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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Recent developments on Anti-Money Laundering Council

Wed, October 29, 2025 at 11:10 AM

CAAP monitors 10 aircraft worth P5 billion linked to ex-Rep Co

The Civil Aviation Authority of the Philippines (CAAP) is monitoring 10 aircraft worth nearly P5 billion linked to resigned Ako Bicol party-list Representative Elizaldy “Zaldy” Co that remain in the country.

Fri, October 24, 2025 at 9:48 AM

Rep. Pleyto denies receiving funds from govt contractors

Bulacan Sixth District Representative Salvador Pleyto has vehemently denied allegations that he received financial "remittances" from government contractors Sarah and Curlee Discaya before his election to Congress.

Thu, October 23, 2025 at 6:15 PM

Benguet Rep Eric Yap eyed in P276M anomalous flood control projects

Ombudsman Jesus Crispin Remulla has identified Benguet Representative Eric Yap as a "person of interest" in connection with anomalous flood control projects.

Thu, October 23, 2025 at 5:29 PM

DPWH files charges vs 20+ execs, contractors over anomalous flood control projects

The Department of Public Works and Highways (DPWH) has filed malversation and graft charges against over 20 officials, mostly DPWH engineers, and contractors for anomalous flood control projects in La Union and Davao Occidental.

Thu, October 23, 2025 at 11:49 AM

AMLC freezes P5.2 billion in assets linked to flood control project probe

The Anti-Money Laundering Council (AMLC) has frozen P5.2 billion in assets linked to an investigation into anomalous flood control projects.

Mon, October 20, 2025 at 1:43 PM

VP Sara Duterte pushes digitalization to fight corruption

Vice President Sara Duterte highlighted digitalization as a key strategy against corruption, stating that increased investment in technology is crucial for good governance and nation-building.

Thu, October 16, 2025 at 3:03 PM

ICI seeks forfeiture of P5 billion in assets linked to flood control anomalies

The Independent Commission for Infrastructure (ICI) is seeking the forfeiture of approximately P5 billion in assets frozen by the Anti-Money Laundering Council (AMLC) in connection with flood control anomalies.

Tue, October 14, 2025 at 4:59 PM

Ombudsman obtains bank records in flood control corruption probe

The Ombudsman announced that government prosecutors have obtained bank records as crucial evidence in a significant case involving alleged corruption in flood control projects.

Fri, October 10, 2025 at 5:32 PM

AMLC obtains 6th freeze order for P4.67B in flood control corruption probe

The Anti-Money Laundering Council (AMLC) has obtained its sixth freeze order from the Court of Appeals, targeting assets linked to the ongoing investigation into alleged corruption in flood control projects.

Wed, October 8, 2025 at 2:23 PM

SEC chair apologizes for fictitious P1.7T market loss claim

House infrastructure committee chair and Bicol Saro Rep. Terry Ridon questioned SEC Chair Francis Lim's claim that the Philippine stock market lost P1.7 trillion.