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Zaldy Co alleges P1B delivery to Marcos on Romualdez's directive
Former Ako Bicol Rep. Zaldy Co alleged that former Speaker Martin Romualdez directed him to collect P2 billion monthly, intended for President Ferdinand "Bongbong" Marcos Jr. and Romualdez.
Co claimed his role was to confirm fund deliveries to Romualdez, detailing alleged coordination with DPWH officials.
In a video, Co alleged he personally delivered P1 billion in cash to Justice Undersecretary Jose Cadiz Jr., identified as Marcos' bagman, in early December 2024 for delivery to Marcos' residence, based on Romualdez's directive.
Co stated these deliveries followed Cadiz informing him and Romualdez that Marcos was unhappy about not receiving cuts from DPWH projects.
President Marcos questioned Co's statement and challenged him to return to the Philippines to face his cases.
Makabayan bloc lawmakers have called for an urgent investigation into Co's detailed allegations.
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President Ferdinand Marcos Jr. has urged Zaldy Co, who is currently abroad, to return to the Philippines and face his charges, stating his claims lack credibility without proof.
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Senate President Pro Tempore Panfilo Lacson confirmed that P100 billion was inserted into the 2025 General Appropriations Act, with P81 billion allocated to the Department of Public Works and Highways and P19 billion to other agencies.
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Former Ako Bicol party-list representative Zaldy Co challenged Ombudsman Jesus Crispin Remulla to investigate President Ferdinand Marcos Jr. and former Speaker Martin Romualdez regarding an alleged P100 billion insertion in the 2025 national budget.
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Former Ako Bicol party-list Rep. Elizaldy Co accused presidential son and Ilocos Norte Rep. Sandro Marcos of orchestrating P50.9 billion worth of project insertions into the national budget between 2023 and 2025.
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House Majority Leader Ferdinand Alexander Marcos refuted claims by fugitive former Ako Bicol party-list Rep. Elizaldy Co, calling them "fantastical as they are false."
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