The technical working group (TWG) formed by the Integrity and Compliance Initiative (ICI) is set to meet this Thursday, October 30, to discuss asset recovery efforts related to alleged anomalies in several flood control projects, according to the report of RH Jecelle Ricafort.

According to ICI Executive Director Brian Keith Hosaka, the meeting aims to provide updates on the ongoing efforts to recover public funds believed to have been stolen through corruption.

Hosaka earlier disclosed that the Anti-Money Laundering Council (AMLC) has so far traced around ₱5 billion linked to the irregularities, spread across 2,800 bank accounts.

The TWG is composed of representatives from various government agencies working in coordination with the ICI. Among those expected to attend the meeting are officials from the AMLC, Bureau of Internal Revenue (BIR), Bureau of Customs (BOC), Department of Transportation (DOTr), and the Insurance Commission.

Hosaka added that the Civil Aviation Authority of the Philippines (CAAP) has also confirmed its attendance.

Meanwhile, the Department of Public Works and Highways (DPWH) earlier said that one of the key topics for discussion during the meeting would be the forfeiture case to be filed by the national government as part of its broader asset recovery initiative.