ABS-CBN
NBI serves search warrant on Zaldy Co’s Taguig condo units
National Bureau of Investigation (NBI) agents served a search warrant on the condominium units of former Ako Bicol Rep. Zaldy Co in Taguig City.
The search warrant, issued by the Regional Trial Court of Taguig, authorizes investigators to seize any evidence related to graft cases filed against Co in connection with an allegedly anomalous flood control project in Oriental Mindoro.
Unlike a previous inspection order, this new warrant allows NBI agents to forcibly open vaults and confiscate documents or cash potentially connected to the crimes.
Co and 16 others are facing malversation and graft charges before the Sandiganbayan related to a P289 million substandard road dike project in Oriental Mindoro.
The Sandiganbayan has tagged Zaldy Co and three Sunwest executives as fugitives from justice.
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