07/09/2026
NATIONAL UPDATE: The Office of the Ombudsman has filed a plunder case against former House Speaker Martin Romualdez before the Sandiganbayan today, September 7, accusing him of involvement in the diversion of public funds intended for flood control projects.
The Ombudsman identified Romualdez as the “central figure” in the scheme, accusing him and former Ako Bicol Rep. Zaldy Co of alleged “concerted and coordinated acts” that resulted in the “unlawful amassing, accumulating, and acquiring ill-gotten wealth” amounting to approximately Php 56 billion from 2022 to 2025. Investigators also alleged that some of the purported proceeds were delivered through suitcases by bodyguards.
Earlier this year, in April, the Court of Appeals ordered the freezing of assets linked to Romualdez after finding probable cause to believe they were connected to plunder, graft, and direct and indirect bribery. The Sandiganbayan also granted a precautionary hold departure order against Romualdez, barring him from leaving the Philippines.