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details on anomalies in mikey arroyo’s unexplained wealth

Mikey Arroyo didn’t list campaign donations
By Vera Files
Philippine Daily Inquirer
First Posted 02:22:00 09/07/2009

MANILA, Philippines—Pampanga Rep. Juan Miguel “Mikey” Arroyo did not declare to the Commission on Elections (Comelec) the campaign contributions that he said he received when he ran for Congress in 2004 and 2007.

Mikey said on national television on Tuesday that campaign contributions and wedding gifts were partly the reason his declared net worth ballooned from P5.7 million in 2001 to P74.4 million in 2004, and then to P99.2 million last year.

Mikey wed his second cousin Angela Arroyo Montenegro in 2002.

The numbers say Mikey’s net worth grew by more than 1,600 percent in the seven years that he has been a public official.

President Gloria Macapagal-Arroyo’s eldest son, a one-time movie actor, became vice governor of Pampanga in 2001, and was elected congressman of the province’s second district in 2004 and 2007.

“Of course, first I got married. We received a lot of gifts. Then during campaigns, somehow we get contributions,” Mikey told Solita Monsod and Arnold Clavio, hosts of the morning show “Unang Hirit.”

But his statements of contributions and expenses for the last two elections show zero donations to his campaign, which he reported as having been funded from his own pocket.

Mikey declared campaign expenses of P483,000 in 2004 and P552,876.15 in 2007. His 2007 spending included posters and leaflets, P246,740.10; gas and diesel, P88,332.80; meals, P148,560; rental of building, P40,000; and miscellaneous expenses, specifically financial assistance to indigents, P29,243.25.

The Omnibus Election Code requires candidates to file a “full, true and itemized statement of all contributions and expenditures in connection with the election” within 30 days after the election.

rad in full here: http://newsinfo.inquirer.net/inquirerheadlines/nation/view/20090907-223969/Mikey-Arroyo-didnt-list-campaign-donations

Protesters surround Mikey Arroyos U.S. house - abs-cbn photo

Protesters surround Mikey Arroyo's U.S. house - abs-cbn photo

FOSTER CITY, CA—Philippine Congressman Mikey Arroyo’s house had some very angry visitors this morning.

Filipino-American activists, chanting “Shame on you, you got caught!” staged a protest outside the home that is situated in the upscale planned community. They say they are disgusted that Arroyo, son of Philippine President Gloria Macapagal Arroyo, bought the $1.3 million home and failed to declare it as part of his real estate assets.

“Of course there should be a clear investigation of how he got his wealth, where he is investing it,” said Terry Valen, chair of the National Alliance for Filipino Concerns. “It’s clear that this is not coming from his salary as a Philippine congressman.”

The protesters say they are not surprised that another Arroyo property in the Bay Area has been exposed.

read in full here: http://abs-cbnnews.com/pinoy-migration/balitang-america/09/05/09/protesters-surround-mikey-arroyos-us-house

read more from verafiles.org here: http://verafiles.org/

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