ON ANDY BAUTISTA’S ALLEGED DIRTY WEALTH…

07 August 2017

A story in inquirer.net (http://newsinfo.inquirer.net/920862/wife-says-poll-chief-has-unexplained-wealth) details an expose by the wife of Commission on Elections Chair Andres ‘Andy” Bautista of his supposed P1 billion ill-gotten wealth. In a separate story (http://newsinfo.inquirer.net/920860/comelec-chief-accuses-wife-of-extortion-attempt), Bautista denied any wrongdoing.

Bautista’s wife Patricia said his alleged dirty monies include:

• 35 Luzon Development Bank (LDB) passbooks with a total balance of P329,220,962
• Foreign currency and peso accounts with Rizal Commercial Banking Corp. RCBC) with $12,778.30, or P640,959.53 (at P50.16 to $1.) and P257,931.60
• An HSBC account with HK$948,358.97 or P6.10 million (at P6.43 to HK$1.00)
• A condominium unit in One Bonifacio High Street at Bonifacio Global City (BGC) in Taguig City
• A condo unit in The District in San Francisco, California

.Investments in Bauman Enterprises Ltd., a company established in the British Virgin Islands on Sept. 29, 2010; a trustee company that Bautista allegedly set up with Bank of Singapore; Mantova International Ltd., established in Brunei Darussalam on April 26, 2011.and Mega Achieve Inc., established in Anguilla, a British overseas territory in the Caribbean, on July 15, 2014.

Now, think about these people: Bautista said Patricia ransacked his cabinet in their condominium unit in November last year and stole his “financial documents.” This is MISLEADING BULLSHIT! They were still husband and wife then so ALL THEIR PROPERTIES/POSSESSIONS WERE CONJUGAL, or owned by both of them and NOT by Andy alone.

On the LDB accounts, Bautista said: “I don’t think it was that many. These monies don’t all belong to me. Most of them belong to my parents, to my brother and sister.” Then WHY THE HELL is he THE ONE KEEPING THEIR PASSBOOKS? Are they DISABLED or ILLITERATES or MENTALLY SICK in any way that they can’t be trusted with their own monies? Or is it because the monies were only under their names? The same question for the California, property which he says belongs to his sister, Susan Afan.

On Mantova International Ltd., he said he was “trying to fix a loan, but it never pushed through.” There must be something VERY SPECIAL then with the papers that he still kept these despite the supposedly rejected loan. On Bauman Enterprises Ltd., Andy said he only had one offshore account and that was in Singapore.  But take note, guys, this is ENTIRELY DIFFERENT form Patricia’s expose that Andy SET UP the firm, meaning he was ONE of the owners.

Andy said he does not have any account with HSBC and he had declared the rest in his statement of assets liabilities and net worth (SALN).Be the judge, people. The floor is yours. 30