Arthur Fuentes

Philippine peso bills. Gigie Cruz, ABS-CBN News

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PH PESO

Dennis Gasgonia

ABS-CBN News

MANILA -- The Anti-Money Laundering Council (AMLC) secured another freeze order from the Court of Appeals, expanding the investigation&#x27;s reach, targeting more assets linked to alleged irregularities in flood control spending.The fourth freeze order was issued on Friday, October 3, 2025. It covers 57 bank accounts, 10 real properties, and 9 motor vehicles under AMLC&#x27;s watch.<div><a href="https://www.abs-cbn.com/news/nation/2025/9/30/amlc-secures-3rd-freeze-order-for-assets-tied-to-flood-control-controversy-2131">AMLC secures 3rd freeze order for assets tied to flood control controversy</a></div>Prior freeze orders have already led to the immobilization of assets valued at over P4 billion — a figure expected to rise as the inquiry deepens.AMLC said the Court of Appeals already has frozen a total of 1,620 bank accounts, 54 insurance policies, 163 motor vehicles, 40 real properties and 12 e-wallet accounts.Among the assets seized are high-value holdings such as a luxury compound in a prime urban district, multiple high-end vehicles, virtual currencies, and unit investment trust funds.<div><a href="https://www.abs-cbn.com/news/nation/2025/9/19/amlc-gets-new-freeze-order-on-592-bank-accounts-linked-to-anomalous-flood-control-projects-2231">AMLC gets new freeze order on 592 bank accounts linked to anomalous flood control projects</a></div>&quot;These freezes are real actions that stop corruption,&quot; said AMLC Executive Director Atty. Matthew M. David in a statement. &quot;Every peso frozen is a peso that cannot be used to sustain corruption.AMLC says it remains committed to tracing financial links to public sector anomalies.

The Anti-Money Laundering Council secured another freeze order on more assets linked to alleged irregularities in flood control spending.

The Anti-Money Laundering Council secured another freeze order on more assets linked to alleged irregularities in flood control spending.

AMLC secures new freeze order on more bank accounts, properties linked to flood control mess

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AMLC secures new freeze order on more bank accounts, properties linked to flood control mess

Dennis Gasgonia,

ABS-CBN News

Published Oct 03, 2025 06:34 PM PHT

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AMLC

Freeze order

Anomalous infrastructure projects

Court of Appeals

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