The funds of the local communist movement can now be freezed and seized by the government after the Anti-Terrorism Council (ATC) formally labeled the Communist Party of the Philippines (CPP) and its armed wing New People’s Army (NPA) as terrorist groups.
This development comes as the CPP celebrates its 52nd founding anniversary today (December 26).
In Resolution No. 12 dated December 9 but released to the media on Friday, the ATC said it found “probable cause that the CPP/NPA committed or conspired to commit the acts defined and penalized under Section 4 of the ATA (Anti-Terrorism Act) and hereby designates the CPP/NPA as terrorist organizations, associations or groups of persons.”
This development comes three years since President Rodrigo Duterte issued Presidential Proclamation No. 374 in December 2017 that declared the CPP and NPA as terrorist groups. The ATC is an agency under the Department of Justice.
With the ATC officially declaring the CCP and NPA as terrorists groups, the Anti-Money Laundering Council can now freeze and seize the funds of communist terrorists subject pursuant to Section 11 of the Republic Act No. 10168 or the Terrorism Financing Prevention and Suppression Act, as provided under Section 25 of the ATA.
Defense Secretary Delfin Lorenzana said earlier the CCP/NPA extorts as much as P1 billion from various businesses, including from telecommunication firms that have infrastructure in the countryside. SOVEREIGNPH