00:00President Ferdinand Marcos Jr. says he was quote not accusing anyone of anything yet but the initial
00:07findings of the flood control projects ordered during his fourth state of the nation address
00:11gave an idea how these have been conducted. From July 2022 to May 2025, the Marcos administration
00:18carried out 9,885 flood control projects worth a total of 5.45.64 billion pesos.
00:25The Department of Public Works and Highways says of this amount, 100 million, or around 20%, went to 15 contractors.
00:37SunWest, ranked 8th on the list, is a business group based in Albay and co-founded by Akubicol representative Zaldico.
00:44Rappler's research, published in March, showed that from 2016 to 2024, the company secured 38 billion pesos in projects,
00:5128 million pesos for roads and bridges, and 7 billion for flood control.
00:56Rappler reached out to Coscam for comment.
01:00SunWest sold Rappler in March, quote,
01:01The loans from SunWest Inc. to other companies are regular and arm's-length transactions
01:05that have nothing to do with the personal finances of a shareholder.
01:10Meantime, an election watchdog coalition Right to Know Right Now or R2KRN investigative report
01:15shows Sara Deskayo was the president, as of 2023, of Alpha and Omega General Contractor and Development Corporation.
01:22Securities and Exchange Commission documents also list Deskaya as a co-founder of St. Timothy Construction,
01:29but she said in April that she sold her shares in 2018.
01:33The two companies rank second and third on the list.
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