Monday, August 7, 2017

Wife of COMELEC Chairman Andy Bautista, Exposed P1 billion Ill-gotten wealth.

After meeting with President Rodrigo Duterte, the wife of Commission on Elections Chair Andres Bautista submitted last week to the National Bureau of Investigation an affidavit, saying that the Comelec chief might have amassed nearly P1 billion worth of ill-gotten wealth.

Five days before she submitted her affidavit, Mrs. Bautista met with President Rodrigo Duterte in Malacañang.

She told the President about the bank passbooks and other documents she has discovered detailing bank accounts and real estate properties in the name of her husband and some relatives.

Based on Mrs. Bautista's affidavit, a copy of which was provided by her lawyers to the media, the Comelec chief and some of his family members supposedly have 35 Luzon Development Bank (LDB) passbooks with a total balance of P329,220,962.

Of this amount, Bautista allegedly maintains five accounts with LDB Makati City amounting to P101,519,909.

Bautista allegedly has a foreign currency account with Rizal Commercial Banking Corp. (RCBC) worth $12,778.30 and an RCBC peso account with P257,931.60.

Mrs. Bautista also claimed to have discovered an account of her husband with Hong Kong and Shanghai Banking Corporation Limited worth HK$948,358.97

She said her husband also owns a condominium unit in One Bonifacio High Street at Bonifacio Global City (BGC) in Taguig City and a condominium unit in The District in San Francisco, California.

Mrs. Bautista said these were not included in the Comelec chairperson's Statement of Assets, Liabilities, and Net Worth (SALN) for 2016.

She added that her husband may be impeached should it be proven that the assets were ill-gotten while he is serving the government. Patricia Paz Bautista, wife of Commission on Elections chairperson Andres Bautista, said her husband allegedly has unexplained wealth.

Here are the part of her presscon


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