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  • 4 hours ago
Fugitive and former Ako Bicol representative Zaldy Co allegedly received a bank inflow of P802 million from contractor Sunwest. The Anti-Money Laundering Council says Co allegedly received the bank inflow through check deposits from Sunwest’s accounts from 2019 to 2025.

Full story: https://www.rappler.com/philippines/zaldy-co-millions-bank-deposits-sunwest-amlc-testimony/

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00:01Fugitive and former Ako Bicol representative Zaldi Ko allegedly received a bank inflow of 802 million pesos from contractor SunWest.
00:08Anti-Money Laundering Council financial investigator Janmark Busa says,
00:13Ko allegedly received the bank inflow through check deposits from SunWest's accounts from 2019 to 2025.
00:19The prosecution says this is enough to prove Ko is still SunWest's beneficial owner.
00:23The resigned lawmaker is among the founders of SunWest but claimed he already divested or left the company in 2019.
00:30A Rattler investigation in 2025 showed the former lawmaker is still the company's beneficial owner.
00:35Prosecutors earlier filed a petition with the Court of Appeals to issue a freeze and bank inquiry order against Ko's
00:40accounts.
00:41The petition has been granted by the CA.
00:43Former DPWH Undersecretary Roberto Bernardo on March 17 revealed he allegedly received kickbacks from Ko from 2023 to 2025 amounting
00:51to around 130 million pesos.
00:53Former Bulacan District Engineer Henry Alcantara also testified Ko sought infrastructure contracts in Bulacan.
00:59Ko is facing a malversation case pending before the Sandigan Bayan over a 289.4 million peso flood control project
01:05in Nauhan, Oriental, Mindoro.
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