Timestamp: 00:12:00
Carpio clarified that the Anti-Money Laundering Council (AMLC) is not absolutely barred from disclosing bank records—especially when compelled by constitutional authority.
He explained that AMLC provisions restricting disclosure apply only to voluntary releases, not to disclosures made under lawful orders.
Key points include:
- AMLC must comply with subpoenas issued by competent bodies
- The House of Representatives, in impeachment proceedings, exercises constitutional powers including subpoena authority
- These powers cannot be overridden by statutory provisions
Carpio emphasized that impeachment proceedings inherently require access to financial records to determine accountability.
Without subpoena power, Congress would be unable to fulfill its constitutional duty to investigate and prosecute impeachable offenses.