MANILA, Nov. 25 -- House Majority Leader and Ilocos Norte 1st District Rep. Ferdinand Alexander "Sandro" Marcos on Tuesday said he has nothing to do with illegal budget insertions worth PHP50 billion as alleged by resigned party-list congressman Zaldy Co.

In a statement, Marcos said Co's accusation is "as fantastical as they are false."

"Anyone can sit in front of a camera abroad and spew lies," the eldest son of President Ferdinand R. Marcos Jr. said.

Co, who is facing charges in connection with alleged corruption involving government flood control projects, made the accusation against Marcos in another short video released Tuesday.

Marcos made insertions in the 2023 to 2025 national budget, according to the former Ako Bicol represen...