Camille Naredo

Then-Independent Commission for Infrastructure (ICI) special adviser and Baguio City Mayor Benjamin Magalong, together with Department of Public Works and Highways (DPWH) Secretary Vince Dizon, conduct an on-site inspection of major infrastructure projects in Pampanga on Tuesday, September 23, 2025. Maria Tan, ABS-CBN News/File

Independent Commission for Infrastructure (ICI) special adviser and Baguio City Mayor Benjamin Magalong, together with Department of Public Works and Highways (DPWH) Secretary Vince Dizon, conduct an on-site inspection of major infrastructure projects in Pampanga on Tuesday, September 23, 2025. The officials checked the progress of the San Agustin Bridge in Camba and the Candating flood-control project in Arayat, both designed to improve mobility and strengthen the province’s disaster resilience against flooding.

Maria Tan, ABS-CBN News

Article (news)

FLOOD CONTROL PROBE

ABS-CBN News

<div><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/175923741609620250923-flood-cointrol-pampanga-ici-MT5 (1).jpg" style="width:960px" class="fr-fic fr-dib" alt="Then-Independent Commission for Infrastructure (ICI) special adviser and Baguio City Mayor Benjamin Magalong, together with Department of Public Works and Highways (DPWH) Secretary Vince Dizon, conduct an on-site inspection of major infrastructure projects in Pampanga on Tuesday, September 23, 2025. Maria Tan, ABS-CBN News/File"/>Then-Independent Commission for Infrastructure (ICI) special adviser and Baguio City Mayor Benjamin Magalong, together with Department of Public Works and Highways (DPWH) Secretary Vince Dizon, conduct an on-site inspection of major infrastructure projects in Pampanga on Tuesday, September 23, 2025. Maria Tan, ABS-CBN News/File</div>MANILA -- The Anti-Money Laundering Council (AMLC) on Tuesday said it has secured its third freeze order from the Court of Appeals to expand its crackdown on suspected money laundering activities connected to the flood control project controversy.According to AMLC, the new freeze order covers a broad range of assets linked to individuals and entities subject to the ongoing investigations. Included in the frozen assets are 836 bank accounts, 12 e-wallets, 24 insurance policies, 81 motor vehicles and 12 real estate properties. AMLC also said this is the most extensive asset freeze since the probe began.&quot;By freezing a wide range of assets - such as bank accounts, e-wallets, vehicles, and properties - the AMLC is disrupting the financial channels used in corrupt activities,&quot; AMLC Executive Director Atty. Matthew David said.The latest freeze order follows two earlier directives, collectively freezing a total of 1,563 bank accounts, 54 insurance policies, 54 vehicles, 30 properties and 12 e-wallets.AMLC said the estimated total value of frozen assets is at P2.9 billion, which is expected to increase as the investigation continues.<div><a class="fr-strong fr-green" 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">READ: AMLC gets new freeze order on 592 bank accounts linked to anomalous flood control projects</a></div>

The Anti-Money Laundering Council (AMLC) on Tuesday said it has secured its third freeze order from the Court of Appeals to expand its crackdown on suspected money laundering activities connected to the flood control project controversy.

The Anti-Money Laundering Council (AMLC) on Tuesday said it has secured its third freeze order from the Court of Appeals to expand its crackdown on suspected money laundering activities connected to the flood control project controversy.

AMLC secures 3rd freeze order for assets tied to flood control controversy

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AMLC secures 3rd freeze order for assets tied to flood control controversy

ABS-CBN News

Published Sep 30, 2025 09:31 PM PHT

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flood control projects

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Anti-Money Laundering Council

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