AMLC freezes NDFP properties, funds due to terrorist designation

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Metro Manila (CNN Philippines, July 20) - The Anti-Money Laundering Council (AMLC) has issued a freeze order against the properties, funds and other accounts of the National Democratic Front of the Philippines (NDFP) after its designation as a terrorist organization by the Anti-Terrorism Council (ATC).

In a notice, the ATC issued a resolution “directing the issuance of Sanctions Freeze Order to take effect immediately against the National Democratic Front (NDF), also known as the National Democratic Front of the Philippines (NDFP), pursuant to its designation as terrorist by the Anti-Terrorism Council (ATC) Resolution No. 21 (2021) dated 23 June 2021, and the freezing without delay of the following property or funds, including related accounts.”

The ATC earlier referred to the NDFP as an “integral and inseparable part” of the Communist Party of the Philippines and its military arm, the New People’s Army. Both the CPP and NPA were likewise tagged as “terrorist organizations” in December last year.

The freeze order also covers properties or funds “not limited to those that are directly related or can be tied to a particular terrorist act, plot, or threat.”

The AMLC will also go after individuals, corporations, and instrumentalities which “make available any property or funds, or financial services, or other related services to the NDF, also known as the NDFP.”

The notice read that those who were identified shall be prosecuted to the fullest extent of the Terrorism Financing Prevention and Suppression (TFPSA) Act of 2012.

“All persons, organizations, associations or groups of persons whose property or funds are frozen, including related accounts are hereby informed that they may avail of the remedies under Republic Act No. 11479, otherwise known as Anti-Terrorism Act of 2020, and its Implementing Rules and Regulations and under the TFPSA and its Implementing Rules and Regulations,” read the notice.