Skip to main content
Holiday Sale — Get 40% off Vantage for yourself or as a gift
Get Started
SubscribeLogin
Published • loading... • Updated

Inside the $2 Billion Scandal That Paralyzed the Philippines

Summary by Bloomberg
Government funds meant to protect communities were allegedly stolen, leaving villages flooded and President Ferdinand Marcos Jr. confronting a political and economic reckoning.

3 Articles

Bangkok PostBangkok Post
Lean Right

Inside the Philippines’ $2-billion flood-control scandal

Senator Francis Pangilinan leaned into his microphone and fired off numbers in pesos: 50 million? 10 million? 100 million? “You withdrew this in cash?”

·Bangkok, Thailand
Read Full Article
BloombergBloomberg
Lean Left

Inside the $2 Billion Scandal That Paralyzed the Philippines

Government funds meant to protect communities were allegedly stolen, leaving villages flooded and President Ferdinand Marcos Jr. confronting a political and economic reckoning.

·United States
Read Full Article
RMN NetworksRMN Networks

Malacañang, Responsible for Passing the Most Corrupt Budget; some Lawmakers Allegedly Mastermind Anomalous Flood Control Projects

Malacañang is said to be responsible for the passage of what is called the most corrupt national budget this year. In this regard, former Justice Secretary Silvestre Bello III has labeled former House Speaker Martin Romualdez and former chairperson of the House Appropriations Committee Stella Quimbo as the masterminds of the anomalous flood control projects. According to the former secretary, it is worrying that investigations and complaints hav…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources lean Right
50% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Bloomberg broke the news in United States on Tuesday, December 16, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

Ferdinand Marcos Jr. icon

Ferdinand Marcos Jr.

Corruption icon

Corruption

Philippines icon

Philippines

News
Feed Dots Icon
For You
Search Icon
SearchBlindspot LogoBlindspotLocal