PDEA FETES FINANCIAL INVESTIGATORS FOR CONTRIBUTION TO COUNTRY’S FATF DELISTING
Financial Investigators who have distinguished themselves with remarkable contribution in the country’s exit from the Financial Action Task Force (FATF) money laundering grey list, were honored by the Philippine Drug Enforcement Agency (PDEA).
PDEA Director General Undersecretary Isagani R. Nerez (2nd from right) personally presented the “Natatanging Tagumpay Award” to five DAFIs, or Deputized Anti-Money Laundering Council Financial Investigators led by Director Martin Francia of the Investigation Service during the Agency’s Monday Flag-Raising Ceremony on March 10, 2025 at the PDEA National Headquarters in Quezon City.
Accompanying the Director General during the awarding ceremony were Assistant Secretary Renato Gumban, Deputy Director General for Operations; Director Emiterio Bitong, Chief-of-Staff; and Atty. Ronnie Cudia, Director of the Human Resource Management Service (HRMS).
PDEA, through its DAFIs, filed 41 anti-money laundering cases and 45 reports involving fraudulent monetary instruments before the Department of Justice (DOJ) – the highest among involved law enforcement agencies that helped address strategic deficiencies in countering money laundering which ushered to the country’s FATF delisting.
PDEA DAFIs are tasked to investigate financial transactions deemed suspicious for drug money laundering activities. They are working in close collaboration with the Anti-Money Laundering Council (AMLC) and other government agencies in the continuous preservation and protection of the integrity of the country’s financial system. Photos: Luis R Villacarlos
