Rody downplays Trillanes' bank waiver

Duterte refuses to sign bank secrecy waiver

'Won't give you the pleasure': Duterte refuses to disclose bank account at opposition's request

You must be stupid ... "Tell him, 'Go somewhere else and fly a kite, '" said Duterte on Tuesday, September 13 during a media interview at the Libingan ng mga Bayani, where he attended the wake of an army captain killed in Marawi. If he wants to look for evidence, then he should look. Antonio Trillanes IV, saying the document does not cover the senator's co-depositors in accounts overseas.

Duterte told reporters Tuesday night his camp is building a case against Trillanes, whom he accused of lying about bank accounts overseas. He added he would fall into a trap if he gives in to Trillanes' challenge to also sign a bank waiver. Why would he drag me into it? And I think if I were not the President.

The President said he refuses to issue a waiver and bank account transaction history because it would be self-incrimination and tantamount to giving in to Trillanes.

"So, even if he signs a waiver, if the co-signer does not, nothing will happen". The bank would never, never name who is the partner [of Trillanes]. "But we have obtained his bank records, a foreign government supplied that", Duterte said.

The President claims the information he has proves that Trillanes has "perfected the art of crime".

He claimed his critic in Congress was confident to sign bank secrecy waivers since the Anti-Money Laundering Council will be unable to act on them anyway if the person he shares a bank account with does not also sign a waiver.

"Definitely, the amounts he was dealing with [are] less than the amount that would raise the red flag, like P500,000". It would be enough for the people to know that he has so many bank accounts. He's at risk of being prosecuted by the USA government. "Because someone would interfere", said Duterte.

Exceptions to the confidentiality of bank deposits include cases of impeachment and cases where the money deposited or invested is the subject matter of litigation.

Earlier on Tuesday, Chief Presidential Legal Counsel Salvador Panelo said the waiver Duterte signed during the 2016 campaign, when Trillanes accused the former Davao City mayor of keeping P2 billion in secret deposits, remained valid.

"About the challenge of Trillanes to the President for the latter to execute a waiver on his bank account, the same has been done a long time ago particularly in the first week of May 2016 with the BPI (Bank of the Philippine Islands) as regards his allegation that President Rodrigo Duterte has PHP 211 million in his savings account".

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