The numbers say Mikey’s net worth grew

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The numbers say Mikey’s net worth grew

Post by cena2020 on Wed Jun 30, 2010 2:40 pm

The President’s son, Juan Miguel “Mikey” Arroyo, has not declared to the Commission on Elections (Comelec) the contributions that he said he received when he ran for Congress in 2004 and 2007. Mikey said on national television Tuesday that campaign contributions and wedding gifts were partly the reason his declared net worth ballooned from P5.7 million in 2001 to P74.4 million in 2004 and then to P99.2 million last year. Mikey wed Angela Arroyo Montenegro in 2002.

The numbers say Mikey’s net worth grew by more than 1,600 percent in the seven years that he has been a public official. President Gloria Arroyo’s eldest son, a one-time movie actor, became vice governor of Pampanga in 2001, and was elected congressman of the province’s second district in 2004 and 2007.

“Siyempre unang una, kinasal tayo. Medyo nagkaroon tayo ng maraming regalo. Tapos pag kampanya, siyempre kahit paano maraming tumutulong sa atin [Of course, first I got married. We received a lot of gifts. Then during campaigns, somehow we got a lot of help],” Mikey told Solita Monsod and Arnold Clavio, hosts of the morning show Unang Hirit.

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