Philippine Appeals Court Freezes More Assets Linked to Flood Control Scandal - BusinessWorld Online

Philippine appeals court freezes more assets linked to flood control scandal - BusinessWorld Online

PRESIDENT Ferdinand R. Marcos, Jr. said the Court of Appeals has issued more freeze orders covering bank accounts, properties and aircraft linked to the alleged multibillion-peso fraud in government flood control projects, as he pushes to have key suspects jailed before Christmas. In a video statement on Facebook, Mr. Marcos said the freeze covers assets of Silverwolves Construction Corp. and Sky Yard Aviation Corp., as well as the personal acco…

Freeze order issued vs Yaps, firm linked to substandard La Union flood control project

President Ferdinand Marcos Jr. on Tuesday, December 9, announced that the Court of Appeals has issued a freeze order against two lawmakers—Congressmen Eric Yap and Edvic Yap.  

Construction firm linked to Congressman Eric Yap had P16B in transactions

MANILA, Philippines — President Ferdinand Marcos Jr. on Tuesday revealed that a construction firm linked to Benguet Rep. Eric Yap bagged more than P16 billion in transactions connected to the alleged anomalous government flood control projects.In a video message, Marcos said assets and properties of Silverwolves Construction Corporation were among those ordered frozen by the Court of Appeals (CA) as part of the efforts to being made to recover m…

Court of Appeals issues freeze order vs Silverwolves, Yaps in House

MANILA, Philippines — President Ferdinand Marcos Jr. on Tuesday, December 9, announced that the personal accounts and assets of one-time House appropriations chairperson Benguet Representative Eric Yap were among those ordered frozen by the Court of Appeals (CA) in relation to anomalous flood control projects being probed by his administration.  In a recorded message released early December 9, Marcos said the CA’s freeze order covers bank accoun…

Eric Yap, Edvic Yap assets frozen due to anomalous flood control projects: Marcos Jr.

President Ferdinand Marcos Jr. on Tuesday announced that the Court of Appeals has issued a freeze order against the bank accounts and assets of Benguet Rep. Eri

Marcos says assets of firms, 2 solons linked to flood control mess now frozen

President Ferdinand Marcos Jr. announced on Tuesday that the Court of Appeals (CA) has issued a freeze order on the bank accounts, properties, and air assets of contractors and two lawmakers linked to anomalous flood control projects.