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P180B likely lost to ‘ghost’ projects since 2016, senator says
Senator Panfilo "Ping" Lacson estimates that approximately P180 billion has been lost to ghost flood control projects in the Philippines since 2016.
This estimate is based on extrapolating findings from 10,000 inspected projects, where around 600 were found to be nonexistent.
Lacson emphasized that this figure does not include losses from substandard projects.
The Senate Blue Ribbon Committee is investigating anomalous flood control projects.
The committee is ready to assist agencies like the Independent Commission for Infrastructure, Department of Justice, and Office of the Ombudsman in pursuing charges.
The investigation follows reports of lawmakers and public officials benefiting from infrastructure funds allocated since 2022.
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The Armed Forces of the Philippines (AFP) announced that 252 "ghost projects" were identified among the 10,000 infrastructure projects inspected nationwide.
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The Commission on Audit (COA) has flagged P297 million worth of flood control projects in Bulacan due to widespread irregularities, including "ghost" structures, unauthorized relocations, and documentation lapses.
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Former Pangasinan 4th District representative Christopher de Venecia has vehemently denied accusations of involvement in 'ghost' flood control projects within his district.
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