The Anti-Money Laundering Council has filed three civil forfeiture cases targeting assets linked to individuals and entities involved in alleged anomalous flood control projects.
The petitions were filed before the Regional Trial Court of Manila and cover properties previously frozen by the Court of Appeals, with provisional asset preservation orders issued to prevent dissipation.
The AMLC said the investigation is one of the most complex in recent history, involving thousands of accounts, multiple layers of transactions, and extensive financial documentation.
The council emphasized careful verification of evidence to ensure cases are robust and can withstand judicial scrutiny.
As of January 2026, the assets frozen in connection with the scandal have reached P24.7 billion, with additional forfeiture petitions expected to recover more illicit proceeds.
Source: PhilNews24 | March 26, 2026
