AMLC freezes 1,193 bank accounts of contractors, congressmanOfficials of the Independent Commission for Infrastructure and the Department of Justice present to the media the P71 million surrendered to the government by individuals linked to alleged ghost flood control projects. MANILA, Philippines — The Anti-Money Laundering Council (AMLC) has widened its financial investigation into the controversial flood control projects, securing a new freeze order covering the bank accounts of major contractors and a member of the House of Representatives allegedly linked to the irregularities. The Court of Appeals on Thursday ordered the freezing of 1,193 bank accounts believed to be associated with the contractors and the lawmaker, whom a source told The STAR is Rep. Edwin Gardiola of the Construction Workers Solidarity party-list. The latest freeze order brings the total tally of restricted assets tied to the flood control probe to 6,538 bank accounts, 367 insurance policies, 255 motor vehicles, 178 real properties, 16 e-wallet accounts and three securities accounts. Zaldy’s assetsWith former Ako Bicol party-list representative Zaldy Co in hiding, the government is targeting the seizure of his assets.

Source: Philippine Star December 19, 2025 18:25 UTC