SALN transparency: Speaker Dy revives review committee, releases own SALN

House Speaker Faustino ‘Bojie’ Dy III has reconstituted the House of Representatives’ Statement of Assets, Liabilities, and Net Worth (SALN) Review and Compliance Committee, in accordance with Republic Act No. 6713.

In a memorandum order dated October 20, 2025, Deputy Speaker and South Cotabato 2nd District Rep. Ferdinand L. Hernandez was named Chairperson of the Committee. Iloilo 3rd District Rep. Lorenz R. Defensor and Marikina 2nd District Rep. Romero Federico S. Quimbo were appointed vice chairpersons.

Other members include TGP Party-list Rep. Jose J. Teves Jr., Tarlac 2nd District Rep. Maria Cristina C. Angeles, Quezon 1st District Rep. Wilfrido Mark M. Enverga, Ilocos Norte 2nd District Rep. Angelo M. Barba, and Dinagat Islands Lone District Rep. Arlene J. Bag-ao.

The Committee’s Secretariat, composed of senior officials from the Legal Affairs, Legislative Operations, and Administrative Departments; the Office of the Secretary General; the Committee on Rules; the Records Management Service; and one representative from the Office of the Speaker, will provide technical and administrative support.

The memorandum, which takes effect immediately, states that ‘the Committee will continue to perform its mandate as contained in House Memorandum Order No. 17-42 [SPK] dated December 20, 2016, and in the Rules of Procedure in the Filing, Review, and Disclosure of, and Access to, the SALNs of Members, Officials, and Employees of the House of Representatives under Resolution No. 176 adopted on January 30, 2019.’

The reconstitution comes after Dy’s announcement last week that the House will review its rules on public disclosure of members’ SALNs to enhance transparency and accountability.

Also, on Wednesday, Dy released a copy of his SALN, declaring a net worth of P74.019 million and noting connections to four companies. He also listed 16 relatives who currently hold government positions.

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