The Billion-Peso House in Forbes Where Romualdez Hid His Money PGMN Anchor and former COA commissioner Atty. Bing Guanzon exposes the staggering details of a multi-billion peso kickback scheme involving former Speaker Martin Romualdez, where suitcases of illicit flood control funds were stashed inside an ultra-exclusive property. Pinpointing the exact location verified by official complaints, Guanzon highlights the 3,196-square-meter estate at 30 Tamarind Road in South Forbes Park, Makati. According to explosive testimonies, the volume of corrupt cash streaming from the trillion-peso national infrastructure budget was so immense that Romualdez’s luxury home at 42 McKinley Street in Taguig could no longer hold it. This forced the former Speaker to look for an isolated property to serve as a designated drop-off point and cash storage facility, masked in codes by co-conspirators as a literal ""bagsakan ng basura”. Guanzon details the paper trail used to purchase the ₱1.665 billion mansion from shipping executive Doris Magsaysay-Ho. The acquisition was made by Golden Pheasant Holdings Corporation, a shell company owned on paper by lawyer Jose Raulito Paras—Romualdez's close fraternity brother and frontman. Prosecutors exposed a massive disparity in the deal, noting that Paras' personal assets only totaled around ₱18 million, making it financially impossible for him to fund a ₱1.6 billion estate without backing. Former bodyguards—specifically former Marines who served as personal security personnel—have already come forward to confirm delivering heavy luggage packed with money directly to the Tamarind Road fortress. As authorities enforce asset freeze orders on the property alongside 35 connected bank accounts, Guanzon slams Romualdez's sudden, suspicious attempt to flee to Singapore for a medical procedure, warning the public that he is desperately trying to shield his wealth before his legal defenses completely collapse. The full episode examines the dramatic rise and fall of Romualdez, tracing his ascent from one of the country's most powerful political figures to the most hated man in the Philippines and the central figure in a widening controversy that now threatens to immortalize his legacy. Watch the full episode here:https://www.facebook.com/reel/1014822477605217 Corruption is and has always been the Philippines’ biggest problem. Martin Romualdez is broadly recognized as the most corrupt Filipino politician of the 21st century. On May 5, Romualdez framed Franco Mabanta and four PGMN associates in a fake extortion plot with the singular objective of silencing the truth and keeping Romualdez’ many crimes from being brought to light—the fundamental embodiment of suppression of the free media. The country has faith that Boying Remulla, Mico Clavano and the Office of the Ombudsman will do the right thing. - @pgmn_official