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Rody takes over Quiboloy assets
The Philippine Star
|September 11, 2024
KOJC tightens belt as assets remain frozen
DAVAO CITY – Former president Rodrigo Duterte has taken over as administrator of all assets of his supporter, pastor Apollo Quiboloy, even as the Kingdom of Jesus Christ has to tighten its belt as the Court of Appeals has extended the freeze order on the bank accounts, real estate and other assets registered under Quiboloy’s name and the KOJC.
“Yes, the former president (Duterte) is now the administrator of those assets, but the KOJC has to do some belttightening measures because of the freeze order,” KOJC legal counsel Israelito Torreon told The STAR.
According to the AntiMoney Laundering Council (AMLC), the freeze order has been extended to Feb. 6, 2025 based on the Aug. 20 ruling of the appellate court.
On Aug. 7, the Court of Appeals initially imposed a 20-day freeze order after finding merit in the sexual exploitation, human trafficking and financial smuggling cases filed against Quiboloy and four others.
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