Marcoleta denies wife's links to Discaya flood control scandal

Dismissing the allegations as part of a smear campaign, Sen. Rodante Marcoleta has denied any conflict of interest involving his wife’s role in insurance firms linked to contractors under investigation in the flood control scandal.

- NEIL JAYSON SERVALLOS

Marcoleta clarified that his wife Edna serves only as an independent director and audit committee chair at Stronghold Insurance Co. Inc.

“They didn't even bother to research what an independent director means. An independent director cannot qualify if you have relatives who own the company... You must be independent. Your role is only to protect the minority shareholders,” Marcoleta said in Filipino over radio dzRH.