MANILA- The President's daughter, Davao City Mayor Sara Duterte, on Thursday said she welcomes the Ombudsman's investigation into her family's bank transactions.

"I welcome it so that we can finally answer all accusations in the proper venue. Thank you," Duterte said in a statement.

The Office of the Ombudsman has started looking into bank transactions of the President and his family, prompted by Sen. Antonio Trillanes' allegations that the President kept hidden wealth.

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Overall Deputy Ombudsman Arthur Carandang said they had obtained bank transaction documents of the President and his family from the Anti-Money Laundering Council (AMLC).

He said the Duterte family’s transactions amount to hundreds of millions of pesos from different banks between 2006 until 2016 but clarified that it would be difficult to identify the total amount of deposits since money went in and out of the Duterte family’s accounts.

Carandang is leading the investigation after Ombudsman Conchita Carpio Morales inhibited from the case since her nephew, Manases Carpio, is the husband of Davao City Mayor Duterte.