Zaldy Co got P802M from Sunwest despite divestment
Zaldy Co got P802M from Sunwest despite divestment

Title Sunwest's P802M Payment to Zaldy Co Raises Questions What Does it [K
Mean for Civic Planners in 2026?
In a surprising revelation, a prosecution witness revealed that former lawm[4D[K
lawmaker Elizalde Zaldy Co received a staggering P802 million from Sunwest [K
Construction and Development Corp. between 2019 to 2025, despite supposedly[10D[K
supposedly divesting from the company in 2019.
This development raises important questions about the implications for civi[4D[K
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[1D[K
falsification, financial investigator John Mark Busa presented evidence tha[3D[K
that P802 million worth of transactions occurred between Sunwest and Co, in[2D[K
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[3D[K
continued involvement with the company. This new information suggests that [K
Co may have been the beneficial owner of Sunwest, linking him to the P289.4[6D[K
P289.4 million road dike project found to have serious structural deficienc[9D[K
deficiencies.
For civic planners in 2026, this development underscores the importance of [K
transparency and accountability in infrastructure projects. It highlights t[1D[K
the need for robust monitoring mechanisms to prevent malfeasance and ensure[6D[K
ensure that public funds are used efficiently.
What's Next?
The court has scheduled the initial presentation of defense evidence for Ju[2D[K
June 2, 2026. The trial involves nine accused individuals, including those [K
currently detained. Co, who is at the center of the massive flood control b[1D[K
bribery scandal, remains at large.
Interior Secretary Jonvic Remulla recently stated that a red notice from In[2D[K
Interpol against Co is expected to be issued soon. This development will ha[2D[K
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[5D[K
involvement with Sunwest, despite supposed divestment. As we move into 2026[4D[K
2026, it is essential that civic planners prioritize transparency, accounta[8D[K
accountability, and robust monitoring mechanisms to prevent malfeasance in [K
infrastructure projects.
Keywords Zaldy Co, Sunwest Construction and Development Corp., divestment,[11D[K
divestment, malversation through falsification, civic planning, accountabil[11D[K
accountability, transparency.
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