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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
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Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
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Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Explosive Allegations Surface
In a shocking development, 18 former Philippine Marines have come forward with allegations of corruption involving high-ranking officials, including President Ferdinand Marcos Jr. and his cousin, former House Speaker Martin Romualdez. The accusations center around kickbacks from flood control projects, amounting to $13.9 billion.
## Details of the Scheme
The ex-Marines, who previously served as security for businessman Zaldy Co, claim they delivered cash-filled suitcases to residences linked to Co, Marcos Jr., and Romualdez. These deliveries were allegedly part of a coordinated scheme involving budget insertions related to flood control projects.
## Whistleblower's Role
Lawyer Levi Baligod, known for his involvement in the 2013 pork barrel scam, presented the group at a press conference. He described a system where destinations and suitcase contents were shared via group chat, with each suitcase reportedly containing around $833,200.
## Political Implications
The allegations have sparked a Senate investigation into numerous infrastructure projects, with claims that kickbacks inflated costs and compromised quality. The scandal is being compared to the Napoles-era pork barrel plunder but is considered much larger in scale.
## Ongoing Investigation
While the allegations remain unproven, the testimonies from the ex-Marines have intensified calls for accountability. The situation underscores ongoing governance challenges in the Philippines, testing public trust in the nation's institutions.
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