US money laundering experts share knowledge with Sandigan justices

October 15, 2019

United States experts on handling money laundering cases hosted a roundtable discussion to share their knowledge with 21 Sandiganbayan justices.

The event, organized by the U.S. Embassy in the Philippines U.S. Department of Justice Office of Overseas Prosecutorial Development, Assistance, and Training (DOJ/OPDAT), the Supreme Court of the Philippines, and the Philippine Judicial Academy aimed to enhance participants’ capabilities, competencies and skills in examining and adjudicating money laundering and financial crimes, deepen understanding of how to freeze assets, recover laundered property, and ensure proper preservation and management of assets.  

Judge Bernice Donald of the United States Court of Appeals for the Sixth Circuit shared her expertise on traditional and emerging methods of money laundering.

She talked about the role that bitcoins and other cryptocurrencies and the dark web can play in money laundering, as well as other money laundering methods, including using money cards and gift cards, and through online networks.

The knowledge-sharing program was designed to inform justices on relevant laws and decisions, sharpen justices’ ability to analyze accounts and follow the money trail, review emerging methods of money laundering and the role of electronic evidence, and best practices for applying court technology in adjudicating cases.

‘’The Sandiganbayan justices truly appreciate the [DOJ/OPDAT] for organizing the roundtable.  The topics, especially the rules on electronic evidence, were a valuable revisit of the laws and rules and made [the justices] realize that there is still room for more improvement in the delivery of justice,” Justice Geraldine Faith  Econg said.