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Manila Bulletin devider Philippines devider National devider Just how big is P6.7 billion? Ridon explains scale of flagged VP Duterte bank transactions

Just how big is P6.7 billion? Ridon explains scale of flagged VP Duterte bank transactions

Published Jul 21, 2026 01:20 pm

At A Glance

  • House prosecutor Rep. Terry Ridon highlights P6.7 billion in flagged transactions linked to Vice President Sara Duterte and her husband, stressing the amount could fund aid, subsidies, hospital care, and education for millions of Filipinos.
  • The Senate impeachment court grants subpoenas for bank, AMLC, and BIR records, directing submission by July 30 to support the unexplained wealth allegation.
  • Ridon underscores that for nearly 20 years, Duterte-Carpio bank transactions matched government-scale levels, framing this as the essence of the Vice President's unexplained riches.
Bicol Saro Party-list Rep. Terry Ridon (PPAB, MANILA BULLETIN)
Bicol Saro Party-list Rep. Terry Ridon (PPAB, MANILA BULLETIN)


To many, P6.7 billion is a mind-boggling number. That's why House prosecutor Bicol Saro Party-list Rep. Terry Ridon tried paint the figure in images that the Filipino layman could understand.
The figure is relevant to the ongoing Senate impeachment trial of Vice President Sara Duterte, as it represents the amount flagged by the Anti-Money Laundering Council (AMLC) in transactions from bank accounts linked to the respondent and her husband, lawyer Manases Carpio from 2006 to 2025.
According to Ridon, the amount--when translated to actual public funds--could ne used to benefit millions of Filipinos.
“Kayang pondohan ng ganito kalaking mga transaksyon ang: ayuda para sa 1.6 milyong pamilya, fuel subsidy para sa 1.3 milyong namamasada, gastos sa ospital para sa 1.9 milyong pasyente at pag-aaral sa kolehiyo ng lagpas 893,000 mag-aaral,” Ridon said on Tuesday, July 21.
(Transactions of this magnitude can fund: aid for 1.6 million families, fuel subsidies for 1.3 million drivers, hospital expenses for 1.9 million patients, and college education for over 893,000 students.)
During Monday's hearing, the Senate impeachment court granted subpoenas for specified bank and AMLC records after finding them sufficiently definite, relevant and material to the unexplained wealth allegation against Duterte.
The allegation is contain in the articles of impeachment against her.
“P6.7 billion in total transactions. P4.4 billion in inflows,” Ridon noted.
The banks, AMLC and Bureau of Internal Revenue (BIR) commissioner were directed to submit the required records or make the appropriate return to the Impeachment Court by July 30.
“Mula ngayon hanggang July 30, magbabantay ang prosekusyon para hulihin, hindi isda, hindi pating, kundi balyena ng ebidensiya,” declared the party-list solon.
(From now until July 30, the prosecution will be on guard to catch, not fish, not sharks, but a whale of evidence.)
“Sa loob ng halos 20 taon, kasinglaki ng mga transaksyon ng gobyerno ang gumalaw sa mga bangko ng mag-asawang Duterte-Carpio,” Ridon pointed out.
(For nearly 20 years, transactions in the banks of the Duterte-Carpio couple have been as large as those of the government.)
Article II accuses Duterte of failing to fully disclose her wealth and of accumulating assets allegedly disproportionate to her lawful income during her years in public service.
“Subalit sino at ano sila? Opisyal ng gobyerno, mga abogado, may mga naluluging mga negosyo, pero kasinglaki ng gobyerno ang mga transaksyon sa bangko,” Ridon said.
(But who and what are they? Government officials, lawyers, with failing businesses, yet their bank transactions are as massive as the government’s.)
“'Yan ang buod ng artikulo ng unexplained wealth, 'yan ang buod ng hindi maipaliwanag na yaman ng Pangalawang Pangulo,” he noted.
(That is the essence of the article on unexplained wealth, that is the essence of the Vice President’s unexplained riches.)

Related Tags

Terry Ridon Impeachment Unexplained wealth Sara Duterte AMLC SALN impeachment trial
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