يحاول ذهب - حر
Senator urges use of UN treaty to catch former Rep. Zaldy Co
December 15, 2025
|Business World Philippines
THE PHILIPPINE government can harness the United Nations’ (UN) anti-corruption treaty to track down a former congressman linked to the multibillion-peso flood control scandal, a senator said.
-
In a statement on Sunday, Senator Panfilo M. Lacson said that the government can utilize the United Nations Convention Against Corruption (UNCAC) to locate and arrest ex-Party-list Rep. Elizaldy “Zaldy” S. Co.
“One option the Philippine government may explore is to tap the UNCAC, where we are a signatory,” he added. “If we tap the resources of 191 other countries, you can imagine how our efforts to locate and arrest Co will be easier.”
Mr. Co’s legal counsel did not immediately reply to a Viber message seeking comment.
Mr. Co, a former House Appropriations Committee chairman, has been implicated in anomalous flood control projects. He has been abroad since the scandal broke out.
هذه القصة من طبعة December 15, 2025 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Business World Philippines
Business World Philippines
PHL to join talks on safeguarding supply of materials considered strategic for AI dev’t
THE US plans to invite the Philippines to join a multinational initiative to safeguard supply chains for technology deemed vital to artificial intelligence (AI), a US State Department official said on Tuesday.
1 min
December 17, 2025
Business World Philippines
RFM Corp. reports steady profits despite typhoons, lower flour prices
LISTED food and beverage producer RFM Corp. is on track for full-year 2025 sales of P22.2 billion, a modest 2% increase based on preliminary unaudited data, according to its chief executive officer (CEO).
1 mins
December 17, 2025
Business World Philippines
US suspends technology deal with Britain, FT reports
THE United States has suspended a technology deal it struck with Britain earlier this year, which was intended to boost ties in artificial intelligence, quantum computing and civil nuclear energy, the Financial Times (FT) reported on Monday.
1 min
December 17, 2025
Business World Philippines
Philippines, US stage joint sail in SCS after China’s ‘inhumane’ actions
THE Philippines and the US held a joint sail in the contested South China Sea (SCS) on Monday, Manila’s armed forces said on Tuesday, just days after China’s use of water cannon injured three Filipino fishermen — an act the Defense chief described as “inhumane.”
2 mins
December 17, 2025
Business World Philippines
EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports
The European Union’s (EU) European Commission is weighing a new compensation scheme that could allow carmakers to sell combustion-engine vehicles beyond 2035, Germany’s Handelsblatt newspaper reported on Tuesday, citing senior Commission sources.
1 min
December 17, 2025
Business World Philippines
Religious artifacts and antiques the focus of the new Museo P. Lhuillier
FOR the Philippine Ambassador to Spain, Philippe J. Lhuillier, his decades of diplomatic service are best represented by the religious artifacts, European antiques, and culturally significant memorabilia that he has collected over the years.
3 mins
December 17, 2025
Business World Philippines
Rice imports expected to dip below 4 million MT next year
RICE IMPORTS in 2026 are expected to fall below 4 million metric tons (MMT), with the Philippines ordering less from foreign suppliers due to strong domestic production, the Department of Agriculture (DA) said on Tuesday.
2 mins
December 17, 2025
Business World Philippines
Gin Kings gun for quarters slot against ROS in Bahrain
BARANGAY GINEBRA shoots for two birds with one stone for its playoff aspirations against the league-leading Rain or Shine (ROS) as the PBA holds its second straight game at the Khalifa Sports City Stadium in Bahrain.
2 mins
December 17, 2025
Business World Philippines
ALI raises P13.5B from Alabang Town Center stake sale
LISTED property developer Ayala Land, Inc. (ALI) has raised P13.5 billion from the sale of its 50% stake in Alabang Town Center in Muntinlupa City, a move aimed at funding future commercial and retail expansions.
1 mins
December 17, 2025
Business World Philippines
Blackwall aims to close cybersecurity gap among MSMES
LOCAL cybersecurity startup Blackwall Industries is focusing on micro, small and medium enterprises (MSMEs) to address what it sees as a largely untapped and highly vulnerable segment of the market.
2 mins
December 17, 2025
Listen
Translate
Change font size