Philippines to freeze 135 bank accounts in graft crackdown


- Photo: AFP

MANILA: A Philippine court has ordered to freeze 135 bank accounts linked to allegedly graft-ridden flood control projects as President Ferdinand Marcos Jr. vowed to fight corruption in infrastructure projects.

"Preliminary findings point to a possible money laundering scheme involving public funds intended to fund flood control initiatives,” Anti-Money Laundering Council Executive Director Matthew David said in a briefing on Tuesday (Sept 16).

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