Today News
A+ A A-

Rody OKs his bank records to be scrutinized by PACC

President Duterte’s bank records are open for scrutiny but only to the anti-corruption body he had recently formed.

Talking to members of the Presidential Anti-Corruption Commission (PACC), composed mostly of the pro-Duterte group Volunteers Against Crime and Corruption (VACC) on Tuesday night, the Chief Executive said he will not allow his critics to fish for evidence against him.
For “you (PACC), anytime. I will give you the authority (to open my bank accounts),” Mr. Duterte said, addressing members of the PACC chaired by VACC founding chairman Dante Jimenez.
“You want to know my bank accounts? I’ll give it to you, right now. No joke. Or if you have siblings in Central Bank, I will not take it against you. ahead and open the computer,” he added.

The President said that his political opponents cannot squeeze any information on his bank accounts directly from him.
“But if you’re my enemy in politics, if you want evidence, do not get it from my mouth or make me do the this for you,” Mr. Duterte said.
“Honestly, you won’t find anything in it,” he added.
Mr. Duterte said that if his bank accounts contain more than P40 million, he will be ready to relinquish his post.
“If it goes beyond P40 million, I will step down,” he said.
“If it exceeds P40 million – that includes my inheritance. And the original entered in the Bank of Asia and America, and that was the time when we had the partition of our property,” he added.
In a previous speaking engagement, the President said he will order the military to shoot him if his wealth exceeds P40 million.
Mr. Duterte declared a P28,428,862.44 total of assets in his 2016 year-end Statement of Assets, Liabilities and Net Worth (SALN) declared last April 2017. He has a P1 million loan to a certain Samuel Uy making his net worth stand at P27,428,862.44.
His cash on hand was at P18,453,862.44 as of December 31, 2016.
Meanwhile, Presidential spokesman Harry Roque said the President is also willing to submit his bank accounts for review by the Anti-Money Laundering Council (AMLC).
“The President has no problem with AMLC looking into its bank records,” he told reporters yesterday in a media interview in Puerto Princesa City.
The Office of the Ombudsman recently thumbed down a complaint filed by opposition Sen. Antonio Trillanes supposedly revealing anomalous bank transactions of the Duterte family sourced from the AMLC.
The AMLC denied that the documents paraded by the former rebel soldier did not come from them. However, the Ombudsman, who is also trying to pin Duterte on her claimed Rody’s ill-gotten wealth, claimed before media that the documents shown to media by her Overall Deputy Ombudsman came from the AMLC, which was a lie, as the AMLC issued an official denial, saying that amounts of deposits and withdrawals were added up to come up with over a hundred million for Duterte alone.
Later, it as claimed by the Ombudsman that the bank records of Duterte shown by the Ombudsman, was the Trillanes’ fake amounts and bank records of Duterte.
Trillanes revealed that the supposed bank accounts owned by the President’s three children were in the hundreds of millios: Davao City Mayor Duterte-Carpio with P121 million, Davao City Vice Mayor Paolo Duterte with P104 million, and Sebastian Duterte with P143 million.
The President’s partner Cielito ‘Honeylet’ Avanceña is also accused by the lawmaker to have P188 million in her bank account.
Notably, the sum Trillanes’ accusation of bank records produced is the sum of all transactions — inflow and outflow, debits and credits — done indiscriminately which does not necessarily mean that the Duterte family has such amount.

Commentaries

The mystery of percentage ballot shading…

25-04-2018 Ninez Cacho-Olivares

The mystery of percentage ballot shading  threshold

There goes the agreement by both vice presidential riva...

Threat of nuclear weapons use growing, U…

25-04-2018 AFP and Tribune Wires

Threat of nuclear weapons use growing, UN warns

Geneva, Switzerland — A top UN official sounded the ala...

What now?

25-04-2018 Aldrin Cardona

What now?

The line was long with uncertain faces.They looked too ...

The ‘real’ world

25-04-2018 Dinah S. Ventura

The ‘real’ world

Back when we were still students and being taught from ...

On appeal, Karadzic slams ‘myths’ about …

25-04-2018 AFP and Tribune Wires

On appeal, Karadzic slams ‘myths’ about Bosnian war

The Hague, Netherlands — Once-feared Bosnian Serb leade...

Armenians vent anger at authorities in …

25-04-2018 AFP and Tribune Wires

Armenians vent anger at authorities  in ‘victory for civil society’

Yerevan, Armenia — Protesters in Armenia who forced the...

Headlines

Headlines

Nation

Metro

Sports

Life Style

Etcetera

Motoring

business

Unit 102, 1020 Bel-Air apartment, Roxas Blvd, Ermita, Manila Copyright 2000-2017 All rights reserved, The Daily Tribune Publishing Inc.