1-PACMAN solon still the richest House member

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Metro Manila (CNN Philippines, July 15) — 1-PACMAN Party-list Representative Michael Odylon Romero is still the richest member of the House of Representatives, according to Congress data released Sunday.

Based on the summary report of congressmen's Statement of Assests and Liabilities and Net worth (SALN), Romero has a declared net worth amounting to ₱7.29 billion as of December 31, 2017. This is higher than his ₱7.009 billion net worth in 2016.

Romero's total assets and liabilities are at ₱7.328 billion and ₱37 million, respectively.

The port tycoon last year went on the run due to a theft case filed by his father businessman Rhegis Romero II.

Diwa Party-list Representative Emmeline Aglipay-Villar, the wife of Department of Public Works and Highways Secreatry Mark Villar, ranks second with a net worth of ₱1.4 billion.

Negros Occidental 3rd District Representative Alfredo Benitez, meanwhile, trails with ₱1.004 billion net worth.

Benitez is a majority owner and the former president of Leisure Resort's World Corp. He is also among the prospective senatorial candidates of PDP-Laban for next year's election.

 

The other representatives on the list are the following:

• Ilocos Norte 2nd District Representative and former first lady Imelda Marcos (₱920 million)

• Quezon City 4th District Representative Belmonte Feliciano (₱861 million)

• Manila Teachers Party-list Representative Virgilio Lacson (₱791 million)

• Marikina 1st District Representative Bayani Fernando (₱739 million)

• Batangas 6th District Representative Rosa Vilma Santos-Recto (₱538 million)

• Davao del Norte 2nd District Antonio Floirendo (₱523 million)

• Leyte 1st District Representative Yedda Romualdez (₱478)

• Pampanga 2nd District Representative and former president Gloria Macapagal-Arroyo (₱464 million)

 

Meanwhile, Kabataan Party-list Representative Sarah Jane Elago still has the lowest declared net worth with only ₱75,800.

Under the Section 8 of the Code of Conduct and Ethical Standards for Public Officials and Employees, those who hold positions in the government are required to file their SALN.

This includes their businesses and financial interests making up their net worth. Their assets and liabilities, as well as those of their spouse and unmarried children under 18 living with them must also be disclosed.

CNN Philippines correspondent Joyce Ilas contributed to this report.