MANILA, Philippines – In the Senate hearing for the probe into the kidnap-slay of a Korean businessman Jee Ick Joo on January 26, 2016 it was exposed that SPO3 Ricky Sta. Isabel, a non-commissioned police officer accused of kidnapping and killing South Korean businessman Jee had a net worth of over P20 million according to the Philippine National Police (PNP).
When Sen. Grace Poe asked Sta. Isabel how much is his salary he said it was only Php8,000 but his wife is earning big money on their business (Insurance and Western Union payment center and a payment outlet) however, he cannot explain how they got the capital for those businesses.
According to Criminal Investigation and Detection Group (CIDG) chief Director Roel Obusan, Sta. Isabel reported a net worth of over P20 million in 2014, based on PNP records.
In 2015, he had over P17 million in assets, Obusan said. The PNP has no immediate record of his 2016 net worth.
Sta. Isabel owns at least 5 house and lots, a 4-story commercial building, a 3 lots in Caloocan City. He also owns a Hilux, a Vios, and two motorcycles.
As Senior Police Officer 3 (SP03), Sta. Isabel should have a base monthly pay of P25,394, according to data from the PNP. His annual taxable income is over P350,000.
|Jinky, the wife of SPO3 Ricky Sta. Isabel, insists her husband was just a fall guy in the kidnap-slay of Korean businessman Jee Ick Joo. TV5 SCREENSHOT|