October 20, 2017, 9:16 am
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Villar still richest senator; Trillanes poorest

SEN. Cynthia Villar, whose wealth comes primarily from family-owned real estate development, remained the country’s richest senator as of December 2016 with a net worth of P3.6 billion assets with no liabilities, slightly higher than her 2015 worth of P3.5 billion.

Boxing icon Sen. Manny Pacquiao joined her in the billionaires’ club with a net worth of P3.072 billion. He declared total assets of P3.422 billion but had liabilities worth P350,595,647.

Based on his statement of assets, liabilities and net (SALN) worth, Sen. Antonio Trillanes IV is the poorest among 24 senators, with a net worth of P6,506,672.13. Trillanes declared total assets of P16.012 million and total liabilities of P9.506 million.

Sen. Francis Escudero, who held the poorest spot with P5.8 million net worth in 2015, moved up a notch with a P6.602 million net worth. He declared no liability.

The third poorest senator is neophyte Sen. Leila de Lima with a P6.617 million net worth. She declared total assets of P9.8 million and liabilities of P3.182 million.

Based on her SALN, De Lima has no declared real estate property. She has P190,946.62 in bank deposits.

The camp of Vice President Leni Robredo yesterday said her net worth dipped by around P2.1 million which she used to pay ted fees  for her counter-election protest against former senator Ferdinand “Bongbong” Marcos Jr. 

Robredo’s latest SALN showed she had P8,878,111.43 in net worth as of December 31, 2016. This was P2,175,026.57 less than the P11,053,138 she in June last year. 

Earlier this month, Robredo paid the P8 million cash deposit required of her by the Supreme Court (SC), acting as the Presidential Electoral Tribunal (PET), for her election counter-protest. She said she borrowed from relatives.

Robredo was required to pay  P15.44 million in two tranches, with the second tranche   to be paid not later than July 14.

Marcos paid the first installment required of him by the PET amounting to P36.02 million last April 17. He needs to pay another P30 million before the second deadline set by the PET.

According to the tribunal, the cash deposits would be used for the retrieval of the contested ballots in 163,000 precincts in the country. 

Robredo won over Marcos by 263,473 votes. – With Angela Lopez de Leon
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