Henares said of 22 banks her agency has ordered to report on Pacquiao's accounts, only two said they held deposits for Pacquiao and that the total was only 1.1 million pesos ($25,200), which is now covered by the garnish.
“It is unbelievable to me that he has only 1.1 million pesos,†Henares said.
Arum said Pacquiao has other accounts elsewhere but declined to elaborate.
“He’s not desperate at all,†Arum said. “How can it be a desperate situation if I’m holding $18 million for him? It’ll get worked out.â€
Pacquiao said Tuesday he borrowed more than $22,700 to purchase relief supplies before his fight Sunday with Rios in Macau and will borrow more to keep his word to typhoon victims. Pacquiao said he plans to provide aid to more than 10,000 families.
Arum previously donated $25,000 to the typhoon relief effort and said he’d be willing to front Pacquiao more money for the recovery, “but where am I going to put it?â€
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