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President Marcos has denied former Manila Economic and Cultural Office (MECO) chairman Silvestre Bello III’s allegation that he was removed from his post after refusing a supposed P1-billion offer to run for Congress in Davao, calling the claim “a lie.”

READ: https://mb.com.ph/2025/11/29/marcos-bellos-claim-of-p1-b-election-offer-a-lie

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Transcript
00:00Good afternoon, Yusek.
00:01Former Dolla Secretary Silvestre Bellio said he was removed as MECO chief
00:05because he declined to offer to run against Congressman Ungab of Davao's third district
00:13in exchange for 1 billion pesos and an assurance that he will have a cabinet post in case he loses the election.
00:19Have we heard from the President about this?
00:21I talked to the President personally on this matter and he said,
00:25it's a lie.
00:26And ma'am, may we know what's the reason behind Bellio's removal from MECO?
00:35You can ask him.
00:37But on the part of the President, it's a lie.
00:39There's no truth about that.
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