Silver medalist? Sen. Chiz Escudero, biniro ang analyst witness na 10 oras tumetestigo — GMA News

[0:03] Attorney Cabrera, my question would either elicit felicitations for you or not, but it's not directed to you. [0:11] The question is to the presiding officer. Mr. Presiding officer, did Attorney Cabrera beat the record of Executive Director Benaventura? [0:26] Tinanong ko ko kayo kanina, Tito Sen, ako mahirap yung tanong sasagot niyo. Buti na lang tinanong ko a few minutes ago. [0:32] I will respond. Depsec, Deputy Clerk of Court Mavic just gave it to me. [0:40] Labindalawang oras po umupo dyan, si Attorney Ronel. Si Attorney Cabrera, kung matapos tayo ng alas 6, am sampot kalahating oras pa lang. [0:52] So, silver medalist lang to kung sakasakali. [0:54] Okay. So, you do not get my felicitations. But you receive my gratitude. Thank you very much for staying there, the witness. [1:03] And that's all. Thank you, kind sir. [1:08] Senator Judge Luxon is recognized. [1:10] Two very quick points, Mr. Presiding officer, just so we can rectify and spread into the records. [1:18] Na about the SAL-N, with all due respect to the presiding officer, tama po si Attorney Cabrera na pag real estate, acquisition, pati improvements kasama. [1:30] So, para lang maliwanag yung, this is a spare section 8A of RA 6713. [1:41] Pagka po personal properties, hindi kasama improvement. [1:45] Alimbawa, yung sports car ni Senator Lapid, nilagyan ng mag-wheels, hindi na po kila i-declare. [1:53] So, yun lang po. Pangalawa po, hindi ko alam kung fact check ang tawag dito kasi ChatGP ito yung aking reference. [2:01] Yung isang franchise, isang store ng Jollibee, in 2022, 35 to 55. Tama po yun. [2:11] Pero 2025, 45 million to 70 million. So, tama po kayo. Very conservative yung inyong ginamit ng mga figures. [2:21] Thank you, Mr. Presiding officer. [2:22] And to continue with this, Sal, while some forums include fair market value of the real property, it is not part of the computation of the net worth. [2:33] Only acquisition cost is factored in with respect to computing the net worth as per civil service regulations. [2:40] Just brief interjections from this representation before we call it a day. [2:44] Honorable Jokno, just to put everything in perspective, given that Attorney Cabrera is your last witness, [2:55] your Article 2 allegation in the complaint is, [2:59] Respondent VP Sarah Duterte committed culpable violation of the Constitution and betrayed public trust when she, [3:05] quote, [3:05] A. Amassed unexplained wealth manifestly disproportionate to her lawful income and earnings during her incumbency as a public official. [3:14] I presume this is for the period 2022 to 2025, correct? [3:18] Yes, Your Honor. [3:19] And that is why you presented bank officials, insurance officials, and the AMLC, I guess. [3:26] Yes, Your Honor. [3:27] B. Failed to fully and truthfully disclose all her and her spouse's assets, liabilities, net worth, [3:33] and her statement of assets and liabilities and net worth, including her salen for 2022, 2023, and 2024. [3:41] That is why, again, those witnesses were presented, including now, Attorney Cabrera. [3:47] Yes, Your Honor. [3:48] B. Failed to divest and instead willfully continued all her business interests during her tenure as VP for the years 22 to 2025. [3:57] That's why the SEC was presented, I guess. [4:02] As well as the salens, if Your Honor, please. [4:04] B. As well as the salens with the Office of the Ombudsman. [4:06] Yes, correct. [4:07] Thank you, Honorable Jokno. [4:11] No, still on you. [4:14] So, you alleged unexplained wealth, correct? [4:20] Yes, Your Honor. [4:21] Which is different from ill-gotten wealth. [4:24] Yes, Your Honor. [4:24] Mga kapuso, sa puto ito, magpapasalamat na po tayo kay Atty. Domingo Cayosa, [4:30] ang dating presidente ng Integrated Bar of the Philippines. [4:34] Thank you very much, Atty. [4:35] Thank you, Pia. [4:36] At mga kapuso, magpapatuloy po ang live streaming ng The Vice President on Trial sa Facebook page at YouTube channel ng GMA News. [4:43] Huwag po kayong bibiteo. [4:44] Ako po si Pia Arkanghel. [4:46] Maraming salamat po sa inyong pagditiwala. [5:21] Unexplained wealth po is the property, the value of the property acquired, which is manifestly disproportionate po to the income. [5:30] Yun po yung ginamit ko pong competition. [5:32] Now, you pierced the corporate veil. [5:34] Para sa simpleng salita, isinangtabi niyo yung pagkakaroon ng hiwalay na personalidad ng isang korporasyon sangayon sa batas [5:42] at tinignan niyo yung aktual na mga may-ari sa likod ng korporasyon na yon, yung mga stockholders mismo. [5:48] Tama po ba? [5:49] Tama po. [5:49] So, under existing law as a lawyer to innocent accountant, you can only do that for three reasons. [5:55] Number one, kapag ka ginamit po yung korporasyon para makaiwas sa mga bayarin o mga contractual na obligasyon, [6:03] ito po ba yun o hindi? [6:05] Hindi po. [6:06] Kasama kung yung contractual po, hindi po namin alam kung sino po yung pinagkakaroon. [6:11] Hindi nga po yun yung basiyan. [6:12] So, hindi po. [6:14] Ang pangalawa, fraud, illegality, or perpetration of a wrong. [6:17] The corporation is used to justify a wrong, protect fraud, commit, or conceal a crime, circumvent a statute, or work in justice against another. [6:26] Pwede na po magamit po yung pangalawa pong yan dahil po sa tax fraud po. [6:30] Pangatlo, alter ego, or instrumentality, the corporation is a mere farce, business conduit, adjunct, or instrumentality, with no genuinely separate mind, will, or existence in the transactions involved. [6:45] Yan po, possibility po yung pangatlo, pero yung pangalawa po yung ginamit po namin. [6:50] Pero ang nasa ilalim po ng pangalawa ay fraud. [6:52] Fraud po. [6:53] So, ang rason nyo kung bakit nyo isinantabi yung separate corporate personality ay fraud. [7:00] Tama po. [7:03] Nakita ko po yung ginawa na nyo sa GenCorp. [7:05] Unahin po natin yun. [7:06] Binanggit na rin ito kanina ng Senator Pia at Senator Camille. [7:09] Kung tama ang sinabi sa valuation base sa open source ni Senator Judge Lacson [7:14] na ang halaga ng Jollibee conservatively at 35 million, [7:18] nilagay nyo po sa page 10 ang inyong findings. [7:20] You can check your findings, sir. [7:24] Yung 35 million. [7:25] Tama po. [7:26] Nilagay nyo po, kada taon nag-contribute yung shareholder na si VP Sara [7:32] ng 35 million. Tama po ba? [7:33] Ay, hindi po. [7:34] Ano po? [7:35] Yung 35 million po doon, yung po yung continuously undeclared po [7:40] na attributed capital po namin. [7:44] Attributed na capital contribution nino? [7:47] Ni VP Sara po. [7:48] Yung 35 po, nauulit lang po yun dahil it continues to be undeclared po. [7:54] So, hindi ito, so minsan lang ito dahil kung limang Jollibee branches times 5 is 175. [8:00] Tama po. [8:00] Tama po. [8:01] So, dahil 20% divided by 5, 35. [8:04] Tama po. [8:04] So, hindi po ito na double booking. [8:07] Binanggit lang na kada taon ito yung halagang hindi na dedeklara. [8:11] Apo. [8:11] Pero hindi ito kinarga ng limang beses doon sa age 17. [8:15] Apo. [8:15] Tama po. [8:16] Tama po. [8:17] Ngayon, pagdating naman po sa Metro Chao, sinabi niyo po advance from shareholders. [8:23] Pareho din po ng Gencorp dahil wala namang po capital contribution na diretso yung mga shareholders sa authorized capital stock. [8:32] Ina-sume po natin, basis sa AFS, na nag-advance yung mga shareholders. [8:36] Tama po. [8:37] Yung sa AFS po, yung may advances lang po is kali 88 po. [8:40] Ah, kali 88 lang. [8:41] Apo.