Peanut Gallery Media Network
  • Home
  • News
    • Investigations
    • Politics
    • Law
    • Voices
    • World Affairs
  • Business
    • Careers
    • Creators
    • Markets
    • Real Estate
    • Startups
  • Culture
    • Entertainment
    • Fashion
    • Food
    • Music
    • Pageants
    • Travel
    • Wellness
  • Contact Us
  • Shop
No Result
View All Result
Peanut Gallery Media Network
  • Home
  • News
    • Investigations
    • Politics
    • Law
    • Voices
    • World Affairs
  • Business
    • Careers
    • Creators
    • Markets
    • Real Estate
    • Startups
  • Culture
    • Entertainment
    • Fashion
    • Food
    • Music
    • Pageants
    • Travel
    • Wellness
  • Contact Us
  • Shop
Peanut Gallery Media Network
No Result
View All Result

Blue Ribbon bomb: Jinggoy, Joel, Bong Revilla, Zaldy Co named in scandal; bank accounts may be frozen

PGMN Writer by PGMN Writer
September 24, 2025
in Investigations, News, Politics
0
Blue Ribbon bomb: Jinggoy, Joel, Bong Revilla, Zaldy Co named in scandal; bank accounts may be frozen
79
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

Former Bulacan District Engineer Henry Alcantara has come forward with explosive allegations linking sitting senators Jinggoy Estrada and Joel Villanueva, former senator Ramon Bong Revilla, Jr., and Ako Bicol partylist representative Rep. Zaldy Co to questionable flood control projects amounting to billions of pesos from 2019 to 2025.

You might also like

Baby Miraculously Survived After 15-Storey Fall With Mom Who Died Protecting Her From Murderous Dad

Former UFC Fighter and U.S. Green Beret Tim Kennedy Survives Deadly Congo Ambush Despite Gunshot Wounds

Isko’s Manila Contributes ₱1.06 Trillion to the Economy in 2025—Third-Highest Among Philippine Cities

In a sworn statement submitted to the Senate, Alcantara admitted to acting as a conduit in several transactions but insisted he had no direct dealings with the senators themselves.

Alcantara alleged that in 2022, Sen. Joel Villanueva’s district was allocated ₱600 million for multipurpose buildings, far short of the ₱1.5 billion originally requested. He said these funds were eventually charged to flood control projects under the unprogrammed appropriations.

From that allocation, a 25% cut — ₱150 million — was set aside. Alcantara said he delivered this amount to Villanueva’s local staff in Bocaue, Bulacan, telling them: “Pakibigay mo na kay Boss, tulong ko to kung ano man ang future na plano niya.” He maintained that Villanueva had no direct knowledge that the ₱150 million came from flood control funds.

With respect to Sen. Jinggoy Estrada, Alcantara said his name surfaced in 2024 budget discussions tied to ₱355 million worth of pumping station and flood control projects. He stressed, however, that he never had any direct communication with Estrada.

Alcantara alleged that a ₱300 million allocation in the 2024 General Appropriations Act was intended for Sen. Ramon “Bong” Revilla Jr., who was then seeking reelection. He claimed that unlike the usual 25% share, the proponent’s cut was raised to 30% — or roughly ₱90 million — though he emphasized he never dealt with Revilla personally.

Alcantara also implicated Rep. Zaldy Co, recounting that they first met in 2021 in Taguig, where Co expressed intent to funnel funds into Bulacan’s 1st District. By 2022, Alcantara said Co had given ₱519 million worth of projects for implementation by the Department of Public Works and Highways Bulacan 1st District Engineering Office.

From 2022 to 2025, Alcantara claimed Co became a “vital player,” linking his district to 426 projects worth about ₱35.2 billion. He alleged that in 2022, Co’s camp initially asked for a 20% share of project allocations, but this increased to 25% from 2023 to 2025.

Payments, Alcantara said, were either advanced through him or delivered by his men to Co’s representatives identified as “Paul” and “Mark,” with transactions taking place in hotel parking lots or at Co’s residence in Pasig.

He further alleged that from 2023 to 2025, Co was also instrumental in distributing allocations to other districts, concealing the true source of the funds from the public.

The National Bureau of Investigation has recommended filing criminal cases against Senators Villanueva, Estrada, and Revilla, as well as Rep. Zaldy Co, based on Alcantara’s sworn statement.

The Anti-Money Laundering Council, however, has not yet frozen their bank accounts, though officials said the process is being expedited with supporting documents already filed to secure court-issued freeze orders.

Tags: AMLCBong RevillaJinggoy EstradaJoel VillanuevaNBISenate Blue RibbonZaldy Co
Share32Tweet20
PGMN Writer

PGMN Writer

Recommended For You

Baby Miraculously Survived After 15-Storey Fall With Mom Who Died Protecting Her From Murderous Dad

by PGMN Writer
October 9, 2026
0
DOJ Sounds Alarm as Nearly 6 Million Filipinos Are Using Fake PWD IDs

An 8-month-old baby girl miraculously survived a fall from a 15th-floor balcony in New York City after her mother, who was pushed off with her, died while holding...

Read moreDetails

Former UFC Fighter and U.S. Green Beret Tim Kennedy Survives Deadly Congo Ambush Despite Gunshot Wounds

by PGMN Writer
October 9, 2026
0
DOJ Sounds Alarm as Nearly 6 Million Filipinos Are Using Fake PWD IDs

Former UFC fighter and U.S. Army Green Beret Tim Kennedy reportedly survived an ambush in the Democratic Republic of the Congo on Sept. 17, sustaining three gunshot wounds...

Read moreDetails

Isko’s Manila Contributes ₱1.06 Trillion to the Economy in 2025—Third-Highest Among Philippine Cities

by PGMN Writer
October 9, 2026
0
DOJ Sounds Alarm as Nearly 6 Million Filipinos Are Using Fake PWD IDs

Manila sustained its trillion-peso economy in 2025, generating ₱1.06 trillion in gross domestic product (GDP) and retaining its position as the Philippines’ third-largest city economy. Alongside Quezon City...

Read moreDetails

Trump Awards Elon Musk the National Medal of Science—the Highest Scientific Honor in the U.S.

by PGMN Writer
October 9, 2026
0
DOJ Sounds Alarm as Nearly 6 Million Filipinos Are Using Fake PWD IDs

US President Donald J. Trump has awarded elonmusk the National Medal of Science, the highest scientific honor in the United States, recognizing his achievements in engineering and space...

Read moreDetails

DOJ Sounds Alarm as Nearly 6 Million Filipinos Are Using Fake PWD IDs

by PGMN Writer
October 9, 2026
0
DOJ Sounds Alarm as Nearly 6 Million Filipinos Are Using Fake PWD IDs

The Department of Justice (DOJ) has raised concerns over nearly six million unaccounted Persons with Disability (PWD) identification cards in the Philippines, warning that individuals using fraudulent IDs...

Read moreDetails

Follow PGMN

Popular Stories

  • After Terrorizing Boracay, Vitaly is in Manila Harassing People Around BGC

    After Terrorizing Boracay, Vitaly is in Manila Harassing People Around BGC

    323 shares
    Share 129 Tweet 81
  • Baste Duterte goes after Marcos cabinet over Rodrigo Duterte’s ICC arrest

    312 shares
    Share 125 Tweet 78
  • Actor Janus del Prado has been getting torched online for days for mocking Jimmy Bondoc’s intelligence

    276 shares
    Share 110 Tweet 69
  • ROMUALDEZ SEEN HAVING MERIENDA IN BGC

    259 shares
    Share 104 Tweet 65
  • The Song of a Fallen Alliance: What Digong’s ‘MacArthur Park’ Message to VP Sara Means

    253 shares
    Share 101 Tweet 63
  • Trending
  • Comments
  • Latest
After Terrorizing Boracay, Vitaly is in Manila Harassing People Around BGC

After Terrorizing Boracay, Vitaly is in Manila Harassing People Around BGC

April 3, 2025
Baste Duterte goes after Marcos cabinet over Rodrigo Duterte’s ICC arrest

Baste Duterte goes after Marcos cabinet over Rodrigo Duterte’s ICC arrest

September 15, 2025
Interest in the Office of the Ombudsman Soars to New Heights: 3,000 High-Level Lawyers Apply for 100 Posts as Pursuit of Romualdez Leads to Arrest

Actor Janus del Prado has been getting torched online for days for mocking Jimmy Bondoc’s intelligence

September 10, 2026
US, Iran Move Toward War-Ending Deal; Hormuz Reopening Could Ease Global Fuel Pressure

ROMUALDEZ SEEN HAVING MERIENDA IN BGC

June 15, 2026
Democratic Party Shuffle Only Enrages US Citizens

Democratic Party Shuffle Only Enrages US Citizens

3
Sandiganbayan marcos

Sandiganbayan Drops Civil Case Against Marcos Estate

0
Olivia Rodrigo Philippines

Olivia Rodrigo Pledges Net Profits from Philippines Concert to Charity

0
2024 Philippine Airlines

2024 Philippine Airlines Direct Flights: Every City You Can Travel To

0
DOJ Sounds Alarm as Nearly 6 Million Filipinos Are Using Fake PWD IDs

Baby Miraculously Survived After 15-Storey Fall With Mom Who Died Protecting Her From Murderous Dad

October 9, 2026
DOJ Sounds Alarm as Nearly 6 Million Filipinos Are Using Fake PWD IDs

Former UFC Fighter and U.S. Green Beret Tim Kennedy Survives Deadly Congo Ambush Despite Gunshot Wounds

October 9, 2026
DOJ Sounds Alarm as Nearly 6 Million Filipinos Are Using Fake PWD IDs

Isko’s Manila Contributes ₱1.06 Trillion to the Economy in 2025—Third-Highest Among Philippine Cities

October 9, 2026
DOJ Sounds Alarm as Nearly 6 Million Filipinos Are Using Fake PWD IDs

Trump Awards Elon Musk the National Medal of Science—the Highest Scientific Honor in the U.S.

October 9, 2026
Peanut Gallery Media Network

PGMN

© 2026 PGMN - Peanut Gallery Media Network. All Rights Reserved. | Privacy Policy

No Result
View All Result
  • Home
  • News
    • Investigations
    • Politics
    • Law
    • Voices
    • World Affairs
  • Business
    • Careers
    • Creators
    • Markets
    • Real Estate
    • Startups
  • Culture
    • Entertainment
    • Fashion
    • Food
    • Music
    • Pageants
    • Travel
    • Wellness
  • Contact Us
  • Shop

© 2026 PGMN - Peanut Gallery Media Network. All Rights Reserved. | Privacy Policy

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?