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Ex-Rep. Zaldy Co accuses Pres. Marcos’ son of P50B worth of budget insertions
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.
Co detailed the alleged insertions as P9.636 billion in the 2023 budget, P20.174 billion in 2024, and P21.127 billion in 2025.
He claimed that Marcos consistently provides instructions for project insertions during the bicameral conference committee budget process each year.
Contractors had allegedly made advance payments to secure government contracts, necessitating the return of funds.
Marcos disputed Co's allegations, branding them as part of a destabilization attempt and referring to Co's statements as 'fantastical as they are false'.
Co's whereabouts are currently unknown as he faces an arrest warrant over a flood control corruption scam in Oriental Mindoro.
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See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
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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Lawmakers from the Makabayan bloc believe it is premature to clear President Ferdinand Marcos Jr. of any involvement in the P100 billion budget insertion for 2025 without a thorough investigation.
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Davao Representative Paolo Duterte urged the House of Representatives to investigate allegations of a P100 billion insertion into the 2025 national budget, based on claims by former Representative Elizaldy Co.
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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 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.
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