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Thursday, March 9, 2017
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CEBU City – The Court of Appeals (CA) released an order freezing all the P76-million assets of suspected Central Visayas drug lord Franz Sabalones.
The order, valid for six months and dated Jan. 19, was issued by the appellate court’s 8th Division in this city on Tuesday.
The Philippine Drug Enforcement Agency (PDEA) requested for its issuance through the Anti-Money Laundering Council.
PDEA regional director Yogi Felimon Ruiz said they tracked Sabalones’ assets for six months after he surrendered in August last year.
Sabalones, brother of Vice Mayor Fralz Sabalones of San Fernando, Cebu, surrendered to Philippine National Police chief Ronald Dela Rosa after President Rodrigo Duterte tagged his brother as drug protector.
He confessed that he is a drug lord operating in Central Visayas and tagged several police officers as his protectors.
Ruiz said Sabalones owns several properties, including six lots, in Cebu province.
He said the freeze order was issued because they were able to prove that Sabalones’ properties were all acquired through his illegal drug business.
“Under the law, proceeds of the crime of illegal drugs can be forfeited in favor of the government,” said Ruiz.
Ruiz said the issuance of the freeze order will affect Sabalones’ capability to conduct future businesses.
He also said the PDEA’s attention is now focused not only on confiscating illegal drugs but also on confiscating the alleged drug lords’ assets “so they could not continue their illegal businesses.” (PNA)
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