SALN: Yap, Aumentado richest, poorest among 3 Bohol solons

Bohol Third District Rep. Art Yap has been considered as the richest congressman in the province while Second District Rep. Erico Aristotle “Aris” Aumentado has ranked as the poorest lawmaker among the three district solons in Bohol, according to the latest Statement of Assets, Liabilities, and Net Worth (SALN) data obtained by The Bohol Tribune.

First District Rep. Rene Lopez Relampagos, meanwhile, is the second richest congressman in Bohol, with a net worth of P29,805,143.39, after deduction of his liabilities pegged at P1,707,691.86 from a total asset of P31,512,835.25.

Relampagos landed as the 144th richest solon at the lower House. The wealth of Relampagos is nearly as much as that of Rep. Carlito Marquez of the Lone District Aklan, with a net worth P29,805,974,22 and Napoleon Dy of the Third District of Isabela, with a total net worth of P29,270,400.32.

Congressman Yap, on the other hand, has a total asset of P47,700,400 – and P16-million liabilities, resulting in a net worth of P31,700,400.80.

Yap occupied the 135th place for the richest congressman, out of the 294 members of the House of Representatives, and at least P200,000 poorer than Lord Allan Jay Velasco of the Lone District of Marinduque, who has a net worth of P31,513,622.99. Vincent “Bingbong” Crisologo of the First District of Quezon City ranked as the 134th richest congressman, with a total net worth of P32 million.

Down the bottom of the ranking of the richest congressman, at 267th place, is Second District Rep. Aumentado, with a net worth of P5,345,861.23, tallied from his total assets pegged at P9,986,600 and liabilities at P4,536,738.77.

Nearly at an equal rank of Aumentado are Erlpe John Amante of the 2nd District of Agusan del Norte, with a net worth of P5,970.000, at the 266th place – and  Eugene Michael De Vera, of ABS Party-list, at 268th place, with P5,173,354.01 net worth.

Based on the compilation of all the lawmakers’ 2016 SALN, these are the top 10 richest lawmakers in the country, with their corresponding net worth:

  1. Michael Odylon Romero (1-Pacman Party-list): P7,009,588,018
  2. Emmeline Aglipay-Villar (DIWA Party-list): P1,409,149,497
  3. Alfredo Abelardo Benitez (Third District Negros Occidental): P942,964,471
  4. Imelda Marcos (Second District Ilocos Norte): P917,800,000
  5. Feliciano Belmonte Jr. (Fourth District Manila): P852,132,586
  6. Virgilio Lacson (Manila Teachers Party-list): P768,824,757
  7. Bayani Fernando (First District Manila): P738 Million
  8. Vilma Santos-Recto (Sixth District of Batangas): P522,616,452
  9. Antonio Floirendo Jr. (First District of Davao del Norte): P491,710,128
  10. Yedda Marie Romualdez (First District of Leyte): P477.9 Million

SALN is a declaration of assets (i.e., land, vehicles, etc) and liabilities (i.e., loans, debts, etc), including business and financial interests, of an official/employee, of his or her spouse, and of his or her unmarried children under 18 years old still living in their parents’ households, according to the Official Gazette of the Philippine Government.

The submission of a SALN is required by law under Article XI Section 17 of the 1987 Constitution and Section 8 of Republic Act No. 6713, the “Code of Conduct and Ethical Standards for Public Officials and Employees,” it explained.

Under Article XI, Section 17 of the 1987 Philippine Constitution, it states that “a public officer or employee shall, upon the assumption of office and as often thereafter as may be required by law, submit a declaration under oath of his assets, liabilities, and net worth.” (Ligalig Mike)

 

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