Zaldy Co was building a 5-story basement to store money—SILG Remulla - News Summed Up

Zaldy Co was building a 5-story basement to store money—SILG Remulla


Remulla's claim comes after investigations into Co's still unfinished house revealed plans for an unusually large basement. Former Ako Bicol party-list representative Zaldy Co was allegedly in the process of building a five-story basement in his home in Forbes Park that was supposed to be used for storing large amounts of money, according to Interior and Local Government Secretary Jonvic Remulla. "Ang Forbes Park ay may floor to area ratio but the floor to area ratio only covers the vertical. Remulla said that they had gotten wind of the basement after reviewing Co’s applications with the Forbes Park village association and the Makati City government. The construction of Co's house is currently delayed due to the former lawmaker's recent controversies regarding the flood control scandal.


Source: Philippine Star December 23, 2025 15:25 UTC



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