Dennis Gasgonia

Article (news)

ABS-CBN News

MANILA - Former House Speaker and Leyte Rep. Martin Romualdez has denied the allegations made by former Ako Bicol Party Rep. Zaldy Co tagging him in the P100 billion insertion in the national budget. &quot;My conscience remains clear. Throughout this inquiry, no public official, contractor, or witness has pointed to any wrongdoing on my part,&quot; Romualdez said in a statement.He said Co&#x27;s statements that came out via social media, do not hold water in court.<div><a href="https://www.abs-cbn.com/news/nation/2025/11/15/zaldy-co-senate-ombudsman-should-probe-romualdez-and-marcos-over-alleged-p100-b-insertion-1249">Zaldy Co: Senate, Ombudsman should probe Romualdez and Marcos over alleged P100-B ‘insertion’ </a> </div>&quot;I do not wish to comment on the recent statements and allegations made by former Rep. Zaldy Co because these were not made under oath and do not hold water in the court of law,&quot; he said.Romualdez said he will cooperate with the probe being conducted by the Independent Commission for Infrastructure on the anomalous flood control projects.&quot;I continue to trust the ICI, the DOJ, and the Ombudsman to evaluate all statements fairly and strictly on the basis of evidence,&quot; he said. &quot;I remain ready to cooperate with any lawful process and I am confident that the truth will emerge through the proper institutions.&quot;Co earlier called on the Senate and the Office of the Ombudsman to investigate former Romualdez and President Ferdinand Marcos, Jr. over an alleged P100 billion “insertion” in the 2025 national budget.In the second part of his video statement, Co claimed he did not benefit from the supposed P100-billion allocation, saying that his security personnel kept records of the “deliveries” of suitcases allegedly filled with money.<div><a href="https://www.abs-cbn.com/news/nation/2025/11/13/sara-duterte-wants-marcos-jr-romualdez-charged-over-flood-control-scandal-1813">Sara Duterte wants Marcos Jr., Romualdez held accountable over flood control scandal </a> </div>‘Co said that after the approval of the 2025 General Appropriations Act, he inquired with the Department of Public Works and Highways about how much needed to be turned over to the Office of the President.“Sinagot sa akin ay 25 percent (They said 25 percent),” he said.

Former House Speaker and Leyte Rep. Martin Romualdez has denied the allegations made by former Ako Bicol Party Rep. Zaldy Co tagging him in the P100 billion insertion in the national budget.

Former House Speaker and Leyte Rep. Martin Romualdez has denied the allegations made by former Ako Bicol Party Rep. Zaldy Co tagging him in the P100 billion insertion in the national budget.

Romualdez says Co's allegations 'do not hold water in court'

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Romualdez says Co's allegations 'do not hold water in court'

Dennis Gasgonia,

ABS-CBN News

Published November 15, 2025 05:50 PM PHT

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