Binay urged to stop ‘general denials,’ reveal ‘true wealth’ | Inquirer News

Binay urged to stop ‘general denials,’ reveal ‘true wealth’

/ 01:18 PM May 16, 2015

Vice President Jejomar Binay.  CDN PHOTO/JUNJIE MENDOZA

Vice President Jejomar Binay. CDN FILE PHOTO/JUNJIE MENDOZA

Following the freeze order issued over his alleged multi-million worth of bank accounts, Vice President Jejomar Binay should stop making “general denials” and start explaining his “true wealth” to the public, a former party-list representative said.

READ: Court freezes Binay assets

Article continues after this advertisement

In a statement, Bagong Alyansang Makabayan (Bayan) spokesperson and former Bayan Muna Representative Teddy Casiño urged the Binays to divulge their assets to the public and explain how they were acquired.

FEATURED STORIES

“The charges and the information revealed so far indicate corruption of such scandalous proportions that these cannot be dismissed by general denials or attribution to a demolition job by the Vice-president’s enemies,” he said, calling reports as “grave allegations of systematic plunder.”

Casiño also said other people involved should be properly investigated so the issue would not end up as “mere politicking.”

Article continues after this advertisement

“It is the task of the Courts, the Ombudsman, the Department of Justice and related agencies to see to it that appropriate cases are properly filed,” he said.

Article continues after this advertisement

The former congressman, however, did not limit his call to the Binays. He said administration allies involved in monetary scams, specifically those tagged in the misuse of the Priority Development Assistance Fund, should also be probed and charged.

Article continues after this advertisement

“Even as we seek truth and accountability with regard to the Binays, we reiterate our demand – ‘Lahat ng sangkot, dapat managot,’” Casiño said. “The matter of Binay’s alleged corruption should not be used to cover-up the far bigger systemic corruption under the Aquino regime’s pork barrel system and the public-private partnership projects.”

Casino did not also dismiss politicking, particularly Binay’s presidential bid in 2016, as a possible reason behind the freeze order on Binay’s assets, among other allegations.

Article continues after this advertisement

READ: Binay camp: LP to use AMLC report to continue demolition job vs VP

“It is only now however that associates of the President are going after Binay because of the need to position favorably for 2016. That, rather than any noble motives, explains the current revelations of Binay’s corruption,” he said, adding that the allegations may fade if ever Binay decided to pull out from the race.

“Corruption is the norm.The ruling elite, whatever their political affiliation, engage in such obscene, corrupt practices where impunity is the rule rather than the exception,” he added.

Last May 11, the Court of Appeals granted the petition of the Anti-Money Laundering Council (AMLC) to freeze the vice president’s P600-million worth of bank accounts, in connection to the investigations being conducted by the Office of the Ombudsman on the allegedly overpriced Makati City Hall Building II and the Makati Science High School.

On Thursday, Binay broke his silence and denied that he has hidden wealth, adding that only five of the 242 bank accounts in the freeze order were under his name.

READ: Binay: I don’t have hidden wealth

READ: Binay: My wealth acquired legally; I’ve other businesses

The AMLC reportedly submitted a report to the Court of Appeals showing that the deposits under Binay’s name, including his son and alleged dummies, already reached P11 billion since 2008. KS

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

READ: AMLC: Binay, allies deposits reach P11B

TAGS: Abby Binay, AMLC, Court of Appeals, freeze order, Makati

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.