Liga ng mga Barangay president and ex-officio member Patrick Alex Hagedorn is the richest elected official of the city government, according to the summary of their Statement of Assets, Liabilities and Net worth (SALN) gathered by Palawan News.
Hagedorn declared a net worth of P11,131,310.60 as of December 31, 2016, with P11,598,015.02 real and personal property assets and Php466,704.42 liabilities.
The SALN report of all elected officials was furnished to Palawan News by the Human Resources and Management Office (HRMO) of the city government Thursday afternoon.
Following Hagedorn with the highest net worth is city councilor Peter Maristela with P8,279,500.00 and city councilor Nesario Awat with P6,900,000.00.
The three next richest elected officials of the city government based on the report shows city councilor Matthew Mendoza (P3,700,934.50), city councilor Jimmy Carbonell (P3,379,000.00), and city councilor Modesto Rodriguez (P2,350,000.00) and incumbent city mayor Lucilo Bayron (P2,337,000.00).
Having the least net worth among the fifteen officials is Councilor Victor Oliveros with P1,983,866.4. Following him are acting city vice-mayor Maria Nancy Socrates with P1,618,850.00, detained vice-mayor Luis Marcaida III declaring P1,440,616.40, city councilor Henry Gadiano with P723,604.12. Councilor Roy Ventura reported a net worth of P379,500.00, Councilor Nestor Saavedra with P40,700.00 and Councilor Rolando Amurao with total liabilities of P521,510.40.
RA 6713 (Code of Conduct and Ethical Standards for Public Officials and Employees) of the 1987 Constitution requires that every elected official of the Philippines should submit their SALN report within 30 days after assuming position, on or before April 30 every following year, and within 30 days after separation from service.
“A public officer or employee shall, upon assumption of office and as often thereafter as may be required by law, submit a declaration under oath of his assets, liabilities, and net worth.”