- Sebastian Duterte, the youngest son of Rodrigo Duterte, is currently the Mayor of Davao City amidst a review of an extradition request by US authorities.
- The impeachment inquiry into Sara Duterte is underway, involving the Civil Service Commission regarding SALN filings, while Sebastian Duterte serves as Mayor of Davao City.
SEC Scrutiny Highlights Vice President's Corporate Holdings During Impeachment
- Reports
- 3
- Developments
- 2
- Repetition
- 67%
New informationRepeats or wire copies
What happened
During an impeachment inquiry, the Securities and Exchange Commission confirmed that Sara Duterte remained a director and shareholder of Metro City Chow Foods Corp. after she became Vice President in 2022. Records showed Duterte held a 20 percent stake and served on the company's board from 2022 to 2025. A director from the Securities and Exchange Commission testified that the agency lacks a directive requiring it to report officials who may be prohibited from participating in private businesses.
From philstar.com, sunstar.com.ph
Why it matters
The scrutiny relates to constitutional provisions prohibiting high-ranking officials from participating in business during their tenure. The Securities and Exchange Commission clarified that its regulatory mandate is focused on violations of securities and corporate laws, not on flagging potential conflicts of interest for public officials.
The impeachment inquiry into Sara Duterte is underway, involving the Civil Service Commission regarding SALN filings.
From philstar.com, sunstar.com.ph
Who's involved
- Sara DuterteVice President of the Philippines whose corporate roles were scrutinized during impeachment proceedings.
- Securities and Exchange CommissionGovernment agency that confirmed the corporate records and stated it lacks a directive to flag prohibited officials.
How it developed
Newest first. Tap a step to see who reported it.- SEC identified Jaime Cruz in corporate records linked to companies associated with Sara Duterte.Sub-event
SEC scrutiny focuses on corporate oversight failures during Duterte's impeachment.1 source
Keep exploring
The entities involved
-
Sara Duterte
Vice President of the Philippines since 2022
-
Securities and Exchange Commission
government agency of the Philippines
Related events
- A presiding officer managed the impeachment trial proceedings on August 1st.
- The impeachment trial against Sara Duterte was led by prosecutors, which included criticism of statements made during the proceedings.
- Sara Duterte faces an impeachment trial over fund misuse, leading to calls for conviction and replacement nomination.
- Political figures, including Sara Duterte, face scrutiny over corruption and impeachment proceedings.
- Sara Duterte and Francis Escudero presided over the impeachment trial proceedings on September 1, 2026.