House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate issued the challenge after the Pandora Papers exposé revealed offshore financial assets owned by ultrawealthy and powerful men worldwide, including 35 Filipinos. ADVERTISEMENTZarate said Mr. Duterte and his allies should also sign waivers and allow their bank accounts to be examined for transparency. Unprecedented“If you are not hiding anything, do not wait until your names are included in the Pandora Papers or other similar exposés on the hidden wealth of greedy, powerful, rich or corrupt persons,” he added. In an unprecedented leak of financial records from around the world, the Pandora Papers revealed that more than 35 Filipino officials, politicians, bankers and businessmen had links to offshore accounts, some of which had legitimate uses. Zarate, however, noted that while Tugade did declare his offshore holdings in his SALN, he did not list down the details of the offshore companies.

Source: Philippine Daily Inquirer October 06, 2021 21:44 UTC