The Office of the Ombudsman announced it will file a preliminary investigation against former House Speaker Martin Romualdez, along with others, over allegations of plunder and violations of the Anti-Money Laundering Act.The probe stems from a fact-finding inquiry into his alleged involvement in flood control anomalies.

Assistant Ombudsman Mico Clavano stated that the investigation identified Romualdez as the central figure in a scheme diverting public funds meant for flood control projects.Evidence includes testimonies from eight ex-bodyguards of Zaldy Co, who claimed they delivered money to public officials, including Romualdez.The investigation also uncovered financial records, shell companies, and bank transfers linked to the former speaker.Clavano emphasized that even if the ex-bodyguards recant, the case remains strong due to corroborating evidence.The Ombudsman’s office is close to finalizing the fact-finding phase, with a counter-affidavit expected soon.The case highlights concerns over misuse of public funds and corruption in government projects.