The Anti-Money Laundering Council (AMLC) on Friday said it secured a new freeze order on the assets of major contractors and a member of the House of Representatives.
The AMLC said the freeze order covers 1,193 bank accounts.
The AMLC said that to date, it has frozen 6,538 bank accounts, 367 insurance policies, 255 motor vehicles, 178 real properties, 16 e-wallet accounts, and three securities accounts have been frozen because of their links to allegedly anomalous flood control projects.
The total value of the frozen assets has reached P20.3 billion and is expected to increase as the investigation deepens, the AMLC said.
