Meet Mindanao’s richest and poorest governors

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DAVAO CITY  (MindaNews/07 April) — Davao del Norte Governor Rodolfo del Rosario has consistently been the richest governor in Mindanao for several years now,  based on the Statement of Assets, Liabilities and Net Worh (SALN)  filed, interrupted only when he did not seek reelection in the 2004 elections.

But del Rosario’s 2010 net worth of P255.51M is his lowest compared with P302.28M in 2009, P408.94M in 2007 and P302.4M in 2003.

Del Rosario topped among 18 out of 27 Mindanao governors who filed their SALN in 2010, records from the Deputy Ombudsman for Mindanao showed (see list in main story).

Second to del Rosario is Maguindanao Governor Esmael Mangugadatu, who declared a net worth of P217.25M, followed by Dinagat Governor Glenda Ecleo who posted a net worth of P166.40M.

The “poorest” governors or those with the lowest declared net worth are Davao del Sur’s Douglas Cagas at P5.14M; Agusan del Norte’s Erlpe John Amante at P5.64M; and Sarangani Governor Miguel Rene Dominguez at P5.72M.

Del Rosario

In his 2010 SALN, Del Rosario listed 41 residential, commercial and agricultural property totaling P65.30M — 16 of them in Davao City, 15 in Davao del Norte, the rest in Makati.

His investments in stocks reached P72.01M with Delgar Realty Corporation having the biggest chunk at P62.92M, followed by Rizal Commercial Banking Corporation at P4.8M, Century Rural Bank, Inc. at P1.96M.  The rest of the investments in amounts less than a million each are in Tropical Fresh Fruits, Inc.; Tagum Fishponds, Inc.; Coffee Works; Magnaga Aqualand Development, Inc.; Sunblest Agri-Services, Inc.; and Delgar Holdings Corporation.

Del Rosario listed personal assets worth P12.9M, cash worth P116.84M and liabilities at P11.55M.

Mangudadatu

Maguindanao’s Mangudadatu, governor of one of the poorest provinces in the Philippines, listed 25 residential, commercial and agricultural property and 19 vehicles including a backhoe, a minibus, at least five trucks, totaling P170.29M.

Except  for the Wrangler, ¾ truck, mini bus and the tractors and backhoe, the plate numbers of the other vehicles were included in the listing. But the Chevrolet Suburban, Level 5 bulletproof vehicle which he used when ambushed on August 15, 2011, was not listed. Mangudadatu told MindaNews on Saturday that that car is owned by his brother, Zajid, the mayor of Pandag town in Maguindanao.

Among the property Mangudadatu declared are a 270-hectare oil palm plantation in Buluan, Maguindanao; banana and mango plantation (number of hectares not indicated), and a five-hectare rubber plantation also in Buluan; a 25-hectare pomelo farm in Kalandagan, Tacurong City; a beauty parlor and a resort also in Tacurong; an ice plant and a Petron gasoline station in Buluan; two condominium units in Manila; a house and lot in Davao; two ranches in Buluan, one with 150 heads of Brahman, the other with 150 heads of goat; and a 500-hectare fish pen in Buluan.

Mangudadatu served as mayor of Buluan town for three terms before running for vice mayor in 2007 and governor in 2010.

Under personal and other properties, Mangudadatu declared P62.31M broken down as follows:  jewelry, P15M; furniture and antiques, P20M; receivables of P2.31M and “cash on hand/bank accounts” at P25M. He declared liabilities worth P15.35M – 15M personal loan; P264,070 in GSIS and Pag-ibig loan; and bank loan of P89,986.30.

Ecleo

Dinagat Governor Ecleo listed five houses and lots – three in Dinagat Islands province, one in Surigao City and another in Quezon City; one agricultural land in Dinagat; and two commercial lands in Butuan and Surigao cities –for a total of P152.8M.

Under personal and other properties, Ecleo declared P19M, P5.5M of that in investments; another P5M in deposits; P3.5M in jewelry; P5M in furniture and appliances and P300,000 in books.

Ecleo declared P6M liabilities.

Cagas

Davao del Sur’s Governor Cagas  declared P1.27M under real property: land located in “Digos City/Sta. Cruz” worth P287,500 and a residential house and lot in Digos for P984,811.

Under personal and other properties, Cagas declared P3.89M: cash worth P344,487; “personal property” worth P478,762 and “motor vehicle/car” for P3.06M.

He declared as liabilities P22,928 in “income tax payable.”

Amante

Agusan del Norte’s Governor Amante declared assets worth P16.92M and liabilities worth P11.27M.

He listed four residential lots in Butuan City; a residential lot,  a residential building,  cocoland and office building in Cabadbaran, a condominium unit and parking lot in Pasig City worth P13.18M; motor vehicles worth P2.84M (“Fuso cargo truck, Kia Sportage, Hyundai Matrix, Honda CRV, Ford, Toyota Land Cruiser, Hino military”); cash worth P100,000; furniture and appliance at P300,000 and jewelry at P500.,000.

Under liabilities, Amante listed real estate mortgage worth P6.77M and personal loan from one Eslee Avila at P4.5M.

Dominguez

Sarangani’s Governor Dominguez, scion of the Alcantara-Dominguez family (his mother is from the Alcantara group of companies while his father, Paul, was Presidential Adviser for Mindanao under the Ramos administration),  listed P8.65M worth of assets: land in Baracatan at P1.25M acquisition cost; and acquired in 2002: stocks worth P600,000; golf share in Rancho Palos Verdes for P700,000; Suzuki pick-up for P108,000; motorcycle worth P500,000.

Dominguez also listed a Ford Excursion acquired in 2010 worth P500,000 and a P5M savings accounts from 2010 and previous years.

Under liabilities, he listed P1.68M: Sta. Lucia-Realty& Development, Inc., worth P327,256 and VGA Holdings at P1.35M.

MindaNews noted the computation in Dominguez’ net worth of P5.72M in his SALN is erroneous as adding his assets  would total P8.65M and subtracting his liabilities worth P1.68M  would yield a net worth of P6.97M.

Apparently the person who prepared Dominguez’ SALN computed only the personal and other properties worth P7.04M and deducted the liabilities to make for a net worth of P5.72M as indicated in the SALN. But Dominguez’ declared assets in his SALN is P8.65M inclusive of the P1.25M real property, less P1.68M liabilities to make his net worth P6.97M.

Still, his ranking as third from the bottom of MindaNews’ list of 18 governors who filed their SALN as of yearend 2010, remains as the fourth from the bottom, Bukidnon’s Alex Caingasan, posted a net worth of P7.83M. (Carolyn O. Arguillas/MindaNews)

 

 

 

 

 

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