By Erika Mae P. Sinaking and Chloe Mari A. Hufana The anti‑graft court has upheld its earlier decision denying bail to former officials of the Department of PublicBy Erika Mae P. Sinaking and Chloe Mari A. Hufana The anti‑graft court has upheld its earlier decision denying bail to former officials of the Department of Public

Court affirms bail denial for ex‑DPWH officials

2026/04/01 18:00
Okuma süresi: 4 dk
Bu içerikle ilgili geri bildirim veya endişeleriniz için lütfen crypto.news@mexc.com üzerinden bizimle iletişime geçin.

By Erika Mae P. Sinaking and Chloe Mari A. Hufana

The anti‑graft court has upheld its earlier decision denying bail to former officials of the Department of Public Works and Highways (DPWH) and their co‑accused in a malversation case linked to the flood-control scam.

In a 27‑page resolution dated March 31, the Sandiganbayan Sixth Division said prosecutors presented strong evidence of guilt against the accused.

The case involves a P289‑million flood control project in Naujan, Oriental Mindoro. Charges were filed by the Office of the Ombudsman in November last year following an audit and fact‑finding report by the Independent Commission for Infrastructure (ICI).

Among those charged were nine former DPWH officials and ex-Party-list Rep. Elizaldy S. Co. Prosecutors allege that he conspired with government personnel and representatives of a private contractor to facilitate the release of public funds despite deficiencies in the project.

In their bid for bail, the accused argued that their roles in the project were merely ministerial and that they acted in good faith. The court rejected the claim, ruling that their signatures on disbursement vouchers and certification documents were essential to the release of funds.

The court said approving officers are duty‑bound to verify the legality, authenticity and regularity of transactions before endorsing disbursements.

“The rest of the accused’s arguments are merely a substantial reiteration or rehash of their previous arguments,” the court said in the resolution written by Associate Justice Sarah Jane T. Fernandez.

The court said it had already addressed those issues in an earlier ruling and found them to be without merit. The division stressed that its ruling should not be construed as a finding of guilt.

“The court reiterates that the ruling is not a prejudgment of the guilt of the accused,” it said. “The court merely determined the weight of evidence for purposes of bail.”

Meanwhile, Malacañang said an executive order might no longer be necessary to dissolve President Ferdinand R. Marcos, Jr.’s task force probing infrastructure anomalies, as its work ended on March 31.

Palace Press Officer Clarissa A. Castro said the ICI has effectively been dissolved after completing its mandate.

“It no longer has a mandate or any functions to perform,” she told DZMM radio in Filipino. She added that the matter would still be referred to the Office of the Executive Secretary to determine whether further action is needed.

Mr. Marcos created the ICI through Executive Order No. 94 in September 2025 months after he exposed flood-control scams in his annual address to Congress.

The body served as a fact‑finding commission tasked with gathering documents, testimonies and other evidence related to infrastructure projects, including flood-control works.

It had no prosecutorial powers and instead referred its findings to agencies such as the Department of Justice and the Office of the Ombudsman.

In February, the commission submitted an accomplishment report to Malacañang. From Sept. 15, 2025 to Jan. 18, 2026, it made nine referrals to the Ombudsman, conducted 32 hearings and 16 site inspections, reviewed 1,173 documents and issued 160 investigative communications.

Over the same period, authorities froze 6,692 bank accounts and secured about P24.7 billion in assets through preservation, seizure or voluntary surrender.

Despite the scale of the investigation, no senior officials implicated in the scandal have been jailed.

Mr. Co who used to head the committee on appropriations, is a fugitive following the issuance of arrest warrants by the Sandiganbayan. He has denied wrongdoing.

Former Speaker Ferdinand Martin G. Romualdez, President Marcos’ cousin, was also implicated in the controversy but remains a sitting district representative. He has likewise denied the allegations.

The flood-control scandal dominated the latter half of 2025, dampening economic activity as tighter government spending and waning public confidence weighed on growth.

Analysts said the absence of high‑level convictions has reinforced concerns over accountability in a system dominated by political dynasties. Authorities, however, maintain that cases are still being built and prosecutions continue.

Piyasa Fırsatı
PUBLIC Logosu
PUBLIC Fiyatı(PUBLIC)
$0.01541
$0.01541$0.01541
-0.32%
USD
PUBLIC (PUBLIC) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen crypto.news@mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

New Hampshire to Issue $100M Bitcoin-Backed Bond With Speculative Moody’s Rating

New Hampshire to Issue $100M Bitcoin-Backed Bond With Speculative Moody’s Rating

The post New Hampshire to Issue $100M Bitcoin-Backed Bond With Speculative Moody’s Rating appeared on BitcoinEthereumNews.com. The New Hampshire Business Finance
Paylaş
BitcoinEthereumNews2026/04/02 00:21
Edges higher ahead of BoC-Fed policy outcome

Edges higher ahead of BoC-Fed policy outcome

The post Edges higher ahead of BoC-Fed policy outcome appeared on BitcoinEthereumNews.com. USD/CAD gains marginally to near 1.3760 ahead of monetary policy announcements by the Fed and the BoC. Both the Fed and the BoC are expected to lower interest rates. USD/CAD forms a Head and Shoulder chart pattern. The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ahead of monetary policy outcomes by the Bank of Canada (BoC) and the Federal Reserve (Fed) during New York trading hours. Both the BoC and the Fed are expected to cut interest rates amid mounting labor market conditions in their respective economies. Inflationary pressures in the Canadian economy have cooled down, emerging as another reason behind the BoC’s dovish expectations. However, the Fed is expected to start the monetary-easing campaign despite the United States (US) inflation remaining higher. Investors will closely monitor press conferences from both Fed Chair Jerome Powell and BoC Governor Tiff Macklem to get cues about whether there will be more interest rate cuts in the remainder of the year. According to analysts from Barclays, the Fed’s latest median projections for interest rates are likely to call for three interest rate cuts by 2025. Ahead of the Fed’s monetary policy, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto Tuesday’s losses near 96.60. USD/CAD forms a Head and Shoulder chart pattern, which indicates a bearish reversal. The neckline of the above-mentioned chart pattern is plotted near 1.3715. The near-term trend of the pair remains bearish as it stays below the 20-day Exponential Moving Average (EMA), which trades around 1.3800. The 14-day Relative Strength Index (RSI) slides to near 40.00. A fresh bearish momentum would emerge if the RSI falls below that level. Going forward, the asset could slide towards the round level of…
Paylaş
BitcoinEthereumNews2025/09/18 01:23
Bitcoin at Crucial Pivot Point, Here's Why Fed Can Tilt Balance

Bitcoin at Crucial Pivot Point, Here's Why Fed Can Tilt Balance

Bitcoin volatility might peak as market awaits major FOMC rate cut decision
Paylaş
Coinstats2025/09/17 23:28

Trade GOLD, Share 1,000,000 USDT

Trade GOLD, Share 1,000,000 USDTTrade GOLD, Share 1,000,000 USDT

0 fees, up to 1,000x leverage, deep liquidity