More than halfway in
her 6-year term as Vice President of the Philippines her current net worth is
P3.5 million that is according to the 2019 latest Statement of Assets,
Liabilities and Net Worth (SALN).
It was a P1.2 million
increased from 2018, the second time she posted an increase in her wealth since
she took office in 2016.
According to the SALN
obtained by ABS-CBN News, the growth was attributed to the increase of her
personal properties.
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| (photo credit to owner) |
VP Leni declared that
her cash on hand rose from P7,351,430 in 2018 to P8,576,478 in 2019.
The latest SALN shows that
Robredo’s other personal properties remained unchanged. These are furniture,
appliances and other equipment worth P1.5 million; jewelry worth P100,000;
prepaid insurance worth P630,000; a Toyota Innova acquired in 2010 worth P1,123,000;
and a Toyota Grandia acquired in 2014 worth P1,750,000.
She reported
her 8 real properties in her hometown Naga City, Camarines Sur with a total
value of P1.735 million.
Robredo’s liabilities,
on the other hand, remained at P11.9 million due to loans. The bulk of her
“loans payable” are owed to 4 people, each with a P2-million loan by the Vice
President: The estate of Jose Robredo, Jocelyn Austria, Vicente Hao Chin, Jr.,
and Rafael Bundoc. She also owed P1 million to a certain Pablito Chua.
2 of her creditors in
the 2019 SALN are among her contributors in the 2016 elections, when she ran
for vice president.
A certain Pablito Chua
and Vicente Hao Chin Jr. were her campaign contributors who donated P2 million
and P2.5 million, respectively, to her 2016 vice presidential bid, as per her 2016
Statement of Contribution and Expenditures.
She also declared that
she has a P95,000 worth of shares of stocks at Meralco, which was acquired in
"different years."
As per the Department
of Budget and Management (DBM),
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Report from ABS-CBN News
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