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Bongbong Marcos Shows Financial Influence by Raising P36M from Contributors in a Day’s Time

Marcos





welcome By: Elena Grace Flores

Bongbong Marcos whose family is accused of possessing the alleged ill-gotten wealth said that his friends helped him source out the P36,023,000 installment payment to comply with the immediate requirement. He added that an open letter addressed to the SC to resolve the case comes with it.






Youtube video by; NewsBuzzter
[VIDEO]: The vice presidential candidate says friends and supporters pulled in resources to raise the P36 million.



Fast and Tight Payment Schedule

Last April 12, the SC that sits as Presidential Electoral Tribunal or PET required Marcos to pay deposits in cash on or before April 14 which is a holiday. The other P30 million must also be paid on or before July 14, 2017 – for the retrieval of ballots.



Calculation Discrepancy

The SC offices were closed on April 12, 13 and 14. Therefore, Marcos opted to pay on a Monday since he had less than 48 hours to come up with the required P36 million. He said that they managed to pool resources to pay the in cash to avoid further delay in the proceedings. The miscalculation on the number of precincts instead of the clustered is to be resolved soon.



Financial Influence Evident

Bongbong Marcos is still financially influential to be able to gather a large amount of money from 40 contributors in a day’s time technically speaking because of the holiday mentioned on various days following the deadline. Many might doubt that he needs contributions given the fact that the family is wealthy. However, rich people managed to do well because of proper financial management – and Marcos just showed how influential he is to be able to gather that much money quickly for his cause.








Personal Transaction

Marcos personally went to the Supreme Court in Padre Faura, Manila with his election lawyer George Garcia to pay for the first installment of P36 million to cover the cost of a recount in his electoral protest against Leni Robredo.




http://www.philstar.com/headlines/2017/04/17/1691171/bongbong-pays-p36m-poll-protest




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