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MANILA, Philippines - Senator Francis “Chiz” Escudero has finally admitted his separation from his wife as declared in his Statement of Assets and Liabilities Net Worth (SALN) for 2011 which he submitted to the Office of the Senate Secretary recently.
In his SALN, Escudero said he and wife Christine Elizabeth “Tintin” Flores are “separated-in-fact,” even as he placed his estranged wife’s maiden name in the space provided for “spouse name.”
An asterisk after the name “Flores, Cristine Elizabeth R.” reflected that they were separated-in-fact, apparently the first official document released by the senator indicating his current status.
The space for the spouse’s signature was left blank.
Escudero has filed an annulment case.
In his 2012 SALN, Escudero has a total net worth of P9,867,082.09 and listed two residential units in New Manila, Quezon City which were acquired in 2005 and 2008, respectively.
The first one had an assessed value of P570,860 with a current market value of P1,631,030, while the second unit was pegged at an assessed value of P431,960 with a current fair market value of P1,234,180.
The two units had acquisition values of P3.6 million, and P3 million, respectively.
Escudero also listed P1.2 million in cash assets; jewelry acquired from 1979 to 2000 now totaling P1.37 million, shares in Partnership Int. worth P213,441.29, and three cars acquired in 2011.
The vehicles are a 1995 Range Rover Classic worth P1 million, 1969 BMW worth P333,640.80, and a 1996 Toyota Land Cruiser worth P650,000.
Escudero’s total assets are at P11,367,08.09. He has a personal loan amounting to P1.5 million and he also has business interests at EMSA VVIL Law since 1994.
He also listed six relatives in government service: his father, Sorsogon Rep. Salvador Escudero III; his paternal uncles, Sorsogon Vice Gov. Antonio Escudero Jr., Casiguran vice mayor Ramon Escudero, Casiguran councilors Rico Hatoc and Dennis Escudero; and a cousin, Krunimar Escudero, a legal officer.