SUMMARY
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MANILA, Philippines – President Benigno Aquino III’s wealth was steady at P65.13 million in 2012, a couple thousands less than the level he declared in his Statement of Assets, Liabilities and Net Worth, or SALN, in 2011.
He did not acquire a new property and remained liability-free in 2012.
The inherited house and lot in Quezon City accounted for bulk of his real estate assets, which reached P32.16 million.
After he selling his Porsche car 6 months after he bought it in 2011, his non-property assets in 2012 stayed steady at P29.4 million.
Below is the breakdown of wealth as declared in his SALN in the past 3 years:
ASSET | Year acquired mode of acquisition |
2010 | 2011 | 2012 |
Residential house and lot (Quezon City) |
1984 & 2010, inherited | P14,221,469 | P24,310,760 | P24,310,760 |
Commercial lot (San Juan City) |
2010, inherited | P7,016,906 | P7,016,906 | P7,016,906 |
Residential lot (Tarlac City) |
1997, purchased | P718,200 | P718,200 | P718,200 |
Agricultural land (Tarlac City) |
1987, purchased | P113,750 | P113,750 | P113,750 |
Agricultural land (Capas, Tarlac) |
1979, inherited | P2,818 | P2,818 | P2,818 |
Motor vehicles |
P8,700,000 | P4,200,000 | P3,000,000 | |
Cash on hand and in banks |
P6,223,704 | P26,215,001 | P27,413,341 | |
Receivables |
P17,031,484 | P552,829 | P552,829 | |
Other assets |
P1,200,000 | P2,000,000 | P2,000,000 | |
Tax payables |
(P228,961) | – | – | |
TOTAL NET WORTH | P54,999,370 | P65,130,264 | P65,128,604 |
The deadline of filing of annual SALN was on April 20.
Aquino’s SALN, as well as those of Vice President Jejomar Binay and heads of constitutional offices, were to be filed at the National Ombudsman office. – Rappler.com
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