Over 30 business groups on Monday appealed to President Ferdinand “Bongbong” Marcos Jr. to immediately implement institutional reforms and ensure the restitution of ill-gotten wealth and embezzled funds of the government, following controversies on corruption that his administration is seeking to clean.

In a joint statement, the business groups called on the Marcos administration to immediately address without delay what they described as a “historic, massive, and unprecedented” corruption scandal involving flood control and infrastructure projects.

“We have contributed to national funds through taxes locally and nationally and have paid additional assessment of taxes. We provided many fees to enable us to do business,” the statement read.

“Yet, trillions of pesos supplied

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