The AMLC expands its investigation into the anomalies concerning the flood control projects.
On 25 November 2025, it secured two (2) Freeze Orders against the assets of an incumbent high-ranking official from an independent constitutional body and a former elected government official.
The assets were determined to be linked to violations of Republic Act No. 3019,otherwise known as the “Anti-Graft and Corrupt Practices Act,” as well as “Malversation of Public Funds and Property” under Article 217 of the Revised Penal Code, as amended.
The Freeze Orders encompass 230 bank accounts, 15 insurance policies, two helicopters, and one airplane. The air assets alone are valued at approximately PHP 3.9 billion.
“The issuance of the freeze orders will enable AMLC to pursue a more extensive financial investigation to uncover any possible money laundering scheme linked to the flood control projects,” stated Executive Director Matthew M. David.
He further emphasized,”The public can be assured that the AMLC will continue to pursue all possible legal remedies to ensure that those involved in the misuse of public funds are held accountable.”
To date, 3,566 bank accounts, 198 insurance policies, 247 motor vehicles, 178 real properties, and 16 e-wallet accounts have been frozen due to their links to the anomalous flood control projects.
The total value of these assets has reached PHP 11.7 billion and is expected to rise further with the issuance of the recent Freeze Orders.
