Fitch Solutions: Bongbong Marcos win not guaranteed amid tax case, Leni Robredo momentum
MANILA, Philippines—The victory of survey frontrunner and dictator’s son Ferdinand “Bongbong” Marcos Jr. was still not guaranteed while past tax conviction cases would weigh on his potential presidency, Fitch Solutions said in a new report.
This also poses “modest uncertainty” in the May 9 elections amid divisions within the ruling political party of President Rodrigo Duterte, who has yet to endorse any candidate.
There were also growing signs of support for opposition candidate and incumbent Vice President Leni Robredo, who trails Marcos in major opinion polls.
“Robredo appears to be gaining political momentum based on anecdotal evidence as Marcos has repeatedly missed national presidential debates and interviews by media platforms,” Fitch Solutions said in a report dated March 24.
Evidence of this support for Robredo came from reports of “enormous crowds” at her rallies and endorsements from former Cabinet members, civil society groups and retired military generals, it added.
“Furthermore, Eastern Samar Governor Ben Evardone, a close ally of Duterte and his party’s vice president, announced he would back Robredo instead of Marcos, and did not sign the party resolution endorsing Marcos,” Fitch Solutions said.