About this transcript: This is a full AI-generated transcript of Ibinato ang mahalagang tanong: Lorna, Chiz ginisa ang testigo sa SALN ni VP Sara — ABS-CBN News from ABS-CBN News, published November 11, 2026. The transcript contains 1,771 words with timestamps and was generated using Whisper AI.
"If anyone makes a misrepresentation, if a public officer makes a misrepresentation that he or she is a shareholder of GenCorp as internal counsel, isn't it your duty to bring it to the attention of the company for which you are in-house sole, sole lawyer? There is no external counsel. You're the..."
[0:01] If anyone makes a misrepresentation, if a public officer makes a misrepresentation that he or she is a shareholder of GenCorp as internal counsel,
[0:14] isn't it your duty to bring it to the attention of the company for which you are in-house sole, sole lawyer?
[0:23] There is no external counsel. You're the only lawyer. You did not bring it to the attention of the company.
[0:28] Your Honor, Aston answered, and it is also speculative, Your Honor.
[0:32] Shaking her head, Your Honor. She answered, but she said...
[0:35] Attorney Suzette, kindly answer... Yes, I've been seeing you either shaking your head or nodding.
[0:41] Kindly verbalize your answers, Attorney Suzette.
[0:45] Sorry, Your Honor. May we ask a ruling, Your Honor.
[0:47] Same objection, Your Honor.
[0:49] Move on, counsel. Move on, Attorney Lerner.
[0:51] Thank you, Your Honor.
[0:52] May I call your attention to the Code of Professional Responsibility and Accountability.
[1:17] You're a lawyer of 15 years.
[1:20] I assume you're familiar with this Code of Professional Responsibility and Accountability.
[1:27] And I call your attention, Madam Counsel, to Section 11 of the Code.
[1:34] You have no copy.
[1:35] I will read Section 11 of the Code of Professional Responsibility and Accountability to which all of us lawyers, in-house, external counsel, senators, congressmen, prosecution lawyers, adhere to.
[1:53] It says, in Section 11, false representations of statements and a duty to correct.
[2:01] If I may read here, a lawyer shall not make any false representations or statements.
[2:13] And a lawyer shall be liable for any material damage caused by such false representations or statements.
[2:23] Correct?
[2:25] Objection, Your Honor.
[2:26] Misleading.
[2:26] It's misrepresenting how the provision is to be applied.
[2:32] The witness already answered that it's not her obligation in respect to other entities.
[2:38] And it also assumes facts not yet established in evidence, Your Honor.
[2:42] Counsel, I think the question was just if she was aware of that CIPRA rule.
[2:48] We're not yet there.
[2:51] Attorney Suzette, are you familiar with that rule under CIPRA?
[2:55] I am ready to listen, Your Honor.
[2:59] I do not memorize the CIPRA.
[3:01] Any false representation made, if known to the lawyer, must be corrected.
[3:08] Especially if, in addition to that, it is complicated by the fact that the person who misrepresented is a lawyer herself.
[3:19] The vice president being a lawyer herself, misrepresenting in her sal-en that she, or representing in her sal-en that she is a shareholder of Gencor.
[3:38] What's the question, counsel?
[3:41] What is the objection?
[3:42] What is the question, counsel? Before the objection, what is your question, counsel?
[3:47] You laid the basis.
[3:48] It is the contention of your defense lawyer that Vice President Sara is not a shareholder,
[3:59] incorporator, is not a shareholder, is not a board member, is not a member of any committee,
[4:08] does not participate in management of Gencor because, and you affirm, her name is not in the general information sheet.
[4:19] You affirm that?
[4:21] Your Honor, before the witness answers, just a manifestation.
[4:25] For the record, we are not the lawyer of the witness, since earlier the counsel for prosecution stated that you're lawyer from the defense.
[4:34] We are not the lawyer of the witness, Your Honor.
[4:37] And second, Your Honor, for the record, and to enrich the records, it is not our contention,
[4:41] it was the answer of the witness through the questions that we propounded, Your Honor.
[4:48] Noted. It's not an objection to the question.
[4:51] Kindly answer the question, Attorney Suzette.
[4:53] I confirm that the Vice President is not a stockholder as indicated in the GIS.
[5:01] Yes.
[5:02] Okay. So you confirm, based on your personal knowledge and the records presented by counsel for the respondent,
[5:13] that she is not stated there as shareholder?
[5:17] Yes, ma'am.
[5:18] Okay. Why then, if you know, if she is not a stockholder, director, officer, ex-com, management, whatever committee of Gencor,
[5:33] why is there a statement in the sal-en of the Vice President of this company, Gencor,
[5:45] as being part of her declaration?
[5:49] I cannot answer for the Vice President, ma'am.
[5:55] You cannot answer for the Vice President.
[5:58] Yes.
[5:59] Thank you. So only the Vice President can explain why she listed herself as being a shareholder of Gencor.
[6:12] Is that what you're saying?
[6:14] She can answer, yes.
[6:15] She can answer. Thank you.
[6:17] But for now, I will ask you for now, though.
[6:22] Has Gencor, as in-house counsel of Gencor, would you know if Gencor, this being a very public case,
[6:34] and covered by national media, and covered by an impeachment court,
[6:38] would you know if Gencor has issued any public statement stating for the record and so that the public is not confused?
[6:49] Has Gencor made any public statement through you or through media denying that the Vice President
[7:00] has any interest, shareholding or otherwise, in Gencor?
[7:07] No.
[7:08] No such statement, Madam Witness?
[7:12] No such statement.
[7:17] Would you know why?
[7:19] No, ma'am.
[7:20] No also.
[7:21] Let us now go to, earlier in, on direct examination, many questions were asked about Gencor and the franchises.
[7:44] Yes, ma'am.
[7:45] Correct.
[7:45] And in connection with the direct examination, you mentioned in answer to the Defense Council
[7:54] that the Vice President has no interest or does not own any of the five franchises located in Davao.
[8:06] You confirm that?
[8:07] I confirm, ma'am.
[8:11] Okay.
[8:12] And these franchises, as you correctly clarified, are franchises not owned by any shareholder, but by the corporation?
[8:29] Yes, ma'am.
[8:30] Not a single shareholder of Gencor owns the franchise.
[8:38] Yes, ma'am.
[8:38] Correct.
[8:38] So, if it is Gencor that, through a series of transfers of corporations, if it is Gencor that ended up with five Jollibee franchises,
[8:54] it is then Gencor, the company, that owns the franchises.
[9:01] Yes, ma'am.
[9:02] Correct.
[9:02] And if it were true, since no denial has been made by Gencor, nor by the Vice President, admitted through silence,
[9:16] if it be true that Gencor owns the five franchises, and if we were to accept the theory of our forensic expert,
[9:33] that she, the Vice President, has made, has a 20% interest by analogy, and the reasoning is in the report.
[9:49] But if it be so, based on the reasoning made by the forensic expert of the prosecution, that even if she is not stated in the GIS,
[10:05] since she made an admission, or she made an admission, or she made a statement in the SAL-N, that she is a shareholder,
[10:14] then, by reasoning, if there are five franchises owned by the company, then the Vice President herself, through the company, owns the franchise.
[10:32] Correct?
[10:32] Your Honor, the question was quite long. May I just ask that it be repeated?
[10:37] So, I would know. I got lost in the middle. May I ask that it be repeated, Your Honor?
[10:46] Can we do so, Attorney Lorna?
[10:47] I will shorten the question.
[10:49] Yes, please.
[10:49] Gencor owns the five franchises, correct, Madam Witness?
[10:55] Yes, ma'am.
[10:56] And if Gencor owns the five Jollibee franchises, the shareholders own.
[11:07] The Gencor has shareholders, correct?
[11:10] Gencor has shareholders, yes.
[11:12] And if these five franchises earn money, the shareholders are entitled to the earnings or dividends from these franchises, correct?
[11:21] They would have an interest.
[11:25] The corporation is an artificial entity.
[11:31] The corporation is owned by shareholders.
[11:34] And in the franchise situation, the franchises are owned by the corporation, correct?
[11:42] So, if this is the question now, attorney, if the Vice President declared in her salen that she is a shareholder of Gencor, then therefore, she has a financial pecuniary interest in the franchises which are owned by the company of which she is a shareholder, correct?
[12:15] Objection, Your Honor?
[12:16] Objection, Your Honor.
[12:17] No basis, speculative and misleading.
[12:20] The witness has already previously answered that the Vice President has no interest and is not a stockholder and has no interest in these franchises, Your Honor.
[12:31] Your Honor, please, that is not...
[12:33] I think Council is not objecting to the question.
[12:36] I am objecting to the question, Your Honor.
[12:38] That is not the question, Your Honor.
[12:40] The question is, since the Vice President herself, by her own admission, stated in her salen that she is a shareholder of Gencor, then she is a shareholder of the company that owns the five franchises.
[12:56] It is just direct reasoning, logic, it's just logic.
[13:02] Do you see the logic of that question, attorney?
[13:05] Allow me, allow me, Councils, so that we can move forward.
[13:09] Attorney Suzette, nilagay po kasi ng ikalawang pangulo sa salen niya na stockholder siya ng Gencor.
[13:15] Kung ano man po ang basihan nun, kung ang basihan man nun, ay meron siyang interest, meron siyang loose investment, ika nga nang sinabi niyo, o meron siyang gustong ibalik o return of capital, nilagay po niya ron ang stockholder siya ng Gencorp.
[13:32] Hindi po niya in-specify na yung Jollibee lang sa Times Square.
[13:38] Bagaman nilagay niya sa kanyang salen na Gencorp formerly known as Times Square B.
[13:45] Pero Gencorp pa rin yung kumpanya ang sinabi at hindi nagbanggit ng branch.
[13:53] Kaya po bilang abogado, kung yun po ang nakita niyo, stockholder sa Gencorp,
[14:01] reasonable bang interpretasyon na kasama dun lahat ng pag-aari ng Gencorp?
[14:06] O pwede mo bang ilimita lamang sa isang branch tulad ng sinabi niyo?
[14:10] Kung ang makikita niyo lamang ay yung deklarasyon ng Vice President na stockholder siya ng Gencorp?
[14:16] Her unilateral declaration, Your Honor, will not make her a stockholder.
[14:27] That's her answer, counsel.
[14:29] What do you mean by unilateral?
[14:32] What concept is unilateral?
[14:34] Her own...
[14:35] Madam Witness.
[14:37] Her own...
[14:38] Her own declaration, you're saying?
[14:41] How would you characterize...
[14:42] May I finish my answer, Your Honor?
[14:44] No, no, no, no, no, no, no.
[14:46] How would you characterize a statement made by the Vice President in her salen?
[14:55] I would characterize it as an admission.
[14:59] And you are saying what?
[15:00] It is a unilateral declaration?
[15:03] Counsel, allow me.
[15:05] Before I recognize Senator Judge Luxon, unilateral vis-a-vis Gencorp.
[15:10] But not unilateral in relation to whatever admissions the Vice President may have made in her salen.
[15:18] Senator Judge Ping Luxon, please.
[15:21] What is your pleasure, sir?
[15:22] Thank you, Mr. President, sir.
[15:24] This is getting to be interesting but also confusing.
[15:27] From a layman to a lawyer, Attorney Susset, between an admission against interest, notarized,
[15:37] and official public documents like the GIS, which has more admissibility and probative weight.
[15:52] The SEC records, Your Honor.
[15:54] SEC records?
[15:55] Are you sure?
[16:00] For me, the SEC records, Your Honor.
[16:02] I will refer you to Section 27, Rule 130, Rules of Court.
[16:11] Are you familiar?
[16:14] I do not memorize the Rules of Court, Your Honor.
[16:17] Ang alam ko, mas may probative weight or admissibility weight yung admission against interest.
[16:24] Correct.
[16:25] Meron nga akong kakilala sa TV lang nag-admit, nakulong eh.
[16:31] Ito, notarized pa ito, itong salen.
[16:35] Maraming salamat, Mr. President, officer.