AMLC files asset forfeiture on flood control scandal assetsMANILA, Philippines — The Anti-Money Laundering Council (AMLC) has filed three civil forfeiture cases for assets tied to individuals and entities linked to the alleged anomalous flood control projects. In a statement on Wednesday, March 25, the AMLC said it filed the forfeiture cases before the Regional Trial Court of Manila. “Following the extensive investigation and finding of probable cause, the AMLC filed three Petitions for Civil Forfeiture before the Regional Trial Court in Manila, the AMLC said. According to the AMLC, the investigation into the flood control scandal is one of the most complex in recent history due to the sheer volume of data involved. “The filing of civil forfeiture cases is the final step to ensure the recovery of illicit proceeds linked to flood control project anomalies.

Source: Philippine Star March 25, 2026 13:12 UTC