The Anti-Money Laundering Council (AMLC) has reported that delays and gaps in the submission of contracts, bank records, and other key documents are hampering its probe into alleged irregularities in flood control projects, according to Philstar Biz.
The council noted that incomplete financial trails have made it difficult to trace the flow of funds potentially linked to the projects. Without full cooperation from involved agencies and entities, the investigation faces significant obstacles in establishing probable cause for money laundering charges.
The AMLC's findings come amid broader government efforts to crack down on corruption in infrastructure spending. The council has urged concerned parties to submit the required documents promptly to ensure accountability and prevent further delays in the probe.