Mindanao reps and their net worth: one billionaire, 66 millionaires, only one under a million

DAVAO CITY (MindaNews/01 June) — The net worth of Sarangani Rep. Emmanuel Pacquiao, the country’s richest representative – P1.3 billion in 2013 – is 2,250 times the net worth of the country’s poorest district representative, fellow Mindanawon and Dinagat Islands’ lone representative, Arlene“Kaka’ Bag-ao’s P598,000 and 174,233 times the net worth of the poorest paty-list representative, Anakpawis Rep. Fernando Hicap’s P37,722.

Pacquiao and Maguindanao Rep. Zajid Mangudadatu made it to the Top 10 richest representatives – Pacquiao topping the list and Mangudadatu ranking 10th with a net worth of P215.8 million while two Mindanawons made it to the Top 10 poorest: Bag-ao and party-list Rep. Cresente Paez of Coop-Nattco.

The House of Representatives has 289 members, 234 of them representing districts and 55 party-list.

Mindanao has 68 representatives in Congress – 59 district and nine party-list representatives.

MindaNews ranked the Mindanawon representatives’ net worth based on the 2013 Statement of Assets, Liabilities and Net Worth (SALNs) they filed with the House of Representatives and found that of the 68 Mindanawons, one is a billionaire, 66 are millionaires and only one has a net worth of under a million pesos.

The top ten richest Mindanawon representatives , based on the SALN they filed, come from among the poorest provinces in the country.

The top 10 richest Mindanawon representatives and (districts):
1. Pacquiao, Emmanuel of Sarangani:                        P 1,345,499,575.00
2. Mangudadatu, Zajid of Maguindanao:                   P   215,849,950.00
3. Sahali, Ruby of Tawi-tawi:                                         P   173,715,000.00
4. Oaminal, Henry of Misamis Occidental (2)          P   160,399,271.12
5. Unabia, Peter of Misamis Oriental (1)                    P   127,862,800.00
6. Rodriguez, Rufus of Cagayan de Oro (2)                 P   103,425,000.00
7. Labadlabad, Rosendo of Zamboanga del Norte    P     77,211,270.23
8. Lobregat, Celso of Zamboanga City (1)                   P     73,988,546.03
9. Dimaporo, Abdullah D. of Lanao del Norte (1)     P     65,646,551.76
Dimaporo, Imelda Q. of Lanao del Norte (2)              P     65,646,551.76
10. Hofer, Dulce Ann of Zamboanga Sibugay (2)      P     64,514,965.00

According to the National Statistical Coordinating Board (NSCB), the poverty incidence among families in these provinces as of 2012 are 46.5% in Sarangani, 57.8% in Maguindanao, 20.8% in Tai-tawi, 36.6% in Misamis Occidental, 25.0% in Misamis Oriental, 50.3% in Zamboanga del Norte, 42.5% in Lanao del Norte and 36.8% in Zamboanga Sibugay.
The Top Ten poorest Mindanawon representatives, according to their declared SALNs, are:

1. Bag-ao, Arlene of Dinagat Islands                             P          598,012.82
2. Paez, Cresente C. of Coop-Nattco                                P       1,098,000.00
3. Zarate, Carlos Isagani of Bayan Muna                      P       1,518,114.54
4. Masongsong, Edgardo of 1CARE                                P       2,013,267.81
5. Fortun, Lawrence Lemuel of Agusan del Norte (1) P       2,945,000.00
6. Tejada, Jose of North Cotabato (3)                              P      3,453,973.64
7. Ilagan, Luzviminda of Gabriela                                    P       4,185,184.00
8. Hernandez, Ferdinand of South Cotabato (2)          P       4,340,299.00
9. Piamonte, Mariano, Jr. of A Teacher                         P     5,498,000.00
10. Amante, Erlpe John of Agusan del Norte (2)         P     5,911,012.00

Zero Liabilities

Of the ten “poorest,” four are district representatieves and the rest are party-list representatives.

Twelve Mindanawon representatives listed Zero liabilities in their SALNs: Maguindanao’s Zajid Mangudadatu of the 2nd district and the second richest among Mindanawon representatives, and Bai Sandra Sema of the 1st district (20th richest), Jorge Almonte of Misamis Occidental’s 1st district, the 11th richest; Evelyn Plaza-Mellana of Agusan del Sur’s 2nd district, the 13th richest; Pangalian Balindong of the 2nd district of Lanao del Sur; Jesus Sacdalan of North Cotabato’s 1st district; Camiguin’s Xavier Jesus Romualdo; Lillia Nuno of Zamboanga City’s 2nd district; Francisco Matugas of Surigao del Norte’s 2nd district; Florencio Flores of Bukidnon’s 2nd district; Thelma Almario of Davao Oriental’s 1st district; and Gabriela Party’s Luzviminda Ilagan.

The net worth declarations are expected to generate reactions from constituents as some of their declarations do not seem to match their lifestyles.

Questions had earlier been raised over allegations that several government officials, including representatives, have been under-declaring their net worth during the annual filing of the SALNs.

The Mindanao-wide ranking was made by MindaNews from the “Summary Report of Filed Statements of Assets, Liabilities and Net Worth (SALNs) for CY 2013 of Members of the House of Representatives, 16th Congress” posted on the website of the House. MindaNews also came up with a nationwide ranking for comparison.

MindaNews Table 1 shows the categories of the summary report – acquisition cost of real properties, personal properties, total assets, liabilities and net worth. In addition, MindaNews included a column on the extreme left for the ranking among Mindanao colleagues and on the extreme right, a column on the ranking nationwide.

MindaNews Table 2 shows only the names, rankings and provinces or districts represented.

The Mindanao ranking is from 1st to 67th instead of 68th because a husband and wife team – Abdullah and Imelda Dimaporo of the two distr icts of Lanao del Norte – filed a joint SALN. Davao City Rep. Mylene Garcia-Albano also filed a joint SALN with husband, Isabela 1st district Rep. Rodolfo Albano. (Carolyn O. Arguillas / MindaNews)

MindaNews Table 1

GDE Error: Error retrieving file – if necessary turn off error checking (404:Not Found)

MindaNews Table 2

GDE Error: Error retrieving file – if necessary turn off error checking (404:Not Found)

URL: http://www.mindanews.com/top-stories/2014/06/02/mindanao-reps-and-their-net-worth-one-billionaire-66-millionaires-only-one-under-a-million/

Related Posts