Rep. Yap is Bohol’s wealthiest solon
TAGBILARAN CITY — Representative Arthur Yap, of Bohol's third district, is the richest congressman of the province, although he is 135th among the country's 295 legislators, as shown in the latest Statement of Assets, Liabilities, and Net Worth (SALN) submitted to the Lower House.
Yap has a total asset of P47,700,400 against P16 million liabilities, resulting in a net worth of P31,700,400.80, next to Rep. Vincent "Bingbong" Crisologo (1st dist., Quezon City), who at 134th has a net worth of P32 million, and only P200,000 richer than Rep. Lord Allan Jay Velasco (Marinduque), who at 136th had a net worth of more than P31.5 million.
Among Bohol congressmen, Rep. Rene Lopez Relampagos (1st dist.) is the 2nd richest, but 144th among House solons, with assets of more than P31.5 million against P1.7 million liabilities, to have a net worth of P29,805,143.39.
Relampagos has nearly as much as Reps. Carlito Marquez (Aklan), who at 143rd had a net worth of P29,805,974.22, and Rep. Napoleon Dy (3rd dist., Isabela), at 145th, who has a net worth of more than P29.27 million.
Representative Erico Aristotle "Aris" Aumentado (2nd dist., Bohol) is the 'poorest' among the three Bohol congressmen, and at 267th nationwide. He has P9.986 total assets and P4,563 million liabilities to come up with a net worth of P5,345,861.23.
Aumentado follows Rep. Erlpe John Amante (2nd dist., Agusan del Norte), who at 266th has a net worth of P5.97 million, but above Rep. Eugene Michael de Vera (ABS party-list) who at 268th has P5.173 million net worth.
Based on the compilation of all the congressmen's 2016 SALN, the 10 richest in the country, in terms of net worth, are:
1) Michael Odylon Romero (1-Pacman Party-list) with P7,009 billion; 2) Emmeline Aglipay-Villar (DIWA Party-list) — P1.4 billion; 3) Alfredo Abelardo Benitez (3rd dist., Negros Occidental) — P942.964 million; 4) Imelda Marcos (2nd dist., Ilocos Norte — P917.8 million; 5) Feliciano Belmonte Jr. (4th dist., Quezon City) — P852.132 million; 6) Virgilio Lacson (Manila Teachers party-list)—P768.824 million; 7) Bayani Fernando (1st dist., Marikina City): P738 million; 8) Vilma Santos-Recto (6th dist., Batangas) — P522.616 million; 9) Antonio Floirendo Jr. (1st dist., Davao del Norte) — P491.71 million; and 10) Yedda Marie Romualdez (1st dist., Leyte) — P477.9 million.
SALN is a declaration of assets (i.e., land, vehicles, etc) and liabilities (i.e., loans, debts, etc), including business and financial interests, of an official/employee, of his or her spouse, and of his or her unmarried children under 18 years old still living in their parents’ households, according to the Official Gazette of the Philippine Government.