MANILA, Philippines — The Anti-Money Laundering Council (AMLC) has obtained its sixth freeze order in connection with the government’s probe into irregular flood control projects, focusing on a former senior official allegedly at the center of the scheme.
According to the AMLC, a total of 2,003 assets worth about P4.67 billion have been frozen. These include bank accounts, insurance policies, and real estate properties believed to be linked to illicit activities.
The Council emphasized that the freeze order is meant to preserve assets suspected to have been acquired through unlawful means while ensuring accountability for the alleged misuse of public funds.
While the AMLC has not identified the former official under investigation, authorities confirmed that the probe continues to expand as they uncover additional irregularities tied to the scheme.
Officials urged the public to report any information that could assist in the inquiry. The Council also indicated that further legal actions may follow as part of the government’s ongoing campaign to strengthen financial oversight and protect taxpayer funds.