Financial analyst witness - Hindi 'supposed fraud' ang assessment dahil 'may testigo' — GMA News

[0:00] your exam that your asset based on your own assessment sir based on your own [0:06] assessment there was an alleged or supposed fraud that were perpetrated by [0:11] the respondent using the separate juridical entities sir that's why you [0:17] pierced the veil of corporate fiction in your case that is your findings that is [0:25] your opinion anyway you also mentioned the tax code sir in in explaining the [0:37] piercing the veil you also referred to the tax code okay where a supposed under [0:42] declaration in sales of more than 30% gives a prima facie presumption of fraud [0:48] is that correct now but you are aware sir that the National Investigation [0:55] Division in so far assist its audit of the books of accounts of and records of [1:00] the vice president and mr. Manasseh Scorpio has not in any way came up with any [1:05] findings of fraud but are you aware sir that the spouses Scorpio are not are are [1:16] being audited by the NID National Investigation Division okay sir and no [1:25] case for tax evasion or fraud has been filed against the spouses Scorpio by the [1:30] BAR before the DOJ are you aware of that not yet not yet okay you're not aware not [1:36] aware okay no criminal case for tax evasion or fraud was filed individually [1:42] against the spouses Scorpio before any court in the Philadelphia okay finally you [1:49] agree with me that this is it is only the court who can affirm or dismiss any finding of [1:55] tax evasion or fraud and you are not aware of any judgment that was rendered against the [2:02] spouses Scorpio for any crime involving tax evasion and fraud okay so sir your honor I think we this is a [2:16] good time to have a lunch break it's 21 it is a good time we shall break for lunch [2:26] you've been at it for two hours and one minute so you deserve a rest we shall break for lunch and we shall resume at 1pm [2:35] child is in recess so dito na po attorney cayoso nag umpisa ang lunch break ng senate impeachment court may [2:48] isang oras po sila para sa kanilang lunch break at mag umpisa sila muli mamayang alauna ng hapon at sa [2:54] pagbabalik ang hinasaan po natin is the redirect pati na ang recross if any and yung mga interjections [3:00] ng mga senator judge kay attorney cabera so ah para po sa inyo attorney kayo sa anong pinaka mahalaga [3:07] o pinaka importanteng ah punto na nakuha from the ah witness ngayong umaga na ito una well both of them are [3:16] competent at ah they they came prepared yung parehong cpa lawyer very detailed yung pagtatanong ng ah defense [3:23] counsel but ah relax na relax itong si attorney alex mukhang alam niya ang kanyang sinasabi at ah [3:30] ah kuminsan kinokorek pa niya yung ah yung ah ah defense counsel at kuminsan nauuna pa yung sagot niya [3:37] dun sa tanong so it it shows a witness that is ready at ah confident dun sa kanyang mga sagot at ah very commendable din yung [3:47] detalye na tinatanong ng ah defense counsel but yung there was early on an attempt to impune yung [3:54] competence as expert witness nitong ah witness ito pero mukhang ah [4:01] mga kapuso naka lunch break na nga po ang impeachment court at ang babalik po sila mamayang ah alauna ng hapon [4:15] ah at ah tuloy tuloy lamang po no ang ating ah pagsubaybay at pagtutok dito sa pagpapatuloy na [4:23] impeachment trial at kanina attorney napag-uusapan na nga natin no sabi nyo nga po eh very relaxed yung witness [4:28] and that ah may may implication din no may impact yung ah kanyang ah demeanor sa kanyang pagtestigo [4:35] yes i think ah importante na makita ng ah mga ah senator judges yan at ng taong bayan at ah we have to commend both of [4:44] them naman no na highly technical to pinag-uusapan pero hindi naman sila nag-aaway all right and [4:50] attorney ah mamaya po pag-uusapan naman po natin yung ah kung ano po yung mga nilalaman ng kanyang ah [4:56] pagtestigo pati na yung ah credibility at ah yung mga questions on credibility and competence and the [5:02] process by which this was conducted so pag-uusapan po natin yan mga kapuso wag po kayong bibitiw magbabalik [5:08] agad ang the vice president on trial