The start of 2026 has brought a political earthquake to the Philippines that threatens to dismantle the reputations of the nation’s most powerful leaders. At the center of this storm are the “DPWH Leaks,” a collection of documents that have exposed a deep and dark “web of connections” involving billions of pesos in public funds.

The investigation into the flood control scandal has taken a sharp turn toward the final days of the late DPWH Undersecretary Catalina “Yusf” Cabral. Exclusive reports from the Bilyonaryo News Channel have revealed a deep and mysterious relationship between Cabral and an engineer named David Sanchez.

Sanchez, who served alongside Cabral as a high-ranking officer in the Philippine Institute of Civil Engineers (PICE), has consistently denied any personal relationship. He maintained that their connection was strictly professional, born out of their shared duties as national officers of the prestigious engineering organization.

However, the “DPWH Leaks” tell a significantly different story, revealing Sanchez as a central player in the allocation of multi-million peso flood control projects. Sanchez was identified as the proponent of two significant flood control projects in Tarlac, valued at 50 million pesos each, according to the leaked data.

Even more disturbing is the discovery of Sanchez’s historical ties to “Spider One Construction Company,” a firm he helped incorporate back in 2017. From 2018 to 2025, Spider One Construction managed to secure an incredible 37 separate DPWH contracts with a total value of 5.8 billion pesos.

A significant portion of these multi-billion peso projects were concentrated in the Cordillera region, raising serious red flags among anti-corruption advocates. One of these projects involved the 2024 construction of the Benguet Convention Center, a project that has been publicly linked to Congressman Eric Yap.

The investigation then pivots to a critical location in Baguio City: the Iron Hotel, the very place where Catalina Cabral was last seen before her de@th. This hotel, formerly known as the Holiday Inn, has a dark history involving a failed insolvency bid in 2022 and a major arbitration loss in Singapore.

Documents show that David Sanchez was the president of DM Capital, the company that originally owned the hotel during its most turbulent years. The hotel was later sold to Ralph Robin Tan, a Baguio businessman who is reportedly a close business partner and associate of Congressman Eric Yap.

The connection is staggering: Cabral, the center of the scandal, is linked to Sanchez, who owned the hotel where she spent her final nights. Sanchez’s construction firm builds projects linked to Congressman Yap, whose associate now owns the very hotel where the Undersecretary stayed.

This intricate web of connections suggests a “shadow bureaucracy” where public officials and private contractors share high-stakes assets and massive government funds. While Spider One Construction has officially denied any business or personal relationship between Sanchez and Cabral, the paper trail of contracts suggests otherwise.

As these infrastructure scandals continue to burn, the political landscape of the Philippines is facing a parallel crisis of leadership and stability. Veteran political analyst Lito Banayo has issued a daring prediction that has sent shockwaves through both Malacañang and the Office of the Vice President.

Banayo argues that the impeachment of Vice President Sara Duterte is no longer a matter of “if,” but “when,” describing the trial as a “done de@l.” The one-year bar rule for impeachment expires on February 5, 2026, opening the door for groups like the Makabayan Block to re-endorse their complaints.

Banayo suggests that the new testimony from whistleblower Ramil Madrigal, a self-proclaimed former “bagman,” will provide the definitive evidence needed for the trial. Madrigal has reportedly provided details regarding the illegal distribution of funds that could implicate multiple members of the Vice President’s inner circle.

The analyst believes that the Vice President’s previous strategy of silence will no longer be an option when she is called before the House Justice Committee. She will be forced to either defend the 125 million peso confidential fund expenditure or face the very real possibility of removal from her office.

But the most explosive part of Banayo’s prophecy is that President Ferdinand Marcos Jr. himself may not be immune to the impeachment fever gripping the nation. “That probably will happen both,” Banayo stated, suggesting that the flood control scandal could eventually lead a trail of corruption directly to Malacañang.

He explains that because an impeachment is fundamentally a “political trial,” the shifting loyalties of congressmen will be the deciding factor in the coming months. As the midterm elections approach, many legislators are reportedly weighing which camp offers the best chance of political survival in a volatile environment.

The investigation into the flood control projects in the North has revealed a pattern of “political rewards” that could potentially implicate those close to the President. If the “Kings of Allocables” are found to be operating with the President’s blessing, the grounds for a secondary impeachment could manifest as early as mid-2026.

This “Double Impeachment” scenario would plunge the Philippines into a constitutional crisis not seen since the early 2000s, testing the strength of the nation’s institutions. Amidst this political chaos, the 2026 National Budget has once again surfaced a “ghost” that many hoped would be exorcised: the Confidential Fund.

Acting Budget Secretary Rolando Toledo has confirmed that the 2026 budget includes a massive 4.5 billion peso confidential fund for the Office of the President. This brings the total confidential and intelligence funds for the entire government to a staggering 10.8 billion pesos for the upcoming fiscal year.

While Toledo has assured the public that “safeguards” are in place, the very nature of these funds means they are not subject to the same rigorous audits as other agencies. The Palace has also had to defend itself against rumors of “secret bonuses” for lawmakers, with Executive Secretary Ralph Recto categorically denying such payments.

Recto argued that what critics are calling bonuses are simply part of the “Maintenance and Other Operating Expenses” (MOOE) necessary for government function. He noted that the House budget has actually decreased by 12 billion pesos this year, now sitting at approximately 38.6 billion pesos in total.

But perhaps the most damaging allegations of the year have come from the “Kingmaker” of the North himself, former Ilocos Sur Governor Chavit Singson. In a frank and unfiltered press conference, Singson identified what he calls the “favorite contractor” of President Bongbong Marcos: Megapolitan Builders.

Singson alleged that this construction firm, owned by Laoag City Mayor James Brian Alcid, has been favored by the President since his days as a local official. Now that Alcid is the Mayor and Marcos is the President, Singson claims that the “blessings” from the national treasury have reached a “shameless” level.

Data analyzed by investigative journalists confirms a nearly miraculous growth in the contract portfolio of Megapolitan Builders and Construction Supply. From 2016 to 2021—a five-year period—the company secured approximately 1.9 billion pesos in total government contracts, often requiring joint ventures to succeed.

However, the year 2022 marked a dramatic and sudden shift in the company’s fortunes, coinciding with the start of the current administration. In 2022 alone, Megapolitan’s contracts jumped to 917 million pesos, nearly double their previous annual average for a five-year period combined.

The growth continued exponentially: 2 billion pesos in 2024, followed by another 2 billion in 2025, and another 1.8 billion in the early months of 2026. In just over three years, Megapolitan Builders has secured a total of 6.99 billion pesos in contracts—nearly five times more than their previous five-year earnings.

Singson argues that this is a classic case of “political patronage” disguised as infrastructure development, siphoning funds into the hands of a key political ally. The connections go deeper, as a secondary firm, JC08 Builders Corporation, owned by the Mayor’s brother, has also secured 679 million pesos in contracts since 2024.

Critics argue that the 2025 victory of Mayor Alcid, who was personally endorsed by the President, was a “political reward” funded by these very construction contracts. Alcid’s victory over the President’s own cousin, former Mayor Michael Marcos Keon, suggests that loyalty to the “inner circle” is rewarded above all else.

The silence from both Laoag City Hall and Malacañang regarding these specific numbers has only served to heighten the public’s suspicion and demand for an audit. For the common Filipino taxpayer, the “6.99 billion peso boom” is a slap in the face while inflation continues to erode their daily purchasing power.

This story is a mirror of a system that has long been plagued by whispers of “allocables” and “favored contractors” who act as the personal banks for the elite. The “DPWH Mafia” and the “Kings of Allocables” are no longer just concepts; they are now backed by names, dates, and billions of pesos in confirmed contracts.

As the nation looks toward the February 5 “Reckoning Day,” the struggle for the nation’s soul is being fought in the budget hearings and the halls of the Senate. Every peso that “vanishes” into a confidential fund or a favored contractor’s pocket is a medicine not bought, or a schoolroom that remains a “ghost” on a blueprint.

The “Politics of the Stomach” will eventually dictate the outcome of these impeachment trials, as the people’s patience for “magic tricks” in the budget finally runs out. If the administration cannot provide a transparent accounting of the 4.5 billion peso confidential fund, the “Double Impeachment” prophecy may become a reality.

The Filipino people are no longer just an audience to this “magician’s show”; they are now demanding to see the “resibos” and the hidden hands behind the curtain. Justice for the taxpayer is not a privilege; it is a fundamental right that must be defended against those who treat the national treasury as their personal inheritance.

We will continue to follow the “Spider One” connection and the “Megapolitan boom,” providing the forensic details that the mainstream media might be too afraid to report. The “Infrastructure War” of 2026 is just beginning, and the casualties will likely include the most powerful names in the Philippine government.

Stay informed, stay alert, and never let the “ayuda” distract you from the billions that are being funneled into the hands of the “Kings of Allocables” and their favored mayors. The 6.79 trillion pesos belongs to you, and it is time that every peso of it is used to build a nation, not just a contractor’s empire in the North.

The “smokescreen” is finally lifting, and through collective vigilance and a demand for absolute accountability, we can ensure that justice is finally served. This is the mission of 2026, and we will not rest until the “magic” in the budget is replaced by the reality of honest and transparent public service for all.

May this investigation serve as a wake-up call for all Filipinos to watch their leaders like hawks, questioning every insertion and every confidential peso spent. The future of the Philippines is too valuable to be gambled away at the baccarat tables of political patronage and systemic betrayal by the few.

Let the “February Reckoning” begin, and let the truth be the only thing that remains standing when the smoke of the impeachment trials finally clears the air. The journey is long, the enemies are well-funded, but the “resibos” of the people are undeniable and will eventually lead to the justice we all deserve.

Stay tuned for our next deep-dive, as we explore the “JC08 Connection” and how family-run construction firms are allegedly monopolizing regional funds across the country. Knowledge is our best weapon against corruption, and together, we can dismantle the “Kings of Allocables” and reclaim our nation’s treasury for the benefit of every Filipino.