Philstar
P2.5 billion in corrupted funds can be recovered from 12 projects, Dizon says
Department of Public Works and Highways (DPWH) Secretary Vince Dizon stated that P2.5 billion in assets may be recovered from contractors involved in alleged bid-rigging for flood control projects.
This estimate is based on the initial 12 projects investigated by the DPWH.
The DPWH has filed 12 cases before the Philippine Competition Commission (PCC) regarding these anomalous projects.
The PCC is the government agency tasked with fighting anti-competitive practices in the bidding process, including alleged collusion between officials and contractors.
Cases filed with the PCC involve St. Timothy Construction Corp., owned by the Discaya family; Sunwest, Inc., linked to resigned House lawmaker Zaldy Co.; Wawao Builders; IM Construction Corp.; and SYMS Construction Trading.
The first case also implicates DPWH Bulacan 1st District Engineering Office personnel, and the second case involves officials and employees of the DPWH Regional Office IV-B.
Topics in this story
Explore more stories about these topics.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
