R.A 9160 An Act Defining the Crime Of Money Laundering, Providing Penalties Thereof and for Other Purposes: Accountability of Family and Relatives of the Offender in Cases of Money Laundering in the Philippines, Specifically of Government Officials.

By Shierley Ogatis, Andrea May Aquino and Febbie Mae Porras

Money laundering, as a global threat, has resulted in economic meltdown and a lack of trust in the people’s government. Despite the fact that decades have passed, it remains one of the Philippines’ most pressing issues. For the Philippines, it is a tremendous challenge that might jeopardize national security and perhaps the future of the next generation as it becomes a political trend.

This research was conducted to investigate the content of the Philippines’ Anti-Money Laundering Act and its revisions, specifically the amplification of accountabilities to families and relatives of accused, as well as the convictions made under the statute. To compare the original legislation and subsequent amendatory laws and to discover the elements that were amended in the previous provisions along with the new provisions for the law to be better enforced.

This study is expected to have a significant impact on promoting the rule of law and restoring public trust in government officials. It is also expected that the recommendations and conclusion as to better implement the statute will be made.

The research material used in the study was non-experimental, the research is just a discussion. The study relied on books, journals, newspaper articles, published reports, academic studies, selective interviews, and other internet sources instead of actual legal experiments.