Wash, clean and drain the chicken then chop the chicken in serving pieces.
Heat cooking oil in a pan and fry the annato seeds until the oil turns red in color.
Add in garlic, ginger and onion then saute until the onion is soft. The add in the chicken and stir.
Saute the chicken until it turns slightly brown. Pour the soy sauce and vinegar, do not stir. Add also the bay leaves, whole peppercorns and brown sugar.
Bring the mixture into a boil and again, do not stir. Cover and simmer for 20 minutes or until the chicken is tender.
When the chicken is tender, stir the chicken and then season with ground black pepper and add in the bell peppers. Stir again to mix the ingredients.
Turn off the heat and transfer to a serving dish. Serve hot and enjoy!