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7.3

Philippine Ombudsman files plunder case against ex-speaker Romualdez over P7.44B wealth

The Philippine Ombudsman filed a plunder case against former House Speaker Martin Romualdez, a cousin of President Marcos Jr., and three others, alleging they amassed at least 7.44 billion pesos in unexplained wealth over three years, converting cash into mansions and shares to evade scrutiny. The case marks a significant escalation in anti-corruption enforcement against a high-ranking political ally of the president, though the outcome remains uncertain as the accused deny wrongdoing.

South China Morning Postabout 9 hours agoPHengCredibility 30%View source

Score Breakdown

Mosaic Score7.3
Confidence0.5
Significance0.8
Source credibility0.3
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