THE Court of Appeals (CA) has affirmed the conviction of a former bank executive for money laundering in connection with the 2016 Bangladesh Bank heist.

The CA's First Division, in its 58-page decision dated February 6 and made available online recently has affirmed the Makati Regional Trial Court Branch 149 decision finding Maia Santos-Deguito guilty of eight counts of violation of Republic Act 9160 (Anti-Money Laundering Act) and sentencing her to up to 58 years in prison.

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