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ICI speeding up asset recovery in for infrastructure scandal
The Independent Commission for Infrastructure (ICI) and 16 government agencies have finalized a framework for recovering assets illegally acquired using flood control funds.
ICI Chairman Andres B. Reyes, Jr. emphasized the importance of collaboration to reclaim public funds lost to corruption.
The newly established framework aims to streamline inter-agency coordination, information sharing, and legal procedures for asset recovery.
The government will invoke Republic Act No. 1379, the Forfeiture Law, to pursue civil cases against officials with unexplained wealth.
Operational guidelines for national asset recovery and accountability initiatives have also been outlined.
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The Independent Commission for Infrastructure (ICI) has recommended plunder and bribery charges against Senators Joel Villanueva and Jinggoy Estrada, former Ako Bicol party-list Representative Elizaldy "Zaldy" Co, former DPWH Undersecretary Roberto Bernardo, former COA Commissioner Mario Lipana, and former Caloocan Representative Mitch Cajayon-Uy.
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Disaster survivors and progressive groups protested at the Independent Commission for Infrastructure (ICI) to denounce alleged whitewashing and cover-ups in the agency's investigation into national infrastructure anomalies.
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The Anti-Money Laundering Council (AMLC) has frozen P5.2 billion in assets linked to an investigation into anomalous flood control projects.
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