PRESIDENTIAL son and Pampanga Rep. Juan Miguel “Mikey” 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 Angela in 2006. (Click Vera Files for the rest.)
Btw, folks, let me assure that while the house doesn't look like much from the outside, Foster City is widely known as one of the most affluent areas in California. It is where the rich folk of San Mateo County reside. Last I heard about this property was in July 2008, and that time, the house was undergoing renovation, and a small living area for the property owner's julalays was being constructed.
(UPDATE 6:18 pm) According to Rep. Arroyo, excuse my dust! he can afford to buy this house in San Mateo. Oo nga naman, di ba all his films made money?
Watch out, we have another national artist in the making here.