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Friday, April 26, 2024

Estrada’s P14-m assets garnished

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THE Sandiganbayan has garnished  several pieces of property and bank deposits of Senator Jose “Jinggoy” Estrada in connection with the plunder and graft charges he is facing for allegedly receiving kickbacks from his pork barrel fund scam.

The Fifth Division confiscated Estrada’s real estate property and P14 million in  bank accounts.

Only the Metrobank had informed the anti-graft court about its garnishment of Estrada’s P70,504 savings account.

Also garnished were two condominium units in San Juan of P552,960 and P903,210, respectively.

His private lots in Quezon City were also seized with market values of P450,000, P228,590, P1,368,000, P7,178,830 and P927,000.

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A commercial land with a market value of P2,739,080 was also placed under confiscation, while Estrada’s farm lands in Lipa, Batangas, worth P169,171 and P297,506, were also garnished.

The Office of the Ombudsman  had filed the writ of petition of  garnishment against his assets. 

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