Marcos spent P623 million for Halalan 2022, reports no personal funds used

Jauhn Etienne Villaruel, ABS-CBN News

Posted at Jun 07 2022 05:09 PM | Updated as of Jun 07 2022 05:58 PM

Then-presumptive President Ferdinand ‘Bongbong’ Marcos addresses the members of the media during a briefing at his campaign headquarters in Mandaluyong City on May 23, 2022. Jonathan Cellona, ABS-CBN News/File
Then-presumptive President Ferdinand ‘Bongbong’ Marcos addresses the members of the media during a briefing at his campaign headquarters in Mandaluyong City on May 23, 2022. Jonathan Cellona, ABS-CBN News/File

MANILA (UPDATE) — The camp of President-elect Ferdinand "Bongbong" Marcos, Jr. spent over P623 million to carry out his Halalan 2022 campaign that catapulted his family back to Malacañang. 

A portion of Marcos' Statement of Contribution and Expenditures (SOCE) seen by ABS-CBN News on Tuesday showed the camp incurred P623,230,176.68 expenses for the duration of the campaign period from Feb. 8 to May 7.

The document also indicated that some P371.7 million of the expenditures were paid out of cash contributions, while around P251.4 million were "expenditures incurred using in-kind contributions."

Expenditures paid out of personal funds or resources amounted to "P0.00", according to the SOCE. 

The document stated the Marcos camp received some P624.68 million in campaign contributions: P373.25 million in cash and P251.43 in kind. 

National candidates were only allowed to spend P674 million for their campaign, or P10 for each for 67.44 million registered voters.

Marcos Jr., 64, received more than double the votes of his nearest rival, outgoing Vice President Maria Leonor "Leni" Robredo. 

He ran his campaign on a theme of unity and making the nation rise again following the COVID-19 pandemic.