Vice President Sara Duterte reiterated on Saturday that she does not own a Jollibee franchise or any other franchise. In a statement, she denied any such ownership, emphasizing that her investment in GenCorp Industries Inc. Does not make her the owner of the fast-food chain.
Duterte made the clarification in response to recent media inquiries and public speculation about her business ties. She stated that her previous investment in a company affiliated with GenCorp does not imply ownership of Jollibee franchises. The clarification comes amid ongoing discussions about her business connections and potential conflicts of interest.
This follows reports linking Duterte to GenCorp Industries Inc. A company with ties to the Jollibee franchise. While her investment in the company has been noted, she has consistently denied any direct involvement in the fast-food chain. The clarification aims to address public concerns and clarify her financial relationships.
The controversy highlights the ongoing scrutiny of political figures' business interests in the Philippines. Duterte’s denial underscores the need for transparency in such matters, especially given her prominent political role. The situation remains under public and media attention as further details are awaited.
