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CA issues freeze order vs Yaps, firm linked to substandard La Union flood control project
The Court of Appeals (CA) has issued a freeze order against the bank accounts and assets of Benguet Rep. Eric Yap and ACT-CIS Rep. Edvic Yap.
The freeze order is connected to an investigation into alleged anomalous and substandard flood control projects, including one in La Union where "prop" pipes were used.
Companies allegedly linked to the Yap brothers, Silverwolves Construction Corp. and Sky Yard Aviation Corp., are also included in the freeze order.
The Ombudsman has identified Eric Yap as one of the beneficial owners of Silverwolves.
The Yaps reportedly accepted P70 million from the Discaya couple.
Silverwolves has had over P16 billion in transactions from 2022 to 2025, primarily linked to flood control projects by the Department of Public Works and Highways (DPWH).
A total of 289 bank accounts, 22 insurance policies, three securities accounts, and eight air assets linked to Sky Yard have been frozen.
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The Anti-Money Laundering Council (AMLC) has secured a freeze order on the assets of a construction firm identified as having the greatest number of "ghost" flood control projects.
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President Ferdinand Marcos Jr. ordered the Department of the Interior and Local Government (DILG) and the Philippine National Police (PNP) to track down contractor Sarah Discaya and others involved in a P100-million ghost flood control project in Davao Occidental.
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