Topic

SYMS Construction Trading

SYMS Construction Trading is a Bulacan-based contractor implicated in multiple fraud and tax evasion cases involving non-existent flood control projects, with officials and executives accused of colluding with former DPWH engineers to misappropriate public funds. The company has been flagged by the Commission on Audit and the Bureau of Internal Revenue for allegedly receiving payments for projects that were never constructed. Investigations are ongoing, with potential penalties including fines and imprisonment for those found guilty.

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This is an AI-generated summary based on recent coverage. It was last updated on Thu, November 27, 2025 at 2:10 PM

Latest Stories

Recent developments on SYMS Construction Trading

Thu, November 27, 2025 at 10:25 AM

BIR files P13.8M tax evasion raps vs 2 Bulacan contractors

The Bureau of Internal Revenue (BIR) has filed tax evasion complaints with the Department of Justice against two Bulacan-based contractors, SYMS Construction Trading and IM Construction Corporation.

Tue, November 18, 2025 at 5:35 PM

PCC refers Bulacan flood control bid-rigging findings to DOJ

The Philippine Competition Commission (PCC) has referred its initial findings of bid-rigging in flood control projects in Bulacan to the Department of Justice (DOJ).

Wed, November 12, 2025 at 10:26 AM

COA flags P334M flood control projects in Bulacan for fraud

State auditors from the Commission on Audit (COA) have flagged four flood control projects in Bulacan amounting to P334 million due to systemic irregularities.

Fri, October 24, 2025 at 4:29 PM

COA flags P309M Bulacan flood control projects for irregularities

The Commission on Audit (COA) flagged P309 million worth of flood control projects in Bulacan for irregularities such as mismatched sites, ghost projects, and substandard materials.

Mon, October 20, 2025 at 6:08 PM

DPWH eyes P2.5B recovery from contractors in bid-rigging probe

Department of Public Works and Highways (DPWH) Secretary Vince Dizon stated that P2.5 billion in assets may be recovered from contractors involved in alleged bid-rigging for flood control projects.

Mon, October 20, 2025 at 11:17 AM

Sandiganbayan drafting new rules to speed up flood control anomaly cases

The Sandiganbayan is currently drafting new rules to expedite the filing of criminal cases and clear old dockets.

Tue, October 14, 2025 at 12:24 PM

DOJ refers 5 anomalous Bulacan flood control projects to Ombudsman

The Department of Justice (DOJ) has referred its findings on five alleged anomalous flood control projects in Bulacan to the Office of the Ombudsman.

Fri, October 3, 2025 at 8:54 AM

DPWH files 12 cases vs 5 contractors, ex-officials over bid rigging

The Department of Public Works and Highways (DPWH) has filed twelve cases of bid manipulation and rigging before the Philippine Competition Commission (PCC) against five contractors and former officials of the Bulacan First District Engineering Office.

Thu, October 2, 2025 at 3:50 PM

COA flags P351M in non-existent, substandard Bulacan flood control projects

The Commission on Audit (COA) has flagged P351 million in flood control projects in Bulacan for being non-existent or substandard, according to four new fraud audit reports.

Mon, September 29, 2025 at 12:02 PM

Landbank denies wrongdoing in DPWH fund release

Land Bank of the Philippines (Landbank) has asserted that its transactions concerning Department of Public Works and Highways (DPWH) flood control projects are legitimate and fully compliant with banking laws and regulations.