Ex-general guilty of bribery and money laundering - BusinessWorld Online

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Ex-general guilty of bribery and money laundering - BusinessWorld Online
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The Philippines’ anti-graft court has convicted a retired general of bribery and facilitating money laundering after he amassed at least P303 million from illegal commissions, gifts and other schemes during his military tenure. READ:

In an eight-page decision dated July 5, the Sandiganbayan Second Division ruled ex-military Major General Carlos F. Garcia’s crimes had resulted in an undue advantage at the expense of the Filipino people.

Mr. Garcia was initially charged with plunder and money laundering but had entered a plea bargain deal for the lesser offenses of direct bribery and facilitating money laundering in 2010. In its ruling, the anti-graft court sentenced him to as long as 14 years in prison and fined him more than P400 million for both crimes.

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