Zaldy Co confirms P100-B budget insertion, points to Marcos and Romualdez directives
Former lawmaker Elizaldy Co admitted to inserting P100 billion into the national budget, citing orders from President Ferdinand Marcos Jr. and former House Speaker Martin Romualdez. Co claims he is being scapegoated in the government’s anti-corruption efforts and accuses budget officials of involvement. Allegations of receiving kickbacks from flood control projects also surface, intensifying scrutiny on the handling of public funds. The incident prompts calls for investigations to ensure transparency and accountability in government spending.