Flood Control Probe

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Monday, 10 November 2025
4 days ago

Business groups press Ombudsman on ‘secret reversal’ claim

The alleged reversal, reportedly made by former Ombudsman Samuel Martires without public disclosure, “contravenes the constitutional mandate of transparency,” according to the statement. The groups warned that keeping such actions secret undermines public confidence in the justice system.
5 days ago

INSIDER INSIGHT: Luxury goes quiet as gov’t execs, nepo babies face corruption heat

Luxury spending in the Philippines is entering a quieter era as a national corruption crackdown pushes even the flashiest buyers to lie low.
6 days ago

‘Act before the negative narrative gets worse’: Experts warn of confidence crisis as stock market pain deepens

Philippine stocks extended their slide, nearing recent lows as foreign funds pulled out and confidence wavers amid corruption probes, soft growth signals, and mounting market unease.
9 Oct 2025
6:02PM

SEC’s Francis Lim retracts P1.7-T market loss claim

Securities and Exchange Commission (SEC) chair Francis Lim has retracted a key portion of his October 7 FINEX speech after discovering that the report he cited on a supposed P1.7-trillion market value loss was fictitious.
6 Oct 2025
8:13PM

PSE index falls over 100 points; bourse CEO Monzon warns corruption probe could deepen losses

The Philippine Stock Exchange index fell over 100 points on Monday, deepening its slide since the start of the year amid jitters over the government’s widening anti-corruption probe hit market sentiment.
3 Oct 2025
2:33PM

PH antimonopoly body probes flood control bid-rigging; firms face fines up to P275M each

Firms found to be colluding on flood control bids could each face fines of up to P275 million under the Philippine Competition Act, the country’s antitrust regulator warned.
25 Sep 2025
9:21AM

Revilla denies links to Discaya couple amid viral photo online

Former Senator Ramon “Bong” Revilla Jr. has denied knowing Curlee and Sarah Discaya after a photograph of them together spread on social media, according to a statement released by his legal counsel DivinaLaw.
24 Sep 2025
6:47PM

Zaldy Co’s prized Gulfstream, choppers slip out of PH before asset freeze

Investigators probing the flood control corruption scandal say their biggest find yet is a luxury fleet linked to Congressman Zaldy Co, though several of the aircraft have already flown beyond the reach of Philippine authorities, an insider said.
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