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SAGIP party-list Representative Rodante Marcoleta said on Thursday, August 1, 2024, that the two offshore bank accounts in Cayman Islands that allegedly received funds from South Korean banks were owned by Commission on Elections Chairman George Garcia.
That’s a consumer and banking subsidiary of a reputable world-renowned banking institution based in America. That’s why the transaction records from Chase for Business can be considered authentic and untampered,” he added.Marcoleta said 22 offshore accounts that received deposits from South Korean banks suddenly closed within the last two months.He expressed concern, as he urged Garcia to step down from post.“He should explain this. We can't sacrifice our elections,” said Marcoleta.
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