Congressman Romualdez may have to explain a US$1.5 million US property he bought at age 24
Congressman Martin Romualdez, who allegedly picked up the US$20,000 tab for the Le Cirque dinner, may have some explaining to do about his own wealth.
At the age of 24 while still studying at Harvard University, how was he able to “purchase” a US$1.5 million house and lot in Dover, Massachusetts, USA? The acquisition is listed in his 2008 Statement of Assets, Liabilities and Net Worth, as posted by GMAnews.tv in
http://images.gmanews.tvpdf/RomualdezFerdinandMartinGSAL2008.pdf
Could this be part of the unexplained wealth that the Philippine government has been running after all these years? Romualdez said he bought the property in 1987, a year after his family was driven out of power. Romualdez is the son of Kokoy Romualdez, brother of former First Lady Imelda Marcos.
Which raises another curious point: while one branch of the political clan – namely his cousins Bong-Bong and Imee Marcos – were condoling with the family of the late President Corazon Aquino – another branch was wining and dining President Gloria Macapagal-Arroyo whom the late Mrs Aquino said should resign. How sincere are the Marcos’ children’s overtures or is the clan just playing a double game?
August 12, 2009 | Posted by raissa robles
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