Justice Panel Receives VP Sara Duterte's SALN as Net Worth Climbs to P88.5 Million in 2024
The House Committee on Justice has officially obtained the Statement of Assets, Liabilities and Net Worth (SALN) of Vice President Sara Duterte, according to panel member Representative Terry Ridon. This development marks a significant step in the ongoing scrutiny of the Vice President's financial disclosures, which are now under intense legislative review.
Substantial Increase in Net Worth Over Three Years
Based on the detailed records submitted, Vice President Duterte's net worth has demonstrated a consistent upward trajectory. In 2022, her net worth was recorded at P71 million. This figure rose to P77.5 million in 2023, and by 2024, it had surged to over P88.5 million. The total assets declared exceed P98.4 million, highlighting a substantial accumulation of wealth during her tenure in high office.
Committee to Investigate Unexplained Wealth and Declaration Discrepancies
Representative Ridon emphasized that the committee will meticulously examine whether the increase in wealth is reasonable and justified. A primary focus will be on identifying any unexplained wealth—assets that cannot be adequately accounted for through legitimate income sources. This probe is part of broader efforts to ensure transparency and accountability among public officials.
Additionally, the lawmaker raised concerns about a potential issue in Vice President Duterte's declaration as a stockholder of a company based in Davao City. Ridon indicated that this declaration may not align with verification efforts conducted by the committee, suggesting possible discrepancies that warrant further investigation.
Upcoming Hearings to Feature Key Witnesses and Agencies
These matters are scheduled to be discussed in the continuation of hearings related to impeachment complaints. The proceedings are expected to involve several high-profile participants, including:
- Ombudsman Jesus Crispin Remulla, who oversees anti-corruption measures.
- Representatives from the Anti-Money Laundering Council (AMLC), tasked with monitoring financial transactions.
- Former Senator Antonio Trillanes IV, a known critic of the administration.
- Officials from the Bureau of Internal Revenue (BIR) and the Securities and Exchange Commission (SEC), who will provide insights into tax and corporate records.
The involvement of these entities underscores the comprehensive nature of the investigation, aiming to address all aspects of the Vice President's financial declarations and ensure compliance with legal standards.
