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

Courtroom scene illustrating Sandiganbayan's arrest warrant for Zaldy Co over corrupt flood project in Oriental Mindoro.
صورة مولدة بواسطة الذكاء الاصطناعي

Sandiganbayan يصدر أمر اعتقال ضد Zaldy Co

من إعداد الذكاء الاصطناعي صورة مولدة بواسطة الذكاء الاصطناعي

أصدرت محكمة Sandiganbayan أمر اعتقال وأمر منع مغادرة ضد المشرع السابق Zaldy Co و17 آخرين بسبب مشروع غير قانوني للسيطرة على الفيضانات في Oriental Mindoro. أمر الرئيس Ferdinand Marcos Jr. السلطات بتنفيذه فوراً دون معاملة خاصة. Co، الذي غادر الفلبين في أغسطس، مستعد للعودة تحت الإقامة الجبرية أو الكفالة بسبب مخاوف أمنية.

The Sandiganbayan has upheld its denial of bail for nine co-accused of fugitive lawmaker Zaldy Co in the Oriental Mindoro flood control malversation case, rejecting their motion for reconsideration in a 27-page resolution.

من إعداد الذكاء الاصطناعي

The Department of Justice has included a plunder complaint against fugitive former lawmaker Zaldy Co in its preliminary investigation into corruption allegations tied to flood control projects in Bulacan. DOJ spokesperson Polo Martinez stated that no counsel appeared for Co, giving him until January 15 to submit a counter-affidavit. The probe also covers former Senator Bong Revilla and Senator Joel Villanueva, both denying involvement in the anomalous projects.

أمر الرئيس فيرديناند ماركوس جونيور وزارة الأشغال العامة والطرق واللجنة المستقلة للبنية التحتية بتسليم جميع الأدلة من تحقيقهما في مشاريع مكافحة الفيضانات الشاذة إلى المفتش العام. ويأتي ذلك مع توصية الجهات باتخاذ إجراءات النهب والرشوة والفساد ضد المتحدث السابق باسم مجلس النواب مارتن روموالديز والنائب السابق زالدي كو. وسيتخذ المفتش العام قراره بناءً على أدلة من العقود وشهادات الشهود.

من إعداد الذكاء الاصطناعي

Authorities seized eight luxury vehicles linked to former Rep. Elizaldy Co from a condominium parking area in Bonifacio Global City, Taguig, on Thursday night, January 8. The action followed a court-issued search warrant due to missing import documentation and unpaid duties, as flagged by the Bureau of Customs. The vehicles, including a Rolls Royce and Escalade, were registered under companies and individuals connected to Co.

The Department of Justice announced that three flood control cases against SYMS Construction Trading and former DPWH officials have been transferred to Quezon City Regional Trial Court branches. DOJ spokesperson Polo Martinez said the cases were originally filed in Bulacan courts in January and February. Pre-trial hearings are set for April.

من إعداد الذكاء الاصطناعي

Following the January 8 seizure of eight luxury vehicles from a Bonifacio Global City condominium, the Independent Commission for Infrastructure (ICI) and Bureau of Customs (BOC) denied claims of forcibly taking keys to 34 cars linked to former Rep. Elizaldy 'Zaldy' Co. Officials emphasized that all actions followed legal procedures amid probes into flood control project irregularities.

 

 

 

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