The Philippine National Police (PNP) has identified two casino junket operators suspected of facilitating the transfer of ransom money linked to the recent abduction and murder of a Filipino-Chinese steel magnate.
According to a report by RH Edniel Parrosa, the PNP named 9Dynasty Group and White Horse Club as the channels through which the ₱200 million ransom money was allegedly transferred.
LOOK: Ibinunyag ng PNP ang dalawang casino junket operators na pinagdaanan ng ransom money sa Que kidnap-slay case.
— DZRH NEWS (@dzrhnews) May 5, 2025
Kabilang dito ang White Horse Club at 9 Dynasty Group, na dati na umanong may transaksyon sa isang sinasabing Chinese spy. | RH 52 @ednielparrosa, DZRH News pic.twitter.com/mOIxUs7A1y
Furthermore, after passing through the junket operators, the ₱200 million ransom was reportedly converted into cryptocurrency, then split into smaller amounts and sent to various domestic and international locations.
The PNP and the Anti-Money Laundering Council (AMLC) are seeking to shut down the junket operators in question and freeze their assets as the money trail investigation continues.
At present, one e-wallet allegedly linked to the case has been frozen by authorities, holding around 79,800 US dollars.
Meanwhile, it was also revealed that a Chinese national previously arrested by the National Bureau of Investigation (NBI) for alleged espionage had past transactions with the junket operators.
"Ito pong pangalan ni Ni Qinhui ay nag-appear po sa isang newspaper report po published noong February 26, na inidentify po siya as one of the individuals apprehended by the NBI for espionage," PNP Spokesperson PBGen. Jean Fajardo said in a press briefing on Monday.
Further investigation revealed that 9Dynasty is owned by Li Duan Wang, a Chinese national whose application for Filipino citizenship was denied by President Ferdinand “Bongbong” Marcos Jr. because of alleged risks to national security.
In light of the PNP’s findings, PNP Chief PGen. Rommel Francisco Marbil confirmed that the National Security Council (NSC) has stepped in to conduct a thorough investigation into information uncovered by the authorities.
Authorities have initiated a money laundering case and are pushing for the revocation of the operating licenses of the involved junket operators.
