LIVE: NBI Director Matibag holds press conference on investigation into Duterte properties | Oct 15

In a press briefing led by Director Atty. Melvin A. Matibag, the National Bureau of Investigation (NBI) presented its official findings regarding real property surveillance and financial verification into Vice President Sara Duterte's Statement of Assets, Liabilities, and Net Worth (SALN). The NBI unveiled surveillance documentation and valuation reports covering properties in Catigan (Davao City), Parañaque, and other areas—estimating the true market value of the Catigan property alone at ₱40.7 million to ₱61 million, in contrast to declared figures. Director Matibag clarified the NBI's statutory mandate under its charter to conduct fact-finding inquiries into potential money laundering and asset misdeclarations, confirming active collaboration with the Anti-Money Laundering Council (AMLC) following witness affidavits. The Bureau also shared preliminary findings on its investigation into over 40 DPWH flood control projects in Davao City (including Genesis 88 contractors), emphasizing that probes are being conducted nationwide—including Bulacan, Cebu, and Pampanga—to refute claims of political targeting. Cases involving criminal violations have been formally turned over to the Department of Justice (DOJ) and the Office of the Ombudsman for preliminary investigation. Chapters: 00:00 – Opening remarks and NBI Director Atty. Melvin A. Matibag's press briefing context 02:15 – Presentation of surveillance photos and valuation reports on declared and undisclosed properties in Catigan, Parañaque, and Davao 06:40 – Discrepancy analysis: Comparing actual market valuations against SALN asset entries 10:15 – Mandatory scope and jurisdictional authority of the NBI in public officer asset verification 13:50 – Inter-agency coordination with the Anti-Money Laundering Council (AMLC) on transaction logs and witness affidavits 18:25 – Status report on the Davao City flood control project investigation and DPWH document audits 22:10 – Rebuttal of political bias allegations: Overview of parallel flood control probes nationwide 25:45 – Case turnover protocols and referral of findings to the DOJ, Office of the Ombudsman, and PDEA Subscribe to the ABS-CBN News channel! -    / @abscbnnews   Watch full episodes on iWant for FREE here: http://iwanttfc.com Visit our website at http://news.abs-cbn.com Facebook:   / abscbnnews   TikTok:   / abscbnnews   Twitter:   / abscbnnews   Instagram:   / abscbnnews   #NBI #SaraDuterte #PRRD #DDS #Balita #Davao #ABS-CBNNews #NewsDigital #LatestNews #PhilippineNews