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Rizal bank manager handed travel ban in money-laundering scandal

( March 14, 2016, 03:18 GMT | Insight) -- A manager of a Rizal Commercial Banking Corp branch who is under investigation over an $81 million cross-border money laundering scandal has been prevented by immigration authorities from leaving the country, the Philippine Daily Inquirer reports.  A manager of a Rizal Commercial Banking Corp branch who is under investigation over an $81 million cross-border money laundering scandal has been prevented by immigration authorities from leaving the country, the Philippine Daily Inquirer reports. Maia Santos-Deguito, who has claimed that bank executives knew of the anomalous transactions, was offloaded from a Philippine Airlines flight bound for Japan on March 11. The lender's CEO, Lorenzo Tan, has strongly denied Santos-Dequito’s allegations, and according to a Philippine Star report, has offered to go on leave to give the bank and investigators a free hand to probe the scandal. Both Santos-Dequito and Tan are expected to appear before a Senate blue ribbon committee hearing on the issue on March 15....

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