MANILA – State insurer Philippine Health Insurance Corporation (PhilHealth) has partnered with the Anti-Money Laundering Council (AMLC) to “promote and encourage cooperation and coordination to prevent, control, detect, investigate and prosecute unlawful and money laundering activities as well as terrorism financing”.
“The partnership also endeavors to cooperate in the areas of information exchange in accordance with the Data Privacy Act of 2012, and capacity building measures to enhance the capability of both parties in addressing money laundering, terrorism financing and unlawful activities in the country,” the PhilHealth said in a statement.
On Monday, PhilHealth President and Chief Executive Officer, Atty. Dante A. Gierran assured the public that the liquidation of PHP15 billion fund allegedly lost to corruption would be completed within the first quarter of the year.
Gierran noted that about 94 percent of the fund has been released to various healthcare facilities “under the interim reimbursement mechanism as of February 15”. (PNA)
