Manila, Sept. 16 -- An initial 135 bank accounts and 27 insurance policies of 26 former and active Department of Public Works and Highways (DPWH) personnel, and private contractors involved in alleged anomalous government flood control projects in Bulacan have been frozen effective Tuesday.

Anti-Money Laundering Council (AMLC) Secretariat Executive Director Matthew David, in a briefing at the Bangko Sentral ng Pilipinas (BSP) office in Manila, said the Court of Appeals granted earlier in the day the freeze order petition on Monday.

"The assets subject to the freeze order are linked to persons and entities currently under investigation by the Senate Blue Ribbon Committee for suspected anomalies in government flood control projects," he s...