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Moreno admitted to keeping excess campaign funds worth P50 million

Moreno admitted to keeping excess campaign funds worth P50 million from his failed Senate bid in 2016. He kept it as income and paid taxes for it. He said he is not in favor of returning unused funds to donors and insisted that he did not violate any laws. During a presidential debate, he showed

By vfadmin

Nov 4, 2024

1-minute read

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Moreno admitted to keeping excess campaign funds worth P50 million from his failed Senate bid in 2016. He kept it as income and paid taxes for it. He said he is not in favor of returning unused funds to donors and insisted that he did not violate any laws. During a presidential debate, he showed a BIR receipt as proof that he paid taxes for the unspent campaign funds.

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