WORLD · VERIFIED DEVELOPMENT
Mystery Surrounds Sara Duterte's Business Interests in Gencorp Industries Inc.
WHY IT MATTERS
This development highlights concerns about potential conflict of interest and the need for transparency in government officials' business dealings, which could impact the impeachment trial of Vice President Sara Duterte.
What happened
Vice President Sara Duterte's Statements of Assets, Liabilities, and Net Worth (SALNs) list a company, Gencorp Industries Inc. , which is not found in Securities and Exchange Commission (SEC) documents.
The discrepancy raises questions about potential business interests and conflict of interest. Gencorp obtained over P15 million in contracts from Davao City Hall when Sara's brother, Baste Duterte, was mayor and she was vice president.
The company's major shareholder, JTC Group of Companies, has ties to Duterte associates, including Jaime Tan Cruz, who was appointed special envoy to China by former President Rodrigo Duterte.
PRIMARY SOURCES
[Rappler Investigates] Mystery in Sara’s SALNs
Rappler · Chay F. Hofileña · Discovery only; publisher copyright terms apply
CORRECTIONS & UPDATES
- Revision 1 · Initial ingestion · Sep 24, 2026, 8:45 PM
- Revision 2 · Source update detected · Sep 24, 2026, 8:45 PM