Tuesday, October 3, 2017

Trillanes: ‘Duterte bank transactions amounted to P2.2B from 2006 to 2015’

Senator Antonio Trillanes, locked in a tift with President Duterte over their respective bank accounts, on Tuesday afternoon disclosed in a privilege speech that he has unearthed alleged Duterte bank transactions amounting to PhP2,207,257,961.79 during the period September 2006 to December to P2015.

The revelation comes in the wake of President Duterte’s pronouncement before lawyers recently that he is willing to be shot if it is proven that he has financial wealth in excess of P40 million.

“I assure you, all in all, it would not go beyond P40 million,” Duterte stressed during the induction of officers of the Integrated Bar of the Philippines at the SMX Convention Center Saturday night.

Trillanes said he felt compelled to defend against attacks on his credibility by going to Singapore to personally disprove allegation of offshore bank accounts that Duterte has attributed to him.

In the privilege speech, Trillanes claimed that, in April 1 2014, four of Duterte’s accounts purchased so-called Life with Investment insurance policies worth P20 million each for a total of P80 million in just one day.
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