Former Land Bank DepEd Branch manager Nenita Camposano explained before the Senate impeachment court that covered transactions are automatically reported to the Anti-Money Laundering Council (AMLC) when they exceed ₱500,000.
Meanwhile suspicious transactions are reported based on unusual or doubtful activity regardless of the amount. She declined to say whether the ₱37.5 million DepEd transactions were flagged as suspicious, citing bank confidentiality. (Video courtesy of Senate of the Philippines)
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