MANILA Senator-elect Lito Lapid spent only PHP10 million in his campaign, making him the lowest spender among the top 12 winning senatorial candidates in the mid-term elections.
Based on his Statement of Contributions and Expenditures (SOCE) which was submitted late Thursday afternoon before the Commission on Elections-Campaign Finance Office (Comelec-CFO), Lapid has received a total contribution amounting to PHP175,700 while his total expenditure was at PHP10,754,074.26.
Lapid submitted his SOCE two weeks after the June 13, 2019 deadline, incurring an administrative penalty of PHP10,000 which he has settled.
Lapid, who ran under the Nationalist People's Coalition, placed seventh overall in the senatorial race with 16,965,464 votes.
Under the law, every candidate and political party shall file the full, true, and itemized SOCEs within 30 days after the Election Day.
But they are allowed to file their SOCE within six months from the date of proclamation.
The other newly-elected senators that have earlier submitted their SOCEs are Cynthia Villar, Nancy Binay, Pia Cayetano, Bong Go, Grace Poe, Francis Tolentino, Bong Revilla, Imee Marcos, Sonny Angara, Koko Pimentel, and Ronald dela Rosa.
Of the 12, Go was recorded as the biggest spender in the 2019 midterm polls with a total contribution of PHP162,035,537.34 and expenditure amounting to PHP161,418,299.31.
On the other hand, the Comelec -CFO, as of Friday, reported that it has received a total of 30 SOCEs from senatorial candidates.
A total of 117 party-list organizations have already filed their SOCEs while a total of 21 political parties have already submitted their SOCEs.
Upon the submission of their SOCEs, those who won in the national posts shall be issued a Certificate of Formal Compliance, which they will present upon their assumption of office. (PNA)
Source: Philippines News Agency