VP mired in P12M debt

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Vice President Leni Robredo.

THE cost of the electoral protest from 2016 vice presidential election rival Bongbong Marcos has taken a toll on the finances of Vice President Leni Robredo, who is now mired in P12 million debt.

Robredo has declared her 2017 net worth at P1,114,102.84, 87.4 percent down from 2016’s P8,878,111.43.

Based on her statement of assets, liabilities and net worth (SALN), her liabilities increased to P11.9 million in 2017, 72.4 percent up from P6.9 million in 2016, because of loans taken to pay for fees in the electoral protest.

The electoral protest seeks a recount of vice presidential votes in the May 9, 2016 national elections.

The Supreme Court, sitting as the Presidential Electoral Tribunal (PET), is supervising the recount of votes in 5,418 clustered polling precincts in three provinces chosen by Marcos namely Camarines Sur, Iloilo, and Negros Oriental.

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