Palace says report on Duterte and Sara’s undisclosed deposits ‘hearsay’

Dharel Placido, ABS-CBN News

MANILA - Malacañang on Monday dismissed as “hearsay” and “kwentong kutsero” a report by news organization VERA Files which said that President Rodrigo Duterte and his daughter, Davao City Mayor Sara Duterte failed to disclose as much as P100 million in joint deposits and investments, based on bank documents from 2006 to 2014.Presidential Spokesperson Harry Roque stressed that the bank documents gathered by VERA Files from which it based its report were not authenticated by the Bank of the Philippine Islands (BPI).He then challenged VERA Files to prove that the bank documents it obtained are authentic.<ul class="op-related-articles">	<li><a href="http://verafiles.org/articles/duterte-sara-fail-declare-p100m-investments-documents-show-1">Duterte, Sara fail to declare P100M investments, documents show</a></li></ul>“We cannot comment on hearsay. The reality is the law says bank statements are in fact confidential… How could I comment when the documents are not authenticated?” Roque said in a news conference.“Prove first that the statements are authentic. For now, [it is] kwentong kutsero.”VERA Files reported that Duterte and Sara had joint deposits and investments at the BPI that ranged from P58.83 million to as much as P106.58 million from 2006 to 2014.VERA Files said these amounts were not reflected in the SALNs of the two Dutertes during the said years.It said based on the documents, Duterte and Sara failed to declare in their SALNs P44.25 million to as much as P85.73 million a year from 2006 to 2014.<ul class="op-related-articles">	<li><a href="http://news.abs-cbn.com/news/05/12/17/dutertes-2016-net-worth-rises-to-p274-million">Duterte&#x27;s 2016 net worth rises to P27.4 million</a></li></ul>VERA Files said the data came from the bank documents provided by Senator Antonio Trillanes IV, who supposedly sourced them from the Anti-Money Laundering Council and submitted to the Senate on Oct. 3 after delivering a privilege speech saying the Chief Executive had more than P2.2 billion in questionable bank transactions.<ul class="op-related-articles">	<li><a href="http://news.abs-cbn.com/news/09/28/17/sara-duterte-welcomes-ombudsman-probe-on-family-wealth">Sara Duterte welcomes Ombudsman probe on family wealth</a></li>	<li><a href="http://news.abs-cbn.com/news/02/16/17/sara-duterte-vows-to-give-away-p121-m-if-trillanes-can-prove-it">Sara Duterte vows to give away P121-M if Trillanes can prove it</a></li></ul>Duterte and Sara have repeatedly maintained that Trillanes’ documents are falsified and his allegations unfounded.

Malacañang on Monday dismissed as “hearsay” and “kwentong kutsero” a report by news organization VERA Files which said that President Rodrigo Duterte and his son, Davao City Vice Mayor Sara Duterte failed to disclose as much as P100 million in joint deposits and investments.

Malacañang on Monday dismissed as “hearsay” and “kwentong kutsero” a report by news organization VERA Files which said that President Rodrigo Duterte and his son, Davao City Vice Mayor Sara Duterte failed to disclose as much as P100 million in joint deposits and investments.

Palace says report on Duterte and Sara’s undisclosed deposits ‘hearsay’ | ABS-CBN

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Palace says report on Duterte and Sara’s undisclosed deposits ‘hearsay’

Palace says report on Duterte and Sara’s undisclosed deposits ‘hearsay’

Dharel Placido,

ABS-CBN News

Published Jan 22, 2018 01:12 PM PHT

|

Updated Jan 22, 2018 01:22 PM PHT

Read More:

vera files

sara duterte

rodrigo duterte

duterte bank accounts

corruption

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