (AMLC) was found to be sufficient in form.

Concurring with the the ruling were Associate Justices Remedios Salazar-Fernando and Celia Librea-Leagogo.

Records showed that Renato Go was arrested by the PNP-National Capital Region Police Office-Regional Anti-Illegal Drugs Special Operations Task Force in Araneta Ave., Quezon City on March 12, 2011.

Seized in Go's possession were 3,742.6 grams of white crystalline granules, which were later confirmed by the Philippine Drug Enforcement Agency (PDEA) as methamphetamine hydrochloride, otherwise known as "shabu".

Renato Go was charged before the Quezon City Regional Trial Court (RTC) Branch 82 with violation of Section 5, Article II of Republic Act No. 9165, otherwise known as the "Comprehensive Dangerous Drugs Act of 2002".

Go's bank transactions showed significant increase in deposits a few months before the date of his arrest.

After his arrest, records showed that Renato Go's financial transactions ceased while that of his wife, Evelyn, substantially increased indicating that the transactions seem to pass through her account and were made in case and in rounded figures.

Investigations conducted by the authorities also showed that Go apparently does not have a legitimate source of income as indicated in the arrest and booking sheet where he declared that he was unemployed.

A certification from the Department of Trade and Industry (DTI) indicated that there is no registered business entity under Renato Go's name.

According to the DTI, Ken-Che is registered under the name of Renato's wife. (PNA) RMA/PTR/utb


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