WINNIE MONSOD- IMPOSSIBLE! GLORIA ARROYO’S NET WORTH P144.5 MILLION WITH P720,000 SALARY PER YEAR!!

May 10, 2010 - 6:12 am 25 Comments

WINNIE MONSOD- IMPOSSIBLENG MANGYARI!! EARNING ONLY P720,0000 SALARY PER YEAR, GLORIA ARROYO’S NET WORTH ZOOMED TO P144.5 MILLION. HOW DID SHE DO THAT? WHAT DO YOU THINK?

http://blogs.gmanews.tv/winnie-monsod/

Weeks after the PCIJ report on the President’s Statement of Assets, Liabilities, and Net Worth came out, the President still has not explained, as she must, why her net worth has more than doubled between 2000 and 2008 from P61.9 million to P144.5 million.

Certainly her salary as President, which is P60,000 a month or P720,000 a year, cannot justify such an increase.

One should also eliminate from the equation possible gains from stock market trading because unless she or her stockbroker are trading geniuses, making the kind of killing she would have to make to justify her net worth increases would be very improbable because of the stock market decline in 2008.

Thus, she would have to show very large increases in her other income which would be most naturally attributed to the income of her spouse. This, she still has not done.

Actually the Philippines has very strict laws that if implemented properly, would show unexplained wealth and possible graft and corrupt practices by government officials right away.

Our 1987 Constitution mandates it.

And previous to that, there is RA 1379, passed way back in 1955, which provides that… Whenever any public officer or employee has acquired during his incumbency an amount of property which is manifestly out of proportion to his salary as such public officer or employee and his other lawful income and the income from legitimately acquired property, said property shall be presumed prima facie to have been unlawfully acquired.

Note that the burden of proof is on the public officer: he has to show that he has lawfully acquired the property.

The presumption of innocence does not apply here; and if the judge is not satisfied with the explanation, he will declare the property in question forfeited to the State.

Then there is RA 3019, passed in 1960 and known as the Anti-Graft and Corrupt Practices Act, which requires every government officer and employee to file every year a SALN, including a statement of the amounts and sources of his income, the amounts of his personal and family expenses, and the amount of income taxes paid for the next preceding calendar.

Finally, there is RA 6713 passed in 1989 also known as the Code of Conduct for government employees which gives all the details for filing the SALN, when and where to file, who to file it with, who is supposed to be the repository agency, and what are the penalties for non-filing; and this law includes the fact that the SALN is public information available to any taxpayer.

In spite of all these safeguards and laws, however, we all know that the Philippines’ performance with regard to reducing corruption has been miserable.

The very fact that it was a media organization, the Philippine Center for Investigative Journalism, that researched and analyzed the President’s SALN, instead of the Office of the Ombudsman, gives us a clue.

Another clue is given by the data shown in a paper presented to an international conference in Jakarta in 2007 by Deputy Ombudsman Pelagio Apostol: Between 2002 and 2007, the average number of complaints filed yearly with the Ombudsman for failure to file a true and detailed SALN was 27; the average number of complaints filed for forfeiture of unexplained wealth was 15.

Compared with the 1.4 million employees who file SALN yearly, the proportion is negligible.

The message that comes out loud and clear in all this is that the agencies that are repositories of the SALN, particularly the Ombudsman, don’t seem to know what to do with the reports they get, or don’t have either the time or the inclination to do what must be done.

The Office of the Ombudsman should be monitoring the President and Vice President, as well as the chairmen and members of the Constitutional Commissions.

Why didn’t it blow the whistle on the President’s seemingly unexplained wealth?

The Ombudsman created a much-publicized SALN data bank three years ago and the public should be told exactly what is being done to all these computerized records.

Instead, they just seem to wait for complaints to be filed by the public and act only then.

What a pity. Can we do anything about this? Yes.

First, we can make sure that the persons we elect to leadership positions have no reputation for kurakot.

Second, that they do not choose cronies to fill up important positions, but rather choose the most qualified for the job.

And third, we must also make sure that we are ready to file complaints against government officials who are living beyond their means we have to be a nation of whistleblowers.

That is what the times call for. We must heed that call.

In other words, it is really up to us.

Duration : 0:6:59


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25 Responses to “WINNIE MONSOD- IMPOSSIBLE! GLORIA ARROYO’S NET WORTH P144.5 MILLION WITH P720,000 SALARY PER YEAR!!”

  1. kittzxi Says:

    marcos might be …
    marcos might be corrupt but who benefits the LUNG CENTER the EXPRESS WAY the CCP ?? it is Marcos?? no i think.. we never know what the other leaders will do i dont want our country to be miserable but today what we need is an ACTIN LEADER with iron fist that nobody can dictate him/her for what he/she will do(ARROYO?)- i know ther are bigger personas behind her corruptions not just her or might be not really her..

  2. 1leanansidhe Says:

    sana magbago ang …
    sana magbago ang inyong pananaw sa videong ito at sa mga next parts nyan
    y o u t u b e.c o m / watch?v=kh2VFTxcXU4
    copy paste and remove spaces sa address bar
    para po sa ating KINABUKASAN!!!

  3. pilosopotato Says:

    off with her head!
    off with her head!

  4. kupalz007 Says:

    x2 gains via the …
    x2 gains via the stock market in 8 years (2000 to 2008) is very possible..GEO grew more than 10 times from 2003 to 2007.. APPLE grew from less than 12$/share to over 180$/share in less than 5 years…it takes no genius to buy apple stock when the ipod was released…economics graduate ka pa nman (at Laude pa!) tsktsk! Ok lng nman na mang criticise and maging vigilant sa mga pinag ggawa ng mga public officials ntin… pero please lang..ayusin nman ang evidence..at ayusin ang arguments…

  5. bernbsporty Says:

    well talagang …
    well talagang manhid na yang mga magnanakaw na yan. So ano ang gagawin natin sa information at analysis na ito? Wala? Hello. PGMA and her cohorts should pay enormously for this horrible acts. Kulang pa ang mga lahi nila pambayad. So boboto pa b tayo kay Villaroyo or Gibo? C Villar may bahid ng anomalya so he will definitely follow the footsteps of the thieves in Malacang. Marcos was the biggest thief so far and Villar may beat Marcos’ and Imelda’s records.

  6. muslimin2 Says:

    TALKING about …
    TALKING about korruption tumawag iyon kaibigan natin sa cotabato city sinabi niya walang mas korrupt pa itong ginagawa ng LTO sa cot city,iyong mga private establishment walang patawad tulad ng smoke emission test drug test at health test,hamakin mo dalawang doktor ang magbigay ng medical examination pero walang doktor at iyong drugtesting nontechnical personel ang gumawa,anong MALAKING KALUKUHAN IYAN at ang masakit with the connivence of thir boss mr.papacan the most notorios and korrupt

  7. alexandravon28 Says:

    To Mikey & Mikeys …
    To Mikey & Mikeys wife:
    1. How can you go out in public and show your faces when its now known to the world that you stole money as you admitted it through SAL?
    2. When you were kids, who? influenced you to steal?
    3. Lastly but most importantly, how are you able to share the stolen money to your children?
    To mikey and wife’s friend who are honest only:
    1. Look at them straight in the eyes & give the you thieves kind of look every time you get a chance. 6 months ago

  8. greatgrandmamimz Says:

    cholotsky , totoo …
    cholotsky , totoo yun? bakit ? idiom ba ang dugong aso? naririnig ko na yan noon pa. pero di ko alam ang exact meaning nyan.

  9. greatgrandmamimz Says:

    cholotsky , totoo …
    cholotsky , totoo yun? bakit ? idiom ba ang dugong aso? naririnig ko na yan noon pa. pero di ko alam ang exact meaning nyan.

  10. cholotsky Says:

    i hate kapampangans …
    i hate kapampangans!!! mga dugong aso!!!

  11. phenomenon Says:

    Well, here’s a way …
    Well, here’s a way to increase the government’s coffers. One could just look up the list of government officials and we can probably confiscate billions from all of them. Si Villar pa lang-ilang billion na. Mga Arroyos ilang billion din.

  12. greatgrandmamimz Says:

    easy money to earn …
    easy money to earn if you are in govt. position. kaya nga nagaagawan sila eh,

  13. greatgrandmamimz Says:

    sabwatan sa …
    sabwatan sa pagcorrupt, may anak na politician . may asawang politician , may kapatid na politician, may kabit na politician, may uncle
    na politician, may nephew na politician, eh di perfect crime na.

  14. greatgrandmamimz Says:

    sabwatan sa …
    sabwatan sa pagcorrupt, may anak na politician . may asawang politician , may kapatid na politician, may kabit na politician, may uncle na politician, may nephew na politician, eh di perfect crime na.

  15. greatgrandmamimz Says:

    sabwatan sa …
    sabwatan sa pagcorrupt, may anak na politician . may asawang politician , may kapatid na politician, may kabit na politician, may uncle na politician, may nephew na politician, eh di perfect crime na.

  16. anakngaraw85 Says:

    tama na.. sobra na. …
    tama na.. sobra na… dapat wag na natin kunsintihin ang mga opisyal na to…. mga taong bayan magbuklod kamay at labanan ang korupsyon na bumabalot sa pilipinas… sobra na

  17. dam6782 Says:

    im a fan… alala …
    im a fan… alala ko ung debate sa gma 7 before late at night na pinapanood ko tlaga.
    binoto ko tong senador sayang di pumasokkkk

  18. cyberjph Says:

    hahaha! winnie …
    hahaha! winnie monsod rocks!

  19. sphinxsway60 Says:

    @arceyen215 nadaya …
    @arceyen215 nadaya eh di kasi marunong mag dag dag bawas ano bah??? kupal ang systema d2 sa bayan natin pati namumuno! ARROYO

  20. bacood Says:

    oo magaling yan! …
    oo magaling yan! teacher ko sya sa econ in UP. kung nagbasa man ng script galing din sa kanya yun. syempre time bound sila on tv kaya may script. wag kang mayabang dahil kung patalinuhan lang eh gudlak na lang sa yo kung lalabanan mo si winnie monsod.

  21. policym2m Says:

    magaling ba yan …
    magaling ba yan halata namang nagbabasa ng script.

  22. XTNARN Says:

    bilib tlaga ko ke …
    bilib tlaga ko ke mareng winnie ever!

  23. emsing2001 Says:

    PUTANG INA tung …
    PUTANG INA tung WINNIE MONSOD akala mo kung sino! SA palagay niya kung siya naging presidente kaya din nya e manage ang PILIPINAS!? SI BARACK OBAMA nga sa AMERICA maraming sinasabi, pero nung siya na ang naging PRESIDENTE wala namang nangyari! PUTAK nalang ng PUTAK yang WINNIE MONSOD na yan unrealistic!

  24. arceyen215 Says:

    senator nga hndi …
    senator nga hndi nanalo for president pa.

  25. kingdavid3 Says:

    Kung parliamentary …
    Kung parliamentary style lang tayo sistema ng politika sa Pinas, may oposisyon at may mga nanunungkulan, kayang kaya ng mga tao ang nanunungkulan. Kung sa UK nga lahat ng expenses ng mga MP pati Prime Minister… Nilagay sa Dyaryo at Internet Site lantaran talaga…ngayon alam ng tao kung ano ang gagawin! BAWIIN ang taxpayers money!

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