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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Allegations of Unexplained Wealth
Philippine Vice President Sara Duterte is under investigation following revelations of significant discrepancies between her declared assets and bank transactions. Lawmakers have highlighted billions in bank flows that do not align with her official statements of assets and liabilities.
## Impeachment Proceedings
The House of Representatives is conducting impeachment hearings to examine these financial inconsistencies. The Anti-Money Laundering Council (AMLC) presented data showing 417 transactions totaling nearly P3.92 billion linked to Duterte from 2005 to early 2026. These figures starkly contrast with her declared assets, which ranged from P2 million to P3.8 million in earlier years.
## Evidence and Testimonies
Former senator Antonio Trillanes IV provided testimony, claiming the transactions are linked to alleged drug money. He presented an affidavit detailing 18 specific transactions amounting to hundreds of millions of pesos. Trillanes argues these transactions form part of a broader pattern of financial misconduct.
## Next Steps
The House Committee on Justice is expected to conclude its hearings by April 29, 2026. If probable cause is found, the case may proceed to the Senate for trial. The committee has been gathering evidence from various agencies, including the AMLC and the Bureau of Internal Revenue, to assess the validity of the allegations.
## Legal and Political Implications
Duterte's legal team attempted to halt the proceedings through the Supreme Court but was unsuccessful. The outcome of these hearings could have significant political implications, especially as Duterte has announced her intention to run for the presidency in 2028.
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