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US Justice Department probes Napoles family dollar accounts

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MANILA - An investigation by authorities on the business and individual financial transactions of businesswoman Janet Lim Napoles, members of her family and business firms, has started.
This as The US Justice Department was reported by GMA News program "24 Oras" to be now looking into two bank accounts under the companies owned by Napoles, 
 
Based on information gathered by GMA News as reported on its website, Napoles' company, Western Investment Corp., made eight dollar deposits to Hanmi Bank in the US from September to October 2006 amounting to $3.5 million.
 
Another company owned by Napoles, Western Ventures Management, meanwhile had eight fund transfers amounting to more than $1 million from October 2006 to July 2007 also to Hanmi Bank, according to GMA News.
 
The US Justice Department is now scrutinizing the two bank accounts in accordance with a request from the Philippines' Department of Justice (DOJ), the GMA news program “24 Oras” reported.
Aside from the dollar bank accounts of Napoles' companies, the US Justice Department is also investigating another dollar bank account under Napoles' brother Reynald Lim, who remains at large despite an arrest warrant for an illegal detention charge, according to the network.
 
The report added that the US Justice Department is also investigating an alleged fund transfer made to First American Trust dated July 14, 2011, amounting to more than $1 million which is believed to be the payment for the condominium unit of Napoles' daughter Jeane at the posh Ritz-Carlton Hotel in Los Angeles.
 
In an affidavit submitted to the DOJ on September 12, 2013, whistleblower Benhur Luy said the Napoles family has four bank accounts in California in the names of Napoles' daughter Jo Christine, brother Reynald Lim, nephew Jose Emmanuel, and Western Investment Corp.
 
Luy also said in his affidavit that Napoles used to buy dollars on the black market using her income from the pork barrel scam. Luy said Napoles used to buy dollars from a certain Hector Ang and a Michael Ty.
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