Guo declares P367 million assets, P189 million liabilities

MANILA, Philippines —  Controversial Mayor Alice Guo of Bamban, Tarlac has a net worth of P177.5 million, with assets of P367 million and liabilities of more than P189 million as shown in her statement of assets, liabilities and net worth (SALN) as of December 2023.

In Guo’s SALN submitted to the Senate committee on women and children chaired by Sen. Risa Hontiveros, the mayor has a total liability of P189.633 million and net worth of P177,553,060.13.

Guo has listed nine pieces of property, including six in Marilao, Bulacan, two in Bamban and one in Capaz, Tarlac.

The properties were acquired for over P20 million. The first property was acquired in 2008.

The mayor registered under her name three dump trucks worth P2 million each.

Guo also registered a helicopter worth P60 million, but she told a Senate public hearing that she had sold the aircraft to a British company earlier this year.

She also declared as her personal properties her shares of stocks with QJJ Embroidery Center Inc., Con-HORQ Summer Real Estate Group Inc. and Balesin Island Club Inc.

She also has pieces of jewelry worth P1.5 million and P198 million in the bank and cash on hand.

During the May 23 public hearing at the Senate, Hontiveros presented some photos of Guo’s 16 vehicles and said these included sport utility vehicles, pickup trucks, closed vans and dump trucks.

Guo maintained that she acquired her properties while working on her father’s farm where she grew up.

President Marcos should consider Philippine offshore gaming operators (POGOs) as a national security threat, Sen. Hontiveros said on Wednesday.Emerging from over three hours of a Senate executive session, Hontiveros renewed calls for the President to impose a total ban on POGOs in the country. “At the end of the executive session, a call to the National Security Council to raise the issue of POGO as a national security threat to the President,” Hontiveros told reporters during Wednesday’s Kapihan sa Senado.“In principle, confidential is the content shared by the agencies including NSC, ISAFP (Intelligence Service of the Armed Forces of the Philippines), AMLC (Anti-Money Laundering Council) and many others as well as the