Malacañang said investors are closely monitoring the government’s intensified campaign against corruption, particularly involving flood control projects, as this is seen as crucial to rebuilding trust in the Philippine business environment.
Communications Undersecretary and Palace Press Officer Claire Castro said the administration is firm in addressing corruption and the misuse of public funds, noting that several suspects linked to alleged irregularities in flood control projects have already been arrested and detained.
Castro stressed, however, that investors are keenly observing how far the government will go in holding those involved accountable.
“Pero kapag po mas mapakita pa po ng administrasyon na ito na talaga pong seryoso para mapanagot ang mga sangkot, mas maganda po talagang makita ito hindi lamang po ng mga investors kung hindi mismo ng mga kababayan natin para makapagbigay po sila ng kumpletong tiwala sa ating Pangulo at sa pamahalaan,” she said during a Palace briefing on Friday.
Asked whether other agencies aside from the Department of Public Works and Highways (DPWH) are under scrutiny, Castro said no specific offices were identified but emphasized that President Ferdinand “Bongbong” Marcos Jr. expects all government agencies to uphold integrity.
“Ayaw ng Pangulo na may isyu ang ibang mga ahensiya sa korapsyon. Dapat lamang po sila ay magsumikap at tumupad sa kanilang tungkulin, tuparin ang batas at huwag maging isyu sila … sila mismo ang makasuhan nang dahil sa korapsyon,” she said.
The Palace reiterated that the administration’s anti-corruption push is aimed not only at reassuring investors but also at strengthening public trust in government.