Why Robredo’s net worth
decreased, according to lawyer

May 18 2017 12:36 PM


Images from Leni Robredo's Facebook page and Bongbong Marcos' Facebook page
Images from Leni Robredo’s Facebook page and Bongbong Marcos’ Facebook page

If Vice President Leonor “Leni” Robredo’s net worth decreased, it was because of expenses related to the election protest filed by former Senator Ferdinand “Bongbong” Marcos, her legal counsel said on Thursday, May 18.

“Vice President Leni Robredo’s net worth decreased due mostly to expenses in relation to the election protest filed by Bongbong Marcos, such as filing fee, as well as family and personal expenses,” Barry Gutierrez said in a statement.

In her Statement of Assets Liabilities and Net worth (SALN) by the end of 2016, Robredo declared a net worth of P8.878 million.  In June 2016, her net worth was P11.053 million. In 2015, it was P8.712 million.

Marcos filed an election protest against Robredo in 2016, claiming that a so-called technical glitch resulted in the loss of votes that cost him the vice presidency.  Robredo filed a counter protest against Marcos that would require the recount of votes in several precincts.

Last May 2, Robredo paid the P8-million initial cash deposit required by the Supreme Court to cover the cost of the vote recount for her electoral protest.

The High Court, sitting as the Presidential Electoral Tribunal (PET), asked Robredo to pay a total of P15.7 million to retrieve poll materials for the recount of election returns from 31,278 precincts.

Gutierrez said the P8 million came from Robredo’s personal savings and loans from relatives of her late husband, Interior and Local Government Secretary Jesse Robredo, namely Vicente Hao Chin, pablito Chua and Rafael Bundoc.

Marcos, meanwhile, was ordered to pay a total of P66.2 million for the recount of votes in 132,446 precincts.

Marcos has paid P36 million as a first installment.  He said 40 percent of the cost was shouldered by friends and supporters.