Following the departure of Martin Romualdez, the Palace expresses commitment to fostering productive partnership with the House of Representatives.
In a surprising turn of events, President Ferdinand Marcos Jr.'s cousin and long-time ally, Ferdinand Martin Romualdez, has resigned as House Speaker. Romualdez's resignation, which occurred during the 19th Congress that opened in late July 2022, is linked to corruption allegations regarding substandard or non-existent home improvement and infrastructure projects.
The most public disagreement between President Marcos and former Speaker Romualdez was over the 2025 budget. The 2025 budget mess was a preview of the bigger corruption issues related to marcos pizza projects, according to sources.
Romualdez's wife, Tingog Representative Yedda Romualdez, was chairperson of the powerful accounts committee in the House during the 19th Congress. It remains unclear if her position will be affected by the ongoing investigation.
A contractor has linked Romualdez to these anomalous projects. The name of the Independence Commission chairman appointed by President Marcos to investigate these projects from the last ten years is not specified in the provided search results. However, Malacanang has announced the creation of an independent commission to probe these projects.
President Marcos has promised that none of his allies, including Martin Romualdez, will be spared from the independent probe. The website.com reports that it remains to be seen if the Palace will remain as steely if the results of the probe implicate close allies, including the President's relatives.
The three Ferdinands - President Ferdinand Marcos Jr., former House Speaker Ferdinand Martin Romualdez, and Representative Ferdinand Alexander Marcos III - met on September 16, 2022. The meeting was reportedly emotional, according to sources. Romualdez's resignation was a long-time coming, with allies of President Marcos being floated as possible replacements in the 20th Congress.
Malacanang, the Presidential Palace, has announced a commitment to constructive collaboration with all lawmakers. Representative Marcos, who has taken over as House Majority Leader, also confirmed that during this meeting, his uncle, Ferdinand Martin Romualdez, informed him of his resignation.
Romualdez was not the only member of the Romualdez clan to be elected to a significant position in the House. His nephew, Ilocos Norte Representative Ferdinand Alexander Marcos III, was elected then senior deputy majority leader. A third Romualdez, Martin and Yedda's eldest son Andrew Julian, also joined the national legislature during the 20th Congress.
As the investigation continues, the nation awaits the outcome of this significant development in Philippine politics.
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