AMLC Asked to Freeze Assets of Officials, Contractors in Flood Control Scandal - BusinessWorld Online
DPWH seeks to freeze nearly P5 billion in air assets linked to Zaldy Co amid corruption probe into flood control projects, with AMLC and DOJ involved.
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8 Articles
P4.7-B aircraft tied to Zaldy Co's firms
Here are today’s headlines – the latest news in the Philippines and around the world: What’s in Zaldy Co’s hangar? P4.7-billion worth of aircraft linked to his firms The Department of Public Works and Highways asks the Anti-Money Laundering Council to freeze the air assets of companies linked to Ako Bicol Representative Zaldy Co. Witnesses, including Discayas, can be given security for now — DOJ Justice Secretary Boying Remulla says witnesses …
AMLC asked to freeze assets of officials, contractors in flood control scandal - BusinessWorld Online
By Ashley Erika O. Jose, Reporter THE Department of Public Works and Highways (DPWH) has requested the Anti-Money Laundering Council (AMLC) to freeze the billions of pesos worth of air and vehicle assets belonging to personalities, contractors and agency officials linked to anomalies in flood control projects. “I think the freeze order will be issued (immediately). I think within a few days (after request) it will be issued. Hopefully, the freez…
DPWH runs after air assets of Rep. Zaldy Co, 2 contractors
MANILA, Philippines — The Department of Public Works and Highways (DPWH) is after the assets of Ako Bicol Party-list Rep. Zaldy Co and two other contractors linked to ghost and substandard flood control projectsPublic Works Secretary Vicencio Dizon on Wednesday disclosed that he has also requested the Anti-Money Laundering Council (AMLC) to freeze the air assets of Misibis Aviation & Development Corp. owned by Co and those of Hi Tone Constructio…
Freeze planes, choppers linked to Zaldy Co, brother, DPWH requests AMLC
As part of efforts to recover supposed ill-gotten assets of personalities linked to the flood control projects scandal, the Department of Public Works and Highways (DPWH) is requesting the Anti-Money Laundering Council (AMLC) to freeze billions of pesos worth of air assets registered to companies related to Ako Bicol party-list Representative Elizaldy "Zaldy" Co and his brother Christopher Co.
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