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Senator Lacson disputes Cayetano's claims on net worth and accuses him of budget insertions
Photo: gmanetwork.com
2026-07-18 18:34   Politics   10

Senator Lacson disputes Cayetano's claims on net worth and accuses him of budget insertions

Senator Panfilo Lacson denied Senator Alan Peter Cayetano's allegation that his net worth had doubled, countering by accusing Cayetano of securing P6.79 billion in budget insertions under the 2025 General Appropriations Act.Lacson emphasized that he has no pork barrel projects or kickbacks from infrastructure initiatives, contrasting with Cayetano's claims.

The dispute arose from Cayetano's Facebook Live broadcast where he questioned the arrests of minority senators Jinggoy Estrada and Rodante Marcoleta, labeling them as 'political prisoners.' Estrada faces plunder charges related to a flood control scam, while Marcoleta admitted to unreported campaign contributions.

Cayetano also raised concerns about Lacson's and Senate Blue Ribbon Committee chair Erwin Tulfo's SALN disclosures, suggesting his net worth doubled.Lacson refuted this, stating his income comes from legitimate private ventures and that his tax returns verify his financial status.He further alleged that Cayetano's budget insertions included uncompleted projects worth P75 million.

The controversy highlights ongoing debates about budget realignments and alleged misuse of public funds, with Lacson warning against hasty investigations and hinting at similar issues in Taguig City.

Full reading at gmanetwork.com

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