Mayor Sara Duterte’s response on VERA Files investigative report, from City Government of Davao:
“Actually nag-participate ko sa ilahang story.
Naghatag ko og comment. Nag ingon ko nga gina-question nato ang truthfulness sa data ni Trillanes kung tinuod gyud na o dili ang iyahang gina-claim. (We were asking him) to produce kung kinsa ang naghatag sa iyaha sa data.
And hangtod kaon, dili man niya ma-produce kung kina ang naghatag sa data, because otherwise kung ing-ana lang na siya, all in the basis of claims, it’s just rumormongering. And nagatago siya sa iyahang parliamentary immunity para dili siya namo magukod.
So, napasadahan nako siya (ang report) and then wala nako kasabot sa ilahang gipangsulti didto and wala nako kasabot kay naa naman toy mga numbers, mao gipasa nalang nako sa akoang lawyer.
And then ingon akong lawyer nga ireview daw niya indepth, but on the suface, it’s the same issue during election during PRD. But this time, it’s much more kay naay haka-haka na gipang sulti didto.
Ana siya, ready naman daw siya anytime, ang lawyer, kay gibuhatan naman na nila og explanation before just in case moabot siya sa korte.
The only time na I am bound to answer is when naay court case na i-file sila.” ( Text Source: Mindanao Times)
Below is the introduction of the investigative report published by the country’s credible and award-winning investigative media organization VERA FILES:
President Rodrigo Duterte and his daughter Sara omitted to fully disclose their joint deposits and investments at the Bank of Philippine Islands, which conservatively exceeded P100 million in some years, when they were mayor and vice mayor of Davao City, our analysis of bank records submitted to Congress and their annual net worth declarations shows.
According to the bank records, Duterte and Sara’s transactions with BPI, initially its Greenhills-EDSA branch and later the Julia Vargas branch, included:
- A P48.17 million placement in 2006 that grew to P55.13 million by 2013
- A P40.55 million investment in 2009 that stood at P41.72 million in 2013
- About $220,000, roughly P10 million, from 2006 to 2012
- The purchase of P80 million in insurance policies in 2014
- A P16.85 million investment begun in 2014
The bank records came from the Senate. Sen. Antonio Trillanes IV entered the documents that he said were from AMLC into the Senate records on Oct. 3 after delivering a privilege speech saying the president had more than P2.2 billion in questionable bank transactions.
Our analysis shows that the amounts Duterte and Sara listed in their statements of assets, liabilities and net worth (SALN) as cash on hand (COH), cash in bank (CIB) and investments for these years are nowhere near the combined value of their bank transactions as reflected in bank records submitted to the Senate.
Duterte only listed from P6.07 million to P13.85 million a year in cash. He began declaring investments only in 2008, at first P3.65 million and later P3.8 million a year starting in 2011.
Sara’s cash declarations ranged from P2 million to P4.32 million a year from 2007 to 2012. She reported annual investments of from P1.93 million to P2.67 from 2008 to 2012.
What this means: Based on the documents, father and daughter failed to declare from P44.25 million to as much as P85.73 million a year from 2006 to 2014.
For example, when 2011 ended, Duterte and his daughter still had three joint investments totaling P106.58 million, including a dollar placement, according to the bank records. But Duterte only declared P14.96 million in both cash and investments that year and Sara, P6.6 million—a shortfall of P85.03 million.
Republic Act No. 6713, which sets a code of conduct and ethical standards for public officials and employees, imposes a range of punishment from fine to dismissal to imprisonment.
CLICK THE LINK FOR THE FULL STORY: http://verafiles.org/articles/duterte-sara-fail-declare-p100m-investments-documents-show-1
Ang tanong: Ano kaya ang magandang gawin ng Duterte family para malusotan nila ang isyu ng kanilang SALN?