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Velasco is a Basque family name. According to the academy of Basque language, it is derived from the Visigothic name 'Vela' (Vigila) and the Basque suffix –sco. The name also made its way into Portuguese as Vasco.
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City in Metro Manila, Philippines
Pasig, officially the City of Pasig, is a highly urbanized city in the National Capital Region of the Philippines. According to the 2024 census, it has a population of 853,050 people.
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National Bureau of Investigation (NBI) Director Melvin Matibag on Tuesday said that two of the seven so-called cash houses identified by dismissed policeman Rodulfo Gracioso Jr. are owned by former House Speaker Lord Allan Velasco and his wife.
The NBI said Velasco spouses own 2 alleged “cash houses” in Pasig and are linked to 2 Marinduque resorts under investigation.
The NBI confirms that two alleged "cash houses" in Pasig City belong to former House Speaker Lord Allan Velasco and his wife, validating parts of Rodulfo Gracioso's affidavit.