Vice President Sara Duterte and her husband, lawyer Manases “Mans” Carpio, were linked to a total of P4.4 billion in financial transactions between 2007 and 2025, according to an Anti-Money Laundering Council (AMLC) report presented before the Senate Impeachment Court on Monday.
The AMLC summary, presented by Executive Director Ronel Buenaventura during the prosecution’s presentation of evidence, listed 666 covered transaction reports (CTRs) and 55 suspicious transaction reports (STRs) associated with the couple.
According to the report, Duterte accounted for P3.73 billion in transactions recorded across 373 CTRs and 34 STRs during the 18-year period reviewed by financial investigators.
Buenaventura told the court that AMLC records showed P1.41 billion in inflows and P1.06 billion in outflows under Duterte’s name, while another P1.26 billion could not be definitively classified as either incoming or outgoing funds.
Carpio, meanwhile, was linked to P749.92 million in transactions across 363 CTRs and 30 STRs, according to AMLC records.
The report showed that Carpio recorded P220.03 million in inflows, P249.99 million in outflows, and P279.91 million in transactions categorized as unclassified movements.
To avoid double counting transactions from joint accounts, the AMLC deducted 70 CTRs, nine STRs, and P81.88 million appearing in both spouses’ records.
After the adjustment, the AMLC reported a net total of P4.4 billion in aggregate transactions involving the couple, consisting of P1.63 billion in inflows, P1.31 billion in outflows, and P1.46 billion in unclassified transactions.
During the hearing, prosecutors also questioned Buenaventura about several large withdrawals from a Bank of the Philippine Islands (BPI) account jointly held by Duterte and her father, former President Rodrigo Duterte.
One transaction involved an over-the-counter cash withdrawal amounting to P9.1 million on April 8, 2013, from the bank’s Julia Vargas branch.
Buenaventura identified the transaction as bearing the code “CWDLO,” which, under AMLC reporting standards, indicates an over-the-counter cash withdrawal.
Prosecutors likewise presented another transaction dated March 9, 2011, amounting to $225,581.94, or about P9.79 million, involving the same joint account.
In a separate line of questioning, prosecutors highlighted six cash withdrawals made by Carpio on Aug. 6, 2024, totaling P41 million.
Buenaventura testified that the withdrawals consisted of P15 million and P8 million taken from accounts at BDO Davao, as well as four over-the-counter withdrawals from PNB Davao amounting to P5 million, P5 million, P3 million, and P5 million.
Asked to identify the owner of the accounts, Buenaventura said all six transactions were made from accounts registered under Carpio’s name.
The prosecution presented the AMLC records as part of its evidence supporting allegations of unexplained wealth under Article II of the Articles of Impeachment filed against the Vice President. ||
