Court of Appeals freezes assets of Martin Romualdez, wife Yedda, and 2 daughters
A Tamarind Road property in Forbes Park. Bank accounts. Insurance policies. Vehicles. The Court of Appeals froze all of it, naming former Speaker Martin Romualdez, his wife Tingog Sinirangan Rep. Yedda Marie Romualdez, their two daughters, and fraternity brother Paras, on probable cause for plunder, bribery, graft, and money laundering tied to flood-control kickbacks. The order references testimony from Christopher Esquivel and Gil Natividad Jr., two of the 18 ex-Marines witnesses who alleged delivering multi-billion-peso cash payments to Romualdez and former Ako Bicol Rep. Elizaldy Co.
Cast in this event
Denial (1)
Romualdez has repeatedly characterised the underlying allegations as "complete fabrication" and maintained he has "never received or benefited from kickbacks in any infrastructure project."