Warns contractors face criminal, economic sabotage raps PRESIDENT Ferdinand Marcos Jr. blew his top yesterday over a P55.7-million flood control project
President Ferdinand Marcos, Jr. visits a site in Baliuag, Bulacan on August 20, 2025. The area is supposed to have a P55.7-million riverwall built in Barangay Piel, but President Marcos found none of it, tagging the item as a ‘ghost project.’ PRESIDENT Ferdinand Marcos Jr. blew his top yesterday over a P55.
“For the big ones, I’m thinking very hard, we will lodge economic sabotage because economic sabotage is very clear here. There’s a legal team working on that,” he added. “This is outright fraud. A project of this scale, P55 million, 220 meters of flood protection, and not a single thing was done,” he said.
The river protection structure was built by St. Timothy Construction Corporation, while the flood mitigation structure was constructed by Wawao Builders. The two firms are among the top 15 contractors that secured most of the flood control projects nationwide. For its part, the Bureau of Internal Revenue on Wednesday said it will investigate the tax compliance of contractors involved in government flood control projects amid allegations of “ghost projects.”
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