Ranged against his Statements of Assets and Liabilities and Networth (SALNs), Vice-President Jejomar Binay’s bank deposits and withdrawals, listed in the Anti-Money Laundering Council (AMLC) report that formed the basis of the May 11 Court of Appeals freeze order, raise awkward questions.
The SALNs from 2006 to 2013, from his days as mayor of the country’s financial district to his current post as the country’s second highest official, Binay and his wife Elenita, disclosed their cash assets:
Binay Cash Assets
MANILA – Makati Rep. Abigail Binay on Monday admitted that her father, Vice President Jejomar Binay, has joint accounts with businessman and alleged dummy Gerry Limlingan.
Speaking to ANC’s Headstart, Binay explained that the joint accounts were set up in order to manage her father’s campaign finances during the 2010 elections.
According to Rep. Binay, there was P221 million that went into the two accounts in BDO and Metrobank. She said this was fully disclosed.
THE political temperature is fast rising for Vice President Jojo Binay.
The man who once collected slop for his uncle’s piggery to raise money for his schooling now faces his most serious political crisis over allegations of having unlawfully accumulated millions of pesos, with no less than the Anti-Money Laundering Council (AMLC) joining the pack to get him to explain it.