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Cusi dethrones Villar as richest Cabinet member; restrictions to full SALN disclosure formalized in nearly all branches

Bethina Farin, Dave Abuel, and Che de los Reyes, ABS-CBN Investigative & Research Group
Updated as of Nov 06 11:03 PM

Energy Secretary Alfonso Cusi has dethroned Public Works Secretary Mark Villar as the richest member of the Duterte cabinet in 2019.  Read more »

No 'conscious effort' to conceal Duterte wealth: Palace

Gillan Ropero, ABS-CBN News
Posted at Nov 04 12:04 PM

There is no "conscious effort to conceal" President Rodrigo Duterte's wealth, his spokesman said Wednesday. Read more »

Goldman Sachs agrees to largest penalty ever in 1MDB scandal

Agence France-Presse
Posted at Oct 23 08:46 AM

Global financial titan Goldman Sachs agreed to pay $2.9 billion in penalties to settle criminal charges in the 1MDB Malaysian bribery scandal, the largest US fine ever in a corruption case, the Justice Department announced Thursday. Read more »

Duterte's SALNs secret; PCIJ shows wealth disclosures of all presidents since Cory

Karol Ilagan and Stanley Buenafe Gajete, PCIJ
Updated as of Oct 19 07:17 AM

For the past 30 years, the Office of the Ombudsman has made readily available the wealth disclosures of Philippine presidents and other government officials. Until now. Read more »

Laws governing wealth disclosure

Karol Ilagan, Philippine Center for Investigative Journalism
Updated as of Oct 19 01:38 AM

There are three laws that govern the filing of the statement of assets, liabilities and net worth or SALN: Republic Act (RA) 3019 (Anti-Graft and Corrupt Practices Act), the 1987 Constitution, and RA 6713 (Code of Conduct and Ethical Standards for Public Officials and Employees).   Read more »

A citizen’s guide to where and how to get a SALN

Karol Ilagan and Rex David Morales, PCIJ
Posted at Oct 19 01:10 AM

By law, actual copies of SALNs should be open for public inspection at reasonable hours or available for copying after 10 working days from the time they are filed. Read more »

What’s in a SALN anyway?

Karol Ilagan, Philippine Center for Investigative Journalism
Posted at Oct 19 01:04 AM

By law, SALNs must contain detailed information on an official’s real and personal properties, loans and other liabilities, and net worth as well as business interests, financial connections and relatives in government.   Read more »

Billionaires' riches reach record highs during pandemic

Agence France-Presse
Updated as of Oct 08 07:53 AM

By the end of July, the cumulative wealth of billionaires stood at around $10.2 trillion, according to a study conducted by Switzerland's biggest bank UBS and accounting giant PricewaterhouseCoopers. Read more »

Billionaire wealth reaches new high during COVID-19 pandemic - UBS

Reuters
Posted at Oct 07 10:57 AM

Billionaire wealth reached record high levels amid the COVID-19 pandemic, a report by UBS and PwC found, as a rally in stock prices and gains in technology and healthcare helped the wealth of the world's richest break the $10 trillion mark.   Read more »

PCGG yet to recover almost P100 billion of Marcos' ill-gotten wealth — lawmaker

RG Cruz, ABS-CBN News
Posted at Oct 06 04:29 PM

The Presidential Commission Good Government (PCGG) has yet to recover some P99.6 billion worth of the Marcos family's alleged ill-gotten wealth, a lawmaker said.  Read more »

Imee Marcos wants more funds for Sandiganbayan: 'Lumolobo 'yung caseload nila'

Jauhn Etienne Villaruel, ABS-CBN News
Updated as of Sep 24 08:48 PM

Senator Imee Marcos on Thursday lambasted the Department of Budget and Management (DBM) for reducing the anti-graft court's budget for 2021 amid "bloating cases" against corrupt officials.    Read more »

No coordination between Ombudsman, PCGG on Marcos ill-gotten wealth cases: Martires

RG Cruz, ABS-CBN News
Posted at Sep 22 08:27 PM

Ombudsman Samuel Martires admitted to the House Appropriations Committee today that there is no coordination between his office and the Presidential Commission on Good Government regarding the ill gotten wealth cases against the family of dictator Ferdinand Marcos. Read more »

Akbayan: Don’t allow Marcos kin to ‘steal’ history

ABS-CBN News
Posted at Sep 20 12:49 PM

The Akbayan Citizens’ Action Party urged Filipinos to reject efforts by former president Ferdinand Marcos’ family to “paint a rosy picture” of the dictator’s two-decade regime, a day before the country marks the 48th year since the late strongman declared martial law. Read more »

Pagbusisi sa yaman ng mga opisyal mas pahirapan dahil sa limitasyon sa SALN

ABS-CBN News
Posted at Sep 15 07:39 PM

Maaalalang ilang public official na ang napatalsik o nakasuhan dahil sa nasilip na hindi tugmang yaman ng mga ito sa kanilang SALN. Read more »

Vice President Robredo's net worth at P3.5 million in 2019

Davinci Maru, ABS-CBN News
Posted at Sep 15 06:54 PM

Vice President Leni Robredo's net worth increased to P3.5 million in 2019, according to her latest Statement of Assets, Liabilities and Net Worth (SALN).   Read more »

Former Malian officials return dozens of luxurious vehicles

Agence France-Presse
Posted at Sep 11 08:00 AM

BAMAKO, Mali - Malian ministers and MPs who acquired government limousines and four-wheel-drive cars under ousted president Ibrahim Boubacar Keita have hastened to hand back the vehicles after the new military rulers requested their return. Read more »

Malaysia drops 1MDB charges against Goldman Sachs

Agence France-Presse
Posted at Sep 04 12:21 PM

Malaysia has dropped criminal charges against Goldman Sachs over its role in the 1MDB scandal, a lawyer for the bank said Friday.    Read more »

Italy's jet-set hit by 'Emerald Coast curse'

Ljubomir Milasin, Agence France-Presse
Posted at Sep 04 07:53 AM

ROME, Italy - Fiercely opposing restrictions imposed by Rome after the coronavirus pandemic hit Italy, some of the country's super-rich including ex-premier Silvio Berlusconi have now fallen prey to the COVID-19 "curse of the Emerald Coast." Read more »

World's biggest wealth fund posts record gains, losses amid pandemic

Agence France-Presse
Posted at Aug 19 05:17 AM

OSLO - Norway's sovereign wealth fund, the world's biggest, posted both record quarterly gains and losses in the first half, yo-yoing on market volatility during the COVID-19 pandemic. Read more »

Supercars and champagne: Bangkok's rich purr through pandemic

Aidan Jones, Agence France-Presse
Posted at Aug 10 07:12 AM

As the coronavirus brought the global economy to its knees, Thai businessman Yod decided to buy himself an $872,000 treat -- a lime-green Lamborghini. Read more »