15 contractors get 20% of P545B flood control funds

President Ferdinand "Bongbong" Marcos Jr. highlighted issues with flood control projects, revealing that a small number of contractors have secured a significant portion of the allocated funds.

Specifically, 15 contractors cornered 20% of the P545 billion worth of flood control deals.

Marcos Jr. inspected the locations of some projects, finding some dikes with holes exposing steel bars and crumbling pieces.

Other flood control projects were "ghosts," meaning they were nowhere to be found at their supposed locations.

Flood control projects are structures designed to safeguard lives and properties from the devastating effects of floods.

These projects aim to increase river discharge capacity, protect flood-prone areas from overflow, and reduce peak flood discharges.

Furthermore, flood control structures are intended to prevent inland flooding, mitigate bank collapse and riverbed degradation, and prevent obstructions in river flow.