30/07/2019 Republic Act No. 9372 | Official Gazette of the Republic of the Philippines In addition to the liability attaching to the offender for the commission of any other offense, the penalty of ten (10) years and one day to twelve (12) years of imprisonment shall be imposed upon any police or law enforcement personnel, who maliciously obtained an authority from the Court of Appeals to examine the deposits, placements, trust accounts, assets, or records in a bank or nancial institution of: (1) a person charged with or suspected of the crime of terrorism or conspiracy to commit terrorism; (2) a judicially declared and outlawed terrorist organization, association, or group of persons; or (3) a member of such organization, association, or group of persons: Provided, That notwithstanding Section 33 of this Act, the party aggrieved by such authorization shall upon motion duly led be allowed access to the sealed envelope or sealed package and the contents thereof as evidence for the prosecution of any police or law enforcement personnel who maliciously procured said authorization. SEC. 37. Penalty of Bank O cials and Employees Defying a Court Authorization. — An employee, o cial, or a member of the board of directors of a bank or nancial institution, who refuses to allow the examination of the deposits, placements, trust accounts, assets, and records of: (1) a person charged with or suspected of the crime of terrorism or the crime of conspiracy to commit terrorism; (2) a judicially declared and outlawed organization, association, or group of persons; or (3) a member of such judicially declared and outlawed organization, association, or group of persons in said bank or nancial institution, when duly served with the written order of the authorizing division of the Court of Appeals, shall be guilty of an offense and shall suffer the penalty of ten (10) years and one day to twelve (12) years of imprisonment. SEC. 38. Penalty for False or Untruthful Statement or Misrepresentation of Material Fact in Joint A davits. — Any false or untruthful statement or misrepresentation of material fact in the joint a davits required respectively in Section 12 and Section 32 of this Act shall constitute a criminal offense and the a ants shall suffer individually the penalty of ten (10) years and one day to twelve (12) years of imprisonment. SEC. 39. Seizure and Sequestration. — The deposits and their outstanding balances, placements, trust accounts, assets, and records in any bank or nancial institution, moneys, businesses, transportation and communication equipment, supplies and other implements, and property of whatever kind and nature belonging: (1) to any person suspected of or charged before a competent Regional Trial Court for the crime of terrorism or the crime of conspiracy to commit terrorism; (2) to a judicially declared and outlawed organization, association, or group of persons; or (3) to a member of such organization, association, or group of persons shall be seized, sequestered, and frozen in order to prevent their use, transfer, or conveyance for purposes that are inimical to the safety and security of the people or injurious to the interest of the State. https://www.officialgazette.gov.ph/2007/03/06/republic-act-no-9372/ 17/26