Corona has means to buy properties: lawyer

Posted at 02/02/2012 1:30 PM | Updated as of 02/02/2012 11:41 PM

MANILA, Philippines - The defense team of Chief Justice Renato Corona on Thursday said the Corona family has the means to buy properties.

Atty. Dennis Manalo, one of the defense lawyers, said Basa Guidote Enterprises, which is owned by the family of Corona's wife, has been leasing out properties since 1961.

He said the corporation even received P34 million from the Manila City government for taking its private property for public use.

He also stressed that even if the corporation's franchise has been revoked, it can still transact business and give a cash advance to the Chief Justice.

"That business has been operating since 1961...They own a lot of properties in Manila na pinapaupahan nila. This corporation was in receipt of a P34 million expropriation from the city of Manila so the point is may pera ang pamilya ng mga Corona and Mrs. Corona has that money," he said in an ANC Headstart interview.

"They may not be flaunting their money because they're not supposed to do that....but right now they're being pushed against the wall, they have to show who their family is and what they have," he added.

Prosecutors on Wednesday said Corona could not have received an P11 million cash advance from Basa Guidote Enterprises because its certificate of registration was revoked that same year.

“Our theory is that there could not have been any transaction made by Basa-Guidote with Chief Justice Renato Corona because … the corporate franchise had already been dissolved or revoked and therefore, the only action that can be taken by Basa-Guidote (was) just to liquidate and wind up the affairs of the corporation and distribute the shares,” Rep. Reynaldo Umali said.

Corona declared the P11 million cash advance as a liability in his SALNs for 2003 and 2004. Subsequent SALNs showed the liability decreasing.

Lawyer Vicky Aveña of the University of the Philippines College of Law said that when the corporation's license was revoked, it was no longer allowed to operate as a real estate business.

"When the license was revoked, bawal na siya magpatuloy sa ganung negosyo. Bawal na siyang magparenta ng building at magbenta ng lupa," she said.

She also said Rep. Elpidio Barzaga had pointed out the corporation could not issue a cash advance since there was no longer a board of directors when the license was revoked. "It's not just 1 person making a decision. Without a resolution, how could the corporation issue a cash advance?"

Aveña said Wednesday's impeachment hearing bogged down after Senate President Juan Ponce Enrile questioned the testimony of Securities and Exchange Commission director Benito Cataran that Basa-Guidote lost its “corporate existence” by virtue of the revocation.

Enrile said only the stockholders and the government through the power of a quo warranto proceeding can kill a corporation. He later ordered Cataran to submit a legal memorandum explaining the SEC’s authority to dissolve a corporation.

Truth must come out

Aveña, meanwhile, warned that the impeachment body is now being set up so that the truth will not come out. She said one way of making sure of this is to make the prosecution panel look inept.

"Kung iisa-isahin natin, mula't sapul mayroong tendency ang impeachment body na i-design na in such a way na ayaw lumabas ang katotohanan. Ngayon ang sa akin, kasama na sa disenyo na yan na pagmukhaing inept at di magaling ang prosecution. Ipagpalagay na bata sila, oo nga  Meron ding marunong sa kanila pero nalulusatan sila. Hindi sila perpekto pero yan ay na -exacerbate, pinagmukhang grabeng-grabe, bilang bahagi ng disenyo para i-condition ag utak ng tao para kung mayroon ngang lumabas na resulta dito ay dahil sa di pagiging preparado at di pagiging magaling ng prosekusyon," she said.

"What is important here is the truth must come out. Mag-ingat tayo na laging sinasabi na ang prosecution ay di magaling, Ang totoo lang magaling sila. Ang totoo lang pinipigilan sila. Yung SALN, kahit walang kaso public document yan e. Ke may kaso o wala, dapat pwede mo inspeksyunin dahil public document. So in other words, whether or not they prosecution is good, that should be the basis," she added. With reports from ANC and radio dzMM


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33 comments

Corona has means to buy property

Assuming that the P11M was taken from the P34M proceeds from the City government, such was declared as 'loan' and even if there exist P11M loan, that does not explain the swelling of the CJ asset to P24 by end of 2010. If it really comes from the P34M there is a need to hear from the relatives of Cristina Corona who have some nasty comments when interviewed on TV. I appears that the CJ has manipulated the sale of such property so the payment was issued in the name of the wife, Cristina. Another misdemeanor but not included in the articles of impeachment. One escape route or alibi leads to another problem. That is what happens when one is not telling the truth. They are choked in the web of their own lies.


▼ Leaked documents of bank account▼

Limpak limpak na salapi
parang kasing yaman si pacquiao
kaya pala kaya bumili ng napakadaming properties...

http://vvvvv magazine ph/bank-docus-leaked


HAS THE MEANS TO BUY

HAS THE MEANS TO BUY PROPERTIES.

TOTOO YAN ME MEANS UN NGA LANG ILLEGAL. ITONG MGA LAWYERS NA TO ALAM NA NILA NA ME KASALANAN ANG KANILANG CLIENT DAHIL ME CONFERENCE MUNA SILA. KAYA LANG IT IS PROTECTED BY THE SO CALLED CLIENT-LAWYER RELATIONSHIP. KAYA TULOY KAHIT PA WALA NA SA ANGULO ANG KATUWIRAN NG MGA LAWYERS NA TO DADA PA RIN NG DADA KAYA NGA ANG GULO.

TANGALIN NA KAYA ANG CLIENT-LAWYER RELATIONSHIP PARA MAS MABILIS ANG PAGLILITIS DAHIL IPAAAMIN NA NG LAWYER ANG KASALANAN SA PAG PLEA GUILTY OR NOT.


ATTORNEY OUTLAW ???

NATURAL LAMANG na IDEPENSA ng mga ATTORNEY ang kanilang CLIENT lalong lalo na kung ito'y may kakayahang magbayad ng bilyon piso.

PAGALINGAN na lang ng ATTORNEY ang sistema. BAWAT LATAG ng PROSECUTION ay may PALUSOT at PALIWANAG ang DEPENSA. Mukhang may MALI sa sistema ng PAGLILITIS..

Ang kawalan ng moral ascendancy at walang kaduda-dudang pagkakanulo ng pagtitiwala sa bayan ni CORONA, mga ILIGAL na practices ay nawawalan ng saysay dahil sa kasanayan ng ATTORNEY (defence panel), NAGAGAWAN NG PARAAN at NAGIGING LEGAL.

Mga ATTORNEY ang PANALO, ang KIKITA at MAKIKINABANG sa IMPEACHMENT TRIAL sa SENADO, hindi ang TAUMBAYAN at lalong-lalo na, hindi ang KATATAGAN ng DEMOKRASYA.


COMING FROM A HYPOCRITE'S MOUTH

THIS IS COMING FROM THE FISH MOUTH WHO GOT CAUGHT WITH HIS OWN MESS(CORONA'S SPEECH) EXCERPT:

The fact remains that at the heart of our sovereign mandate is the people’s trust in the courts. The people’s trust, however, is not confined to physical infrastructure. Improving human infrastructure is essential in maintaining integrity which in the final analysis gives us the right to judge. Hence, corruption in the judiciary, whether real or perceived, is particularly insidious and reprehensible. A corrupt judiciary is totally unacceptable as it severely handicaps the legal and institutional mechanism designed to curb abuses in government. As such we shall continuously cleanse the court’s ranks by strengthening the integrity of the judiciary and raising it to the highest level possible. I believe that a member of the judiciary who is found guilty of dishonesty should not only be dismissed from the service but also disbarred. No ifs, no buts.

BASED ON HIS SPEECH, IF WE ARE TO FOLLOW THIS? HE SHOULD GO!! HE SHOULD NOT CLING TO A POWER HE DOESN'T DESERVE TO.


Pres. ABNOY'S revenge when being bullied since childhood days...

The Aquino-Cojuangco clan had already anticipated the events that will truly rotten, not only the Filipino people, but also the Economy and the image of our Country. Below are the greedy steps on how to become successful.

1. Reforming the Phil. Constitution by modifying the Land Distribution Act to exclude Hacienda Luisita State during ex-late Pres. Cory Aquino’s administration. Thus the 1987 Phil. Constitution was born and now NO ONE CAN TOUCH IT. A greedy initiative & interests by the Aquino-Cojuangco clan. Many poor farmers were killed when they attempt to re-open the case (Mendiola Massacre, Hacienda Luisita Massacre) and many civilians who sympathized the farmers were also killed, including Priests & Journalists.

2. Prioritizing the Aquino-Cojuangco Family members in running for any position in the Government. From Councilor to Mayor to Governor to Congressman to Senator and finally to President (Benigno “ABNOY” Simeon (second name given to an abnormal minded person) Aquino III. How's TARLAC?

3. Since Hacienda Luisita Dispute was a very popular issue since the 1960’s until now, they gave millions of Pesos to the Leaders of Activists just to keep their mouth shut. They even paid REBEL groups such as ABB (Alex Bongcayo Brigade) an amount exceeding P30 Million Pesos and also to MILF, an amount exceeding P5 Million pesos. A reported number of Rebel groups (such as NPA, Pampanga Rebel groups, etc..) had also been paid but since the 2 previous incidents were reported to the media, a resolution was made secretly by Malacañang to kill the person(s) immediately who attempts to cross the line, including the NEWS MEDIA(s).

4. Senator Antonio Trillañes IV is a truly a man of principles because of his daring showdown on the 2 failed coup de’ etat by overthrowing ex Pres. GMA. Upon seeing the benefit of this, Pres. ABNOY took the advantage by granting Amnesty to Antonio Trillañes. Thus Antonio Trillañes will no longer work inside the Jail and now he is a Free man (only in the Philippines but not outside). In other words, Sen. Antonio Trillañes now will have to serve Pres. Abnoy and his so called “Man of Principles” is now a question. A very bad move by Sen. Trillañes.

5. Pres. Abnoy was being bullied since his childhood days and now he will take revenge by not helping anyone who is,are in despair. Remember the Bus Hostage Crisis, Pinoys executed by Death penalty in China, killing Military personnel by funding REBEL groups, Impeaching Ombudsman, Chief Justice, opposition employees, etc..etc.

6. IN OTHER WORDS, LET’S OUST PRES. ABNOY BECAUSE HE IS TRULY A DREADED DISEASE THAT WILL PUT PHILIPPINES DOWN ON ITS KNEES.

Why should he marry when no one, not even a prostitute, can handle his crazy ideas (abnormality) and his pathetic principles in life?

PHILIPPINES WAKE UP!!!

---> "It doesn't take the most powerful branches of Government in the Philippines to create the next political conflict. Just the will of a single man. And that man is PRES. BENIGNO 'ABNOY' AQUINO III"

WAY TO FOOL THE FILIPINO PEOPLE

YES, CORONA HAS WAYS TO FOOL THE FILIPINO PEOPLE USING WHAT HE LEARN IN HIS SCHOOLING. HIS SALN WAS COOKED BY HIM BEFORE PRESENTED IT TO THE IMPEACHMENT COURT. I HAVE A FEELING THAT HE NEVER REALLY FILLED OUT OR TURNED IN HIS SALN IN THE PAST AND THIS WAS JUST DONE RECENTLY BECAUSE OF WHAT WE FOUND AND THE INACCURACY OF THE INFORMATION. MAYBE HE CAN'T REMEMBER ANYMORE.. THAT WAS MANY YEARS AGO SO HURRY SIYANG NAG FILL OUT NG MGA FORM NIYA INCASE MA FORCE NA MAKUHA NG IMPEACHMENT COURT AND HILING TO SUBMIT HIS SALN.

ALSO:
PER RAISA'S RESEARCH BELOW:

Chief Justice Renato Corona’s lawyers would like the public to believe that the under declarations and omissions in his SALNs (Statements of Assets, Liabilities and Net Worth) are all “not intentional."
What the lawyers aren’t saying is that CJ Corona was a tax and corporate lawyer who once worked for two banks and for SGV & Company, the country’s largest auditing firm.
And that one of his areas of specialization when he took up a Master of Laws degree in Harvard University was the regulation of corporate and financial institutions.

READ MORE @ http://raissarobles.com/2012/02/03/coronas-not-intentional-mistakes-in-h...


ORDINARY JUAN DELA CRUZ KNOWS

Magtanong ka sa palengke, alam nila kung anu ang tama o mali, pag hindi makikita sa listahan ang pera na nasa bulsa, magtatanong yan sa sarili, saan galing ang perang ito, paano ako nagkapera ng ganito... common sense dw tawag dun...

the truth will set you free

MARAMI NAGISING PANGLOLOKO

At the start of impeachment WINNIE MONSOD invited the people to attend daily the impeachment, now they lost apetite PNOYtards were expecting PROSEC will deflect hard blow to CORONA. Now, napahiya cla, puro kantiyaw inabot and to those people umaasa pagbabago as PNOY slogan WALANG MAHIRAP KUNG WALANG KURAP marami nagising sa katotohanan inuuto lang pala ni PNOY.
Now it only shows that the PROSECUTORS were only following orders from COANGCO-AQUINO Family,, to go after CORONA at all cost to be paid (2009 land value) as what they are now seeking SC-Appeal with 10 Billion compensation of HACIENDA LUISITA (It only shows the reality how GREEDY ARE THE COAJANGCO-AQUINO FAMILY, MOST GREEDY family in Philippine NAKAKASUSUKA KYO.)


ACCOUNTANT and NOT LAWYER

Since we are talking about values, figures, accuracy of SALN, then why not ask an expert accountant for this matter and NOT a lawyer whose opinion is as good as mine.

Nagbigay na nga ng hint ang defense na " with precision" ang kanilang defense, dapat anticipated na ng ABS-CBN ang gagawin ng defense.

With regards to SALN, why not ask the CSC on how to file a SALN with various examples of circumstances?

Im just curious on how people think


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