The Anti-Money Laundering Council (AMLC) has taken a significant step in its ongoing investigation into alleged irregularities surrounding government flood control projects. The council has successfully secured a total of 15 freeze orders, covering assets with a staggering combined value of P22.869 billion. This action aims to prevent the potential dissipation of assets linked to individuals and entities under scrutiny for possible misuse of public funds designated for flood mitigation and control programs across the Philippines.
Scope of the Frozen Assets
The freeze orders target a diverse portfolio of assets believed to be connected to the probe. The breakdown of the frozen assets is as follows:
- P14 billion from 6,692 bank accounts
- P4.8 billion worth of 10 air assets, which include aircraft
- P2.1 billion from 161 real estate properties
- P902.1 million from other various investments
- P490 million across 394 insurance accounts
- P445.2 million from 229 motor vehicles
- P400,639 from 16 e-wallet accounts
Legal and Investigative Context
The issuance of these freeze orders is viewed as a critical and necessary measure to safeguard assets while the comprehensive investigation continues. By preventing the movement or liquidation of these assets, the AMLC ensures that they remain available for potential recovery if wrongdoing is proven. This move underscores the government's commitment to transparency and accountability in the use of public funds, particularly for essential infrastructure like flood control projects, which are vital for community safety and disaster resilience.
In a related development, the AMLC had previously secured its sixth freeze order from the Court of Appeals on October 10, 2025, targeting assets of individuals allegedly involved in irregularities. The council is now focusing on the next phase of the legal process, with plans to file a forfeiture case aimed at the permanent return of these assets to the government. According to reports, the AMLC is eyeing to initiate this case within a six-month timeframe, highlighting the urgency and seriousness of the probe.
The investigation has drawn attention to specific projects, such as the PHP48-million Culiat Creek flood control project in Project 6, Quezon City, which was inspected by officials including Independent Commission for Infrastructure chair Andres Reyes and former Department of Public Works and Highways secretary Rogelio Singson on September 18. This scrutiny reflects broader concerns over the integrity of public spending in infrastructure, emphasizing the need for rigorous oversight to protect taxpayer money and ensure effective flood management systems for Filipino communities.
