FFCCI backs decision to subpoena Corona bank documents
MANILA, Philippines - The Federation of Filipino-Chinese Chambers of Commerce and Industry (FFCCCI) said “it is fully supportive” of the decision of the impeachment court to subpoena the bank accounts of Chief Justice Renato Corona.
In a statement, the group said an earlier news item on the risk of a bank run is “not the federation’s position.”
An official of the FFCCCI earlier warned of a possible bank run as well as violations of the bank secrecy laws amid the prosecution’s alleged effort to “fish for evidence” against Corona.
“The members of the FFCCCI are afraid that it might trigger a bank run, just like what happened during the impeachment trial of former President Estrada where massive withdrawals by depositors of then Equitable PCI Bank occurred,” the FFCCCII official had warned.
During the impeachment trial against Estrada, the Senate ordered the opening of bank deposits to prove that Estrada received jueteng money.
Printer-friendly version
Send to friend
Share your views
Press Statement from FFCCCII
Press Statement
February 6, 2012
NO FFCCCII STATEMENT ON IMPEACHMENT CASE
The Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) is surprised at the news reports appearing in some dailies today, February 6, 2012, that an official of FFCCCII cautioned the Impeachment Court regarding a request of the prosecution panel to subpoena bank records of Chief Justice Renato Corona.
FFCCCII categorically denies having made any statement relating to the ongoing impeachment trial. The FFCCCII has given its full trust and confidence in the wisdom and fairness of the Senate as an Impeachment Court. Thus, FFCCCII has not made any comment on the on-going proceeding.
DR. FERNANDO GAN
Secretary General
▼leaked bank docu and SALN▼
Isang katutak na pera sa banko
kaya pala kaya bumili ng isangkatutak na properties...
http://vvvvv magazine ph/SALN-Bank-Docu