The net worth of 9 representatives more than doubled in 2017

Posted 1:55 PM, July 16, 2018

Updated 2 : 01 PM, July 16, 2018 [19659004] SALNS. The House of Representatives publishes a summary of the states of assets, liabilities and net worth of legislators for 2017. Photo of file by Darren Langit / Rappler "data-parentid =" "/>

SALNS. The House of Representatives publishes a summary of the states of assets, liabilities and net worth of legislators for 2017. File photo by Darren Langit / Rappler

MANILA, Philippines – The net worth of 9 representatives of the House has more than doubled in 2017 compared to 2016, according to their statements of assets, liabilities and net worth (SALN).

Percentage increase of Vicente Sofronio Veloso, representative of the 3rd district of Leyte, with a jump of 827%, from 24.6 million in 2016 to 228 million in 2017.

Representatives whose net worth jumped 100% in 2017 were: 19659009] Representative Net worth 2017 [19659008] Net worth 2016 % increase Vi Sofronio Veloso
(Leyte 3rd District) P228,001,796.65 P24,600,385.84 826.82 Abigail Faye Ferriol Pascual
(Kalinga) P4,539,423.76 ] P672,050.88 575,46% Seth Frederick Jalosjos
( Zamboanga del Norte 1st District) P55,459,676.00 P14,906,676.00 272.05% [19659016] Gabriel Edge Teen Jr
(Camarines On 3rd District) P563,445.19 P179,017.71 214.74% Juan Pablo Bondoc
( Pampanga 4th District) [19659013] P426, 599 667.23 P143,865,711.77 196.53% Frederick Siao
(Isolated District of Iligan City) P45 374 119.00 P20 373 326.00 122.71% Marlyn Alonte Naguiat
(The only district in the city of Biñan) P37,369,342.26 P16,858,896.00 ] 121.66% Jerry Treñas
( Iloilo Autonomous District of the City) P59,583,832.00 P27,292,779.00 118.31% Francisco José Matugas II [19659022] District of Surigao del Norte 1st) P6,762,000.00 The richest of the nine is the representative of the 4th district of Pampanga, Juan Pablo Bondoc, who declared a net worth of 426.6 million pesos, up almost 200% from 143.9 million Philippine pesos. In 2016, he was the 12th richest of the House in 2017.

Bordado and Pascual were respectively the 2nd and 4th poorest representatives in 2016. Due to their increase in wealth in 2017, Bordado became the 3rd House Least rich In total, 248 representatives saw their wealth increase in 2017, while 38 had a lower net worth than in 2016.

The representative of Anakpawis, Ariel Casilao, recorded the largest decline in value net, with a decline of 78% from 5.05 million pesos in 2016 to 1.1 million pesos in 2017. He was the fifth poorest member in 2017.

Four declared the same net worth in 2017 than the year before: [19659063] Rolando Andaya Jr, Camarines On 1st District – P45.65 million

Arnel Ty, LPGMA – P18.08 million

Allen Jesse Mangaoang, isolated district of Kalinga – P. 8.91 million

Makmod Mending Jr, Anak Mindanao (Friend n) – P3.23 million

The richest and poorest representatives in 2017 remained the same as in 2016. Michael Odylon "Mikee" Romero of 1-Pacman party reported a net worth of 7 , 29 billion pesos in 2017. On the other hand, the representative of Kabataan Sarah Jane Elago was the least rich, with 75 800 pesos

Four were not included in the summary report of the 2017 SALN deputies. Among them, two died: the Representative of the Mountain Province Maximo Dalog and the Representative of Batanes Henedina Abad.

Amin Sitti's Representative Djalia Turabin Hataman resigned in October 2017, while Kabayan Representative Harry Roque was appointed presidential spokesman later this month. two legislators were not in the list of 2016. Ciriaco Calalang and Bai Amihilda Sangcopan were sworn in January 2018 as new representatives of the party list, replacing Roque and Hataman, respectively. – Rappler.com