The Anti-Money Laundering Council (AMLC) has obtained its sixth freeze order from the Court of Appeals (CA), targeting 39 bank accounts and other assets linked to alleged irregularities in government flood control projects.
In a statement, the AMLC confirmed that the latest order, issued on October 10, covers 39 bank accounts, four insurance policies, and 59 real estate properties — including residential, commercial, and agricultural assets.
With this new order against the properties of an unnamed public official, the total value of frozen assets has now reached an estimated ₱4.67 billion since the first freeze order issued on September 16.
The total amount includes 1,671 bank accounts, 58 insurance policies, 163 motor vehicles, 99 real properties, and 12 e-wallet accounts.
The AMLC said it continues to coordinate closely with the Independent Commission for Infrastructure (ICI), the Office of the Ombudsman, the Bureau of Internal Revenue (BIR), and the National Bureau of Investigation (NBI) in the ongoing probe into alleged corruption and money laundering involving the implementation of flood control projects nationwide.