As gov’t looks to seize assets, Napoles sells LA condo

The high-end apartment in Los Angeles under the name of Napoles' daughter Jeane is being sold for $1,475,000 or about P64 million

POSH LIVING. Online records show Jeane Napoles is the listed owner of a luxury apartment in the Ritz-Carlton, Los Angeles. Photo from Ritz-Carlton website

MANILA, Philippines – While the government is looking to seize unexplained assets and properties of individuals involved in the pork barrel scam, alleged mastermind Janet Lim Napoles appears to be selling at least one of her family’s properties already.

According to several real estate websites, Napoles is selling the luxurious Ritz-Carlton condominium unit in the heart of Hollywood in Los Angeles, California, for $1,475,000 or about P64 million.

The two-bedroom, 1,579 sq ft apartment – under the name of her youngest daughter, Jeane Napoles – is one of the Napoleses’ 4 properties in the United States.

READ: Napoles kin own P400M US properties

The Office of the Assessor, however, says the Ritz-Carlton unit is 1,610 sq-ft.

Online postings of Unit 37I says The Residences at LA Live where the unit is located, “have far surpassed its competitors and proven to be one of the most successful and desirable properties in Los Angeles.”

Interested buyers can take a look at the unit starting Friday, September 27. It is said to have a view of city lights, the city, and the swimming pool.

Also on Friday in Manila, Deputy Presidential Spokesperson Abigail Valte reiterated the government’s goals to recover assets and properties from guilty parties of the pork barrel scam.

She said aside from prosecution, that is one of the goals of the Inter-Agency Anti-Graft Coordinating Council, which is headed by the Ombudsman and tasked to probe the pork barrel scam.

Napoles is accused of conniving with lawmakers to channel their Priority Development and Assistance Fund (PDAF) to her bogus non-governmental organizations (NGOs) in exchange for hefty kickbacks.

She is said to own about 30 properties both here and abroad, although her reported income from her business is less than P1 million.

The Court of Appeals earlier ordered the more than 400 bank accounts of Napoles, her family, and dummies frozen.

The Bureau of Internal Revenue filed this week tax evasion charges against Napoles and her husband Jaime.

Rappler.com

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