MANNY VILLAR:
The result of that research came out in this column a couple of weeks ago: documentary evidence—in the form of a death certificate, and a transfer certificate of title, and the senator’s Statement of Assets, Liabilities and Net Worth.
The first two documents strongly suggest that, indeed, the Villar family was certainly neither dirt poor nor even poor at all: at the time of his younger brother’s death, his family’s address (information provided by his father) turned out to be a one-and-a-half story house on a 560-sq m lot in the better side of Tondo, or rather Navotas. (My colleague in television, Arnold Clavio, was born and raised in Tondo, and he recalls visiting his “rich” relatives who lived in the same village where the Villars had their home.) It also turns out that little Danny Villar had actually died of leukemia—and even the richest family on earth would not have been able to prevent that death, because at the time (1962) there was no treatment for this illness (there still is none now, although medical advances have been made that would prolong the life of the victim).
The third set of documents shows that Senator Villar’s net worth had increased to more than 13 times its original value from the time he became a congressman in 1992 to 2008, when he was a senator (and became Senate president). Which would strongly suggest that the rise in his fortunes was closely connected to his government service.
The bottom line has to be obvious: Villar’s campaign ads have no basis in truth and in fact. (Source: Solita Monsod - Inquirer article)
GILBERTO TEODORO:
The networth of GIBO started to increases by the time he became congressman in the 1st district of Tarlac according to govt records of SALN (salary, assets, liabilities & netwrth)http://www.facebook.com/l.
http://www.youtube.com/wat
Teodoro (member of the House of Representatives 1998-2006, staff in the Office of the President in 2007, and defense secretary from 2008 to 2009) started with a net worth of P80.17 million in 1998, slid to P74.54 million in 2001, grew it to P102.62 million in 2005, and closed it at P232.43 million in 2008 owing to a surge in the value of interest in real estate “inheritance" in Sampaloc, Manila. In 1998, Teodoro reported having “interest in 11 lots" in Sampaloc, Manila.
REAL ASSETS
In 1998, Teodoro declared three real properties: a condominium unit in Makati that he said he purchased for P30 million, a residential house in Makati that he said he built for P10 million, and “interest in 11 lots" in Sampaloc, Manila that he valued at P14 million. His total real assets as of 1998 was P54 million.
Until 2004 or for six years’ running, Teodoro enrolled the same unchanged values for his real assets in his SALNs. But in 2005, he upped the values of the same three real properties thus: Makati condominium, P32.5 million; “interest in real estate" in Sampaloc, Manila, P26 million; Makati residential lot, P25 million, for a total of P83.5 million.
In 2007, his mathematics failed. Teodoro enrolled the total for the value of the same real assets at P100.97 million, even as he reported only the following details: Makati condominium, P32.5 million; interest in real estate in Sampaloc, Manila, P26 million; Makati residential lot, P25 million. (Note: In his 2007 SALN, Teodoro followed the new SALN form, which lists motor vehicles under “Real Properties and Vehicles," thus the higher sum of P100,970, but he did not explain the difference.)
A big surprise came in 2008, when Teodoro suddenly racked up the values of the same three real properties, albeit with still an erroneous total value. He reported this time that his Makati condominum unit was worth P39.98 million; interest in real estate in Sampaloc, Manila, P125.74 million; and the Makati residential lot, still P25 million. Teodoro’s SALN in 2008 reported a total value of the assets at P205.04 million.
CARS, CASH, STOCKS
Teodoro, meanwhile, owned the biggest amount of jewelry, staring with P10 million in 1992 and closing at P11.9 million in 2008.
The value of motor vehicles he owned charted a rise-fall path: from P3 million (same amount from 1998 to 2002), it tripled to P10.35 million in 2004, dipped by half to P4.3 million in 2005, quadrupled to P17.47 million in 2007, and rose further to P19.55 million in 2008.
As strange is the sudden surge in Teodoro’s stocks portfolio since 2007. In 1998, he first declared owning stocks valued at P5.20 million. He enrolled the same amount, to the last centavo, in the next seven years, or until 2005.
In 2007, though, Teodoro’s SALNs enrolled a bigger entry for “stocks (equity paid)" of P11.70 million. The next year, 2008, this grew further to P23.95 million.
The amount increased slightly to P9.9 million in 2002, but dipped sharply to P5.70 million in 2004, and on to P5.36 million in 2005. Curiously, again in 2007, Teodoro’s cash pile doubled to P10.06 million, before sliding back to P8.5 million in 2008.
GIBO and GMA shares the same increases in theior networth together with the congressman sons of GMA by the time they entered politics. (Source: Facebook account of John Lana)
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