President Benigno “Noynoy” Aquino has sold his controversial Porsche car, saying it has posed “unnecessary risk.”
“Yes…[It is] putting unnecessary risk to the people who are guarding me, the PSG [Presidential Security Group],” Aquino told reporters in a chance interview.
The vehicle appeared as an “advertisement” of his whereabouts, Aquino said.
Aquino added he already sold the sports car, which reportedly cost him P4.5 million, at “exactly the same price I bought it.”
“It’s time to let somebody experience it,” Aquino said.
“I hope that’s the last question on the car that’s no longer in my possession,” the President added.
Aquino brought the car using his ‘personal funds’ last January and immediately drew flak for possessing an expensive item, amid the rising number of poor Filipinos.
Aquino then said he sees nothing wrong in buying a 2007 Porsche.
"Ano bang masama na habang may kakayahan pa po akong magmaneho ng ganoong klaseng sasakyan dahil siguro naman pagbaba ko or ten years from now, iba na ang ating reflexes,” he had said.
Aquino saw his trust ratings plummet following the Porsche purchase, with Social Weather Stations Survey noting that 48 percent of respondents said it was not a “good example for a President with a country like the Philippines.”
Fourteen early winners in the party-list race have been named Friday even as the protracted count of votes continues.