Philippine president’s cousin charged with plunder over US$118 million flood scandal

Sep 7, 2026 | INVESTING

Philippine prosecutors filed a criminal charge on Monday against a lawmaker and cousin of President Ferdinand Marcos Jnr over his alleged involvement in a massive corruption scandal involving bogus flood-control projects.
The case came more than a year after Marcos put the so-called “ghost” infrastructure projects, believed to have cost Filipino taxpayers billions of dollars, centre stage in a public address.
Several construction firm owners, government officials and politicians have been…

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