Thursday, August 15, 2013

Jeane Napoles and gifts for the super rich

 
MANILA - How much does one need to spend to give gifts to the super rich, like the daughter of businesswoman Janet Lim Napoles? 
Napoles, who has been implicated in the P10-billion pork barrel and Malampaya fund scandal, admitted giving her daughter, Jeane, a Porsche Cayenne and a Porsche Boxster.

A 2008 Porsche Cayenne costs between $21,385 and $42,503 (around P928,110 to P1,844,631), according to Yahoo! Autos.



A 2012 Porsche Boxster, meanwhile, will set you back between $48,100 and $65,200 (or around P2,087,541 to P2,829,682).
Here are price estimates of other gifts the young Napoles either bought, or were given as gifts by her parents:
  • YSL Tribute Leather sandals: $875 (P37,975)
  • Chanel timeless clutch: $1,900 (P82,460)
  • Hublot white Big Bang watch: starts at 11,400 euros (around P620,000)
  • Celine Medium Luggage Tote: $3,100 (P134,540)
  • Chanel watch: 4,000 euros (around P226,000)
  • Herve Leger bandage dress: $1,568 (P68,051.25)
The items do not include how much Napoles spent for her daughter's 21st glitzy birthday party held at a Beverly Hills hotel.

Other luxury items that her parents could have bought for Jeane are not also shown on her Instagram account, which she has deleted.

The older Napoles, in an interview with ABS-CBN News, has confirmed the authenticity of the cars and luxury items belonging to her daughter.

She said the money for the gifts came from her family's legitimate business ventures.

Napoles has been accused by several whisteblowers as being behind a public fund scam involving 5 senators, 23 congressmen and fake non-government organizations.

On Wednesday, one her mother's lawyers defended Jeane, who has received flak for flaunting her lavish lifestyle on social media.

In an interview with radio DZMM, Atty. Lorna Kapunan said Napoles' family is well-off because of their businesses abroad.

She said everyone should be proud of people like Jeane who excel in school.

Kapunan said she would also give expensive gifts to her children if they excel in school and if she had a lot of money from legitimate sources of income.

“I always say when I am asked, kung mayroon akong kayamanan ng kaunti at nakapag-magna cum laude ang aking anak sa isang US university, bibigyan ko din siya ng Porsche, bibigyan ko din siya ng Chanel kung afford ko. The bottom line is, afford nila. It is not ill-gotten wealth, they do not have a single contract with government. They have not owned a single peso from any of these public funds. They have their own money that they gave to their child who instead of persecuting, we should be proud of,” she said. -- with a report from Jon Carlos Rodriguez, ABS-CBN News

Source: http://www.abs-cbnnews.com/lifestyle/07/31/13/jeane-napoles-and-gifts-super-rich

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