REPUBLIC OF THE PHILIPPINES
OFFICE OF THE OMBUDSMAN
MANILA
RAFAEL MARIANO of Bagong
Alyansang Makabayan (BAYAN),
LIZA MAZA of GABRIELA,
CRISTINA PALABAY of National Union of Students of the Philippines (NUSP),
RAYMOND PALABINO of U.P. Student Council,
REY ASIS of College Editors Guild of the
Philippines (CEGP),
CRISPIN BELTRAN of Kilusang
Mayo Uno (KMU),
DANILO RAMOS of Kilusang Magbubukid ng Pilipinas (KMP),
SATURNINO OCAMPO of Bayan Muna,
TEODORO CASINO of Bagong Alyansang
Makabayan (BAYAN),
DAN BELTRAN of Ecumenical Movement for Justice and Peace (EMJP),
RENATO REYES, JR. of Anakbayan,
NOEL COLINA of League of Filipino
Students (LFS),
MEDARDO RODA of PISTON,
CARMEN DEUNIDA of KADAMAY,
FERDINAND GAITE of COURAGE,
DAN VIZMANOS of Samahan ng mga
Ex-Detainees Laban sa Detensiyon at para sa Amnestiya (SELDA),
MARIE HILAO-ENRIQUEZ of KARAPATAN,
AMIRAH ALI LIDASAN of Moro-Christian
Peoples Alliance (MCPA),
RIC GUIAO of Kalipunan ng Katutubong
Mamamayang Pilipino (KAMP),
NANNETTE TAMPICO of Kalipunan ng
Manggagawang Kababaihan (KMK),
ROBERT DE CASTRO of Promotion of Church
People’s Response (PCPR),
FR. JOE DIZON of KAIROS, Phils.,
DR. JOSEPH CARABEO of Health Alliance for Democracy (HEAD),
ANTONIO TINIO of Congress of Teachers/
Educators for Nationalism and
Democracy (CONTEND),
RODOLFO SAMBAJON of Pambansang
Lakas ng Kilusang Mamamalakaya sa Pilipinas (PAMALAKAYA),
MARIANNE B. HONTIVEROS and
DR. CAROL ARAULLO of Estrada Resign
Movement,
NORMA DOLLAGA of Kapatirang Simbahan
Para sa Bayan,

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REV. CORAZON ABUGAN of Ecumenical
Bishops Forum,
REV. FR. PAUL MEDINA of Task Force on
Urban Conscientization,
FERNANDO JOSEF of Concerned Artists of the Philippines (CAP),
CONCHING S. BOCO of Alay Kapwa,
DR. CORA RIVERA of CODE RED for Good
Governance,
JUDY M. TAGUIWALO of CONTEND-ACT, CSWCD,
DR. REYNALDO LESACA, JR. of Health Alliance for Democracy (HEAD),
DAN JAVIER of Human Rights Advocacy and Legal Aid Response for the Masses
FROYEL T. YANEZA of BAYAN-NCR,
ANGELITO G. MANLILI of UP Coalition for
Urgent Reforms and Empowerment
(UP CURE),
JOEL VIRADOR of KARAPATAN,
CHINA COJUANGCO of Estrada Resign
Youth Movement (ERYM),
ATTY. JOSEFINA LICHAUCO of Estrada
Resign Movement (ERM),
MOST REVEREND BISHOP TOMAS
MILLAMENA of Iglesia Filipina
Independiente (IFI),
ATTY. MARICHU C. LAMBINO of Organization of United Solicitors for Truth and
Estrada’s Resignation (OUSTER),
CES QUIMPO of KALIKASAN,
EMILIA DAPULANG of Kilusang Mayo Uno (KMU),
LITO ESTAREZ of Workers Against Estrada (WAGE),
REY CASAMBRE of Philippine Peace Center,
AMIE DURAL of Student Christian Movement of the Philippines (SCMP),
MELINDA P. BAUTISTA of Alay Kapwa
Kristiyanong Komunidad,
GIOVANNI TAPANG of AGHAM,
NATHANIEL SANTIAGO of BAYAN MUNA,
OSCAR ATADERO of PRO-GAY,
LEO LEGASPI of MIGRANTE,
ABIGAIL PUNDOL of National Network of Agrarian Reform Advocates – Youth,
ATTY. CAMILO L. SABIO,
ATTY. REGINALDO F. ARCEO & THELMA ARCEO,
FR. ROBERT REYES of GOMBURZA,
TERESITA D. BALTAZAR of Konsensyang Pilipino,
KAREN TANADA of National Peace Conference,
EVELYN KILAYKO of Concerned Women of the Philippines,
RISA HONTIVEROS of Pandayan Para sa
Sosyalistang Pilipinas,
EMILITA L. CRUZ of GOMBURZA LAYKO,
DATU HAJ ANSARI DANGCAL ALONTO of
Mindanao War Victims,

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JOSE LUIS ALCUAZ of Silent Protest Movement,
SR. ROSALIMA LADRIDO, R.A. of Justice and
Peace Desk,
NOEL MORADA of Philippine Entrepreneurs Forum,
NOEL MORADA of EDSA II People’s Congress,
SR. ROSEANNE MALLILLIN of CBCP-NASSA, SPC,
EFREN VILLASENOR of Pambansang Koalisyon ng
Samahan ng mga Magsasaka at
Manggagawa sa Niyugan (PKSMMN),
ED PALMA & CLAIRE PALMA of MAGIS DEO,
MYRNA GOJAR of Bicol Urban Poor Coordinating
Council Federation, Inc.,
MA. TERESA DALUMPINES of Pag-aalay ng Puso Foundation,
SR. JOSEFINA MA.
MAGAT, R.A. of
Assumption College, Inc.,
ASUNCION SISON of Solo Parents,
Spirit of EDSA Foundation,
MA. DOLORES COLAYCO of MANINDIGAN,
CORA TAN of POWER,
BERNADETTE TAN of Center for Social Concern,
ESTELLA MENDOZA FLORES, Office of
Social Development,
SR. GERTRUDE BORRES, Campus Ministry,
MICHELLE AIREEN DIZON of Militant and
Responsible Involvement of Assumption
Students (MARIAS),
Complainants,
- versus - OMB CASE NO. ________
JOSEPH E. ESTRADA,
Respondent. x -------------------------------------- x
We, the above-named complainants, Filipinos, of legal age, taxpayers, with addresses as setforth hereinbelow:

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1.
RAFAEL MARIANO c/o Bagong Alyansang Makabayan
(BAYAN), 23 Maamo St., Sikatuna Village, Q. C.
2.
CRISPIN BELTRAN c/o Kilusang Mayo Uno (KMU), 63 Narra
St., Project 3, Quezon City
3.
DANILO RAMOS c/o Kilusang Magbubukid ng Pilipinas
(KMP), 82-C Masikap Extension, Central District, Quezon
City
4.
LIZA MAZA c/o GABRIELA, No. 35 Scout Delgado St., Roxas
District, Quezon City
5.
SATURNINO OCAMPO c/o Bayan Muna, 13-B Marunong
St., Central District, Diliman, Quezon City
6.
TEODORO CASINO c/o Bagong Alyansang Makabayan
(BAYAN), 23 Maamo St., Sikatuna Village, Quezon City
7.
DAN BELTRAN c/o Ecumenical Movement for Justice and
Peace (EMJP), 107-F Torres Bldg., V. Luna Extension,
Quezon City
8.
RENATO REYES, JR. c/o Anakbayan, 1316 San Perfecto
St., Sampaloc, Manila
9.
NOEL COLINA c/o League of Filipino Students (LFS) represented by, 1316 San Perfecto St., Sampaloc, Manila
10.
MEDARDO RODA c/o PISTON, 63 Narra St., Project 3,
Quezon City
11.
CARMEN DEUNIDA c/o KADAMAY, 19 Magnolia St., Roxas
District, Quezon City
12.
FERDINAND GAITE c/o COURAGE, 9-A K.F. St. Kamuning,
Quezon City
13.
DAN VIZMANOS c/o Samahan ng mga Ex-Detainees Laban sa Detensiyon at para sa Amnestiya (SELDA), No. 23B
Mabuhay St., Barangay Sentral, Diliman, Quezon City
14.
MARIE HILAO-ENRIQUEZ c/o KARAPATAN, No. 23B
Mabuhay St., Barangay Sentral, Diliman, Quezon City
15.
AMIRAH ALI LIDASAN c/o Moro-Christian Peoples Alliance
(MCPA), No. 48 Mapagbigay St., Barangay Sentral, Diliman,
Quezon City
16.
RIC GUIAO c/o Kalipunan ng Katutubong Mamamayang
Pilipino (KAMP), 43 Mapagbigay St., Central District, Quezon
City
17.
NANNETTE TAMPICO c/o Kalipunan ng Manggagawang
Kababaihan (KMK), 35 Scout Delgado, Brangay Laging
Handa, Quezon City
18.
ROBERT DE CASTRO c/o Promotion of Church People’s
Response (PCPR), 3/F NCCP Bldg., 879 EDSA, Quezon City
19.
FR. JOE DIZON c/o KAIROS, Phils., 172 West Riverside St.,
San Francisco Delmonte, Quezon City
20.
DR. JOSEPH CARABEO c/o Health Alliance for Democracy
(HEAD), Rm. 2-D La Paloma Bldg., N. Roxas cor. Mayon
Streets, Sta. Mesa Heights, Quezon City
21.
ANTONIO TINIO c/o Congress of Teachers/Educators for
Nationalism and Democracy (CONTEND), 89-C Maginoo St.,
Teacher Village, Dillage, Quezon City
22.
CRISTINA PALABAY c/o National Union of Students of the
Philippines (NUSP), 1316 San Perfecto St., Sampaloc, Manila
23.
RAYMOND PALABINO c/o U.P. Student Council, Vinzons
Hall, U.P. Diliman, Quezon City

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24.
REY ASIS c/o College Editors Guild of the Philippines
(CEGP), 1217-E Ibarra cor. Dapitan St., Sampaloc, Manila
25.
RODOLFO SAMBAJON c/o Pambansang Lakas ng Kilusang
Mamamalakaya sa Pilipinas (PAMALAKAYA), 18-A Mabuhay
St., Central District, Quezon City
26.
MARIANNE B. HONTIVEROS 2701 Roxas Blvd., Malate,
Manila and DR. CAROL ARAULLO, 23 Maamo St.,
Sikatuna Village, Q.C. c/o Estrada Resign Movement,
27.
NORMA DOLLAGA c/o Kapatirang Simbahan Para sa
Bayan, 3/F NCCP Bldg., 879 EDSA, Quezon City.
28.
REV. CORAZON ABUGAN c/o Ecumenical Bishops Forum,
Rm. 310 UCCP Bldg., 877 EDSA, Quezon City.
29.
REV. FR. PAUL MEDINA c/o Task Force on Urban
Conscientization, Rm. 308 UCCP Bldg., 877 EDSA, Quezon
City
30.
FERNANDO JOSEF c/o Concerned Artists of the Philippines
(CAP), 05 Tomas Morato Ave., Quezon City
31.
CONCHING S. BOCO c/o Alay Kapwa, Maginhawa St.,
Leveriza, Malate Manila
32.
DR. CORA RIVERA c/o CODE RED for Good Governance,
No. 1 Allah St., NIA Village, Tandang Sora, Quezon City
33.
JUDY M. TAGUIWALO c/o CONTEND-ACT, CSWCD, U.P.
Diliman, Q.C.
34.
DR. REYNALDO LESACA, JR. c/o Health Alliance for
Democracy (HEAD), Rm. 2-D V. Paloma Bldg., N. Roxas cor.
Mayon Sts. Sta. Mesa Heights, Q.C.
35.
DAN JAVIER c/o Human Rights Advocacy and Legal Aid
Response for the Masses
36.
FROYEL T. YANEZA c/o BAYAN-NCR, Gudalcanal St., Sta.
Mesa, Manila
37.
ANGELITO G. MANLILI c/o UP Coalition for Urgent Reforms and Empowerment (UP CURE), College of Social Work and
Community Development, U.P. Diliman, Q.C.
38.
JOEL VIRADOR c/o KARAPATAN, 23-D Mabuhay St. Brgy.
Central, Diliman, Q.C.
39.
CHINA COJUANGCO c/o Estrada Resign Youth Movement
(ERYM), 1226 Acacia St., Dasmarinas Village, Makati
40.
ATTY. JOSEFINA LICHAUCO c/o Estrada Resign Movement
(ERM), 23 Maamo St., Sikatuna Village
41.
MOST REVEREND BISHOP TOMAS MILLAMENA c/o
Iglesia Filipina Independiente (IFI), Taft Avenue, Manila
42.
ATTY. MARICHU C. LAMBINO c/o Organization of United
Solicitors for Truth and Estrada’s Resignation (OUSTER),
4/F KAIJA Bldg., 7836 Makati Avenue corner Valdez St.,
Makati City
43.
CES QUIMPO c/o KALIKASAN, 13-B Matalino St., U.P.
Village
44.
EMILIA DAPULANG c/o Kilusang Mayo Uno (KMU), 63
Narra St., Proj. 3, Q.C.
45.
LITO ESTAREZ c/o Workers Against Estrada (WAGE), 63
Narra St., Proj. 3, Q.C.
46.
REY CASAMBRE c/o Philippine Peace Center, 4/F KAIJA
Bldg., 7836 Makati Avenue cor. Valdez St., Makati City
47.
AMIE DURAL c/o Student Christian Movement of the
Philippines (SCMP), NCCP Compound, 879 EDSA, Q.C.

6
48.
MELINDA P. BAUTISTA c/o Alay Kapwa Kristiyanong
Komunidad, 2266-6-5 Leveriza St., Malate, Manila
49.
GIOVANNI TAPANG c/o AGHAM represented by, 13-B
Matalino St., UP Village, Quezon City
50.
NATHANIEL SANTIAGO c/o BAYAN MUNA, 13-B Marunong
St., Teachers Village
51.
OSCAR ATADERO c/o PRO-GAY, 35 Scout Delgado St., Q.C.
52.
LEO LEGASPI c/o MIGRANTE, 56 Masikap St., Teachers
Village, Q.C.
53.
ABIGAIL PUNDOL c/o National Network of Agrarian Reform
Advocates – Youth, 1290 Malakas St., Central District,
Diliman, Quezon City
54.
ATTY. CAMILO L. SABIO, 48-B Biak-na-Bato, Sta. Mesa
Heights, Manila
55.
ATTY. REGINALDO F. ARCEO & THELMA ARCEO, No. 4
P.H. Lim Tierra Verde, Quezon City
56.
FR. ROBERT REYES c/o GOMBURZA, Parish of the Holy
Sacrifice, U.P. Campus, Diliman, Quezon City
57.
TERESITA D. BALTAZAR c/o Konsensyang Pilipino, 265-C
Katipunan Ave., Quezon City
58.
KAREN TANADA c/o National Peace Conference, Social
Development Complex Ateneo de Manila University, Loyola
Heights, Q.C.
59.
EVELYN KILAYKO c/o Concerned Women of the
Philippines, 265-C Katipunan Ave., Q.C.
60.
RISA HONTIVEROS c/o Pandayan Para sa Sosyalistang
Pilipinas, CCS Bldg., Social Development Complex, Ateneo de Manila University, Loyola Heights, Q.C.
61.
EMILITA L. CRUZ c/o GOMBURZA LAYKO, 265-C
Katipunan Ave., Loyola Heights, Q.C.
62.
DATU HAJ ANSARI DANGCAL ALONTO c/o Mindanao War
Victims, 242 Banlat Road Ext., Tandang Sora, Q.C.
63.
JOSE LUIS ALCUAZ c/o Silent Protest Movement, 13
Campanilla St., corner Balete Dr. New Manila, Cubao, Q.C.
64.
SR. ROSALIMA LADRIDO, R.A. c/o Justice and Peace
Desk, Assumption, Assumption College, San Lorenzo Village,
Makati City
65.
NOEL MORADA c/o Philippine Entrepreneurs Forum, Rm. 5
2/F Uy Diokno Ledesma Bldg., 800 Remedios St., Malate,
Manila
66.
NOEL MORADA c/o EDSA II People’s Congress, Rm. 6 2/F
Uy Diokno Ledesma Bldg., 800 Remedios St., Malate, Manila
67.
SR. ROSEANNE MALLILLIN c/o CBCP-NASSA, SPC, 470
Gen. Luna Street, Intramuros, Manila
68.
EFREN VILLASENOR c/o Pambansang Koalisyon ng
Samahan ng mga Magsasaka at Manggagawa sa Niyugan
(PKSMMN)
69.
ED PALMA & CLAIRE PALMA c/o MAGIS DEO
70.
MYRNA GOJAR c/o Bicol Urban Poor Coordinating Council
Federation, Inc., Zone 6 Bulan, Sorsogon
71.
MA. TERESA DALUMPINES c/o Pag-aalay ng Puso
Foundation, 3 Bansalangin St., Project 7, Q.C.
72.
SR. JOSEFINA MA. MAGAT, R.A. c/o Assumption College,
Inc., Assumption College, San Lorenzo Village, Makati City
73.
ASUNCION SISON c/o Solo Parents, Woodside Home,
Hemady St., Q.C.

7
74.
Spirit of EDSA Foundation
75.
MA. DOLORES COLAYCO c/o MANINDIGAN, 12-A Liro
Ville, 138 Leviste Salcedo Village, Makati City
76.
CORA TAN c/o POWER, 122 Katipunan Whiteplains,
Quezon City
77.
BERNADETTE TAN c/o Center for Social Concern,
Assumption College, San Lorenzo Village, Makati City
78.
STELLA MENDOZA FLORES, Office of Social Development,
Assumption College, San Lorenzo Village, Makati City
79.
SR. GERTRUDE BORRES, Campus Ministry, Assumption
College, San Village, Makati City
80.
MICHELLE AIREEN DIZON c/o Militant and Responsible
Involvement of Assumption Students (MARIAS) represented y, Assumption College, San Lorenzo Village, Makati City hereby depose and state:
1. Joseph E. Estrada is of legal age, Filipino, married and a resident of No. 1 Polk Street, North Greenhills, San Juan, Metro Manila.
2. From June 30, 1992 to June 30, 1998, Joseph E. Estrada was the Vice-President of the Philippines, while from June 30, 1998 to
January 22, 2001, he was the President of the Philippines.
3. When Joseph E. Estrada became Vice-President of the
Philippines, he disclosed in his sworn Statement of Assets, Liabilities and
Networth, that as of June 30, 1992, he had:
Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . P15,889,082.99
Real Property . . . . . . . . . . . . . P11,818,500.00
Cash on hand and in bank . . . 500,413.99
Investments (Shares) . . . . . . . 262,304.00
Accts. Receivable . . . . . . . . . . 97,762.50
Furniture & Fixtures . . . . . . . 150,000.00
Motor Vehicles . . . . . . . . . . . . 3,060,102.50
Total Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . P12,478,612.76
Networth . . . . . . . . . . . . . . . . . . . . . . . . . . . . P 3,410,470.23

8
Copy of Joseph E. Estrada’s Statement of Assets, Liabilities and
Networth as of June 30, 1992 is attached as Annex “A”.
4. The annual salary of Joseph E. Estrada as Vice-President of the Philippines was P240,000.00 (inclusive of his 13 th month pay). This was later increased to P40,000.00 a month or approximately
P520,000.00 per annum (inclusive of his 13 th month pay).
5. Under the 1987 Constitution, Joseph E. Estrada as Vice-
President of the Philippines could not receive during his tenure any other emolument from the government or any other source (Sec. 6, Art. VII).
He could not also directly or indirectly practice any other profession or participate in any business. (Sec. 13, Art. VI)
6. At the end of his term as Vice-President of the Philippines, and upon his assumption of the Presidency of the Philippines, Joseph E.
Estrada disclosed in his sworn Statement of Assets, Liabilities and
Networth, that as of June 30, 1998 he had:
Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . P43,211,874.30
R eal Property . . . . . . . . . . . . . P9,000,000.00
Cash on hand and in bank . . . 1,900,958.09
Marketable Securities
(Market Value) . . . . . . . . . . . . 1,855,048.38
Investments . . . . . . . . . . . . . . 15,292,250.00
Other Receivables . . . . . . . . . 12,891,117.83
Furniture & Fixtures . . . . . . . 772,500.00
Motor Vehicles . . . . . . . . . . . . 1,500,000.00
Total Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . P10,470,775.15
Networth . . . . . . . . . . . . . . . . . . . . . . . . . . . . P32,741,099.17
Copy of Joseph E. Estrada’s Statement of Assets, Liabilities and
Networth as of June 30, 1998 is attached as Annex “B”.

9
6. The annual salary of Joseph E. Estrada as President of the
Philippines was P577,110.00 (inclusive of his 13 th month pay).
7. Under the 1987 Constitution, Joseph E. Estrada as
President of the Philippines cannot receive during his tenure any other emolument from the government or any other source. (Sec. 6, Art. VII).
He cannot also directly or indirectly practice any other profession or participate in any business. (Sec. 13, Art. VI).
8. In his latest sworn Statement of Assets, Liabilities and
Networth as of December 31, 1999, Joseph E. Estrada, then declared that as President of the Philippines, he had:
Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . P39,818,254.29
Real Property . . . . . . . . . . . . . P9,000,000.00
Cash on hand and in bank . . . 6,590,535.66
Marketable Securities
(Market Value) . . . . . . . . . . . . 2,826,400.00
Investments . . . . . . . . . . . . . . 15,191,250.00
Other Receivables . . . . . . . . . 12,937,588.63
Furniture & Fixtures . . . . . . . 772,500.00
Motor Vehicles . . . . . . . . . . . . 1,500,000.00
Total Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . P12,955,514.32
Networth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . P35,862,739.97
Copy of Joseph E. Estrada’s Statement of Assets, Liabilities and
Networth as of December 31, 1999 is attached as Annex “C”.
9. However, during his incumbency as a public official, Joseph
E. Estrada acquired monies which he kept or placed in bank accounts,
Treasury bills, investment accounts and/or commercial papers in his name, or in his different aliases, or in numbered/letter accounts or in the name of or jointly with his wife or in the name of his mistresses, in the amount of at least P10 Billion.

10
10. The astronomical amount of P10 Billion is almost 17,000 times the annual salary of Joseph E. Estrada of P520,000.00 as Vice-
President and P577,110.00 as President (inclusive of his 13 th month pay) and is manifestly and inordinately out of proportion to his salary as a public official and to his other lawful income and any income from legitimately acquired property as declared in his Statement of Assets,
Liabilities and Networth.
11. In his savings account (no. 0160-62501-5) with Equitable
PCIBank alone, Joseph E. Estrada using the alias Jose Velarde amassed at least P3.2 Billion from August 1999 to November 2000.
12. Joseph E. Estrada also has, in his name or in his different aliases or in the name of or jointly with his wife, Luisa P. Ejercito, approximately US$3 Million in a foreign currency deposit account at the
Greenhills Branch of Citibank, N.A.
13. Complainants are informed and therefore allege that Joseph
E. Estrada has other monies in other banks in his name, in his different aliases or in numbered/letter accounts or held in the name of or jointly with his wife, his mistresses and cronies which can be shown through subpoena. Such banks include, but are not limited to, Rizal Commercial
Banking Corporation, MetroBank, Security Bank and Trust Co., Allied
Bank, Bank of Commerce, United Coconut Planters Bank, Asia United
Bank, International Exchange Bank and Urban Bank.

11
14. During his incumbency, Joseph E. Estrada further obtained and transferred unlawfully acquired monies and properties to his mistresses, among whom are: Laarni Enriquez, Guia Gomez, Joy
Melendrez, Peachy Osorio and Rowena Lopez, and his illegitimate children.
14.1 Some of these properties which are housed in thinly capitalized dummy corporations or titled in the names of cronies, dummies or trustees, are located at:
(a) 73 Swallow Drive, Green Meadows Subdivision,
Quezon City;
(b) 2 Molave cor. Banaba Street, Forbes Park, Makati City;
(c) 70 Mindoro St., Manila Marina Bay, Parañaque City;
(d) 30-D Cleveland Towers, Marina Bay, Parañaque City;
(e) 175 Wilson cor. Asinas Street, San Juan, Metro
Manila;
(f) 421 Gomezville and 844 Balagtas St., Addition Hills,
Mandaluyong City; and
(g) Villa F5, Tagaytay Highlands, Tagaytay City.
14.2
Some of the monies were deposited in various banks, among which include:
(a) Philippine Savings Bank account no. 018-0409099-3, in the name of Laarni Enriquez; and
(b) Metrobank Acropolis Branch account no. 7-26650066-
8 in the name of Royal Era Entertainment.

12
Equitable Bank, Joseph E. Estrada also caused the purchase of the following real properties with the assistance of cronies and the use of thinly capitalized dummy corporations to conceal his beneficial ownership thereof:
15. Using funds from savings account no. 0160-62501-5 with
15.1 Through an Equitable Bank check dated October 5,
1999 (Annex “D”), P142 Million was coursed to Jose Luis J. Yulo, who upon clearance of the check, transferred the amount on
October 8, 1999 to St. Peter Holdings Corporation (Annex “D-1”), which then used the amount to purchase three managers checks amounting to P142 Million (Annex “D-2” to Annex “D-8”) to purchase a huge house and lot located at 100 11 th Street, New
Manila, Quezon City (Annex “D-9”), otherwise known as the
Boracay Mansion.
St. Peter Holdings Corporation is a thinly capitalized dummy corporation (Annex “D-10”) organized by the attorneys of Joseph
E. Estrada to house and conceal his beneficial ownership over said
Boracay Mansion.
15.2 Through a written instruction to Equitable Bank, P100
Million was withdrawn on May 31, 2000 to purchase a manager’s check payable to Bank of Commerce to partly pay for the acquisition of a property located at 518 Buendia Extension, North
Forbes, Makati City.

13
16. Using funds from said savings account no. 0160-62501-5 with Equitable Bank, Joseph E. Estrada transferred on February 4, 2000
P500 Million (Annex “E”) to an Investment Management Account (Annex
“E-1”) which, according to Ms. Clarissa Ocampo, Joseph E. Estrada opened using his alias Jose Velarde (Annex “E-2”) with specific instructions to lend such amount to the Wellex Group of Companies
(Annex “E-3”).
17. Using funds under his fictitious names and/or using his cronies, Joseph E. Estrada further remitted:
17.1 Approximately P70 Million to Becks Resources
Corporation which then applied for managers checks to purchase on June 2, 2000 a real property located at 973-975 Stanford
Street, Wack-Wack, Mandaluyong City. (Annex “F”)
Becks Resources Corporation is another thinly capitalized dummy corporation (Annex “F-1”) organized by the attorneys of
Joseph E. Estrada to house and conceal his beneficial ownership over said Stanford property.
17.2 Approximately P50 Million through Verdant Forest
Highlands which then purchased on December 29, 1997 a real property located at 551 Wack Wack St., Wack Wack, Mandaluyong
City. (Annex “G”)

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Verdant Forest Highlands is another thinly capitalized dummy corporation (Annex “G-1”) organized by the attorneys of
Joseph E. Estrada to house and conceal his beneficial ownership over said Wack Wack property.
17.3 Approximately P38 Million through FVC Realty and
Development Co. (now, VFC Land Resources Inc.) which then purchased on July 28, 1998 a real property located at 771 Harvard
St., Wack Wack, Mandaluyong City. (Annex “H”)
FVC Realty and Development Co. (now, VFC Land Resources
Inc.) is another thinly capitalized dummy corporation (Annex “H-
1”) organized by a crony of Joseph E. Estrada to house and conceal his beneficial ownership over said Harvard property.
17.4 An amount to acquire beneficial ownership of KB
Space Holdings, Inc. which owns a real property in Harvard St.,
Wack Wack, Mandaluyong; and an additional amount of approximately P29 Million through KB Space Holdings, Inc. to purchase on October 31, 1998 an adjacent real property (Annex
“I”) which when consolidated is known as 796-800 Harvard St.,
Wack Wack, Mandaluyong City.
17.5 Approximately P75 Million through Mercury Ventures,
Inc. which then purchased in 1998 a real property located at No. 1
Woodlands Drive, Tagaytay Highlands, Tagaytay City.

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Mercury Ventures, Inc. is another thinly capitalized dummy corporation organized by a crony of Joseph E. Estrada to house and conceal his beneficial ownership over said Tagaytay Highlands property.
18. All the foregoing monies and properties, and any other additional assets which affiants are able to uncover and disclose during the investigation which were acquired by Joseph E. Estrada during his incumbency as public official are patently and grossly out of proportion to his salary as such public official and to his other lawful income and the income from legitimately acquired property as declared in his aforesaid Statements of Assets, Liabilities and Networth.
19.
Indeed, the foregoing monies and properties and interests in the aforesaid corporations were not disclosed by Joseph E. Estrada in his pertinent Statement of Assets, Liabilities and Networth as required by
Republic Act 3019.
it is respectfully prayed that all the monies, properties and interests not disclosed by Joseph E. Estrada in his pertinent Statement of Assets, Liabilities and Networth be forfeited in favor of the Republic of the Philippines, as provided under Republic Act
1379.
It is further prayed that, after due proceedings, such other charges as may be warranted under the premises be likewise filed against Joseph
E. Estrada.

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Makati City for Manila.
06 February 2001.
RAFAEL MARIANO
Affiant
MARIANNE B. HONTIVEROS
Affiant
VERIFICATION
We, RAFAEL MARIANO and MARIANNE B. HONTIVEROS, with address at 23 Maamo St., Sikatuna Village, Quezon City and 2701 Roxas
Blvd., Malate, Manila, respectively, both of legal age, Filipinos, after having been duly sworn in accordance with law, depose and state that:
1.
We are the two of the complainants named above and as such have caused the preparation of the foregoing Affidavit-
Complaint.
2.
We hereby certify that we have read the pleading and that the allegations therein are true and correct of our knowledge and belief and based, among others, on records and documents that we have seen.
IN WITNESS WHEREOF, we have hereunto set our hands this ___ day of February, 2001 in the City of Makati.
RAFAEL MARIANO MARIANNE B. HONTIVEROS
SUBSCRIBED AND SWORN to before me this ___ day of _______
2001, affiants exhibiting to me their:
Name Comm. Tax Cert. No. Date/Place of Issue
Rafael Mariano 06157727 2-6-01/Q.C.
Marianne B. Hontiveros 08058060 1-24-01/Manila
Notary Public
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of 2001.