assets - updates

Rappler's latest stories on assets

ARTICLE FINDER

SALN filing period extended further until August 31

Jun 25, 2020 - 1:45 PM

The Civil Service Commission also allows the online submission of the Statement of Assets, Liabilities, and Net Worth by public officials and government employees

Abu Dhabi's ADNOC sells pipeline firm stake to foreign investors

Jun 23, 2020 - 9:40 PM

A consortium acquires a 49% stake in Gas Pipeline Assets, a newly formed subsidiary of Abu Dhabi National Oil Company

ABU DHABI. The seafront promenade in the Emirati capital Abu Dhabi with the Abu Dhabi National Oil Company office complex (C) in the foreground on May 29, 2019. File photo by Karim Sahib/AFP

U.S. State Department approves possible sale of attack helicopters to PH

May 01, 2020 - 7:31 PM

To give the Philippine military a much-needed boost in air power, the government is looking to buy 6 attack helicopters from US-based suppliers

ATTACK HELICOPTERS. The AH-1Z Viper attack helicopter by Bell Helicopters. Photo from the Bell Helicopters website

Duterte says he'll sell gov't assets to pay coronavirus loans

Apr 09, 2020 - 8:07 AM

President Rodrigo Duterte says the move will be his last resort if the government runs out of money to pay off loans and fund programs to respond to the coronavirus outbreak

FUNDS NEEDED. President Rodrigo Duterte delivers a briefing on the government's efforts to address the coronavirus outbreak. Malacañang photo

SALN filing deadline moved to June 30

Apr 07, 2020 - 6:05 PM

The Civil Service Commission moves the deadline by 60 days, from the annual April 30 deadline, due to the coronavirus outbreak

Busy with NPA, ABS-CBN cases: Calida skips House probe on energy debt

Mar 12, 2020 - 12:01 AM

The Office of the Solicitor General handles a Meralco debt dispute pending before the Supreme Court since 2004, as government tries to beat a 2026 deadline to collect

BUSY. Solicitor General Jose Calida skips a House investigation on energy debt because he says he is busy attending to Supreme Court cases like ABS-CBN quo warranto. File photo by Darren Langit/Rappler

P400-B uncollected power charges show 'dead end' in energy laws

Mar 11, 2020 - 8:30 PM

Lawmakers want to collect debts now, as government lawyers stand firm on proper procedures on compromise agreements

POWER CHARGES. Officials of the Office of the Solicitor General (OSG) arrive early to the House of Representatives hearing on March 11, 2020, on the P400 billion worth of uncollected power charges. Photo by Lian Buan/Rappler

House panels summon Calida over power sector’s P95-B debt to gov’t

Mar 06, 2020 - 6:16 PM

Lawmakers want the Solicitor General to explain why he asked to intervene in the case of the multi-billion pesos that Meralco and First Gen Hydro Power Corporation still owe the government

SUMMONED BY HOUSE. Solicitor General Jose Calida holds a press conference at Camp Crame on February 10, 2020. File photo by Darren Langit/Rappler

No need for Duterte to release his 2018 SALN – Panelo

Dec 13, 2019 - 7:15 PM

But it was the Office of the Ombudsman which told media groups to ask Malacañang for a copy of the President's Statement of Assets, Liabilities, and Net Worth

President Rodrigo Roa Duterte delivers his speech during the oath-taking ceremony of the newly promoted uniformed personnel of the Bureau of Fire Protection, Bureau of Jail Management and Penology and Philippine Coast Guard at the Malacañan Palace on December 10, 2019. KING RODRIGUEZ/PRESIDENTIAL PHOTO

Duterte's 2018 SALN still secret 7 months after deadline – PCIJ report

Dec 11, 2019 - 6:09 PM

Despite President Rodrigo Duterte's promises of transparency, the public is yet to see his most recent Statement of Assets, Liabilities, and Net Worth

President Rodrigo Roa Duterte greets one of the newly-appointed government officials during their oath-taking ceremony at the Malacañan Palace on December 3, 2019. TOTO LOZANO/PRESIDENTIAL PHOTO

Coast Guard gets new high-speed boats, trucks to boost capabilities

Jul 25, 2019 - 9:48 PM

Other new assets include rubber boats and fully equipped ambulances useful in disaster response and rescue operations

NEW ASSETS. Turnover and blessing ceremony of newly procured Philippine Coast Guard Assets at PCG headquarters in Manila on July 25, 2019. Photo by Lito Borras/Rappler

Robredo's net worth rises to P2.3 million in 2018

Jul 06, 2019 - 10:36 PM

This is the first time since the Vice President took office that her net worth increased

VP ROBREDO. Vice President Leni Robredo gives a message before the graduates of the Sonia R. Lorenzo Fellowship Program for Women Leaders in an awarding ceremony held at the Quezon City Reception House on February 22, 2019. Photo by Office of the Vice President

Ombudsman Martires' wealth grows by P15 million in 2018

Jul 06, 2019 - 4:35 PM

Ombudsman Samuel Martires releases only a summary of his SALN and not a full copy

WEALTH. Ombudsman Samuel Martires' wealth grows by P15 million in one year. Photo by Darren Langit/Rappler

Martires delays releasing Duterte, Robredo SALNs

Jun 19, 2019 - 3:13 PM

The 1987 Constitution and the Code of Conduct for Public Officials empower journalists to obtain and report on SALNs

DELAY. Ombudsman Samuel Martires delays the process of releasing the President and the Vice President's Statements of Assets, Liabilities and Net Worth. File photo by Darren Langit/Rappler

Wealth of 7 lawmakers more than doubled in 2018

Jun 13, 2019 - 12:48 PM

AGRI Representative Delphine Lee tops the list after her wealth increases by more than 400% from 2017 to 2018

HOUSE OF REPRESENTATIVES. Philippine congressmen in session at the Batasang Pambansa. Photo from the Facebook page of the House of Representatives of the Philippines

Mikee Romero, Albee Benitez still richest congressmen in 2018

Jun 12, 2019 - 6:16 PM

1-Pacman Representative Mikee Romero and Negros Occidental 3rd District Representative Albee Benitez are the House's billionaires, while Kabataan Representative Sarah Elago still has the lowest net worth

BILLIONAIRES' CLUB. 1-Pacman Representative Michael Romero and Negros Occidental 3rd District Representative Alfredo Benitez are the richest congressmen in 2018.

Villar, Cusi still richest Cabinet members in 2018

Jun 10, 2019 - 4:00 PM

Meanwhile, at least 4 Cabinet secretaries have net worths below P10 million, based on available Statements of Assets, Liabilities and Net Worth in 2018

Cynthia Villar still richest senator in 2018

May 27, 2019 - 1:25 PM

Senator Cynthia Villar's declared net worth rises to P3.72 billion in 2018, with zero liabilities

Photo by Angie de Silva/Rappler

[OPINION] The pols in our stars... and in SALNs too

May 04, 2019 - 5:00 PM

SALNs can also track political dynasties, not just politicians' wealth

Robredo on Duterte family wealth: All gov't officials must disclose assets

Apr 10, 2019 - 6:45 PM

Vice President Leni Robredo says all government employees, regardless of position, are expected to be honest in declaring their wealth

HONESTY. Vice President Leni Robredo says government employees and officials must be truthful when they submit their SALNs. Photo by OVP

Supreme Court denies requests for justices’ full SALNs

Mar 21, 2019 - 2:57 PM

The en banc is keeping its policy of releasing only summaries of the justices’ wealth. The justices also deny requests for their Personal Data Sheets.

NO FULL SALNS. The Supreme Court is sticking to a policy of releasing only summaries of justices' Statements of Assets, Liabilities and Net Worth (SALN), as they deny all requests for full copies of SALNs. Photo by Ben Nabong/Rappler

[ANALYSIS | Deep Dive] Inaccessible SALNs

Feb 07, 2019 - 8:14 AM

The House resolution restricting public access to its members' Statements of Assets, Liabilities, and Net Worth might be in conflict with the Constitution

Malacañang: House restrictions on SALNs may violate Constitution

Feb 04, 2019 - 1:45 PM

Presidential Spokesperson Salvador Panelo asks members of the House of Representatives to 'deliberate more' on their new rules

MONEY AND TRANSPARENCY. The House of Representatives issues new rules making it harder for the public to access SALNs

Robredo slams tighter House SALN access: 'Why hide?'

Feb 03, 2019 - 5:30 PM

'Parang lalong binabawasan ang pagtitiwala ng tao sa kanila.... Bakit kailangan may itago?' Vice President Leni Robredo asks the House of Representatives

TRANSPARENCY DEMANDED. Vice President Leni Robredo hopes the House of Representatives eases on its rules for releasing its members' SALNs. OVP file photo

New House rules make it harder to access lawmakers' SALNs

Jan 31, 2019 - 2:18 PM

Under the new rules, one must pay P300 for each SALN request, or a total of P87,300 for the SALNs of all 291 members of the House of Representatives

SALN ACCESS MADE HARDER. The House of Representatives adopts the rules on how the public may access the SALNs of its members. File photo by Jire Carreon/Rappler

Denden Lazaro leaves Cocolife to suit up for Petron

Jan 08, 2019 - 7:18 PM

Denden Lazaro vies for her first PSL title as she transfers to the multi-titled Petron Blaze Spikers

TITLE PURSUIT. Denden Lazaro is expected to boost Petron's floor defense. Photo from release

Manila among least sustainable cities globally – report

Nov 01, 2018 - 2:57 PM

Manila ranked poorly in the social, environmental, and economic sub-indices of the 2018 Sustainable Cities Index and 'needs to reinvent itself'

Several Facebook investors back proposal to oust Zuckerberg as chairman

Oct 18, 2018 - 5:53 PM

The proposal asks that Zuckerberg be removed as chairman, and make the position independent from his role as CEO

ZUCKERBERG. Facebook's CEO Mark Zuckerberg at the 'Tech for Good' Summit at the Elysee Palace in Paris, on May 23, 2018. Photo by Charles Platiau/ AFP


Why is it so difficult to access SALNs of House lawmakers?

Aug 22, 2018 - 10:00 AM

(UPDATED) The more stringent rules on access to House members' SALNs were drafted under then speaker Pantaleon Alvarez. Will Speaker Gloria Macapagal Arroyo change them?

HARD TO ACCESS SALNs. It has long been difficult to get copies of the full SALNs of all lawmakers in the House of Representatives. File photo by Darren Langit/Rappler

Why don't we know enough about Supreme Court justices’ wealth?

Aug 21, 2018 - 9:04 PM

A group wants to nullify strict guidelines on releasing SALNs of justices, saying that they are not above the law

WEALTH. The Supreme Court has strict guidelines on releasing the summaries of assets and net worth of the justices.

JBC needs more time to probe SALNs of chief justice applicants

Aug 20, 2018 - 9:39 PM

The council defers voting and moves it to Friday, August 24

#CJSEARCH. The Judicial and Bar Council interviews applicants for the chief justice position on August 16, 2018. Screengrab from SC PIO

How damaged assets can reduce your income tax

Aug 19, 2018 - 7:20 PM

Our tax laws allow casualty losses to be claimed as deduction for income tax purposes

Erap Estrada is richest Metro Manila mayor in 2017

Jul 25, 2018 - 7:41 PM

Meanwhile, Quezon City Vice Mayor Joy Belmonte is the wealthiest vice mayor in Metro Manila, according to their Statement of Assets, Liabilities and Net Worth

MAYOR ERAP. Manila Mayor Joseph Estrada is the wealthiest mayor in Metro Manila in 2017. File photo by Rambo Talabong/Rappler

9 representatives' net worth more than doubled in 2017

Jul 16, 2018 - 1:55 PM

The biggest percentage increase is that of Leyte congressman Vicente Sofronio Veloso, with a jump of over 800%

HOUSE PLENARY. Photo of the House of Representatives plenary hall by Darren Langit/Rappler

3 billionaires in House of Representatives in 2017

Jul 15, 2018 - 6:25 PM

Mikee Romero (1-Pacman), Emmeline Aglipay Villar (Diwa), and Albee Benitez (Negros Occidental 3rd District) are the richest members of the House

PH team dominates Cocolife in PSL debut

Jul 07, 2018 - 3:48 PM

The Philippine women’s volleyball team makes a statement in its first tuneup game for the 2018 Asian Games

FULL CONTROL. The Philippine women's volleyball teams puts on a dominant show in the PSL. Photo by Mix Gatpandan/Rappler

Cocolife kicks off PSL campaign with win over Cherrylume

Jun 25, 2018 - 7:44 PM

Gyra Barroga fires 17 points, built on 12 attacks and 4 blocks, for the Asset Managers

VICTORY. Justine Tiu and Cocolife open their PSL Invitational Cup campaign on the right foot. Photo from PSL


Ex-Lanao mayor indicted for non-disclosure of assets in SALNs

Jun 07, 2018 - 10:24 AM

The Office of the Ombudsman says former mayor Mohammadali Abboh Abinal of Marantao, Lanao del Sur, did not declare firearms and a vehicle in his Statements of Assets, Liabilities, and Net Worth from 2007 to 2012

Office of the Ombudsman Photo by Darren Langit/Rappler

Cusi joins Villar in Duterte Cabinet 'billionaires' club' in 2017

May 29, 2018 - 7:30 PM

(3rd UPDATE) Energy Secretary Alfonso Cusi declares a net worth of P1.355 billion in 2017, an increase of P1.19 billion from his net worth in 2016

BILLIONAIRE'S CLUB. DOE Secretary Alfonso Cusi and DPWH Secretary Mark Villar declare a net worth above P1 billion, based on their SALNs in December 2017. Photo of Cusi by Chrisee dela Paz/Rappler, photo of Villar from Malacañang Photo

Morales leaves Ombudsman P17M richer than when she came in

May 21, 2018 - 12:57 PM

The increases in her assets over the last 7 years are attributed to her retirement benefits and pension

ADDRESSING ISSUES. After 3 months of media silence, Ombudsman Conchita Carpio-Morales appears in a news conference on April 25, 2017 to address issues concerning cases filed before her office. Photo by Rappler

Villar, Pacquiao remain richest senators in 2017

May 17, 2018 - 12:28 PM

(UPDATED) Meanwhile, Senator Antonio Trillanes IV is still the poorest senator

BILLIONARES' CLUB. Senators Cynthia Villar and Manny Pacquiao are the richest senators based on their latest SALN.

Electoral protest fee causes Robredo's net worth to dip to P1.1M

May 16, 2018 - 11:10 AM

Vice President Leni Robredo's net worth as of December 2017 dips by P7.7 million, her latest SALN shows

Vice President Leni Robredo hold a press confrence on Friday, May 11, 2018, at her Office in New Manila Quezon City. Photo by Darren Langit/Rappler

Duterte’s SALN for 2017 shows net worth of P28.5M

May 11, 2018 - 7:30 AM

President Rodrigo Duterte's latest net worth increases by about P1 million compared to his previous Statement of Assets, Liabilities, and Net Worth

WITH MASONS. President Rodrigo Roa Duterte delivers his speech during the 102nd Annual Communication of the Most Worshipful Grand Lodge of the Free and Accepted Mason in the Philippines at the SMX Convention Center in Davao City on April 26, 2018. Malacañang file photo

Petron rallies to steal PSL Grand Prix finals opener; Foton bags bronze

May 01, 2018 - 8:15 PM

American import Channon Thompson delivers huge points down the last stretch of the match

REINFORCEMENT. National University stalwart Jaja Santiago comes to aid the Tornadoes to end their campaign on a high note. Photo from PSL

Sereno quo warranto will be decided end of May – SC's Carpio

Apr 19, 2018 - 12:43 PM

The Supreme Court en banc will hold a special session on May 17, a Thursday

Upholding the Law of the Sea Convention and the Post-Arbitration Philippine Challenge forum at Malcolm Theater, UP College of Law on July 15, 2016

Ex-Sulu governor pleads guilty to non-filing of SALNs

Apr 13, 2018 - 3:03 PM

The Sandiganbayan's 6th Division orders Abdusakur Tan Sr to pay a P25,000-fine for his failure to file his Statements of Assets, Liabilities, and Net Worth for 5 years

GUILTY. Former Sulu governor Abdusakur "Sakur" Tan Sr pleads guilty to non-filing of SALNs.. Photo from Tan's Facebook

Sereno now has 11 U.P. SALNs on file

Apr 12, 2018 - 7:10 PM

'SALNs are only relevant to the question of integrity if the issue is ill-gotten wealth,' says Chief Justice Maria Lourdes Sereno's spokesperson Jojo Lacanilao

Chief Justice Maria Lourdes Sereno speaks on separation of Powers Under the Rule of Law at the fellowship of Philippine Bar Association in Manila Golf and Country Club in Forbes Park, Makati City on April 11, 2018. Photo by Inoue Jaena/Rappler

'Popcorn, please': Sereno-De Castro word war stuns netizens

Apr 10, 2018 - 7:55 PM

Netizens are willing spectators as the claws come out between the two women of the judiciary

'You're oppressive!': Sereno, De Castro face off in SC orals

Apr 10, 2018 - 5:25 PM

'You are making a lot of excuses,' an agitated Associate Justice Teresita Leonardo De Castro tells Chief Justice Maria Lourdes Sereno

ORAL ARGUMENTS. Chief Justice Maria Lourdes Sereno faces off in a two-hour long heated interpellation with Associate Justice Teresita Leonardo De Castro. Screengrab from SC

‘Litany of falsehoods?’ The trouble with Sereno’s SALNs

Mar 27, 2018 - 6:34 PM

We lay out all the arguments and claims related to the Chief Justice's SALNs in the context of the quo warranto proceeding that seeks to remove her from office

Supreme Court Chief Justice Ma. Lourdes Sereno during the Women vs Strongman forum at the UP School of Economics on March 22, 2018