Veteran columnist Rigoberto Tiglao exposed the Land Transportation Office (LTO) records of former President Benigno Aquino III showing that he never bought or sold an expensive Porsche car. The LTO records proved that the former President did not sold his Porsche 911 Carrera car which he claimed he bought for P5 million. The controversial Porsche car of the former President made headlines just months into his presidency but he explained that he bought the luxury car with the proceeds he got when he sold his BMW. Because of the furor from such display of opulence, Pres. Aquino claimed to have sold it six months later for exactly the same price. According to Tiglao during that time he asked through his column the LTO to release the car's deed of sale and registration to prove that it was not a gift from a Chinese-Filipino tycoon as rumored by some individuals critical to the President. The only possible way to discover whether the Porsche luxury was indeed sold was through ...
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