Wednesday, June 22, 2016
Finance Secretary Cesar Purisima Richest in President Aquino's Cabinet
Finance Secretary Cesar Purisima is the richest member of President Benigno Aquino III's Cabinet. The poorest is Education Secretary Armin Luistro based on their 2015 statement of assets, liabilities and net worth (SALN) released by the Malacañang Records Office.
Purisima declared a net worth of more than P301 million. Last year, he reported the second biggest net worth next to then Foreign Affairs Secretary Albert del Rosario who reported a 2014 net worth of more than P838 million.
Del Rosario, 76, resigned from his post in February citing health reasons
Luistro was the lone non-millionaire with a net worth of P586,107.11. In his 2014 SALN, Luistro reported a lower net worth at P471,064.46.
Cesar Purisima has been accused before if tax evasion, people have questioned the alleged discrepancy in his income tax returns (ITR) and his statement of assets, liabilities, and net worth (SALN) filed from 2006 to 2009.