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Philippines finds 421 fake infrastructure projects, probes corruption amid $100B fund misuse.
The DPWH has identified 421 "ghost" infrastructure projects across the Philippines in a nationwide audit, with most in Luzon, prompting an investigation into alleged corruption, particularly in flood control.
The Independent Commission on Infrastructure (ICI) recommends cutting procurement approval limits in half—down to P75 million at the district level and P200 million regionally—to improve oversight.
The findings follow reports of fund misuse, with P100 billion—20% of flood control funds—going to just 15 firms, and President Marcos Jr. personally inspecting flawed projects, underscoring concerns over accountability.
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Filipinas encuentra 421 proyectos de infraestructura falsos, investiga la corrupción en medio de un uso indebido de fondos de $ 100 mil millones.