Deguito to file motion for reconsideration against guilty verdict

THE former manager of Rizal Commercial Banking Corp. (RCBC) convicted for eight counts of money laundering will appeal to reverse the Makati court’s decision on Friday, her lawyer said.

Demetrio Custodio said his client, Maia Deguito, was facing four to seven years of imprisonment for each of the eight counts “so we will take a look and determine now our proper course of action but right now, we are going to file a motion for reconsideration.”