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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.

Summary by bworldonline.com
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…

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ABS-CBN broke the news in Quezon City, Philippines on Wednesday, September 24, 2025.
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