Bicol Saro party-list Rep. Terry Ridon – Photo courtesy of Terry Ridon/Facebook
House prosecutor Terry Ridon said the subpoenaed bank and tax records of Vice President Sara Duterte and her husband, lawyer Manases “Mans” Carpio, will be crucial in examining the impeachment article alleging unexplained wealth.
Ridon said the documents would enable the prosecution to compare the couple’s after-tax income, Duterte’s Statements of Assets, Liabilities and Net Worth (SALNs), and the financial transactions reflected in reports of the Anti-Money Laundering Council (AMLC).
According to Ridon, the tax records would establish the couple’s lawful income after taxes, which prosecutors intend to measure against Duterte’s declared net worth of Php 88.5 million in her 2024 SALN and the financial transactions cited in the AMLC report.
He said the comparison would help determine whether the figures are consistent or whether significant discrepancies emerge that would require further scrutiny during the impeachment trial.
Ridon added that the subpoenaed bank records are expected to validate the AMLC’s findings by identifying the accounts and transactions cited in the agency’s report.
He also said the records could clarify whether Duterte properly disclosed her cash holdings in her SALNs, noting that her filings from 2019 to 2024 did not include separate entries for cash on hand or cash in bank.
Ridon maintained that the SALN law requires specific disclosure of cash assets and said the financial records would help prosecutors assess whether reporting requirements were complied with.
The Senate impeachment court earlier granted the prosecution’s request to subpoena the Duterte-Carpio couple’s bank and tax records. Prosecutors expect the AMLC and bank documents to be submitted by July 30, while the release of the tax records remains subject to the conditions set by the court.