Monday, 3 August 2026
Nasdaq +1.44%
Subscribe NowSupport Us

Daily Tribune

Daily Tribune
Subscribe
Monday, 3 August 2026
  • News
  • Opinion
  • Business
  • Life
  • Show
  • Sports
  • Global Goals
Partner feature

The Philippines' leading digital newspaper.

News
  • Headlines
  • Page three
  • Metro
  • Nation
  • World
  • Dyaryo Tirada
  • Obituary (Remember Me)
  • SONATOTOO (archive)
Opinion
  • All columnists
  • Editorials
  • Guest essays
  • Letters to the Editor
  • Scuttlebutt
Business
  • Shipping
  • Portraits
  • Pep
  • Business Advisories
  • Technology (Tech Talks)
Life
  • Show
  • Food & Drink
  • Getaways
  • Arts & Culture
  • Social Set
  • Spaces
  • Fashion & Beauty
  • The Edit
  • Top Form
  • Next Gen
  • Sacred Space
  • Project Larawan
  • Snaps
Sports
  • Hoops
  • Volley
  • Golf
  • Goal
  • Boxing
  • Tennis
  • Esports
  • Blast

Company

  • SONATOTOO archive
  • About
  • Contact
  • Advertise
  • Privacy
  • Subscribe
  • Support Us

© 2026 Daily Tribune · tribune.net.ph · Powered by Quintype

COMMENTARY

Reckoning stops short

President Ferdinand Marcos Jr. has spent a year positioning himself as the exposer of “Floodgate,” not a subject of it, but the paper trail does not cooperate with such a narrative.

DT·3 August 2026, 9:39 pm·1 MIN READ

Reckoning stops short
Text size
Partner feature

Stay informed

Get Daily Tribune in your inbox

Breaking news, opinion, and business coverage for readers in the Philippines and abroad.

Subscribe to the newsletter

Read next

SoNA: A country Filipinos deserve

SoNA: A country Filipinos deserve

What's your take?

Share

Google Preferred Sources

Get more Daily Tribune stories in your search results

Add Daily Tribune as a preferred source on Google Search.

Add to Google

Continue reading

  • Insurance chief hit with preventive suspension for alleged anomalies in PUV insurance accreditation
    Insurance chief hit with preventive suspension for alleged anomalies in PUV insurance accreditation
  • NLAP opposes rushed approval of LPG swapping center guidelines
    NLAP opposes rushed approval of LPG swapping center guidelines
  • Dingdong returns, Gabbi Garcia joins ‘The Voice Kids’
    Dingdong returns, Gabbi Garcia joins ‘The Voice Kids’
Partner feature
Partner feature

Suggested Articles

Tony-nominated ‘& Juliet’ heads to Manila in 2027
SHOW

Tony-nominated ‘& Juliet’ heads to Manila in 2027

Full House Theater Company (FHTC) is set to stage the hit jukebox musical & Juliet in Manila as part of its 2027…

Pauline Songco·19 hours ago

Melai Cantiveros reveals how a six-month separation strengthened her marriage
SHOW

Melai Cantiveros reveals how a six-month separation strengthened her marriage

Melai Cantiveros has revealed that she and husband Jason Francisco quietly went through a six-month separation before…

Jefferson Fernando·19 hours ago

Metrobank urges students to spend smarter
PEP

Metrobank urges students to spend smarter

Metrobank is stepping up efforts to improve financial literacy among young Filipinos, urging students to be more…

DT·19 hours ago

Phl boosts coconut Gulf exports
PEP

Phl boosts coconut Gulf exports

The Philippine Trade and Investment Center (PTIC)-Dubai has launched Project CocoBridge, a program aimed at expanding…

Jason Mago·19 hours ago

A grand Hoya convergence
SOCIAL SET

A grand Hoya convergence

The exclusive Last Chukker at the Manila Polo Club was swept up in an aura of timeless sophistication as the Georgetown…

Luis Espiritu·19 hours ago

Share

A familiar plot in a mystery thriller has the villain as the one who reported the crime, who later turned out to be the one the detectives should have been watching.

The antagonist got there first, made the report, positioned himself as the aggrieved party, so no one would think to look his way.

Watching the anti-corruption narrative around the flood control scandal unravel, the parallel is hard to ignore.|

President Ferdinand Marcos Jr. has spent a year positioning himself as the exposer of “Floodgate,” not a subject of it, but the paper trail does not cooperate with such a narrative.

He signed the budget. His own spokesperson insisted that he turned every page that crossed his desk before signing it, which puts him in the middle of the budget diversion worth hundreds of billions, even a trillion pesos by some estimates, funneled through ghost and substandard flood control projects.

Either the President did not actually scrutinize the budget he claims to have pored over, or he did, and the diversion happened in plain sight. No option simply leaves him blameless.

What has happened instead is a year of selective accountability. Low and mid-level Department of Public Works and Highways employees, and some token prominent individuals, are in jail.

Members of the Senate and the House of Representatives repeatedly named in the Senate Blue Ribbon Committee hearings remain seated, unindicted. Some have made it as senator-judges or are presiding over the impeachment proceedings.

The Ombudsman’s case against former Speaker Martin Romualdez — filed days before the President’s fifth State of the Nation (SoNA) address, the timing itself suspicious — is not even a plunder case. It is for graft and corruption, the kind that allows bail while it grudgingly proceeds.

The key whistleblower, former Ako Bicol Representative Zaldy Co, who linked the President to the massive looting of the National Treasury, remains safely overseas without any tangible effort to bring him back home.

Compare that to the speed with which the administration’s political foes have been jailed on comparatively thinner grounds.

The Independent Commission for Infrastructure that Marcos created to investigate the corruption earned no mention in his SoNA. If the ICI’s work mattered to the President’s stated anti-corruption drive, its absence from his flagship speech was inexplicable, unless its findings were never meant to be made public.

The timing tracks uncomfortably with the campaign to remove Vice President Sara Duterte from the 2028 candidate field, using the full force of the state machinery.

Full accountability for Floodgate, the kind that will actually deter the next trillion-peso racket rather than merely punish the relatively small fry implicated in it, will not be obtained while the man who signed the budget is also the one deciding who gets investigated.

It will come, if it comes at all, only when the person at the top is genuinely willing to throw open the books and get to the bottom of the racket built on the perversion of the national budget.

Until then, every claim from the presidential podium of having exposed the Floodgate scandal should be treated the way any seasoned investigator treats a suspiciously well-timed tip: with the grain of salt it deserves.

  • Budget accountability Philippines
  • Flood control scandal opinion
  • Philippines anti-corruption debate

Also read

Manufactured hero
EDITORIAL

Manufactured hero

He has used the authority sparingly, and mostly on items that were already indefensible, not on every project that bled the GAA dry.

DT·29 July 2026

Also read

Inconvenient truth
EDITORIAL

Inconvenient truth

The involvement of former occupants of the Palace’s own inner circle, the Executive Secretary’s Office and the Cabinet agency that controls…

DT·2 August 2026