10 of 18 Firms Linked to VP Duterte Paid No Dividends, Witness Says

Ten out of 18 companies linked to Philippine Vice President Sara Duterte and her husband had no declared dividends, according to Securities and Exchange Commission (SEC) records cited by a prosecution witness. The information was presented by private prosecutor Erwin Matib, who offered the testimony of SEC Company Registration and Monitoring Department Director Gerardo del Rosario. This revelation is part of ongoing scrutiny regarding the Vice President's financial disclosures. In the Philippines, asset declarations by public officials are a critical mechanism for ensuring transparency and combating corruption. The financial status of companies associated with the Vice President and her family often draws public attention, with a strong demand for clarity. The witness's testimony could further amplify concerns about transparency surrounding the Vice President's assets, making the outcome of future investigations and hearings a subject of keen interest. Source: Inquirer NewsInfo