Kapunan: Poll chief signatory in loan from Hong Kong company


Posted at Aug 15 2017 10:59 PM

MANILA - Commission on Elections Chairman Andres Bautista is a signatory in a loan document from a Hong Kong company, the legal adviser of her estranged wife said Tuesday.

Asked if it is true that Bautista's mother signed a $500,000 loan from a Hong Kong company, Atty. Lorna Kapunan said: "We have those loan documents. The documents will speak for themselves. There is a signature as well of the chairman."

"Even SALN (statement of assets, liabilities, and net worth) should disclose loans. Part of the disclosure s not only your investments; they include loans. Chairman Andy is a signatory. We don’t know if he’s the one who loaned using the mother’s name," she told ANC's Headstart.

Bautista declined to comment and said issues should be settled in court.

"As I said before, let us settle these matters in court, not in the media," he said.

Bautista is accused by his wife Patricia, of failing to declare in his SALN some P1.2 billion, as indicated by the documents she discovered in their conjugal home.

The election chief, however, denied the allegations and said the wealth came from earnings of his family's investments

His brother, Martin, flew in from the United States where he practices gastroenterology, to defend him, vowing that their family "can account for every peso" in the documents Patricia has.

Kapunan, however, alleged that Martin only implicated several members of their family in possible law violations in his televised interview.