BACOLOD CITY, Philippines — Ten out of 16 members of the Provincial Board of Negros Occidental are millionaires, based on their Statements of Assets, Liabilities and Net worth (SALNs) filed last year and released to the media last week.
PB Member Melvin Ibañez of the 5th district is the richest of them all with a net worth of P31,832,186.91 (assets of P43,050,186.91 less liabilities of P11,218,000).
Following him are PB Members Pedro Zayco (6th dist.) with P22,813,522 net worth; Manuel Frederick Ko (3rd dist.) —P10,468,676; Miller Serondo (2nd dist.) —P9,159,000; Vice Governor Genaro Alvarez Jr.—P 5,260,782; Patrick Leonard Lacson (3rd dist.) —P3,480,000; Salvador Escalante (2nd dist.) —P3,443,937.28; Jose Benito Alonso (4th dist.) —P2,875,000; Emilio Yulo III (5th dist.) —P2,630,000; and Nehemias de la Cruz Sr. (1st district) —P1,703,000.
The PB members with net worth below the million-mark are Mae Javellana (4th dist.) —P964,290; Raul Rivera (Philippine Councilors League–Negros Occ. president)—P866,120.92; Renato Gustilo (1st dist.)—P720,700; Helen Zafra (6th dist.)—P260,000; and George Gitano (Association of Barangay Captains president) —P189,000.
Sangguniang Kabataan-Negros Occ president Thea Mae Dino listed her watch, clothes and books at P65,000 as her net worth.
The PB members are set to submit their new SALNs next month. (FREEMAN)