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Purisima’s financial papers show income, networth disparity 02/27/2012

Monday, February 27, 2012

Purisima’s financial papers show income, networth disparity

02/27/2012
Finance Secretary Cesar Purisima, the economic lieutenant of President Aquino, appears among the public officials who have not been properly disclosing his true financial worth based on various documents obtained by the Tribune, including his statement of assets, liabilities and networth (SALn).

During his confirmation hearings last year with the bicameral Commission on Appointments (CA), the discrepancy between Purisima’s declared assets and income from 2006 to 2009 was already raised.

The CA, in a report then, said Purisima declared an income of P22 million in his tax return against a P35 million networth in his SALn..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20120227hed6.html

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