President
Rodrigo Roa Duterte and his immediate family has been on constant attack on
their so called unexplained wealth from their detractors and critics.
Duterte’s
oldest son and former Vice Mayor of Davao City Paolo “Polong” Duterte has been
the recipient of the vicious black propaganda wherein a video tagged him as
member of the Chinese triad which has illegal drugs as its main line of
business.
Questions
abounds since as pubic officials their every move or changes in their lifestyle
is always being scrutinized.
 |
| Former President Benigno "Noynoy" Simeon Aquino III (photo credit to owner) |
Aquino’s own unexplained
wealth.
We are
quoting significant parts of Mr. Hananeel Bordey of the Manila Times in his article
titled ‘Noy’s wealth zoomed 345%” To show that even the former President
Benigno Simeon Aquino III has his own explaining to do.
In 2015, President Benigno Aquino III’s
last full year as the country’s leader, he declared a net worth of P68.78
million compared to 2009, a year before he was elected to Malacañang, when he
declared a net worth of only P15.44 million, or a huge 345.43 percent increase from
2009 to 2015.
The increase in Aquino’s net
worth was even higher than the spike in the net worth of his predecessor,
Gloria Macapagal-Arroyo.
Aquino’s SALN was also
mysterious in that in his last annual filing as senator, it showed a net worth
of only P15.44 million in December 2009, and the figure jumped to P50.19
million in June 2010 when he entered the presidency, or a difference of almost P35
million in a span of six months. The filing of SALN is required of
newly-elected officials within 30 days after assumption of office.
Then Internal Revenue
Commissioner Kim Jacinto-Henares told the PCIJ the excess campaign funds were
not recorded in Aquino’s income tax return (ITR) for 2010.
A controversial asset of Aquino
was a Porsche 911 Carrera, which he claimed to have sold six months after he
bought it in 2011. The SALN does not provide a breakdown of the receivables.
Aquino, just months into his presidency,
claimed he bought the car for P5 million, and that he used the money he got
when he sold a BMW.
Mr. Duterte’s Land
Transportation Office head Edgar Galvante, who was a former police general,
said there were no records that Aquino purchased a Porsche 911 nor a BMW.
LTO records showed that the
only cars under his name were a 2003 Toyota Land Cruiser he registered in 30
June 2003 and a 2016 Ford Explorer registered 15 June 2016, two weeks before he
stepped down as President.
The high growth in Aquino’s
SALN surpassed that of Arroyo. Aquino was elected in 2010 while Arroyo began
her full six-year term as president in 2004. While his net worth rose by more
than 300 percent from 2009 to 2015, Arroyo registered an increase of over 90
percent in her wealth declaration from 2003 to 2009.”
you say about this?
Share
us your thoughts by simply leaving on the comment section below. For more news
updates, feel free to visit our site often.
Stay
updated with today's relevant news and trends by hitting the LIKE button.
Thanks
for dropping by and reading this post.
Report from Daily Tribune
0 Comments