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| Ledesma after District Court hearing on Jan. 4, 2024 (File photo) |
A Filipino facing a money laundering charge involving US dollars and euros with a total value of HK$5.55 million, has been remanded in jail by the District Court after it adjourned the case to Aug. 11 for mention.
Jose Rizaldo Ledesma, who was unrepresented by a lawyer, had
earlier been re-arrested under a warrant for jumping bail after not showing up
for the second of the three-day trial on the same case on April 1 last year.
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Judge E. Lee remanded him in jail after hearing the circumstances of his absence.
Ledesma, a former musician, is charged with dealing with
property known or believed to represent proceeds of an indictable offence,
contrary to section 25(1) and (3) of the Organized and Serious Crimes
Ordinance. The offence is punishable by up to 14 years in jail and a maximum
fine of $5 million.
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| Details here |
The charge arose from €21,500 Euros and US $706,468.21 in
illicit funds that passed through his account with the Bank of China. (Hong
Kong) Limited between Aug. 5, 2020 and Oct. 21, 2020.
Ledesma had earlier pleaded not guilty
and was on the second day of his trial at the District Court when he jumped
bail. His cash bail of $300 was forfeited by Judge G. Lam, who ordered that he
not be allowed to post bail once arrested.
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| Basahin ang detalye! |
Ledesma, according to the police complaint, is also known as
Ledesma Jose. Rizaldo Raymundo and Leoesma Tose Rizhido R.
