SPEAKER Martin Romualdez on Wednesday resigned from his post, giving in to calls for his removal following allegations of graft and corruption against some members of the House of Representatives who allegedly received kickbacks from flood control projects.
The Leyte lawmaker, a first cousin of President Ferdinand Marcos Jr., was replaced by Deputy Speaker Faustino “Bojie” Dy III of Isabela, who was voted by the majority to take the helm upon the recommendation of Romualdez.
Dy, a party mate of the President in the Partido Federal ng Pilipinas (PFP), comes from the Dy political dynasty of Isabela, who are known staunch allies of Marcos.
The new Speaker is a son of former governor Faustino Dy Sr. and a brother of former governors Benjamin Dy and Faustino Dy Jr.
