Navotas Rep. Toby Tiangco dismissed former Ako Bicol Rep. Elizaldy Co’s claims that President Ferdinand Marcos Jr. ordered P100 billion in 2025 budget insertions and received kickbacks, calling them “illogical.”
Tiangco argued that any presidential projects would have already been included in the National Expenditure Program (NEP) and noted that larger budget insertions by the House contradicted Co’s claim that only P50 billion could be accommodated.
He recounted a 2024 meeting where Marcos reportedly confronted former Speaker Martin Romualdez over alleged budget irregularities, reinforcing Tiangco’s view that any wrongdoing occurred between Romualdez and Co.
Tiangco suggested Co’s timing indicated an attempt to deflect accountability for receiving kickbacks and challenged him to release full documentation to substantiate his allegations.
He also emphasized that Co must return to the Philippines and formally testify under oath to face legal processes.
Source: PhilNews24 | November 16, 2025
TIANGCO DISMISSES ZALDY CO’S ALLEGATIONS AS “ILLOGICAL”
Latest from Politics
House Majority Leader Ferdinand Alexander Marcos has filed House Resolution No. 905, urging banks and financial
Former president and Pampanga Rep. Gloria Macapagal-Arroyo denied reports that she is seeking the ouster of
The government has expanded its value-added tax (VAT) exemption to more than 2,263 medicines, with cancer
Health Secretary Teodoro Herbosa said complaints filed against him over alleged expired medicines and vaccines are
The Senate has approved on third and final reading Senate Bill No. 1629, or the Multi-Faith