Chief Justice Sereno releases her SALN: P18 million



New Chief Justice Maria Lourdes Sereno: SALN in due time. INQUIRER FILE PHOTO

Chief Justice Maria Lourdes Sereno Thursday night released her statement of assets, liabilities and net worth (SALN) for 2011, waiving conditions set by Supreme Court resolutions.

The SALN filed last April 26 showed Sereno’s net worth amounted to P17,985,375.51.

Her properties amounted to P10,481,500 and these included three house and lots in Filinvest East (with a current market value of P6 million), Cavite (P1.375 million) and Davao (P1.8 million) as well as memorial lots in Cavite (P60,000) and a lot in Filinvest East (P2.1 million).

Sereno also listed three vehicles—a 2005 Toyota Altis, a 1997 Toyota Corolla and a second-hand 1993 Mitsubishi Lancer. Her cash in the  bank amounted to P1,185,602.60 and receivables P3,537,130.25.

Total assets declared by Sereno amounted to P19,227,578.85 as against her liabilities of P1,242,203.34.

Her liabilities included credit card billings (P125,511.10), payables (P116,692.24) and a P1-million loan from the Bank of the Philippine Islands.

The SALN included that of her husband Mario Jose Sereno with investments of P1,203,400 and stocks of P1,644,946.

In her statement, Sereno said her assets “include the savings left from the legal fees paid by the government to her in connection with the cases involving  Naia Terminal 3, net of the amounts paid for value-added tax, income tax, operating expenses and personal consumption.”

Sereno was paid the fees for her services rendered from Oct.23, 2003, to July 31, 2008, or four years and nine months.

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  • johndcross1

    Execellent example Chief Justice Sereno!  Now, the rest of the justices must do the same.

    • spearheads

      Her SALn is peanuts. It does not reflect the more than 25 million legal fees she received from the government in the Piatco case. Where is it, in her local or foreign bank accounts. Stop the “drama” La Serena and sign the unconditional bank waiver, a.s.a.p.

      • KenjiHimura

        Her bank accounts were already scrutinized by the JBC. Ask the members of the JBC instead.

      • marionics

        tara kung may resibo ka nung 25m kasuhan na natin siya he he

  • Noypi11

    The rest of the SC justices should follow CJ Sereno in declaring their SALN’s, and the members of the Senate and House of Representatives should follow, kung may kahihiyan silang lahat.

  • joe__bloggs

    Leading by example …..

    Releasing the SALN – that is a great START.

    I am sure ” bank accounts – local & foreign denominated – and business interests” soon AFTER.  

  • spearheads

    Oh come on. She was forced to release it because the Manila Times obtained a copy and publish the details yesterday before Sereno order it’s release. In short, she has no choice but her act is belated, short of an afterthought only.

    • marionics

      aaaaah yun naman pala e he he

  • ric

    with chieff justice sereno at the helm of supreme court, the influence wielded by that very influential lawyer who has a travel agency is now over. hooray for chief justice sereno. mam please con’t fail the people….

  • Cal_Reznick

    Finally…what was all the fuss about? This was a simple issue, don’t understand why the CJ and everyone in her camp made it such a complicated thing.

  • Romulus Fenandez

    The fees paid to her by the government for the PIATCO case was $25,000,000.00 which is equivalent to P1,050,000,000.00, can you please explain where’d the money go MADAM CJ? did you pay the correct taxes?

    • rosamistika16

      binayaran ko si sereno ng $1B!!!  wag nyo akong tanungin kung ano ang ebidensya ko. basta meron syang $1B galing sa akin!

      tanga naman ni sereno at hindi natuto sa nangyari kay corona kung meron syang $25M pero hindi naka declare sa SALN!

    • marionics

      tara saan na yung resibo para makasuhan na natin siya

  • mekeni62

    Role model daw si Sereno for publishing her SALN. Role model din ba ang non-disclosure? Where were her $25M earnings from Fraport and Piatco? Corona was thrown out of the SC for the same reason. Malacanang is trying to ignore this issue. But I know someone out there won’t.

  • lostRunes

    Yung dollar accounts niyo po. Naka sign na po kayo ng waiver? Di ba milyon milyon yung kinita mo sa PIATCO?

    • KenjiHimura

      Ask the members of the JBC. They already have that signed waiver by CJ Sereno.

    • dodong1

      In her statement, Sereno said her assets “include the savings left from the legal fees paid by the government to her in connection with the cases involving  Naia Terminal 3, net of the amounts paid for value-added tax,income tax, operating expenses and personal consumption.”

      • lostRunes

        $25 million yung hiningi ng legal fees ng mga lawyers sa Pilipinas.  So kahit kaunti lang ang cut niya dun $1 million is more than 40+ million pesos. So legal researcher lang ba siya o kasama sa counsels? So either she lied about being co-counsel with Justice Florentino Feliciano in that case or she is hiding it in her dollar accounts.

  • adscity_info

    CJ Sereno, nakalimutan nyo po yung dollar account nyo.

    • KenjiHimura

      just like what ombudsman carpio-morales said, she converts the value of her dollar accounts to pesos when declaring it in her saln. this might be the same for cj sereno hence no dollar account appears in her saln.

      • mekeni62

        magkano ba sa pesos ang $25M? ang total declared assets and liabilities niya P18M.

      • marionics

        kung may resibo ka e di kasuhan natin

      • mekeni62

        uuyy! nagpapatawa! don’t worry darating din iyan “in due time.”

      • marionics

        ha? bakit? nakakatawa ba ang resibo? ay! wala ka ba? e paano ngayon yun? paano natin papatunayan? naku paano natin ipapaimpeach yang babaeng yan? paano?? papaano? basilio!! crispin!!!

      • mekeni62

        uuyy!! talagang nagpapatawa! kalbo ka?

      • marionics

        aaaah so wala talaga. ok, understood

      • mekeni62

        very good!

      • Joel

        Engot? Bagay ka sa Tribune.

      • mekeni62

        Ikaw PDI fanatic?

      • KenjiHimura

        you should direct your question to the members of the JBC or better yet present proof or evidence that she indeed received such amount to support your claim which is to me a mere hearsay. 

      • mekeni62

        why would I have the burden? This is public forum.I can say what I want. At least I am basing my comments from other newspapapers.If you do not believe then suit yourself and I won’t care.If you are a PDI fanatic, again suit yourself and I don’t care too.

  • tra6Gpeche

    She will be a great Chief Justice of the Philippine Supreme Court if her net worth does not increase after 18 years of service, minus Philippine inflation. If it goes up too fast too soon, then, to me, She is corrupt!

  • dequis

    ipagbili nyo na cj sereno iyang mitsubishi lancer 1993 sa ayosdito, baka tumirik sa gitna ng baha nasa loob kayo di makalabas sayang ang 18years na itatagal ninyo pa sa SC.

  • spearheads

    Here’s a hot one. 

    There’s a new legal approach on reckoning issues introduced by the palace’s illegal luminary blabber par excellence. When Lacierda was asked by the media on the Piatco case legal fees of La Serena which are undeclared in any of her SALNs, Lacierda simply said, “Lumang tugtugin na yan.” That’s it and that solves the issue. What a jerk?

    • mekeni62

      what he was trying to impart was it’s an old issue let’s forget all about it.ha ha ha.the height of hypocrisy.

    • Joel

      Ano ba ung issue? Di ba dapat binayaran si Sereno for legal wor rendered? Sa utak mo lang naman me issue hunghang. Hot one ka pa jan.

      • spearheads

        Pati yang mura mo palgiarism. Magbago ka na dogyot at naiinip na si Lucy kahihintay sayo.

  • pepengkabayo

     When Sereno said that she will release her SALN in due time, it means Now time.

  • Bato’ng Bantilis

    Dollar accounts ang hinihintay namin.

    • KenjiHimura

      P1,185,602.60 cash in bank already represents the total value of her money in peso and dollar denominations. the members of the JBC already saw her bank accounts both peso and dollar. 

  • kilabot

    start the impeachment ball rolling.. the spin stops right here, ika nga.

    • marionics

      sige go go go

  • marriondale

    Does this include the legal fees received in that PIATCO arbitration in washington.

    • malaya1962

      well itanong natin kay Mr. Lacierda, I saw him in tv well siya yata ang spokeperon at atty ni SCSereno…

  • Homer Guo

    i-release o hindi, wala talagang paglagyan ang kahit na sino sa mag taong nagmamarunong at ang dugo ay puno ng pagdududa.

  • jonski22

    Did she really received a US$25million? Bakit pa ako magpapaka-CJ kung uusisain ang kayamanan ko..ok na ako dito “low profile”..Associate Justice lang..pero meron ako $25M. And would you drive an Altis and Corolla? No SUV, for safety?

  • Abnoynoy

    kumita ng 25million sa Piatco Case, tapos 18mil lang ang assets? di ba marunong magplus yan?

    • JayEnEvans

      di marunong magbasa: ”
      savings left ” nga diba???

      • spearheads

        Burnaok, hindi savings ang bahay, lupa, at mga sasakyan. Yong 18 million pakayawan yan, kasama lahat. Ang savings nasa bangko o nasa safe, baol, tapayan, o peggy bank. Ikaw ang hindi marunong magbasa at intindihin ang binabasa. Di ba/ Di nga!

  • JayEnEvans

    yeah and i’m free to say GTFO!

    • spearheads

      yeah and I prefer to say GTFOOHWTS!

  • spearheads

    Unang una, yang mga ariarian ni La Serena na nakadeklara sa SALn niya ay mga pagaari na niya bago pa man siya nakatanggap ng pera sa Piatco case. Ngayon, papaano naging bahagi yang mga ariarian niya sa 25M plus? Sarili lang ni La Serena ang linoloko niya.

    • spearheads

      Kung paniniwalaan natin ang “drama” ni La Serena ay mayroon na siya kaagad na one-woman-justice-precedent sa Supreme Court. Ang tawag ay “The La Serena’s Retroactive SALn for legal fees.”

  • SojuSaki

    Individuals engage in the practice of their profession are like business establishments. They have revenues in the form of professional fees and they incur operating expenses and pay taxes. 

    In the case of CJ Sereno, the 25M from Piatco case was earned over a 4-year period and definitely she also incurred expenses while in the process of performing her professional obligations. Aside from operating expenses she also paid taxes making her net income much lower. In addition, her net income would be further reduced by her and her family’s daily living expenses. 

    Thus, her declared SALN should be viewed to present fairly her true net worth unless someone proves otherwise.

  • kismaytami

    SALNs are as good as bathroom tissues, the values on these documents can be faked, doctored, edited, and assets undervalued. We’re interested on bank accounts, how much money flow in and out of the bank accounts of these justices.


    us$25,000,000.00 is equivalent to almost 1,000,000,000.00 pesos if taxes are deducted, expenses, and other obligations surely the 1,000,000,000.00 will have a bigger savings no more than 500,000,000.00 pesos which it should reflect in her SALN but its a far cry of only 19,000,000.00 only hmmm is this somewhat a poor math or mistaken computation?? why does it still a vague and very questionable SALN of cj sereno!!!

  • tower_of_power

    I am sure … maraming galamay si hindi-na-CORONADO …. simple lang … pakilusin na niya at kalkalin ang mga records ni CJ sa mga bangko kung talagang meron siyang nakatago. Hindi naman siguro sira si CJ SERENO na naisin maging CJ kung meron siyang itinatago.

    I am sure she is a lot smarter than hindi-na-CORONADO!!!

  • boybakal

    Chief Justice Sereno releases her SALN: P18 million in 2012.

    I hope when she retires by 2030, she should triple her SALN or more.
    We are a country of free enterprise….hoping that her investment gains more and fixed assets triple the value.
    We should speculate so as not to doubt of any wrongdoings.
    My forecast….her SALN would climb to 100 million.

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