📖 Your Q2 Earnings Guide: Discover the Stocks ProPicks AI Highlights to Jump Post-EarningsRead more

Boxer Manny Pacquiao to run for Philippine president in 2022

Published 09/19/2021, 06:58 AM
Updated 09/19/2021, 12:50 PM
© Reuters. FILE PHOTO: Philippine Senator and boxing champion Manny Pacquiao reads his briefing materials as he prepares for the Senate session in Pasay city, Metro Manila, Philippines September 20, 2016. Picture taken September 20, 2016. REUTERS/Erik De Castro/File

MANILA (Reuters) -Boxing star Manny Pacquiao said on Sunday he will run for president of the Philippines next year, after railing against corruption in government and what he calls President Rodrigo Duterte's cozy relationship with China.

Pacquiao accepted the nomination of his political allies during the national assembly of the faction he leads in the ruling PDP-Laban Party, days after a rival faction nominated Duterte's long-time aide, Senator Christopher "Bong" Go https://www.reuters.com/world/asia-pacific/philippine-senator-first-declare-2022-run-presidency-2021-09-08, as its presidential candidate.

That faction nominated Duterte for vice president, a move that critics called a cynical ploy by Duterte to retain power.

Go declined the nomination, but the rift between the Pacquiao and Duterte factions has escalated.

"I am a fighter, and I will always be a fighter inside and outside the ring," Pacquiao, 42, a senator, said in a live-streamed speech during the assembly. "I am accepting your nomination as candidate for president of the Republic of the Philippines."

Pacquiao's faction has not expressed support for Duterte's vice-presidential bid. Duterte is prohibited by the constitution from running for a second six-year term as president.

One of the greatest boxers of all time and the only man to hold world titles in eight different divisions, Pacquiao was mum about his 26-year professional career.

Despite his popularity, Pacquiao trails the front-runners in opinion polls that have been topped consistently by Duterte's daughter https://www.reuters.com/world/asia-pacific/duterte-daughter-seek-re-election-mayor-despite-calls-presidency-run-2021-09-16, Sara Duterte-Carpio.

In July, Pacquiao was voted out https://www.reuters.com/world/asia-pacific/philippines-pacquiao-ousted-president-ruling-party-after-row-2021-07-17 as PDP-Laban leader, weeks after challenging Duterte over his position on China and record on fighting corruption, but his ouster was rejected by his faction.

Pacquiao, once a close ally of Duterte, had said more than 10 billion pesos ($200 million) in pandemic aid intended for poor families was unaccounted for, adding this was just one discovery in his planned corruption investigation https://www.reuters.com/world/europe/boxer-pacquiao-backs-corruption-claims-with-missing-public-funds-allegation-2021-07-03.

His anti-corruption crusade comes as the Senate has opened an investigation into alleged overpricing of medical supplies and equipment purchased under the government’s pandemic response programme.

© Reuters. FILE PHOTO: Philippine Senator and boxing champion Manny Pacquiao reads his briefing materials as he prepares for the Senate session in Pasay city, Metro Manila, Philippines September 20, 2016. Picture taken September 20, 2016. REUTERS/Erik De Castro/File Photo

Duterte challenged Pacquiao to name corrupt government offices to prove that the boxer was not just politicking ahead of the election.

Pacquiao countered by warning of jail for corrupt government officials: "Your time is up!"

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.