Carcar City’s Mario Patricio Barcenas and Danao City’s Ramon Durano VI are the wealthiest of seven city vice mayors in Cebu province based on their Statements of Assets, Liabilities, and Net Worth (SALN) released by the Ombudsman-Visayas.
Barcenas, who served as Carcar City mayor for three terms before he was elected vice mayor, had the highest net worth of P20.26 million as of December 31, 2014.
Durano was close behind with a self-declared net worth of P19.08 million.
Durano also identified 12 relatives in government service.
Net worth or actual wealth is computed based on the value of one’s total assets minus total liabilities.
Barcenas’s assets include seven parcels of land in Carcar City and Sibonga town valued at P7.5 million.
He also declared one cargo truck, one Toyota Tamaraw, one Revo Sports Runner and Toyota Fortuner with a total value of P2.9 million.
His other assets include P7.5 million in cash or bank accounts, jewelry (P1.3 million), furniture (P900,000), and seven air conditioners (P300,000).
His sole liability is a consolidated loan of P175,296. from the Government Service Insurance System.
Barcenas owns the enterprise Matmat Carcar Chicharon which has four branches in Carcar, Sibonga, and Cebu City.
Meanwhile, Durano disclosed 11 parcels of land in Cebu City, Bacolod City and Negros Occidental worth P7.2 million.
He had P4.5 million in the bank, six vehicles worth P9.5 million and investments worth P125,000, based on his SALN.
Durano’s relatives in government service include Cebu Provincial Board (PB) Members Jude Thaddeus Sybico and Peter John Calderon, Samboan Mayor Raymond Joseph Calderon, Sogod Mayor Lissa Marie Durano, and Danao City Mayor Ramon Durano III.
TOLEDO CITY
Toledo City Vice Mayor Antonio Yapha ranked third with net worth of P16.75 million.
He declared even parcels of land in Pinamungahan and Cebu City, six vehicles, and a number of buses. Yapha owns Jegans Liners and a medical clinic.
The fourth richest city vice mayor was Glenn Bercede of Mandaue City with a net worth of P12.72 million.
He owned 11 parcels of land, four vehicles and two motorcycles.
Bercede said he has 17 relatives in government service.
Bercede is followed by Cebu City Vice Mayor Edgardo Labella, a lawyer, who declared personal wealth of a little over P12 million.
Labella said he owns 11 parcels of land in the cities of Lapu-Lapu, Cebu, Makati, and in Bohol.
His other assets include five vehicles worth P1.3 million; and jewelry, appliances, and books worth P300,000. Labella’s liabilities all come from loans.
Labella is the president of Labella Agrifarms Inc. and the senior partner of E.C. Labella and Partners. His wife owns Joybell’s Catering.
Next on the list is Talisay City Vice Mayor Romeo Villarante with a net worth of P4.11 million, while Bogo City Vice Mayor Santiago Sevilla came last with a net worth P660,780.
The Ombudsman Visayas has yet to sort out the SALNs of Vice Mayors Michael Ycong of Lapu-Lapu City and Delfin Señor of the City of Naga.
Republic Act 3019 or the Anti-Graft and Corrupt Practices Act and Republic Act 6713 or the Code of Conduct and Ethical Standards for Public Officials and Employees require all public officials and employees to submit their SALNs every year.
They need to declare under oath their assets and liabilities, net worth and financial and business interests including those of their spouses and of unmarried children under 18 years of age living in their households.
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