Key facts
- Martin Romualdez, cousin of Philippine President Ferdinand Marcos Jr., has been charged with plunder.
- The charges involve alleged kickbacks totaling $118 million.
- A court has issued an arrest order for Romualdez.
- The alleged corruption is linked to flood control projects.
Martin Romualdez, a cousin of Philippine President Ferdinand Marcos Jr., has been charged with plunder. Prosecutors allege that Romualdez received kickbacks amounting to $118 million in connection with flood control projects. A court has subsequently ordered his arrest.
The charges stem from allegations that Romualdez amassed wealth through illicit means, which prosecutors claim he could no longer conceal. The scandal involves significant sums of money purportedly gained through corrupt practices related to infrastructure projects.