![]() |
Marcos vows to go after anyone who misused govt funds for flood control |
President Ferdinand Marcos, Jr held a rare press conference Monday to announce the top 15 construction firms awarded flood control contracts worth a total of P545 billion during his first three years in office, and hinted at repercussions for those found to have performed shoddy work or committed anomalies.
He pointed out that the 15 construction firms
collectively received 20% of the entire budget for 10,000 projects from 2022 to
2025, or Php109 billion. That meant each company received roughly P7.27 billion
each
The remaining Php436 billion was distributed among
2,391 othe winning contractors, for an average of Php182 million for each
company.
The 15 top constructions firms based on the amount
of contracts they bagged from the government were: Basahin ang detalye!
1. Legacy
Construction Corporation
2. Alpha
& Omega Gen. Contractor & Development Corp
3. St
Timothy Construction Corporation
4. QM
Builders
5. EGB
Construction Corporation
6. Topnotch
Catalyst Builders Inc
7. Centerways
Construction and Development Inc
8. Sunwest,
Inc
9. Hi-Tone
Construction & Development Corp
10. Triple
B Construction & Supply Inc
11. Royal
Crown Monarch Construction & Supplies Corp
12. Wawao
Builders
13. MG
Samidan Construction
14. L.R.
Tiqui Builders, Inc
15. Road
Edge Trading & Development Services
Marcos
however, begged off from disclosing the names of people behind the firms and
their possible connections to people in government, for now.
“We are going to keep
going. This is something that is, I think, absolutely necessary. We have to
clean our ranks. It might be a little painful. Some people close to us might
get dragged into this. But if they are close to me, the people are closer to my
heart and we will prioritize them,” Marcos said during his press conference.
However, Pasig City
Mayor Vico Sotto was quick to point out that the two firms that occupy the no 2
and no 3 slots in the list were owned by the family of Sarah Discaya, who
failed to unseat him in last May’s general elections.
Both were named among
five construction firms that were awarded projects all over the country.
Sotto boldly
enumerated what he called “the six stages of corruption”, insinuating that the
two companies had engaged in irregularities to win the multi-billion government
projects.
He claimed Sarah and
her husband Curlee also owned or controlled six other construction companies
based in Pasig, including St Gerrard General Contractor and Development Corp.
which was suspended by the Department of Public Works and Highways in 2020 due
to project delays.
Meanwhile, multi-media
platform Rappler said the no 8 in the list, Sunwest, Inc. is a conglomerate
based in Albay which was co-founded by Ako Bicol Representative Zaldy Co.
The report said the
company had been lucrative from the time former President Gloria Macapagal-Arroyo
was in power, and between 2016 and 2024 along, won government projects worth a
total of more than Php38 billion.
President
Marcos’ list is part of the initial findings of an ongoing probe into flood
control projects which followed his Statement of the Nation address, in which
he vowed to go after substandard works that led to extensive flooding
throughout the country last month.