AMLC obtains 6th freeze order for P4.67B in flood control corruption probe

The Anti-Money Laundering Council (AMLC) has obtained its sixth freeze order from the Court of Appeals, targeting assets linked to the ongoing investigation into alleged corruption in flood control projects.

The latest freeze order, issued on October 10, 2025, covers 39 bank accounts, four insurance policies, and 59 real estate properties.

Several of the newly frozen assets are reportedly connected to a former high-ranking government official suspected of playing a key role in the procurement of questionable flood control contracts.

With this latest order, the total value of frozen assets has reached P4.67 billion, and the AMLC anticipates this amount will increase as the investigation progresses.

To date, the appellate court has frozen a total of 1,671 bank accounts, 58 insurance policies, 163 motor vehicles, 99 real properties, and 12 e-wallet accounts as part of this probe.