• Palace: SALN may disprove stolen wealth issue vs VP


    Malacañang on Thursday said Vice President Jejomar Binay’s Statement of Assets, Liabilities and Net Worth (SALN) may disprove allegations that the latter had amassed ill-gotten wealth.

    In a news conference, Presidential Communications Secretary Herminio Coloma Jr. reiterated the importance of the disclosure of government officials’ SALN as an avenue for transparency in government.

    He said while the Palace hopes the officials’ SALNs will be made readily available, the law of the land will prevail in the end.

    Coloma’s statements came after former Makati City Vice Mayor Ernesto Mercado alleged that the Vice President owns a 350-hectare “hacienda” in Rosario town in Batangas province that he estimated to cost P1.2 billion.

    Mercado said Binay used dummies to hide his wealth.

    He had presented aerial photos of the alleged estate on which sit three mansions, a pavilion and an air-conditioned piggery.

    Mercado’s move prompted the Senate blue ribbon sub-committee headed by Sen. Aquilino Pimentel 3rd to reiterate its invitation to the Vice President to attend its investigation.

    Malacañang again denied that it is behind the probe even if a member of the Cabinet has provided assistance to senators investigating the matter.

    Administration Sen. Antonio Trillanes 4th showed to the public pictures of him and Agrarian Reform Secretary Gil delos Reyes checking the vast farm that is supposedly owned by the Binay family in Rosario during a Senate hearing on the issue.

    “Like you [media], this is the first time we are looking at the video presentation of [Mercado],” Palace spokesman Edwin Lacierda said.

    “We can say categorically that we are not involved in any way [in it],” he added.

    Lacierda rejected insinuations that Interior Secretary Manuel Roxas 2nd, Binay’s possible rival in the 2016 presidential elections, is involved in pinning down the Vice President on the ill-gotten wealth issue.


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    1. Unqualified statements like Secretary Herminio Coloma Jr. about SALNs and what it may show is a very good example of “sending the wrong message.” Almost everyone knows the limitations of SALNs and that it can be manipulated.

      The Secretary knows this. If by any chance he doesn’t, there are serious problems with the presidents choice of men.

    2. So are you saying just by looking at his saln we will know if he is corrupt or not. What a joke, do you not think he might try to hide things he doesnt want us to know about. Like if he has dollar accounts. We cant just check them out because he has the bank secrecy law defending him. Just remember back a short while, didnt cj corona hide P180,000,000 in his dollar account because he didnt want the powers that be to know his net worth. Or maybe you believed him when he said no it isnt my money, i mean dont you know anyone who wants to put P180,000,000 in your bank account for you to look after it for them,. I think every single politician needs to be fully checked out, properly investigated for their wealth, & to have it proved it was all legally acquired.

    3. Eliseo Jr. P.Tenza on

      The statement of Herminio Coloma, that the SALN presented by VP Binay may disprove allegation that the VP amassed ill gotten wealth. This proves that malacanang is supporting VP Binay.
      Herminio Coloma, I ask you to go and take a look at the World Class, Green Parking Building built at the cost of P2.7 B. Go inside and outside and see if is not over priced. Malacanang, Open your eyes.
      I have totally lost trust in Malacanang and the leadership of Pres. Aquino. It really is Kaibigan, Kumpare’s welfare that is important to the President and not the welfare of the Philippines.