00:00The Philippine National Police said that a Chinese National businessman was arrested in Bustos, Bulacan while fishing.
00:11PNP Spokesperson, Brigadier General Gene Fajardo said that this is a kidnap for ransom case.
00:18Four unidentified men were arrested and taken away from the victim.
00:26Based on the initial profiling of the victim, it was revealed that the victim was involved with POGO.
00:34Yesterday, there was a payment.
00:38Accordingly, there was a ransom of more or less 5 million that was paid to the side of the victim.
00:48However, one of the challenges confronting the anti-kidnapping group is the payment was done outside of the Philippine jurisdiction through cryptocurrency.
01:00So we are now coordinating, again, this time around the Philippine government through our AKG is the one coordinating with our foreign counterparts to at least trace
01:12kung saan pong bumagsak po itong ibinayad po ng mga more or less 5 million na ibinayad po in two tranches.
