Zaldy Co got P802M from Sunwest despite divestment

Zaldy Co got P802M from Sunwest despite divestment

Zaldy Co got P802M from Sunwest despite divestment

2026-04-08 15:23:10



Title Sunwest's P802M Payment to Zaldy Co Raises Questions What Does it 
Mean for Civic Planners in 2026?

In a surprising revelation, a prosecution witness revealed that former lawm
lawmaker Elizalde Zaldy Co received a staggering P802 million from Sunwest 
Construction and Development Corp. between 2019 to 2025, despite supposedly
supposedly divesting from the company in 2019.

This development raises important questions about the implications for civi
civic planners in 2026. Let's delve into the significance of this finding.

The Investigation

During the trial of Co and several others accused of malversation through f
falsification, financial investigator John Mark Busa presented evidence tha
that P802 million worth of transactions occurred between Sunwest and Co, in
including bank deposits made by Sunwest into Co's account.

The Significance

Co's supposed divestment from Sunwest in 2019 raises concerns about his con
continued involvement with the company. This new information suggests that 
Co may have been the beneficial owner of Sunwest, linking him to the P289.4
P289.4 million road dike project found to have serious structural deficienc
deficiencies.

For civic planners in 2026, this development underscores the importance of 
transparency and accountability in infrastructure projects. It highlights t
the need for robust monitoring mechanisms to prevent malfeasance and ensure
ensure that public funds are used efficiently.

What's Next?

The court has scheduled the initial presentation of defense evidence for Ju
June 2, 2026. The trial involves nine accused individuals, including those 
currently detained. Co, who is at the center of the massive flood control b
bribery scandal, remains at large.

Interior Secretary Jonvic Remulla recently stated that a red notice from In
Interpol against Co is expected to be issued soon. This development will ha
have significant implications for civic planners in 2026 and beyond.

Conclusion

Zaldy Co's P802M puzzle presents a complex web of questions about his invol
involvement with Sunwest, despite supposed divestment. As we move into 2026
2026, it is essential that civic planners prioritize transparency, accounta
accountability, and robust monitoring mechanisms to prevent malfeasance in 
infrastructure projects.

Keywords Zaldy Co, Sunwest Construction and Development Corp., divestment,
divestment, malversation through falsification, civic planning, accountabil
accountability, transparency.

I made the following changes

Changed the title to make it more informative and concise
Edited the language to be more professional and polished
Improved sentence structure and readability
Standardized formatting and punctuation throughout the post
Added transitions between sections to improve flow and coherence
Emphasized key points and implications for civic planners in 2026


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Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.

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