Philippines Vice President wealth investigation

A House prosecution panel initiated a wealth probe into Vice President Sara Duterte and her husband, Manases Carpio, after confirming that 15 of their bank accounts matched records from the Anti-Money Laundering Council (AMLC). Prosecutors began reviewing approximately 1,800 subpoenaed documents, including insurance and bank files, to substantiate charges regarding unexplained wealth.

Following this investigation, the AMLC presented evidence to the Senate Impeachment Court linking the couple to P4.4 billion in aggregate financial transactions occurring between 2007 and 2025. The report specified that Duterte was associated with P3.73 billion in transactions, while Carpio was linked to P749.92 million. The AMLC adjusted the total to P4.4 billion to avoid double counting joint accounts, noting that this figure includes P1.46 billion in unclassified movements.

During this period, the Bank of the Philippine Islands (BPI) requested the AMLC to delete 13 covered transaction reports linked to Carpio, citing a “system bug from a source application system” that resulted in inaccurate reporting. BPI stated that corrected figures for several transactions fell below the P500,000 threshold required for filing, though the P4.4 billion total remained in the AMLC records.