Romualdez Transferred to Jail Amid Plunder Probe | Dubai News

Former House Speaker Ferdinand Romualdez, cousin of President Marcos Jr., is set to be transferred from police custody to a regular jail after being indicted on a massive seven-point-four-billion-peso plunder charge tied to flood control projects. Accused of masterminding graft, bribery, and money laundering, Romualdez had been held under hospital arrest due to alleged health issues — a move that sparked public outcry. Prosecutors argue he poses a flight risk due to wealth and access to private transport, and insist he’ll be moved to jail once medically cleared. His legal team insists he’s innocent and had no direct oversight of the disputed funds. His arraignment is scheduled for September 14, while co-accused Elizaldy Co remains a fugitive abroad. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/fd001121ddd59230