

Ramil Madriaga, self-confessed former “bagman” of Vice President Sara Duterte, has formally submitted a waiver of the Bank Secrecy Law to the House Committee on Justice on Tuesday, April 14, allowing lawmakers to examine his bank records as part of its ongoing proceedings.
Madriaga signed the waiver and took an oath during the committee hearing on Duterte impecahment case, effectively authorizing the panel to scrutinize the bank accounts listed in his supplemental affidavit. “For the record this waiver of bank secrecy law will be received by the Comm Sec to form part of records of our proceedings today,” said Luistro during the hearing, after Madriaga executed the document. The waiver permits the committee to review financial transactions tied to Madriaga’s statements, which are now part of an ongoing investigation linked to allegations raised during the impeachment proceedings involving Vice President Sara Duterte. In his earlier testimony, Madriaga claimed that billions of pesos had passed through his bank accounts, allegedly originating from the offices of the former president and his daughter. He also described himself as a political adviser and operator for both Sara Duterte and her father, former president Rodrigo Duterte. Madriaga further alleged that he had been used as a “dummy” account holder for financial transactions connected to the former president. By signing the waiver, Madriaga has allowed the House panel to directly access and validate the bank records cited in his supplemental affidavit, which he also affirmed under oath during the hearing.
