In the said article, they stated that President Rodrigo Duterte and daughter Davao City Mayor Sara Duterte apparently failed to declare over
P100M worth of investments.
Now comes this headline news which reported that Vice President Jejomar Binay's law firm sent more than P100 million to a Hong Kong company using the same remittance agency embroiled in the alleged $81-million money laundering scheme under investigation in the Senate (Binay sent
P100M to HK via Philrem, Front Page, 3/17/16).
In this kind of MONKEY business, getting a net profit or kickback of
P100m for each senator and P50m for each House member, yearly and regularly, is no sweat.
"Ongpin firm files
P100M damage suit vs Mercado," went a report in the Jan.
Over the years, known crooks outside and inside government offices have mastered the art of short/ghost deliveries of supplies, overprice of up to 5,000 percent as reported by auditors, payment of
P100m for non-existent mountain roads, building an irrigation system where it is not needed, abandonment of huge projects after full payment, etc.
In a news report, the joint Alphaland Corp.Boy Scouts of the Philippines (BSP) real estate project, the Alphaland Makati Place, is said to be "now worth P21 billion" ("Ongpin firm files
P100M damage suit vs Mercado," News, 1/28/15).