HOME PAGE ABOUT US CONTACT US SUBSCRIBE ADVERTISE ARCHIVES
TOP STORIES NATION ECONOMY COMPANIES SHIPPING OPINION PERSPECTIVE LIFE SPORTS MOTORING
SEARCH ENGINE
WWWOur Site
Anchored by Jonathan dela Cruz, Salvador Escudero, Boying Remulla, Teddy Boy Locsin and Alvin Capino
Monday to Friday
8:00pm-10:00pm

ARTICLE SERVICES
  • bookmark this page
  • print this article
  • view archive
  •  
    Iggy’s wife asks court to stop drain on assets
    By Claudette Mocon

    Reporter

    THE estranged wife of the President’s brother in law, Kabalikat ng Malayang Pilipino Rep. Ignacio “Iggy” Arroyo of Negros Occidental, on Tuesday asked the Regional Trial Court in Pasig City to stop her husband from dissipating their community assets after allegedly discovering a loss of more than P126 million.

    In a news conference Alicia Rita “Aleli” Arroyo admitted that she was “surprised and shocked” about the losses in a span of just one year.

    “In the last week of May 2007, when the Statements of Assets and Liabilities (SAL) of Congressman Ignacio Arroyo became public, his legal wife Alicia Rita ‘Aleli’ Arroyo was shocked to learn that Congressman Iggy removed from his SAL certain assets belonging to the absolute community of property of the spouses, it has substantially decreased the community assets by more than 44 percent,” Lorna Kapunan, Aleli’s lawyer said. 

    Based on Iggy’s SAL, Aleli said the lawmaker's net worth assets had dropped to P160 million as of December 2006 from P287 million in 2005.

    “For a year now since my husband left, I did not obtain any financial support and then I was just shocked to learn that he has depleted our conjugal assets by P126.7 million and that is quite a lot in a year’s time,” Aleli told reporters.

    Aleli admitted that Arroyo has a nasty habit of using pseudonyms, citing the “Jose Pidal” account which allegedly contained hundreds of millions of pesos, which she said is already “empty.” She also accused the congressman of not financially supporting her and their daughter, Alelu.

    The lawyer said her client wanted an accounting and inventory of their money; wanted to be appointed by the court as receiver of the money; and third, was seeking financial support from her husband. 

    OTHER STORIES

    $1.23-B MRT-7 bidders retreat


    April imports rise 5.7% on weak demand


    North Harbor investors eye alien muscle


    Indices for production still lackluster


    Global, local tobacco giants clash in SC over excise tax law


    Finance department orders quick study on VAT for toll


    Tech-savvy applicants let ‘vidres’ help them land jobs


    Lightning hits Transco facility, triggers outages


    More Filipino children obese, sedentary


    RP back on Singapore‘s radar screen


    Iggy’s wife asks court to stop drain on assets