Topic

Anti-Money Laundering Council

AMLC
The Anti-Money Laundering Council (AMLC) has frozen over P5 billion in assets linked to corruption in flood control projects, targeting officials, contractors, and their associates involved in anomalous contracts. These actions are part of an ongoing investigation into financial misconduct, with the AMLC working alongside government agencies to recover stolen public funds. The probe has implicated several lawmakers and construction firms, highlighting concerns over misuse of infrastructure funds in the Philippines.
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This is an AI-generated summary based on recent coverage. It was last updated on Wed, October 29, 2025 at 2:09 PM

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