AMLC freezes P25-B assets in flood projects

2026-01-31 - 21:26

MANILA, Philippines — The Anti-Money Laundering Council (AMLC) has frozen nearly P25 billion in assets linked to alleged corruption in government-funded flood control projects, with the latest order targeting contractors connected to the scandal. In a statement, the council said the Court of Appeals on Jan. 30 issued a new directive to freeze a wide