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Aside from those who already have taken the exam, interested applicants could still register at ARC-Visayas Office, Camp Lapu-Lapu, Cebu City.
The examination will be conducted at 8 a.m. on April 28. Walk-in applicants will also be accommodated.
According to the Philippine Army, an applicant must have a baccalaureate degree or a graduate of any four or five-year course, and must be single or without any dependents.
The applicant must be 21 to 24 years old. A male applicant must be at least 5'4" in height while female applicant must be at least 5'0."
Requirements are school credentials, birth certificate from the National Statistics Office or from the civil registrar, and a valid identification card.
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The figures were based on their tax returns and took into account their salaries and income from their businesses—the Gallera de Mandaue, a cockpit; Eigado Mini Mart; Eigado Lending Investors; the Mandaue Sabungan Canteen; and the Eigado Real Estate Lessor.
Meanwhile, in the joint Statement of Assets, Liabilities and Net Worth (SALN) that the Loots submitted to the Office of the Ombudsman-Visayas for 2005, 2006 and 2007, the spouses declared their net worth as P83,075,143 for 2005, P87,645,800 in 2006 and P106,701,628 in 2007.
The NBI letter-complaint cited the sharp increase in the Loot couple's net worth between 2005 and 2006 (about P4.5 million) and between 2006 and 2007 (P19.05 million).
"How could there be an increase in the amount of P4,570,657 in the year 2006 if the only taxable income earned during that year was only P612,548 (based on the annual tax returns)?" Bessat said in his letter.
Bessat said the spouses attributed the 2007 increase—about P19 million—to their construction of houses within Mandaue City's Mango Green Village, worth P12,272,000, and the acquisition of a Quezon City condominium worth P4.9 million.
They indicated that the value of the Mandaue City property supposedly increased by P23,772,000 from the original P12.2 million, said Bessat.
The couple also indicated that they made additional investments amounting to P6,485,728.
Still, Bessat said, the increase "could not justify or explain the abrupt increase in income."
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