VP Sara Duterte No Declared Cash On Hand, Bank In SALNs From 2019 to 2024

SALNs of VP Sara Duterte indicated these factors.

VP Sara Duterte declared in her Statement of Assets, Liabilities, and Net Worth (SALNs) that she doesn’t have petty cash nor bank deposits.

Vice President Sara Duterte finally revealed her Statements of Assets, Liabilities, and Net Worth, or SALN. VP Duterte’s SALN has increased after assuming the vice presidency position in the government. She reported a steady increase in net worth based on her SALN filings from 2022 to 2024.

VP Sara Duterte

She started her term on June 30, 2022 with a net worth of PHP 71.06 million, including substantial real and personal properties, and a personal loan of PHP 3.75 million. By the end of 2022, her net worth slightly rose to PHP 71.66 million while her loan decreased.

In 2023, her net worth climbed further to PHP 77.51 million, driven by increases in both real and personal assets, alongside a reduced loan balance. By December 31, 2024, her net worth reached PHP 88.51 million, with notable growth in property and personal assets.

Despite the rise in assets, her liabilities increased after taking out an additional PHP 8 million loan, bringing her total liabilities to PHP 9.95 million.

In her documents, it showed that she had no cash on hand and cash deposits in 2019 and in the following years.

“From 2019 to 2024, not even a single peso in cash was declared?” Manila Rep. Joel Chua asked Ombudsman lawyer Karen Batu, who presented Duterte’s net worth statements since 2007, to which Batu replied, “Nothing was indicated.”

During the resumption of the House Committee on Justice hearing on the impeachment case against Duterte, Chua revealed that she had been jointly filing her SALNs with her husband, Manases Carpio.

Public officials are legally required to disclose their assets, liabilities, and net worth, along with their financial and business interests—including those of their spouses and unmarried children below 18.

SALNs have also been closely examined in the past as an initial step in establishing possible ill-gotten wealth.

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