ICI seeks P5B forfeiture from AMLC over flood control anomalies

The Independent Commission for Infrastructure (ICI) is pursuing the forfeiture of approximately P5 billion in assets frozen by the Anti-Money Laundering Council (AMLC) in connection with the flood control anomalies.

This action is part of a government-wide effort to expedite restitution concerning investigations into anomalous infrastructure projects.

ICI executive director Brian Keith Hosaka acknowledged that criminal charges might be lengthy due to due process requirements.

He emphasized that justice is better served through restitution, ensuring the return of public funds.

At least 18 government agencies have convened to establish a technical working group focused on efficiently recovering assets derived from stolen public funds.

The P4.6 billion to P5 billion estimate from AMLC covers assets linked to the flood control mess, according to Hosaka.

Public Works Secretary Vivencio B. Dizon said a review is under way for contracts awarded in the past decade, including those under the Duterte administration.

Special attention is being paid to deals involving Pacifico F. Discaya II and his wife Cezarah Rowena C. Discaya, contractors alleged to have orchestrated a large-scale flood control scam.