12th Congress

RA 9160
During the 12th Congress various bills were filed for strengthening the AntiMoney Laundering in the Philippines such as: House Bill No. 39 which was
filed by Rep. Jose C. Devenecia of 4 th District of Pangasinan entitled An Act
To Prevent, Detect, Prosecute and Punish Money Laundering and the Use of
Business Facilities in the Philippines in Money Laundering.
House Bill No. 282 was filed by Rep. Herminio G. Teves of 3 rd District of
Negros Oriental entitled An Act Authorizing Bangko Sentral Ng Pilipinas
(BSP) and Philippine Deposit Insurance Company (PDIC) to Look Into
Deposits of any Banking Institution to Prevent, Detect, Prosecute the Filipino
Depositors from any Illegal Banking Activities which Lead to the Closure of
Banks thereby Amending Republic Act 1405.
House Bill No. 817 was filed by Rep. Carlos O. Cojuangco of 4th District of
Negros Occidental entitled An Act to Prevent, Detect, Prosecute and Punish
Money Laundering and the Use of Facilities in the Philippines.
House Bill No. 1319 was filed by Rep. Francisco S. Perez II, 2nd District of
Batangas entitled An Act Defining and Punishing Money Laundering and
Providing for Appropriate Mechanism for its Detection, Prevention and
Prosecution, Including the Creation of the National Anti-Money Laundering
Board, Defining the Powers and Functions thereof and Appropriating Funds
Therefor
House Bill No. 1425 was filed by Rep. Augusto Boboy Syjuco Jr. L. of 2 nd
District of Iloilo entitled An Act Defining and Punishing Money Laundering
and Providing for Appropriate Mechanisms for its Detection, Prevention and
Prosecution, Including the Creation of the National Anti-Money Laundering
Board, Defining The Powers and Functions Thereof and Appropriating Funds
Therefor.
House Bill No. 1543 was filed by Rep. Harlin Cast. Abayon of 1 st District of
Northern Samar entitled An Act Penalizing the Laundering of Monetary
Instruments, Authorizing the Examination of Bank Records.
House
Manila,
Albano
Money

Bill No. 1832 was filed by Reps. Jaime C. Lopez of 2 nd District of

Jose C. De Venecia Jr. of 4 th District of Pangasinan and Rodolfo B.
Jr. of 1st District of Isabela entitled An Act Defining And Punishing
Laundering And Providing For Appropriate Mechanisms For Its

Detection, Prevention And Prosecution, Including The Creation Of The

National Anti-Money Laundering Board, Defining The Powers And Functions
Thereof And Appropriating Funds Therefor.
House Bill No. 1903 was filed by Rep. Narciso D. Monfort of 4 th District of
Iloilo entitled An Act Preventing and Penalizing Money Laundering and
Establishing the Anti-Money Laundering Advisory Group
House Bill No. 2147 was filed by Rep. Magtanggol T. Gunigundo I of 2 nd
District of Valenzuela City entitled An Act Penalizing the Laundering of
Monetary Instruments, Authorizing the Examination of Bank Records,
Creation of the Financial Transactions and Reports Analysis Center of the
Philippines.
House Resolution No. 9 was filed by Rep. Rafael P. Nantes of 1 st District of
Quezon entitled Resolution Urging Immediate Adoption of an Appropriate
Anti-Money Laundering Bill
However, House Bill No. 3083 with Committee Report No. 007 was passed
in consolidation of the following House Bill Nos: 39, 282, 817, 1319, 1425,
1543, 1832, 1903 and 2147 authored by Reps: Jaime C. Lopez of 2 nd District
of Manila, Oscar S. Moreno of 1st District of Misamis Oriental and Marcelino C.
Libanan of Lone District of Eastern Samar entitled An Act Defining And
Punishing Money Laundering, Providing For Appropriate Mechanisms For Its
Detection, Prevention And Prosecution And Creating The Anti-Money
Laundering Task Force, Defining Its Power And Functions, And For Other
Purposes
Committee meetings were held on August 22, 28, 29, 30, 2001 and
September 4, 11, 12, 17, 2001.
On September 24, 2001, Rep. Jaime C. Lopez of 2 nd District of Manila
delivered his sponsorship speech. On the following day, Reps. Marcelo C.
Libanan of Lone District of Eastern Samar, Oscar S. Moreno of 1 st District
Misamis Oriental and Felix Alfelor of 4 th District of Camarines Sur delived
their sponsorship speeches on the Anti-Money Laundering Bill.