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Mayor wounded, two dead in Philippine ambush

Communist guerrillas have wounded a town mayor and killed two of her aides in a pre-election ambush in the southern Philippines, police said Sunday. Ruth Guingona, a member of President Benigno Aquino's Liberal Party whose husband is a former vice president, sustained wounds in her arms and feet in late Saturday's attack on Mindanao island, police said. "Ms Guingona was with six police escort on their way back from attending a town fiesta when they were ambushed by New People's Army (NPA) rebels," national police spokesman Generoso Cerbo told reporters.

Mayor wounded, two dead in Philippine ambush

Communist guerrillas have wounded a town mayor and killed two of her aides in a pre-election ambush in the southern Philippines, police said Sunday. Ruth Guingona, a member of President Benigno Aquino's Liberal Party whose husband is a former vice president, sustained wounds in her arms and feet in late Saturday's attack on Mindanao island, police said. "Ms Guingona was with six police escort on their way back from attending a town fiesta when they were ambushed by New People's Army (NPA) rebels," national police spokesman Generoso Cerbo told reporters.

Philippine Congress approves expanded law against money-laundering

MANILA, Feb 7 (Reuters) - Philippine lawmakers have approved amendments that expanded the coverage of a law on illegal movement of money as the country sought to escape sanctions from an international watchdog. A bicameral Congress committee gave its approval late on Wednesday to the measure strengthening the Anti-Money Laundering Act, ahead of a Feb. 18 meeting of the Paris-based Financial Action Task Force (FATF).

Casinos get a pass in Philippines laundering law

Casinos were given a free pass as the Philippine parliament Wednesday passed a tougher law against money-laundering but protected the government's bid to chase mega-dollars in Asia's gaming boom. The amendments passed by the Senate and House of Representatives apply to businesses other than banks and aim to stop the funneling of proceeds from criminal activity, as well as to block terror funding. They also raise prison terms and fines.
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