MARCOLETA. Senator Rodante Marcoleta discusses a proposal to amend Republic Act No. 9344, also known as the Juvenile Justice and Welfare Act of 2006, on AugustMARCOLETA. Senator Rodante Marcoleta discusses a proposal to amend Republic Act No. 9344, also known as the Juvenile Justice and Welfare Act of 2006, on August

Marcoleta faces plunder complaint over questions on campaign donations

2026/05/22 21:30
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

MANILA, Philippines – Senator Rodante Marcoleta is facing a complaint before the Office of the Ombudsman for plunder and receiving gifts under Presidential Decree No. 46 due to questions on his campaign donations.

A source confirmed to Rappler on Friday, May 22, that the complaint was indeed pending before the Office of the Ombudsman and was related to Marcoleta’s campaign donation. Plunder is filed when the amount in question reached the threshold of P50 million.

The allegations against Marcoleta are still at the complaint stage. Meaning, the Ombudsman will still conduct further probe and decide later whether or not to charge Marcoleta before the anti-graft court Sandiganbayan.

The questions on Marcoleta’s campaign donation reached the Commission on Elections (Comelec) because he declared a net worth of P51 million in 2025, yet spent P112 million for his senatorial campaign. He had no declared poll contributions.

However, he later confirmed he had gotten P75 million in campaign donations but clarified that he had received them before the start of the campaign period.

Marcoleta said he did not include the amount in his Statement of Contributions and Expenditures because he was not yet a candidate when he received it.

In its decision, the Comelec ruled in favor of Marcoleta, saying that he did not violate election rules.

“Under Section 262 of the OEC (Omnibus Election Code), violation of Section 109 constitutes an election offense. However, due to the later law passed by Congress, it is one of the sections in the OEC that a violation of which will no longer constitute an election offense,” the Comelec said in March.

Must Read

Comelec clears Marcoleta of poll violation over undeclared campaign contributions

Marcoleta, a prominent member of the religious sect Iglesia ni Cristo, placed sixth during the 2025 senatorial elections with 15.1 million votes.

As a senator, he was given the powerful Senate blue ribbon committee in exchange for his support of Senator Chiz Escudero’s bid for the Senate presidency during the opening of the 20th Congress. He was replaced, however, by Senator Ping Lacson in September 2025 — in the middle of the probe into the multibillion flood control corruption.

Marcoleta was most famously known for being involved in heated arguments with other officials due to the application of Sarah and Curlee Discaya as state witnesses in government probes. – Rappler.com

Market Opportunity
The AI Prophecy Logo
The AI Prophecy Price(ACT)
$0.01172
$0.01172$0.01172
-8.79%
USD
The AI Prophecy (ACT) Live Price Chart

AI Strategy: Powered 24/7

AI Strategy: Powered 24/7AI Strategy: Powered 24/7

Generate automated strategies using natural language

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Crypto Industry Flexes Political Muscle in Texas Primary Victories

Crypto Industry Flexes Political Muscle in Texas Primary Victories

Crypto PACs invested $10M+ in Texas primaries, ousting Rep. Al Green. Analysis of victories, spending patterns, and implications for digital asset policy. The post
Share
Blockonomi2026/05/28 14:42
CME Group to launch Solana and XRP futures options in October

CME Group to launch Solana and XRP futures options in October

The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets.  The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures
Share
BitcoinEthereumNews2025/09/17 23:55
Luxor Ships Commander Software to Optimize Bitcoin Mining Fleet Profitability – News Bytes Bitcoin News

Luxor Ships Commander Software to Optimize Bitcoin Mining Fleet Profitability – News Bytes Bitcoin News

The post Luxor Ships Commander Software to Optimize Bitcoin Mining Fleet Profitability – News Bytes Bitcoin News appeared on BitcoinEthereumNews.com. Seattle-based
Share
BitcoinEthereumNews2026/04/02 18:41

No Chart Skills? Still Profit

No Chart Skills? Still ProfitNo Chart Skills? Still Profit

Copy top traders in 3s with auto trading!