The Philippine Court of Appeals has frozen 116 assets linked to an unnamed prominent lawmaker, a corporation and associated individuals and entities in an investigation into alleged kickbacks from government flood-control projects. The Anti-Money Laundering Council announced on Oct. 1 that the Sept. 21 order covers 86 bank accounts, four investment accounts, one insurance policy and 25 virtual-asset wallets under the Philippines' Plunder Law. Investigators said funds were routed through intermediaries, financial institutions and digital platforms in ways that obscured their origins, while the investments identified appeared unsupported by sufficient operating revenues. The identities of the parties remain confidential during the proceedings. The case emerged in 2025 and has since involved multiple lawmakers, with earlier asset freezes reportedly covering tens of billions of pesos. The order is an interim asset-preservation measure and does not establish criminal guilt.