AMLC records indicate VP Sara Duterte is billionaire, Rep. Chua claims

Manila 3rd District Rep. Joel Chua said Anti-Money Laundering Council (AMLC) official records raise serious questions about Vice President Sara Duterte's true financial standing. He described her as a billionaire based on these government documents previously beyond public scrutiny. Chua questioned the sources of these funds and their regular receipt.

Manila 3rd District Rep. Joel Chua said, "The truth has been revealed, our Vice President is a billionaire. It is an undisputed fact – not based on mere testimony, but on official documents and government records that, until now, have remained beyond public scrutiny."

He stressed that the magnitude and frequency of transactions in the AMLC documents cannot be brushed aside. "The only question that must be answered is simple but fundamental: who gave her money of this magnitude, and why was she receiving such amounts regularly?" Chua said.

Chua pointed to non-disclosure issues, citing inconsistencies between AMLC findings and Duterte’s statements of assets, liabilities and net worth (SALNs). He challenged claims that the funds came from legitimate business, noting Securities and Exchange Commission (SEC) records show tied companies as bankrupt or not generating sufficient earnings. He suggested verifying tax records from the Bureau of Internal Revenue (BIR), calling it a matter of accountability and possible unexplained wealth.

Duterte counsel Sheila Sison said the AMLC report and cited documents are not part of the two impeachment complaints against the vice president. She questioned the House committee on justice proceedings.

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The House justice committee deferred opening a sealed box containing tax records of Vice President Sara Duterte and her husband Manases Carpio, presented by the Bureau of Internal Revenue during an impeachment hearing on April 22. In a 21-4 vote, members cited legal concerns under the National Internal Revenue Code prohibiting public disclosure outside executive sessions for legislative inquiries. BIR Commissioner Charlito Martin Mendoza signed the taped box, which remains in the committee's custody.

After wrapping up its first hearing on Vice President Sara Duterte's alleged bribery and misuse of P612.5 million in confidential funds, the House committee on justice will focus on her alleged unexplained wealth at its next session on April 22. House committee on justice chair Rep. Gerville Luistro announced this following a press conference on Tuesday.

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The House justice committee has issued subpoenas to several individuals, including “Mary Grace Piattos,” ahead of its April 14 hearing on the impeachment complaint against Vice President Sara Duterte. It also directed the BIR to produce tax records for Duterte and her husband Manases Carpio.

 

 

 

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