LP spent P241-M in May polls

Pia Gutierrez, ABS-CBN News

Posted at Jun 14 2016 11:49 AM | Updated as of Jun 14 2016 01:58 PM

MANILA - Six days after the deadline, the Liberal Party has finally submitted its own Statement of Contributions and Expenditure to the Campaign Finance Office of the Commission on Elections.

The Liberal Party submitted five boxes of documents to the CFO.

The acceptance of the SOCEs was ministerial. This means that the CFO took in the documents without evaluating its merits. This is because the Comelec's full bench has yet to decide whether or not to grant the request of the Liberal Party to extend the deadline for submission to 14 more days.

The poll body has earlier maintained that there will be no extension of the deadline.

According to Republic Act 7166 and Section 5 of Comelec Resolution 9991, winning candidates elected to any public office nominated by parties shall not enter upon the duties of their office until the party has filed its own Statements of Contributions and Expenditures.

According to the SOCE of the LP, the party spent 241 million pesos for the 2016 elections. Sixty million pesos of expenditures were paid out of party funds through existing or member contributions, while P181 million came from other sources or donations from non-members.

The Liberal Party joins the Pwersa ng Masang Pilipino and Aksyon Demokratiko Party in the list of National Political Parties which failed to submit their SOCE.

The LP staff who submitted the papers confirmed that the SOCE of LP standard bearer Mar Roxas was not included in the documents. Roxas is the only presidential candidate who failed to submit his SOCE on time.