AMLC: Zaldy Co got P802-M deposits from Sunwest in malversation case

In the ongoing malversation case against former lawmaker Zaldy Co over anomalous flood control contracts involving Sunwest Incorporated, the prosecution wrapped up its presentation on April 7, 2026, at the Sandiganbayan with Anti-Money Laundering Council (AMLC) testimony revealing P802 million in bank deposits to Co from Sunwest—evidence tying him as its beneficial owner.

The testimony before the Sandiganbayan anti-graft court in Manila bolsters prosecutors' claims of Co's role in the disputed contracts, which previously led to arrest warrants for him and 17 others in November 2025 over a P289.5-million project in Oriental Mindoro.

Rappler's Jairo Bolledo reported from the court. Co's camp has not immediately responded to this development.

This is part of ongoing coverage of the Zaldy Co-Sunwest flood control case.

مقالات ذات صلة

Senator Jinggoy Estrada posting bail in a graft case linked to flood control projects.
صورة مولدة بواسطة الذكاء الاصطناعي

Estrada posts bail in flood control graft case

من إعداد الذكاء الاصطناعي صورة مولدة بواسطة الذكاء الاصطناعي

Senator Jinggoy Estrada posted bail on May 29 after an arrest warrant was issued in a graft case linked to flood control projects. The Sandiganbayan Second Division set the amount at P90,000. Hearings on the scandal are set to resume on June 4.

The Anti-Money Laundering Council (AMLC) has filed 12 civil forfeiture petitions with the Regional Trial Court over alleged anomalies in flood control projects. This marks a sharp increase from the initial three cases disclosed last month, with the court issuing 11 provisional asset preservation orders. The AMLC plans to file more petitions in the coming days.

من إعداد الذكاء الاصطناعي

The 18 alleged bagmen of former lawmaker Zaldy Co stood by their claims that Senators Mark Villar and Francis Escudero received suitcases of dirty money.

The Sandiganbayan ordered the arrest of Senator Rodante Marcoleta on July 6 over an alleged P75 million undeclared campaign donation. The Department of Justice clarified that plunder cases can involve private funds.

من إعداد الذكاء الاصطناعي

Manila 3rd District Rep. Joel Chua said Anti-Money Laundering Council (AMLC) official records raise serious questions about Vice President Sara Duterte's true financial standing. He described her as a billionaire based on these government documents previously beyond public scrutiny. Chua questioned the sources of these funds and their regular receipt.

The Office of the Ombudsman filed a non-bailable plunder case on Friday against Senator Rodante Marcoleta and three co-accused over P75 million in campaign donations.

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