The Anti-Money Laundering Council (AMLC) has obtained its fifth freeze order from the Court of Appeals in connection with the ongoing investigation into alleged irregularities in flood control projects across the country.

In a press release dated October 8, 2025, the AMLC said the latest order covers several additional bank accounts linked to persons of interest, including an entity whose license was allegedly used in implementing ghost projects.

“Every freeze order matters. Each freeze order secured strengthens the evidentiary trail, ensuring that illicit funds cannot be concealed or dissipated,” said AMLC Executive Director Atty. Matthew M. David.

According to the council, the implementation of the previous four freeze orders has already led to the freezing of 1,632 bank accounts, 54 insurance policies, 163 motor vehicles, 40 real properties, and 12 e-wallet accounts. These assets have a total estimated value of over ₱4.4 billion, a figure expected to increase following the issuance of the fifth order.

The AMLC assured the public that it will continue working with government agencies and relevant stakeholders to ensure that “funds intended for public welfare are not diverted for unlawful gain.“