Last 4 among senators release assets, net worth

MANILA, Philippines —  All 24 senators have finally made their statements of assets, liabilities and net worth (SALNs) public amid widespread calls for transparency sparked by outrage over irregularities in flood control projects.

Senate Minority Leader Alan Peter Cayetano and Duterte allies Senators Ronald dela Rosa, Imee Marcos and Rodante Marcoleta comprised the last batch to disclose their SALNs, as they allowed the Office of the Senate Secretary to release copies of the documents to anyone requesting for one.

With the latest disclosures, Sen. Mark Villar – a scion of one of the richest families in the country – has emerged as the wealthiest senator with a net worth of P1.2 billion, followed by Sen. Raffy Tulfo with P1.05 billion. Sen. Francis Escudero is the “poorest” senator with P18.8 million net worth.

Marcos declared P164.9-million net worth with no liabilities, having several real properties either inherited or purchased totaling P74.2 million. She indicated that these do not include expected inheritance or “inchoate share” from the estate of her late father, Ferdinand Marcos Sr., much of which is being contested in court.

She listed business interests in the Marcos Presidential Center Inc., Imelda R. Marcos Collection Inc., IPROD Inc., Creative Media and Film Society of the Philippines Inc. and Amigos Familiares Y Socios Inc.

Marcos also disclosed 10 relatives in government, including her brother, President Marcos; nephew, Ilocos Norte Rep. Sandro Marcos; sons, Ilocos Norte Gov. Matthew Joseph Manotoc and Laoag City Mayor Fernando Martin Manotoc; cousins Michael Keon, former speaker Martin Romualdez and Tacloban City Mayor Alfred Romualdez; cousin by affinity Rep. Yedda Romualdez; another cousin Angelo Barba and cousin by affinity Cecille Carmen Marcos.

Cayetano declared P109-million net worth, having two real properties worth P12.9 million and personal properties worth P97.7 million. He also declared being an incorporator of Philippine Art Nation Inc.

Dela Rosa, meanwhile, declared P32.2 million in net worth, with total assets of P61.3 million and liabilities of P29 million. He is the senator with the most number of relatives in government.

Marcoleta made his SALN public Tuesday night, declaring P51.9-million net worth. He has P11 million worth of real properties and P69 million worth of personal assets, offset by P28.4 million in liabilities. He reported no business interests.

He also declared six relatives in government, including his son Sagip party-list Rep. Paolo Marcoleta and several others working in his office at the Senate.