ABS-CBN
Zaldy Co had P4.1-B net worth when he entered the House in 2019 — lawyer
Former Ako Bicol party-list Representative Elizaldy “Zaldy” Co had a net worth of P4.1 billion when he entered the House of Representatives in 2019, according to his lawyer Ruy Rondain.
Rondain stated that Co's net worth has since increased to approximately P5 billion, though he did not present a copy of the 2019 SALN.
Co is currently under investigation for alleged irregularities in a P289.5-million flood control project.
The Independent Commission for Infrastructure (ICI) recommended that the Office of the Ombudsman file charges against 18 public officials, including Co, for the project.
Rondain also clarified that Co does not personally own any aircraft, stating that any aircraft related to him are owned by Misibis Aviation and Development Corp., in which Co owns stock.
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