what is the source of Villar and Gibo's Wealth?

[dcr15]

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Top bets for president grow wealth despite poll expenses Philippine Center for Investigative Journalism

PCIJ’s extensive inquiry into the wealth of Benigno Simeon Cojuangco Aquino III, Jose Marcelo Ejercito (Joseph Estrada), Richard Juico Gordon, Gilberto Cojuangco Teodoro Jr., and Manuel Bamba Villar Jr. yielded curious results.

". tendency by some for token compliance with the law on SALNs, a serious obligation of good governance on those who will serve as President. . . . . or did not disclose other assets and business and financial interests in their name or that of their spouse and family members that are registered with the Securities and Exchange Commission (SEC).

So guys, here it is, the net worth of our presidentiables.

Net Worth:

aquino: P13.94m (2007)
gordon: P 26.52 (2007)

Teodoro: 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.

Villar: Started with a net worth of P75.43 million in 1992, grew it to PP319.92 million in 1996, P481.5 million in 2002, P759.82 million in 2005, and closed it at P1.05 billion in 2008.


Assets:

Teodoro: Makati condo unit worth P39.98 million;
Real estate in Sampaloc, Manila, P125.74 million;
Makati residential lot, P25 million.
Total value of the Real assets at P205.04 million.
Jewelry at P11.9m

Villar (Dec. 2007) P19.52 million. ( the laurel house along should worth 40m at least)

Most transparent
Of the five candidates, Gordon is the most detailed and forthcoming in his SALN declarations. ( for gordon on this aspect)

Teodoro, cars worth P19.55 million in 2008.

Strange is the sudden surge in Teodoro’s stocks portfolio since 2007. In 1998-2005, stocks valued at P5.20 million. In 2007, rose to P11.70 million. In 2008, grew to P23.95 million.

Curiously, again in 2007, Teodoro’s cash pile doubled to P10.06 million, before sliding back to P8.5 million in 2008.

Villar, is the stingiest with details offered in his SALNs.

Value of his stocks : P208,684,740.

What has fattened enormously is Villar’s cash pile. The “cash on hand and in bank” of Villar tripled from P33.6 million in 1995 to P125.5 million the next year. The 1996 total doubled to P274.9 million in 2002.

Villar gave no details of his cash on hand and in bank from 2003 to June 2007.
In December 2008, he reported that his “total other properties” P818.45 million, or about 80 percent of his total net worth of P1.05 billion in 2008.

PCIJ requested copies of his 2003 and 2006 SALNs four months ago. Teodoro had not replied since.

So the big question, how come that Teodoro and Villar, who have been working in goverment since 1998 and 1992 have incomes rivaling those of full-time businessmen?

Villar has been in government since 1992. We know he has businesses, but as government officials, you are supposed to keep your hands off from running such businesses.

Teodoro has been in government since 1998. from 1995-1997, he was in harvard. So in theory, it was only during his time as dandings lawyer from 1990-1995 that he earned his cash.

So, guys, you be the judge, have these people been working for the people or working for themselves?

If working governmenet makes you earn hundred of millions or billions, no wonder these two guys are spending so much money to be elected president.

Judge for yourself. read the number and decide.

[hulagway]

bang sauna si villar ra karon g apil napud si gibo..hahahaha,,,,

[hulagway]

bang unya wala g question hain na ang pork barrel ni noynoy..9 yeras in congress..hahahahah,,one sided napud,,hahahahaha

[networkguy]

Top bets for president grow wealth despite poll expenses Philippine Center for Investigative Journalism

PCIJ’s extensive inquiry into the wealth of Benigno Simeon Cojuangco Aquino III, Jose Marcelo Ejercito (Joseph Estrada), Richard Juico Gordon, Gilberto Cojuangco Teodoro Jr., and Manuel Bamba Villar Jr. yielded curious results.

". tendency by some for token compliance with the law on SALNs, a serious obligation of good governance on those who will serve as President. . . . . or did not disclose other assets and business and financial interests in their name or that of their spouse and family members that are registered with the Securities and Exchange Commission (SEC).

So guys, here it is, the net worth of our presidentiables.

Net Worth:

aquino: P13.94m (2007)
gordon: P 26.52 (2007)

Teodoro: 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.

Villar: Started with a net worth of P75.43 million in 1992, grew it to PP319.92 million in 1996, P481.5 million in 2002, P759.82 million in 2005, and closed it at P1.05 billion in 2008.


Assets:

Teodoro: Makati condo unit worth P39.98 million;
Real estate in Sampaloc, Manila, P125.74 million;
Makati residential lot, P25 million.
Total value of the Real assets at P205.04 million.
Jewelry at P11.9m

Villar (Dec. 2007) P19.52 million. ( the laurel house along should worth 40m at least)

Most transparent
Of the five candidates, Gordon is the most detailed and forthcoming in his SALN declarations. ( for gordon on this aspect)

Teodoro, cars worth P19.55 million in 2008.

Strange is the sudden surge in Teodoro’s stocks portfolio since 2007. In 1998-2005, stocks valued at P5.20 million. In 2007, rose to P11.70 million. In 2008, grew to P23.95 million.

Curiously, again in 2007, Teodoro’s cash pile doubled to P10.06 million, before sliding back to P8.5 million in 2008.

Villar, is the stingiest with details offered in his SALNs.

Value of his stocks : P208,684,740.

What has fattened enormously is Villar’s cash pile. The “cash on hand and in bank” of Villar tripled from P33.6 million in 1995 to P125.5 million the next year. The 1996 total doubled to P274.9 million in 2002.

Villar gave no details of his cash on hand and in bank from 2003 to June 2007.
In December 2008, he reported that his “total other properties” P818.45 million, or about 80 percent of his total net worth of P1.05 billion in 2008.

PCIJ requested copies of his 2003 and 2006 SALNs four months ago. Teodoro had not replied since.

So the big question, how come that Teodoro and Villar, who have been working in goverment since 1998 and 1992 have incomes rivaling those of full-time businessmen?

Villar has been in government since 1992. We know he has businesses, but as government officials, you are supposed to keep your hands off from running such businesses.

Teodoro has been in government since 1998. from 1995-1997, he was in harvard. So in theory, it was only during his time as dandings lawyer from 1990-1995 that he earned his cash.

So, guys, you be the judge, have these people been working for the people or working for themselves?

If working governmenet makes you earn hundred of millions or billions, no wonder these two guys are spending so much money to be elected president.

Judge for yourself. read the number and decide.

Oh torni I thought you are only interested of fighting Villar, kuyawan jud mo ni Gibo sa? Kani kang Gibo humana man ni niya gitubag.

[messy_meh]

nibalik lage si atorni. welc0me back atorni. hehehe. human na man na gitubag ni gibo.

[leo_trams]

Villar has discovered that if you are a businessman, you earn bigtime.
Then he realized that his bigtime earnings as a businessman can multiply nth time when he is in government.

Kaya ayaw na nyang bumalik sa pagka businessman...maliit lang kasi ang kita ng businessman.


.

[dcr15]

nope, Gibo did not answer it clearly. he only made reference to his dads inheritance, who died in 2007.

in 1998, teodoro already had P80m. hmm, worked only for 5 years, from 1990-1995. studied in harvard from 1995-1997 right? correct me if I am wrong.

so sweldo niya from 1990-1995 working as dandings lawyer is what, 30M a year? assuming he will spend 10m a year each and has a net worth of 20m each year.

wow!!!!!

so what is really the source of Gibo's wealth.

[anelger]

I think one sided ra kaayo..... You don't have the right to question their wealth coz they deserve! That was the product of their hardship. Good for us now we know their wealth rather than knowing once they sit down on the position. Once they will be in position then anha na ipakita ang ila wealth ISSUE dayon! faet!

[hulagway]

bang basin naa napud ni mansion si gibo ha mugawas ha..

[hulagway]

na pasadi nalang na ninyo masirisiri nana ug pangita ug balck props...mao mana ila bago nga memo...guerrilla tactics..hahahah..