MANILA, Philippines—Senator Panfilo Lacson became richer by P7 million in 2012 after getting a royalty for a movie about his life as a fugitive three years ago.
From P22.6 million in 2011, Lacson’s net worth increased to P28.8 million in 2012 based on the statement of assets, liabilities and net worth (SALN) he filed before the Office of the Senate Secretary.
The surge, Lacson said in a text message on Wednesday , was “mainly due to the P7 million payment for my film rights in 2012.”
“I haven’t seen the final script yet but the storyline focuses on my life while in hiding,” he said of the movie.
The senator refused to say who would play his role but said in jest that the actor would “of course be handsome, famous and macho.”
Lacson suddenly disappeared in early 2010 after a warrant of arrest was issued against him for the double murder of publicist Salvador “Bubby” Dacer and his driver Emmanuel Corbito. He resurfaced in March 2011 after the Court of Appeals voided the warrant.
In his 2012 SALN, Lacson declared total assets amounting to P41.4 million and total liabilities of P12.6 million (loans payable worth P10 million and income tax payable amounting to P2.6 million).
His net assets amounted to P28.856 million.
Among the personal assets which he declared in his SALN were the cash on hand/bank amounting to P24.7 million, jewelry worth P3.8 million, furniture/antiques worth P1.4 million, stocks/investments worth P9.1 million, motor vehicle worth P1.15 million and assorted firearms worth P1.1 million.
First posted May 1, 2013 | 1:32 pm