Monday, September 7, 2009

Mike Arroyo's BeachFront Home

Posted by Louie at 4:54 AM

MANILA, Philippines—Pampanga Rep. Juan Miguel “Mikey” Arroyo has not declared in his Statement of Assets, Liabilities and Net worth (SALN) for the last two years a $1.32-million (P63.7-million) beachfront property in the San Francisco Bay area in California that he bought and then transferred to his wife Angela in 2006.

Recently Phil. Americans held a rally in front of his House in house at 1655 Beach Park Blvd. in Foster City, San Mateo County California witch is dug up by vera files.

The house at 1655 Beach Park Blvd. is a five-bedroom, three-bathroom, two-story house that sits on a 600-square meter lot facing the San Francisco Bay.

Data from the San Mateo County assessor’s office show that Mikey transferred the ownership of the house to his wife, Angela Arroyo Montenegro, and registered it under her name in August 2006 in what is called an “interfamily transfer.”

The Arroyos paid $1,452 in taxes when they bought the Foster City property in 2006. Last year, they paid $14,239 or P692,000 in property taxes.

Mikey, 40, wed Angela, his second cousin, on June 24, 2002. They have two daughters, Mikaela Gloria and Marie Angelique. Mikey’s father, First Gentleman Jose Miguel “Mike” Arroyo, and Angela’s mother, Rosario Arroyo, are first cousins.

Angela’s father, Herman Montenegro, was president of the Philippine Chamber of Commerce and Industry, and is chair and president of HM Group of Companies.

Shortly after Mikey and Angela were married, Montenegro became treasurer and chair of the ways and means committee of the President’s party, Kabalikat ng Malayang Pilipino (Kampi).

Mikey could not be reached despite repeated attempts by Vera Files to get his side by phone. He did not reply, either, to questions Vera Files texted several times to his two mobile phone numbers.

(Contacted by the Philippine Daily Inquirer on Sunday, however, Mikey insisted that he had been transparent in filing his SALN since winning a seat in Congress in 2004. “I have declared everything I own in my SALN. It is self-explanatory,” he said in a text message.

(He suggested that those who have doubts contact his lawyer who prepared his SALN for him.

(“If they still have doubts, they can sue me. I don’t want to waste my time dealing with issues like this. There are far more important things to do, such as helping the government find ways to lessen the impact of the global financial crisis,” Mikey said.)

Good to know that are fellow Filipino's in California are much aware of these, They even went in front of Mikey Arroyo's house to held a rally that has been televised in TV Patrol Philippines

12 comments on "Mike Arroyo's BeachFront Home"

chiel on September 7, 2009 at 10:08 AM said...

Uh oh! Too expensive to live in california too, unless you such big money. (thinking)

Louie on September 7, 2009 at 1:29 PM said...

yeah right! one day you will be living there, who knows? hehe...

emie aka ligaya on September 7, 2009 at 3:41 PM said...

Accordingly its not about how fancy and big your abode is but what matters is every corner of ur place has significant use of it... i appreciate good fancy houses and how knows we i could have that someday win the lotto lol but i will still always make sure that every corner has functions and not just a decoration to show off to people. Love your post keep posting dear. muahhh

veronica on September 8, 2009 at 12:03 AM said...

tsk.tsk.tsk. marami na sana silang natulungang tao sa perang ginamit nila sa bahay na 'to. marami pang tiyang walang laman dito sa pinas. tsk.tsk.tsk.

veronica on September 8, 2009 at 12:04 AM said...

tsk.tsk.tsk. marami na sana silang natulungang tao sa perang ginamit nila sa bahay na 'to. marami pang tiyang walang laman dito sa pinas. tsk.tsk.tsk.

patola on September 9, 2009 at 1:53 AM said...

naunahan mo akong magpost tungkol sa bahay na to.. ehehehehe.. anyway, anyhow, anywhoo,.. ehehehehe... i'm back palitz

Louie on September 9, 2009 at 4:44 AM said...

@patola hello patola welcome back!

Karen on September 9, 2009 at 5:08 AM said...

haller. bakit pa kasi kelangan bumili ng napakamahal na bahay. err.. pinanggamit na lang sana nila yan sa mga nangangailangan.

Oh wow. tagalog ako! haha'

louie, how old are you na? ;))

Louie on September 9, 2009 at 5:14 AM said...

bata pako hehe...

Louie on September 9, 2009 at 6:15 AM said...

@ligaya maybe they just want to show the world how to handle power lolz!

Louie on September 9, 2009 at 6:15 AM said...

@ligaya maybe they just want to show the world how to handle power lolz!

enad on September 13, 2009 at 3:54 PM said...

may nabasa akong email about sa kanyang kayamanan. kung panu ito lomobo, ill post it later
http://blogosphere.com.ph

 

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