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A Statement of Assets, Liabilities, and Net Worth (SALN) [1] [2] is an annual document that all de jure government workers in the Philippines, whether regular or temporary, must complete and submit attesting under oath to their total assets and liabilities, including businesses and financial interests, that make up their net worth. [3]
Personal property can be understood in comparison to real estate, immovable property or real property (such as land and buildings). Movable property on land (larger livestock , for example) was not automatically sold with the land, it was "personal" to the owner and moved with the owner.
In August 2009, Vera Files, a group of veteran Filipino journalists, reported that Arroyo "has failed to declare in his Statement of Assets, Liabilities and Networth (SALN) for the last two years a $1.32 million or P63.7 million beachfront property in the San Francisco Bay Area in California, which he bought and then transferred to his wife ...
[2] [5] He was the Representative of the 1st district of Camarines Sur from 1998 to 2006 during the 11th , 12th , and 13th Congresses . During his first term, Andaya was a member of the " Spice Boys ", a group of young congressmen who were openly critical of President Joseph Estrada and his administration . [ 6 ]
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Moreno is in favor that all government officials should be open to disclosing their Statement of Assets, Liabilities, and Net Worth (SALN), including "their properties, belongings and their debts", being a public document. He also believes that the policy on Freedom of Information should be strengthened.
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