Two of Bamban Mayor Alice Guo's fellow incorporators of Baofu Land Development are involved in Singapore's largest money laundering case
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“Given her connections to criminals, I welcome the DILG’s move to remove Mayor Guo’s power over the local police.,” the senator said in a statement.in April. Guo had said in a Senate hearing that she owned 50% of Baofu but that she had divested her shares ahead of her 2022 mayoral bid. Quoting a Channel News Asia report, Hontiveros said Zhang has “$41 million in assets overseas, including shareholdings in a Philippine real estate development company.”report on Tuesday, Lin faces 10 charges in Singapore in relation to the $2.8-billion money laundering case, and her lawyer informed the court that “he will be seeking a date for her to plead guilty.”“Ayon mismo kay Mayor, tinulungan daw siya ng mga kaibigan niya para makatakbo sa eleksiyon noong 2022.
“Kahit pa sabihin niyang nag-divest na siya sa Baofu bago tumakbo, the fact remains: she has ties with these criminals. Kaya ba siya tumakbong mayor para maprotektahan niya ang mga kaibigan niya? I am looking forward to our hearing on Wednesday. Sana naman may maalala na si Mayor,”
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