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PSEi hits six-month high, erases post-SONA losses as investor confidence reboundsLatest in Anti-Corruption
Business

PSEi hits six-month high, erases post-SONA losses as investor confidence rebounds

The Philippine Stock Exchange Index (PSEi) surged to one of its strongest levels in six months on Tuesday, February 3, fully wiping out losses triggered by corruption concerns involving billions worth of flood control projects aired during last year’s State of the Nation Address (SONA), according…

Liam Demafelix·

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Marcos announces CA freeze order vs assets linked to Eric Yap, Edvic Yap, firms amid flood control probe
Nation

Marcos announces CA freeze order vs assets linked to Eric Yap, Edvic Yap, firms amid flood control probe

President Ferdinand Marcos Jr. on Tuesday, December 9 announced that the Court of Appeals (CA) has issued a freeze order on the bank accounts and assets of Benguet Rep. Eric Yap, ACT-CIS Rep. Edvic “Eddie” Yap, Silverwolves Construction Corporation, and Skyward Aviation Corporation amid an…

Eight of 16 flood control scam suspects now in custody as Marcos calls on fugitives to surrender
Nation

Eight of 16 flood control scam suspects now in custody as Marcos calls on fugitives to surrender

Eight of the 16 individuals accused in the alleged flood-control scam are now in government custody, following President Ferdinand R. Marcos Jr.’s directive for law enforcement to swiftly enforce the Sandiganbayan arrest warrants. The updated figure comes as The Situation Report obtained a…

Marcos: No evidence linking cousin Martin Romualdez to flood control anomalies—for now
Nation

Marcos: No evidence linking cousin Martin Romualdez to flood control anomalies—for now

President Ferdinand R. Marcos Jr. said Thursday, November 13, he does not believe former House Speaker Martin Romualdez, his cousin, is among those who will soon face arrest in connection with the alleged anomalies involving billions—if not trillions—of pesos in flood control projects. Speaking at…

Lacson hopeful independent probe can bring justice to nation ‘drowning’ in corruption
Nation

Lacson hopeful independent probe can bring justice to nation ‘drowning’ in corruption

Senate President Pro Tempore Panfilo “Ping” Lacson on Monday, September 15, expressed hope that the newly formed Independent Commission for Infrastructure (ICI) will bring justice to a nation he described as “drowning in corruption.” Lacson welcomed the appointment of former Supreme Court Justice…

EXCLUSIVE: Ex-NBI agents urge Marcos to choose from career officials as new director
Nation

EXCLUSIVE: Ex-NBI agents urge Marcos to choose from career officials as new director

National Bureau of Investigation (NBI) Deputy Directors Jose Justo S. Yap and Antonio M. Pagatpat have been floated by former bureau agents as potential successors of resigned NBI Director Jaime Santiago. In a letter dated August 28, the NBI Retirees and Ex-Employees Association Inc. (REXEAI)…

Ping Lacson’s speech triggers more fact-finding missions on anomalous flood projects
Nation

Ping Lacson’s speech triggers more fact-finding missions on anomalous flood projects

Senator Panfilo “Ping” Lacson’s exposé on anomalous flood control projects has set off renewed fact-finding missions from journalists and the public alike. Speaking on DZRH News’ Special on Saturday on August 23, Lacson noted that ghost and substandard projects flagged in his investigation were…

NBI Director Jaime Santiago resigns amid ‘orchestrated smear campaign’
Nation

NBI Director Jaime Santiago resigns amid ‘orchestrated smear campaign’

National Bureau of Investigation (NBI) Director Jaime Santiago has tendered his irrevocable resignation, citing persistent attempts to malign his reputation despite what he described as reforms and anti-corruption measures he had instituted in the agency. In a resignation letter addressed to…

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