Ombudsman's, COA chief's, Comelec chair's net worth increase by millions in one year

ABS-CBN News

Posted at May 17 2017 05:26 PM | Updated as of Aug 08 2017 05:00 PM

The chiefs of the Office of the Ombudsman, Commission on Audit, and Commission on Elections have grown richer by several millions between 2015 and 2016, based on their latest Statements of Assets, Liabilities, and Net Worth (SALN).

OMBUDSMAN CONCHITA CARPIO MORALES

Ombudsman Conchita Carpio-Morales' net worth went up by at least P2 million between 2015 and 2016.

Based on the Ombudsman's latest SALN, her net worth climbed to P54.13 million in 2016 from P52.10 million in 2015.

The increase was attributed to an additional P2.02 million in her "cash investments."

Morales' latest SALN showed that she did not buy any property recently, and has no liabilities from loans.


COA CHAIR MICHAEL AGUINALDO

Commission on Audit Chair Michael Aguinaldo's net worth grew by almost P4.5 million pesos in a span of one year.

As of December 2016, Aguinaldo's net worth was pegged at P51.07 million, P4.48 million up from his P46.58 million net worth in 2015.

Aguinaldo's declarations showed that his real estate assets' value went up by P2 million, while his personal assets increased after he bought a Mitsubishi Strada worth P980,000.

The COA chief's bonds and mutual funds also grew by P2 million, while his other investments went up by P387,000 in one year.

Aguinaldo's liabilities meanwhile increased to P2.27 million in 2016 from P1.83 million in 2015.


COMELEC CHAIR ANDRES BAUTISTA

Commission on Elections Chair Andres Bautista's net worth increased by P6 million in one year.

Bautista's latest SALN showed that the Comelec chair has a net worth of P176,300,000 as of December 2016, P6 million higher than his P170,300,000 declared net worth in 2015.

"It's mainly an increase in the market value (of my properties) and also because of interests and dividends earned," Bautista told ABS-CBN News in a phone interview.

Among Bautista's real estate properties are residential lots in Cavite, Laguna, and Rizal. He also declared owning condominium units in developments in Mandaluyong and Bonifacio Global City in Taguig.

The Comelec chief's real estate assets were valued at to P158.5 million, while his personal property including cars, jewelry, insurance, shares, and deposits amounted to P83.3 million.

"It's important to note that no new cars, jewelry, and other properties have been acquired," Bautista added.

Bautista's loans and amortization amounted to P65.5 million, P10.5 million higher than his obligations last year.

"Instead of borrowing from the banks, I just borrow from relatives because the interest is lower," he said.

Bautista said he has no immediate relatives working in government.

Bautista's SALN was among the first disclosures released by the Office of the Ombudsman this year.