{"id":50240,"date":"2015-05-22T15:12:43","date_gmt":"2015-05-22T07:12:43","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=50240"},"modified":"2015-05-22T15:12:43","modified_gmt":"2015-05-22T07:12:43","slug":"amlc-junjun-binays-saln-inconsistent-with-bank-records","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/05\/22\/amlc-junjun-binays-saln-inconsistent-with-bank-records\/","title":{"rendered":"AMLC: Junjun Binay’s SALN inconsistent with bank records"},"content":{"rendered":"
\"Makati<\/a>
Makati Mayor Erwin Binay show a minor bruise and pacifies supporters after he was brought to the Senate plenary when he refused to testify at the Senate hearing on Thursday (January 29, 2015) at the Senate Building in Pasay City. (PNA photo by Avito C. Dalan)<\/figcaption><\/figure>\n

MANILA — The Anti-Money Laundering Council (AMLC) reported that Makati City Mayor Jejomar Erwin “Junjun”\u00a0Binay’s bank deposits are not consistent with the income he declared in his statement of assets, liabilities and net worth (SALN).<\/p>\n

According to AMLC, Binay made a P25-million loan on Dec. 28, 2011 from BDO Unibank Inc.<\/p>\n

\u201cSaid loan availment was renewed\/repriced on a monthly basis from Jan. 27, 2012, to June 24, 2013. However, there is no evidence of payment,\u201d the AMLC report said as quoted in a report for the Philippine Daily Inquirer.<\/p>\n

The day after he made the loan, Binay had five withdrawals amounting to P24 million.<\/p>\n

In the same report, AMLC said that Binay only declared minimal income in his declared business interest in his SALN.<\/p>\n

\u201cHence his bank deposits are not commensurate to his income, and represent funds derived from illicit and\/or undeclared activities,\u201d the AMLC said.<\/p>\n

In a table prepared by the same council, Binay’s SALN showed an increased net worth by\u00a0P2,674,653.46 million while his declared salary was only P781,654.78 for the same year.<\/p>\n

The AMLC was also able to record an increase in his cash and net worth of\u00a0P9,279,829.00 and P7,544,872 respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA — The Anti-Money Laundering Council (AMLC) reported that Makati City Mayor Jejomar Erwin “Junjun”\u00a0Binay’s bank deposits are not consistent …<\/p>\n","protected":false},"author":44,"featured_media":40371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95],"tags":[],"class_list":["post-50240","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-ph","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/50240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=50240"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/50240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/40371"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=50240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=50240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=50240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}