REMULLA: ZALDY CO HIDING IN $200M LUXURY PARIS RESIDENCE

​Interior and Local Government Secretary Jonvic Remulla revealed on Friday that former Ako Bicol Representative Zaldy Co is currently residing in a lavish 10-bedroom property along the prestigious Champs-Élysées in Paris.

Speaking at the Kapihan ng Samahang Plaridel forum, Remulla described the residence as being situated near a high-end Christian Dior boutique.

​“He has a house in Champs-Élysées, 10 bedrooms na malapit sa Christian Dior. Ganito kalaki ‘yung taas ng mga ceiling noon, 10 bedrooms. Probably worth five, probably worth maybe 200 million dollars, euros,” Remulla said.

​“Doon siya ngayon,” he added.

​The former lawmaker is facing corruption and malversation charges alongside 17 others concerning a ₱289-million flood control project in Oriental Mindoro. While the Office of the Ombudsman alleges the project was non-existent or substandard, Co has consistently denied the claims.

​The Philippine government is currently working with Interpol to enforce a red notice issued in September 2025.

Remulla expressed optimism that Co, who is reportedly seeking asylum in France, will be apprehended before his application is finalized.

​“I am confident we’ll get the red notice and I’m confident we’re going to get Zaldy Co back here to the Philippines…This is the only hope we have,” Remulla said.

​“I am confident na bago matapos yung asylum application niya, makukuha na natin si Zaldy. Six month application process kasi yan. Sometimes, tumatagal,” he added.

​The pursuit of Co follows a series of international developments, including his temporary detention in Prague in April and his subsequent release by Czech authorities before traveling to France.

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