Marcos blacklists SYMS Construction for ghost flood project
President Ferdinand 'Bongbong' Marcos Jr. announced Wednesday that SYMS Construction Trading will be blacklisted from government contracts over its alleged involvement in a ghost flood project in Baliwag, Bulacan.
Marcos stated that the company would face charges under the Revised Penal Code and Republic Act 3019 for their actions.
The President also promised to investigate other projects undertaken by SYMS Construction Trading.
Officials involved in the anomalous project will be suspended and charged with anti-graft violations and malversation of public funds.
Marcos expressed anger over such falsified flood control projects, revealing that 20% of a P545 billion budget was awarded to just 15 contractors without SYMS Construction Trading on the list.
The President encouraged the public to report any corrupt flood control projects through the sumbongsapangulo.ph website.
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