The second article in the impeachment complaint against Vice President Sara Duterte accused her of allegedly amassing wealth disproportionate to her lawful income, failing to fully disclose assets in her Statements of Assets, Liabilities and Net Worth (SALN), and maintaining business interests while serving as a public official.
Article II of the impeachment complaint charged Duterte with culpable violation of the Constitution and betrayal of public trust, claiming she failed to truthfully declare all assets, liabilities, and business interests in her SALNs from 2022 to 2024.
The complaint also alleged that Duterte continued to hold business interests during her tenure as vice president from 2022 to 2025 despite constitutional restrictions on public officials.
Lawmakers cited provisions of the Constitution, Republic Act No. 6713 (Code of Conduct and Ethical Standards for Public Officials and Employees), and Republic Act No. 3019 (Anti-Graft and Corrupt Practices Act), which require government officials to fully disclose their assets and divest from private business interests that may conflict with public office.
According to the impeachment article, Duterte’s estimated total salary earnings from her years as Davao City vice mayor, mayor, and eventually vice president from 2007 to 2024 amounted to around P30 million.
The complaint noted that Duterte and her spouse declared interests in several corporations, including Metro City Chow Foods Corporation, Gencorp Industries, CALE88 Foods Corp., Madayaw Fisheries Corp., Geometry Security and Investigation Agency Inc., Cabletow 88 Shipping and Marine Services Inc., and other companies.
However, the impeachment article claimed that audited financial statements of these businesses showed combined losses, allegedly making the reported increase in the couple’s wealth difficult to reconcile with their declared lawful income.
The complaint stated that Duterte’s declared net worth reportedly rose from P7.25 million in 2007 to P88.5 million in 2024, an increase of roughly P80 million over 17 years. Lawmakers argued that the increase exceeded the family’s estimated lawful earnings by around P50 million.
The article also cited records from the Anti-Money Laundering Council (AMLC), which allegedly flagged transactions involving Duterte and her spouse amounting to billions of pesos between 2007 and 2024.
According to the impeachment complaint, AMLC records identified approximately P6.7 billion in covered and suspicious transactions, including around P4.4 billion in inflows and P1.5 billion in outflows.
The article said AMLC reports documented 630 covered transaction reports and 33 suspicious transaction reports allegedly linked to Duterte and her spouse.
The impeachment complaint argued that the volume of transactions could not be reconciled with Duterte’s declared income as a public official and may constitute unexplained or ill-gotten wealth under existing laws.
The article also referenced allegations made by former senator Antonio Trillanes IV, who claimed some transactions were linked to illegal activities, including alleged drug-related operations.
The complaint further alleged that AMLC investigation reports suggested possible links to predicate offenses associated with money laundering, including drug trafficking, graft and corruption, and malversation of public funds.
The impeachment article also questioned Duterte’s SALN declarations, claiming that despite billions of pesos allegedly moving through bank accounts associated with her and her spouse, such amounts were not reflected as cash assets in her filings.
Lawmakers pointed out that the highest declared cash amount in Duterte’s SALNs was reportedly only around P6 million, while no cash on hand or in bank was declared from 2019 to 2024.
The complaint additionally cited Securities and Exchange Commission records showing Duterte remained an incorporator, director, and minority shareholder of Metro City Chow Foods Corporation from 2022 to 2025, with a reported 20-percent ownership stake.
According to the impeachment article, Duterte also served on the company’s executive and compensation committees during the same period.
The complaint concluded that Duterte allegedly violated constitutional provisions requiring transparency in SALN declarations and prohibiting certain business interests while in office, accusing her of fostering conditions where private business dealings and public duties became intertwined.