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LAWIN.news

Court Extends Freeze Order on Quiboloy’s Assets

by Bunz Daseco, LAWIN.news August 29, 2024
written by Bunz Daseco, LAWIN.news August 29, 2024
QUIBOLOY / SAVED FEBRUARY 12, 2024 Pastor Apollo C. Quiboloy taken April 25, 2023. Photo from the Official Page of Senator Bong Go
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The Court of Appeals has decided to extend the freeze order on several assets belonging to Apollo Quiboloy, a televangelist who is currently a fugitive, and his organization, the Kingdom of Jesus Christ (KOJC). This order includes various bank accounts, real estate properties, and other assets registered in Quiboloy’s name and his sect.

The Anti-Money Laundering Council (AMLC) announced this development on Thursday. The freeze will now remain in effect until February 6. This extension continues the legal actions against Quiboloy, who faces serious allegations.

Quiboloy has been a controversial figure, known for his television ministry and claims of divine authority. He is facing multiple charges, including serious accusations linked to a range of criminal activities. The investigation into his operations has raised concerns about money laundering and other illegal practices.

Authorities began the process of freezing his assets as part of their initiative to follow the money trail associated with alleged wrongdoing. The AMLC has emphasized the importance of these actions in curtailing unlawful financial activities, especially involving influential individuals and organizations.

Quiboloy’s followers have expressed support for him amid the ongoing legal challenges. They maintain his innocence and believe that the charges against him are politically motivated. This has created a divide among the public, with some viewing him as a fraud and others as a victim of a larger conspiracy.

The court’s decision to extend the freeze order shows the seriousness of the case. Legal experts note that such measures are often necessary in high-profile investigations to prevent any potential movement or dissipation of assets while the case is ongoing.

As of now, Quiboloy remains at large. Authorities continue their efforts to locate him as the investigation progresses. The outcome of this legal battle may have implications for the future of his ministry and its operations.

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Bunz Daseco, LAWIN.news

Bunz Daseco, as a correspondent in the Philippines, reports on news stories spanning politics, economics, social issues, and culture. Stay informed and engaged with LAWIN.news—where every story counts. Disclaimer: The views and beliefs expressed by the author do not necessarily represent those of LAWIN.news, its management, editorial board, or staff.

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