JV Ejercito denies offshore firm, says ‘demolition job’ has begun

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San Juan Representative Joseph Victor “JV” Ejercito Estrada. INQUIRER FILE PHOTO

QUEZON, Philippines — Still smarting from the report that he snubbed Senator Jose “Jinggoy” Estrada’s daughter, San Juan Representative Joseph Victor “JV” Ejercito Estrada now has to fend off allegations about his alleged ownership of an offshore corporation.

Estrada believes that the attacks were similar to those on his father, former President Joseph Estrada.

“It’s Erap bashing all over again. We know who they are. Its 2001 all over again,” he said in a text message, referring to the year when the former President was ousted and jailed for charges of plunder.

Estrada on Thursday denied having snubbed Janella Estrada during the United Nationalist Alliance’s (UNA) rally in San Juan City, an issue which prompted Senator Estrada to air his disappointment with his half-brother.

He also denied information a Philippine Center for Investigative Journalism report that he owned a company called Ice Bell Properties Limited in the British Virgin Islands.

The company was not declared in Estrada’s statement of assets, liabilities and net worth (SALN), according to the PCIJ report.

But the lawmaker maintained that he “truthfully and accurately” declared his assets, liabilities and net worth and questioned instead the timing of the report on his supposed offshore company.

“(The) demolition job has started. First they hit on my character by snubbing my niece, now its accounts and properties in question,” said Estrada.

Asked who he thought was behind such efforts, Estrada said that it could be “another fellow candidate probably fanning this demo job to cover up his own issues.”

“Because they cannot find anything irregular in my stint as a public official, no onerous or anomalous contracts or transactions, that is why they need to dig into the past,” he said.

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  • Lightning_seed

    Sobra ganid ng pamilyang ito sa kapangayarihan at pera..ama, ina at kapatid ..gusto makinabang sa buwis ng simpleng mangagawang pinoy..kahit sa impyerno di kayo tatanggapin ni satanas dhil aagawan sya ng pwesto ng mga estrada

    • GOPHILIPPINESGO

      You forgot to mention the mistresses.

    • padrefaura

      parang mga aquino-cojuancgo lang

      • PinoyPower1

        Halatang pro-corrupt ka padre. Kailan man hindi nagsabay sa gobyerno sina ninoy, at cory. Hindi kagaya ni erap sabay na tumatakbo sa isang anak at isang kabit samantalang incumbent senator ang isa pang anak. higit sa lahat hindi corrupt ang mga aquino. si erap, convicted plunderer.

      • padrefaura

        halatang bayaran ka ng aquino-cojuancgo clan. walang pinagkaiba yan kung immediate family o relatives. noon pa, bago pa naging political dynasty ang mga estradas, ang mga cojuancgo na ang original na dynasty. alam mo ba yun?

      • rinom

        no to tatlong hari

      • Guest

        parang inamin mong pro-corrupt ka!!!

      • padrefaura

        Guni-guni mo lang yun. Stop taking drugs.

      • jseesus

        padre magdasAL ka na sa mga pinagsasabi mo… dahil ang ……..bobo mo.. hanggang ngayon ba naniniwala ka pa sa mga pelikula nitong idol mo…

      • padrefaura

        asus. bayad lang kayo ng malacanang, affected na kayo masyado sa sinasabi ko. hindi ko naman ipinagtatanggol ang mga estrada. ang sinasabi ko, kawatan din sila tulad ng aquino-cojuangco clan.

      • litotan

        may record ba ang mga aquino ng pagnanakaw?

      • nes911

        Ang issue ay si jv ejercito at ang angkan ng mga estrada. Out of order ka pare.

      • johnllander

        si padrefaura ay hindi lang yan out of order, out of his mind din iyan.

      • Yeng Milby

        oh now we know,., na may mga bayran dito na handang magtanggol sa mga Aquino- Cojuangco,. ahahaha,, huli tuloy sila,., nice on Padrefaura

      • padrefaura

        Ang isyu dun sa unang post nya ay political dynasty na kurakot at ganid.

      • romie carillo

        Parang mga aquino? May basehan ba ang opinyon mo? Paki esplika nga!! Syunga!!

      • padrefaura

        tessie aquino-oreta. hindi ba sapat na basehan na yun?

      • litotan

        at least the aquinos are not known as magnanakaw.

  • Hey_Dudes

    WOW! If their goal is met, ERAP will be mayor of Manila, Erap’s mistress mother of JV Ejercito is mayor again of San Juan and senator JV Ejercito if elected together with brother now senator Jingoy Estrada. By golly….how did we end up like this?

    • Tanya Ruiz

      the Filipino people decides the fate of the candidates, they are not just appointed but elected :) Ejercito-Estrada family has done great things in San Juan! #2013DOVote

      • nes911

        They also did great things among themselves. Tubo pa sila ng malaki. Do not vote these scalawags.

      • Luthmar

        Like what? Hide the loot in the Virgin islands?

      • Julian Makabayan

        Di nyo lang matanggap na kayo lang naniniwala sa mga Guni-guni nyo hahaha mas maraming bumoboto sa kanila kaysa naniniwala sa inyo… aminin nyo na

    • GOPHILIPPINESGO

      On the other hand, it is a positive sign that erap lost in san juan in the 2010 presidential election.

      I hope the voters will realize how shady and dishonest the estradas are. they are not trustworthy.

    • NAGMAMARUNONG

      ‘di lang ‘yan! may darating pang bago. welcome the binays!

    • imongredneck

      Here’s more, Bongbong will run for President in 2016, then more Marcoses join in both Houses. If they all get elected, you can only wish a stray NoKor bomb will hit Manila.

  • http://pedestrianobserver.blogspot.com/ Political Jaywalker

    Excuse me JV Ejercito, but who are you to be in the radar of the International Consortium of Investigative Journalist?

    The world does not revolve around you JV, you are just one among the many who owns a secret offshore bank account that was unearthed by the ICIJ that is considered the biggest leak since wiki leaks.

  • prince_janus

    Swapang ka talaga, JV! Katulad ka rin ng tatay mo. Kung ano ang puno ay siya rin ang bunga. Maawa na kayo sa Pilipinas. I-urong mo na kandidatura mo. Mag-concentrate ka nalang sa negosyo mo sa Virgin Islands! Di ka ba kuntento sa kinikita mo doon?

    • http://twitter.com/lovechloe15 chloe evangelista

      tama ka bro, like father like son, pareho silang makamasa at mahal nila ang mga pilipino.. huwag agad magbintang na wla kang sapat na ebidensya.. tsk! tsk! tsk! mabuting tao ang mga Ejercito-Estrada.. “Bayan muna, bago ang Sarili” un ang motto nila :)

      • litotan

        iyon ang problema,even if erap was convicted for plunder he still has the guts to portay himself as a hero of the poor.

  • dodong1

    DEMOLITION JOB???? NANAMAN??? wala na bang ibang gawing excuse itong mga mandarambong na polpolitikong mga ito…NAKAKASAWA NA TALAGA…

  • Noel

    While it’s possible that the accusation against JV is true, indeed the timing is suspicious. There are lots of others who have offshore investments especially the crooks of the GMA administration.

  • ruthieem7

    Prove it, PCIJ. Show to the public the papers you’ve acquired and let JV answer to it.

  • joshmale2004

    “He also denied information a Philippine Center for Investigative Journalism report that he owned a company called Ice Bell Properties Limited in the British Virgin Islands.”

    This is quite a tricky answer from JV. Is he denying the PCIJ report as true or is he denying ownership of the company mentioned? Can he be more specific if he owns the company or not? Is he avoiding future self incrimination?

    • Simon Ward

      You should really be blaming the journalist here. This question merited a direct quotation, and the question should have been couched in such a way that JV could not simply answer “Yes” or “No”. If he refused to be drawn, the reporter could have written, for example, “When asked whether he owned Ice Bell, he responded, ‘No’.”

      • joshmale2004

        That’s a very keen observation. Thank you Sir.

  • superlucky2

    BASTA MEMBER NG PAMILYA ESTRADA SEGURADO YAN MAGNANAKAW. JV EJERCITO MAAWA NAMAN KAYO, HUWAG NYO NA LUKUHIN PA ANG TAONG BAYAN. TAMA NA SA PAGNANAKAW NINYO, KAPAREHAS KA TALAGA NG TATAY MO NA MAGNANAKAW.

    • http://twitter.com/AnneThok2 Anne Thok

      FYI lang huh,., kaya nga kung anu2 na lang ang ibinibintang kay JV kasi wala silang makitang kaso ng graft and corruption.. naku2 naman.. walang ninkaw si JV at hindi siya kailan man magnanakaw..

  • pipsirho

    “Estrada believes that the attacks were similar to those on his father, former President Joseph Estrada.
    “It’s Erap bashing all over again. We know who they are. Its 2001
    all over again,” he said in a text message, referring to the year when
    the former President was ousted and jailed for charges of plunder.”

    Eh, kung totoo yung mga paratang kay Erap noon 2001, at napatunayan na mandarambong siya, at tila sinasabi ni JV na parehong grupo ang may kagagawan nito sa kanya ngayon; TOTOO RIN ANG SINASABI TUNGKOL SA KANYA!!!

    Malamang ang “off-shore account” na ito ay nabuksan noong kapanahunan ni Erap sa Malacanang para itago ang balato ni Erap kay JV mula sa pandarambong o sariling sikap ni JV gamit ng pangalan ng tatay!!!

  • droccu

    Wrong timing or not, the PCIJ report should be easy for JV to dispute categorically and point by point considering all the official financial documents that could be gathered- which the PCIJ already did to support their allegations.

  • joshmale2004

    Ice Bell Properties was incorporated at British Virgin Islands in July 1999. JV Ejercito is the sole Director and the address used for the Ice Bell Properties is the same address as the San Juan address of JV Ejercito. This company is still working and active as of Apri 02, 2013, the date when PCIJ made its inquiry.

    When JV became Mayor of San Juan in 2001, he did not disclose this property in his SALN where he keep his money to avoid being taxed in the Philippines.
    This explains why he did not confirm nor deny existence of this company on the PDI news above as there are already documentary evidence with PCIJ.

    • FILIPINOpatriot4ever

      Lahi ng mga plunderer at kurakot.

      • joshmale2004

        Actually, when this account was set up in 1999, JV was still a private person as he only entered politics as a Mayor in 2001. I suspect initially this account was a dummy account for his Father Erap who was the President at that time. The money on this account may have come initially from Erap’s illegal activities and later continued by JV when already he was in politics. I don’t know if Jinggoy knows how big the money in this account why the animosity between him and Jinggoy. This is just a personal hunch and maybe I could be wrong also. What do you think lol.

      • wakats

        Thanks josh. Your hunch is probably right that jv set up the overseas accounts on the 2nd year of his father’s presidency because the illegal money was so numerous in coming it would raise eyebrows if deposited in the local banks.
        Walang pinag-iba ang mga estradas – familia ng plunderers.
        Huwag iboto si jv pati na si nancy at jackie….

      • El_Gran_Capitan

        natumbok mo, like father like son

    • prince_janus

      Di na talaga dapat pa manalo itong mga Estrada bukod sa ganid sa kapangyarihan ay mga kawatan pa sa pera ng bayan. Pilipinas gising na!

  • joshmale2004

    JV can not claim politics as JV and Manny Villar were both investigated by PCIJ at the same time. Villar’s wife is running under LP. Like JV, Villar was found out to own Awesome Dragon Hildings Limited in BVI. The only difference is, Manny admitted to own the company under Fine Properties INC despite his wife running in the Senate.

  • Ulipur

    JV, you have to do better than saying that all these are coming out as parts of a demolition job. It is reported that you are just one of around 100 Filipinos who have offshore assets in the BVI.

    More will be coming out…Be ready with your answers.

  • wakats

    Jv, the timing may be questionable but the expose’ has credibility since it came from the PCIJ – an organization of professional and respected journalists who has contact worldwide, especially the ICIJ.

    They have also exposed the secret bank accounts of imee marcos in the British Virgin Islands, the favorite hiding place of corrupt officials who have amassed vast wealth out of public funds and the proceeds from nefarious activities arising from their positions of influence.

    It’s not demolition job, jv – it’s your pandora’s box left ajar and smells bad….

  • buttones

    An Estrada, a member of one of our illustrious first families involved in questionable
    activities? OMG! I simply refuse to believe it! Perish the thought! I think it’s
    politically motivated….

    • johnllander

      You’re just politically blind!

      • buttones

        No my dear- not blind at all just very sarcastic- try and read my post a different way John, not so literally, more ‘tongue in cheek’, satirically speaking sort of thing…I was ridiculing the Estrada family….

      • imongredneck

        No!!!. You are ridiculing the Estrada’s? The one and only Estradas of PHL ?. How could you? OooNoooo!!!!!!! Noooooo!!!

    • nes911

      Meron pa palang nahihibang sa mga estrada. Member ka yata ng kawatan incorporated

      • buttones

        Another one, OMG another one! You and johnllander. Doesn’t ANYBODY understand satire,can’t you see when someone is being sarcastic? I despair, I really do, didn’t you see the exclamation marks?

  • dodong1

    EVENTUALLY itong mga kumag na ito mamatay din and it will show that money doesn’t buy immortality. We all(rich and poor) end up meeting the same fate sooner or later and NONE of the wealth goes with us.

    • rinom

      correct, we came and bring nothing into this world and it is certain we will leave and bring nothing out of this world. kung ganyan man sila, kawawa sila dahil patuloy silang nalilinlang ni satanas

  • ernesto

    youre time will come to an end,dont be so greedy

  • lolo_Jose

    MGA pamilyang imoral at ganid sa pera!!!
    NO TO ERAP!!!
    NO TO JV EJERCITO!!!
    NO TO GUIA GOMEZ!!!
    NO TO UNA !!!

    • penoy2012

      E kay Laarni?

      • lolo_Jose

        pati ba un hahabol? sus inang mahabagin, ipag adya mo po kami sa mga buwitreng estradas at binays….

      • Luthmar

        Next yan. Pagkatapos ni Guia.

  • Rolling Stone

    JV, demolition? Try the link below and you will find that you are ONLY one of 120,000 offshore companies and trusts exposed by ICIJ:

    http://www.icij.org/offshore/secret-files-expose-offshores-global-impact

  • kilawon(the return)

    tang na kayo mga imperial manila ….saksakan kayo sa kurap ! sana bombahin kayo ng NOKOR!

  • Albert Einstien

    PCIJ should investigate everybody….especially those NOTORIOUS KKK’s…..

    PCIJ should look into this news..abs cbn.news 3/06/2013

    ‘PNoy received money from Malaysia’

    David claimed the President received money from

    Malaysia, which is the reason behind his stand on the Sultanate of Sulu’s
    claim over Sabah.

    “He never wanted [to pursue the claim] in the first place… It is not

    possible for them to take such positions and speak against their own people
    if they are not on the take,” he said.

    When asked what he would do if he is slapped with libel cases due to his

    accusations against Aquino, David said: “I would welcome it provided I will
    be given a day in court.”

    KURAPSYON at KASINUNGALINGAN to the max GRABE..HOY CONGRESS ANO NA gawa NYO…recess kayo ng recess NAGKAKABENTAHAN na…dapat magkaroon din ng INQUIRY ito…..

    JV should explain….GENERAL DENIAL will ONLY cast more doubts..

    • nes911

      Hogwash!

  • brunogiordano

    Estrada on Thursday denied having snubbed Janella Estrada during the United Nationalist Alliance’s (UNA) rally in San Juan City, an issue which prompted Senator Estrada to air his disappointment with his half-brother.

    DEMOLITION JOB?????

    Hindi kailangan ang demolition job.

    Kayo mismong magka kapamilya hindi magkasundo, hindi na kailangan ang demolition job.

    Bago mag election malamang mag implode kayo na walang ibang tao na nakikialam.

  • indiosbravos2002

    PCIJ is not always accurate but that is just because of the many filters of dirt they need to dig in before they uncover dirty secrets . However, what is always accurate is they will not publish without basis. JV can deny all he like, however, The Estrada/Ejercitos have established themselves as known crooks/plunderers/liars. Its just a matter of asking who has more credibility.

  • anu12345

    He also denied information a Philippine Center for Investigative
    Journalism report that he owned a company called Ice Bell Properties
    Limited in the British Virgin Islands.

    I would sue PCIJ then.

  • koolkid_inthehouse

    Jinggoy Ejercito Estrada the senator- pork went to fake NGO.
    JV Ejercito Estrada the congressman – secret property in Virgin Island

    Joseph Estrada the ex-president -convicted of plunder

    Vote UNA to complete the big high noon robbery in the Philippines while Filipinos are hoodwinked to the Gangnam style and Harlem shake moves.

    Filipinos are loser.

    • Guest

      Marami na ngaong maangas sa Senado, dadagdagan pa ni JV. Sana di manalo ang ogag na yan.

  • nes911

    Tama ang pulso ng bayan, walang estrada o ejercito na matino. No to estrada dynasty.

  • Maldi2

    Estrada’s should be completely erased out of Philippine politics! Dapat bitayin ang mga ito!

  • Guest

    Pareho lang namang mayabang si JV and Jinggoy, sinungaling pa pareho. Kanino pa ba magmamana kundi sa tatay nilang si Erap.

  • Guest

    MANILA, Philippines – How do public officials with secret offshore accounts react, when found out?

    The PCIJ confronted a senator, a congressman, and two former government executives with questions about secret accounts that each had opened separately in offshore havens. It’s diff’rent strokes for diff’rent folks.

    San Juan City Rep. Joseph Victor G. Ejercito evaded questions about his role in Ice Bell Properties Limited as sole director. The offshore corporation that registered in the British Virgin Islands (BVI) in 1999 remains ‘active” to this day but which he has not disclosed in all the Statements of Assets, Liabilities, and Net Worth (SALNs) that he had filed since 1999.

    Cocky at worst, cagey at best, one could say of Ejercito’s reaction. He calls “the timing” of the story “highly suspicious” while he campaigns, he says, as a top contender for the Senate.

    He offered the PCIJ unsolicited advice about what he seems to suspect could be the ill motives of unnamed people that he seems to suspect are behind the story, “I hope that you will not allow yourself to fall in the manipulative efforts of desperate people in dirty politics.”

  • Guest

    Hindi tinanggap ni JV ang offer na tulong ni Jinggoy tapos ngayon inisnab naman ang anak ni Jinggoy na si Janella. Malupit talaga, talagang mataas ang ere ni JV

    • Julian Makabayan

      hahaha nakakatuwa ka na naman, magkasama pa sa picture ung dalawa sa proclamation rally at nag beso pa ung dalawa dun sa actual video na naging basehan ng kung sinong bias reporter, kaya ayun nakuryente hehehe nood nood din wag mang hula lang hehehe

  • nano

    JV Ejercito , denies the allegation sino bang paniwalaan ng taong bayan? ikaw na anak ng plunderer o yung mga international group of Journalist who spend time and effort to invistigate the offshore investment the whole world . Around 130 thousand names all over world , appear in this invistagation.It covers more than 40 countries .So huwag mong sabihin na inilabas ito dahil election. In other countries maski walang election lumabas ang mga pangalan and they dont deny it.
    Mabuti pa aminin mo nalang ,the people are

    tired with lies . Kung manalo ka ilagay mo na yan sa SALN next time.

  • Luthmar

    Well, JV I have news for you. The attacks on your father proved to be right. He was found guilty of plunder, convicted and jailed. So, why even say something. The more you keep quiet the less you will reveal. Only a fool will admit wrong doing. This is PCIJ investigating you, humanda ka na.

  • Julian Makabayan

    Diyan po kayo magaling! ang gumawa ng mga haka haka, masyado kayong matatalino, madaming alam na kwento kaya ang pilipinas napag iiwan. biruin mo sa isang report na wala pa naman inilalabas na ebidensya ay ang dami nyo nang natahing kwento… Kung ako sa inyo kaysa dumaldal kayo nang dumaldal asikasuhin nyo mga buhay nyo para yumaman kayo at makatulong sa ating bansa!

  • Bikolan0ako

    Indeed a rehash from more than a dozen years ago! Your opponents are desperate! So is there anyone among them without accounts and/or businesses? Seriously! Desperate people resort to desperate measures. Sadly such is politics in the Philippines. typically dirty. [ via Gilda Reyes]

  • Bikolan0ako

    Ignore them don’t waste your time with nonsense people whose trying to pull you down. Just continue your good deeds and trust in God! No man can pull you down. Keep up the good works and congrats in advance u will be in top 1 this coming election!!! God Bless!

  • Guest

    O baka naman isisi ng mga Estrada ang PCIJ report kay Chiz Escudero. Hay naku na kayo talaga paniniwalaan ng taumbayan.

  • Guest

    Kung idineklara lang ni JV sa kanyang SALN yang company na yan, walang problema, kaso tinago niya. Yan tuloy sakit ang ulo niya. Bwahaha!

  • Guest

    Karma! Yan ang resulta ng ginawa nilang paninira kay Chiz Escudero. Karma, karma, karma!

  • litotan

    to prove his honesty he should not only deny but execute a waiver over the account..

  • http://twitter.com/waynesantiago Wayne Santiago

    malaki ang paghanga ko kay Rep. JV, maganda ang mga ipinakita nya at marami siyang nagawa para sa San Juan. Ang track record nya ay kahanga-hanga. This issue is a demolition job..

  • pedro Bato

    Antayin mong lumabas ang mga documentary evidence bago mo sabihing demolition job. . . . . . and explain where you are getting your wealth. . . your business . . where’s the source of your money which seems bottomless

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