Business groups demand mandatory lifestyle checks for all officials
High-rise buildings in the Ortigas Business Center are seen on Wednesday, Nov. 5. In a report by Bloomberg, the Philippine Stock Exchange Index has dropped 20 percent over the past decade, ranking as the worst performer among major global benchmarks. In contrast, Asia-Pacific stocks climbed 72 percent, while Indonesia’s Jakarta Composite Index soared 82 percent. Photo by Santi San Juan | MB
Business groups are calling on the Marcos administration to further tighten the government’s anti-corruption measures by enforcing a mandatory lifestyle check on all government officials to validate their statements of assets, liabilities, and net worth (SALNs).
Over the past few weeks, multiple high-ranking officials have publicly disclosed their SALNs to prove they are free of corruption amid heightened public scrutiny over the flood control scandal.
“We call for truthful and public submission of [SALNs] by all government officials, and mandatory lifestyle checks to validate these disclosures,” the groups said in a joint statement on Thursday, Nov. 27.
The statement was signed by the Management Association of the Philippines (MAP), Makati Business Club (MBC), Financial Executives Institute of the Philippines (FINEX), Justice Reform Initiative (JRI), Institute for Solidarity in Asia (ISA), and Shareholders’ Association of the Philippines (SharePHIL).
“Without rigorous verification, SALNs remain symbolic records rather than effective tools against corruption,” they said.
Under the Constitution, every public official, both elected and appointed, must submit a sworn SALN upon assuming office, with high-ranking officials even required to make a full public disclosure.
The Code of Conduct and Ethical Standards for Public Officials and Employees, embodied in Republic Act (RA) No. 6713, extends this further by requiring SALNs for spouses and minor children living in the same household, alongside annual updates.
Ombudsman Jesus Crispin Remulla earlier restored public access to SALNs, overturning a 2020 order of his predecessor that severely limited such access.
“While the recent Ombudsman decision restoring public access to SALNs is welcome, transparency alone is insufficient,” the groups said.
They noted that under RA No. 1379, otherwise known as the Forfeiture Law, any property “manifestly out of proportion” to an official’s lawful income is presumed ill-gotten and subject to forfeiture
“Lifestyle audits enable this legal presumption. Discrepancies uncovered through these checks must trigger immediate, impartial investigations and prosecutions under the Ombudsman’s constitutional mandate,” the statement read.
The six groups said lifestyle audits are much easier to conduct now, given the accessible digital footprints of government officials and their family members, which reveal spending patterns, travel, social media activity, and ownership of luxury assets.
They also encouraged the public to remain vigilant and report signs of excessive or unexplained wealth among officials.
“[These] are essential to uncover if declared wealth aligns with actual living standards,” the statement read.
“The corruption we now see, we cannot unsee. We can no longer allow pilferage to prosper under the cover of pretense, political patronage, and public indifference,” it added.
Under the Anti-Graft and Corrupt Practices Act, penalties for these corrupt practices include disqualification and imprisonment, while the Plunder Law institutes a lifetime imprisonment for those who amass ill-gotten wealth of at least ₱50 million.