'Hidden' properties were used for flower business: Abby Binay


Posted at Feb 19 2015 10:27 AM | Updated as of Feb 20 2015 12:08 AM

MANILA - The daughter of Vice-President Jejomar Binay on Thursday denied that her father has hidden real estate properties that were not included in his statement of assets, liabilities and net worth for 2013.

Makati Rep. Abigail Binay said six of the eight "undeclared" properties featured in an ABS-CBN report are actually under the flower business of her mother, Dra. Elenita Binay.

She said her father could not declare the properties in Calamba, Laguna in his SALN because it would cause a double entry.

"Yung anim na lote na nasa Laguna ay nakadelare po sa business interest na negosyo ng aking nanay na flower business nung 1990.
Ginagamit po siyang nursery," she said.

"Kapag inilagay sa properties niya mag do double entries po...Declared po yung anim na lote."

She said the six lots are actually one big lot with six separate titles.

On the other hand, she said two other "undeclared" properties in Barangay Liyang, Pilar, Bataan were clustered and declared in the 1990s.

She said her father purchased all eight properties for only P2 million. She also noted that it is always the acquisition cost, and not fair market value, that should be reflected in the SALN.

The congresswoman said she will provide ABS-CBN the financial statements of her mother's business.

An ABS-CBN report earlier identified 8 properties not included in the vice-president's 2013 SALN. These are:

1. Brgy. Liyang, Pilar, Bataan (lot) T-146413- 1,206 sq. m.
2. Brgy. Liyang, Pilar, Bataan (lot) T-144458- 1,021 sq. m.
3. Brgy. Bagong Kalsada, Calamba City (lot) T-220726- 457 sq. m.
4. Brgy. Bagong Kalsada, Calamba City (lot) T-220727- 457 sq. m.
5. Brgy. Bagong Kalsada, Calamba City (lot) T-220728- 881 sq. m.
6. Brgy. Bagong Kalsada, Calamba City (lot) T-220729- 879 sq. m.
7. Brgy. Bagong Kalsada, Calamba City (lot) T-220730- 518 sq. m.
8. Brgy. Bagong Kalsada, Calamba City (lot) T-220731- 494 sq. m.

Records of the Pilar Municipal Assessor's Office show that in 1991, Vice President Binay had a resthouse built in a 1,000-square-meter land in Barangay Liyang in the town of Pilar, Bataan.

But until time took its toll on the once well taken care of resthouse, the said property and even the lot where it was constructed never appeared in the detailed SALNs of Vice President Binay from 1999 to 2013 when he was still mayor of Makati City until he was elected vice-president of the Philippines.

Another tax declaration acquired by ABS-CBN also shows that a nearby lot is also under the name of the vice-president.

This was also not reflected in his SALN.

The only property of VP Binay in Bataan listed in his SALN is an agricultural lot in the town of Mariveles in Barangay Liang Pilar, purchased in 1965.

ABS-CBN tried to locate the property but failed to find it.

The Mariveles Municipal Assessor's Office told the news team that there is no barangay named Liyang Pilar in Mariveles. Instead, ABS-CBN was able to trace Binay's property in Barangay Alas-asin in Mariveles.

Meanwhile, the Binay couple also acquired another property in Balaytigue, Nasugbu, Batangas.

The property was bought in 1996 but only appeared in Binay's 2007 SALN. With reports by Carolyn Bonquin, ABS-CBN News, and Umagang Kay Ganda