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Stronghold: No involvement in ‘ghost projects’ scandal
Manila Bulletin
|September 30, 2025
Stronghold Insurance Co. Inc. has refuted what it called "misleading and unfounded public statements," defending the company's integrity and clarifying the roles of its board of directors and its function in the issuance of surety bonds.
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In a statement, Stronghold addressed reports concerning Edna M. Marcoleta, wife of Senator Rodante Marcoleta, who was elected as an independent director in February 2024.
Stronghold said that Marcoleta's appointment was based on her qualifications and that her role is strictly non-executive.
"For the past 65 years in the insurance industry, Stronghold Insurance has always upheld the highest standards of integrity, transparency, and accountability in all its operations," the company said.
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