The Department of Trade and Industry (DTI) has filed formal charges against eight of the 15 contractors who amassed 20 percent of the β‚±545-billion budget for flood control projects since President Marcos assumed office in 2022.

The DTI, citing its regulatory authority, said it has filed charges against the contractor-licensees for their reported involvement in anomalous flood control projects and potential violations of construction industry regulations.

The filing of charges authorizes the DTI to take immediate prev

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