The Anti-Money Laundering Council (AMLC) has obtained a freeze order from the Court of Appeals against the assets of a sitting congressman, a business associate, and a corporate entity allegedly involved in irregularities in flood control projects.
The order covers 25 bank accounts and 10 insurance policies held in the lawmaker's name. It also includes 27 bank accounts, 10 insurance policies, and one investment account linked to the alleged associate, as well as two bank accounts, seven property accounts, and a real estate asset registered under the corporate entity.
The AMLC did not disclose the names of those involved, citing ongoing investigations.