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Noy’s Cabinet a Millionaire’s club By Fernan J. Angeles 05/16/2012 Except for two Cabinet members, President Aquino’s Cabinet structure is basically a millionaires’ club. And while the Malacañang chief executive has grown richer by P10 million bringing his net worth to P 65.13 million, his wealth is dwarfed by the declared wealth of his top diplomat Foreign Affairs Secretary Albert del Rosario who now ranks as the wealthiest among the Aquino administration’s Cabinet officials. A closer look at the Statement of Assets Liabilities and Net Worth (SALn) filed by Cabinet members likewise pegs Education Secretary Armin in Luistro as the poorest.

Wednesday, May 9, 2012

Noy’s Cabinet a Millionaire’s club

By Fernan J. Angeles 05/16/2012

Except for two Cabinet members, President Aquino’s Cabinet structure is basically a millionaires’ club.

And while the Malacañang chief executive has grown richer by P10 million bringing his net worth to P 65.13 million, his wealth is dwarfed by the declared wealth of his top diplomat Foreign Affairs Secretary Albert del Rosario who now ranks as the wealthiest among the Aquino administration’s Cabinet officials.

A closer look at the Statement of Assets Liabilities and Net Worth (SALn) filed by Cabinet members likewise pegs Education Secretary Armin in Luistro as the poorest..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20120516hea6.html

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