World boxing champion and Rep. Emmanuel “Manny” Pacquiao of Sarangani province is the richest congressman with a P1.35 billion net worth, but that amount won’t be enough to cover his alleged liabilities to the Philippine government.
Pacquiao’s tax lawyer Tranquil Salvador made the disclosure in connection with the Bureau of Internal Revenue’s move in November 2013 freezing Pacquiao’s assets because of the boxing legend’s alleged failure to pay at least P2.2 billion of tax dues in years 2008 and 2009, both to the United States’ Internal Revenue Service and the BIR.
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