Philippines: Duterte denies having millions in undeclared cash

CONTROVERSIAL Filipino presidential candidate Rodrigo Duterte denied having amassed huge sums of money funds from graft activities that have largely gone undeclared over recent years.

The presidential front-runner says he has no ill-gotten wealth after a senator alleged that he kept more than 200 million pesos (US$4.2 million) in a bank account in 2014 that he failed to declare publicly as required by law.

Speaking at a news conference, the Davao City Mayor said he authorized his lawyer to go to the bank on Monday to explain to his accuser that he did not commit any wrongdoing.

Sen. Antonio Trillanes IV said Friday he would go to the bank to meet Duterte’s lawyer.

SEE ALSO: Philippines: Controversial candidate Duterte takes the lead in polls

Duterte has led in voter preference polls ahead of the May 9 elections on a promise to rid the country of crime and corruption within six months if he wins.

In a recent survey carried out by Pulse Asia, Duterte came out on top, with 34 percent of the 4,000 respondents favoring him as president, while Senator Grace Poe came in second with 22 percent.

But Pulse Asia President Ronald Holmes pointed out that the survey was concluded prior to Duterte’s statements, which may have since influenced his popularity.

Sourced through Scoop.it from: asiancorrespondent.com

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