No bail recommended: Ombudsman sues Zaldy Co for graft over flood control scandal The Office of the Ombudsman on Tuesday, November 18, filed graft and malversation cases against former Ako Bicol representative Zaldy Co. The anti-graft court Sandiganbayan is expected to raffle the case to its divisions on Wednesday, November 19. After assessment, the Sandiganbayan division may issue arrest warrants against Co. Apart from Co, Department of Public Works and Highways (DPWH) Mimaropa officials also f

#Business360 | Another twist in the flood control and 1MDB controversies — former House Speaker Martin Romualdez and the Maharlika Investment Corporation are denying alleged links to Patrick Mahony, the British-Swiss financier identified as a key player in the Malaysia 1MDB corruption scandal, a billion-dollar fraud that drained the Malaysian state fund and toppled a government. | Bilyonaryo News Channel

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