Liabilities and Assets of Chief Justice Renato Corona will be the main legal battleground when his lawyers present evidence in his defense starting tomorrow, Monday.
To serve as your Quick Reference Guide during the course of the trial, I am posting here page one of every Statement of Assets and Liabilities he has submitted to the government since 2003.
Strictly, speaking, the documents Corona submitted cannot really be called his SALNs (Statements of Assets, Liabilities and Net Worth) since he never declared his Net Worth in them.
His Liabilities and Assets are contained only in ONE PAGE from 2003 to 2010.
To understand the issues raised concerning his Liabilities, please go to my story entitled – CJ Corona’s P11M ‘cash advance’
Here are his Liabilities and Assets below –
Renato Corona’s Liabilities & Assets for 2003:
Chief Justice Renato Corona's SALN for 2003, page 1
Renato Corona’s Liabilities & Assets for 2004:
Renato Corona’s Liabilities & Assets for 2005:
Renato Corona’s Liabilities & Assets for 2006:
Renato Corona’s Liabilities & Assets for 2007:
Renato Corona’s Liabilities & Assets for 2008:
Renato Corona’s Liabilities & Assets for 2009:
Renato Corona’s Liabilities & Assets for 2010:
rey reyes says
march 15 2012
MS RAISSA – I THINK IT IS INTERESTING TO KNOW REGARDING THE PROPERTY IN MARIKINA ALLEGEDLY SOLD TO 2ND COUSIN OF CORONA, MR. VICENTE.
WILL YOU PLEASE DIG DEEPER ABOUT THIS PROPERTY. IS THE PROPERTY IN MARIKINA OWNED BY THE BGEI ? THANKS
rey reyes says
march 15 2012
MS RAISSA – I THINK IT IS INTERESTING TO KNOW REGARDING THE PROPERTY IN PROPERTY ALLEGEDLY SOLD TO 2ND COUSIN OF CORONA, MR. VICENTE.
WILL YOU PLEASE DIG DEEPER ABOUT THIS PROPERTY. IS THE PROPERTY IN MARIKINA OWNED BY THE BGEI ? THANKS
kontrapilo says
Definitely Mr Vicente is just the caretaker, look what i have observed: She bought the property the two (2) LOT ,one owned by Mrs corona and the other with the sister of mrs corona. If that was true, how come he could not afford to have the title transferred to his name, he can afford to pay for the taxes but not for the transfer.
foul No.1; he said built a house on the lot, but the house was built at the end of the lot. Foul No.2; he said he sold his house in Baesa for 3.5 million peso, that was a big house considering the year 1990, and was paid in installment and stayed there until July of 1990 until he was fully paid off. But on the other hand he said he rented an apartment during the time his house was under construction, Foul No.3; the dead of sale as notarized in makati and can no longer remember the place and building in Makati, first he said it was only mrs corona was with him during the signing of the dead of sale, but when it was shown to him that Renato corona was present as shown in the dead of sale as witness, he then remember that it was so, Foul No.4; he also said he was able to buy the property thru a broker, and do not have contact with the corona, his middle name is coronado, same with renato C. corona, they were 2nd cousin, Foul No.5 ; WITH ALL THE 5 FOULS HE COMMITTED , mR VICENTE MUST NOW BE EJECTED FROM THE COURT. (IMPEACHMENT COURT) .If he is a professional , I may allow him to commit another FOUL. but I think he is just an ordinary amateur old dog, that can be hardly coached.Sorry Chief Justice, you must learn from the lesson, YOU CAN’T TEACH OLD DOG . defense, do you have any other witness,? Let him seat and take the oath… hehehehehe bye
Mafe says
latest: TJ ferried witness vicente in a gov’t owned car after the trial. Again, TJ shows his lack of shame. If he doesn’t want to resign, why should he not take a leave of absence and avoid using government property to serve private gains? SHAME!
http://www.ellentordesillas.com/2012/03/14/corona-brought-cousin-demetrio-vicente-home-in-sc-car-after-trial-court-testimony/#more-19012
Den says
Let us for a moment forget about whether P22 million in 10 years as income for Corona is appropriate or not. Let us grant that it is but fitting to compensate the justices of the Supreme Court with that amount, given the lofty positions they hold and that they are prohibited from engaging in any other business or profession during their tenure. Let us assume that this is normal, legal and just.
But let us not stray away from the hard questions that beg for answers:
1. How much of that income was declared in his SALN? After taxes and other expenses have been deducted, are his cash savings and other cash investments still consistent with this recorded income?
2. How much cash assets were declared by Corona when he joined the Supreme Court? If the progression of the cash assets of Corona are not consistent with the income on record, what are the other sources of the excess cash assets? Are these other sources allowed by law?
3. Can the income on record of Corona support the acquisition of the assets and properties that are now found to be in his possession? If not, how did he acquire these properties?
The impeachment process has so far shown that there are assets and properties that were not declared in his SALN, while those that were declared were grossly undervalued. Is there a deliberate attempt to make it appear that his assets and properties are consistent with his income on record? After all, he has declared that he knows his law and that he is not stupid to bungle on his SALN. So, if it is not a mistake, what is it?
With many other assets, properties and bank accounts still out of the public eye, we may never know the extent of the Corona couple’s unexplained wealth. The Supreme Court has dismissed, sent to jail and fined court and government employees for similar offenses involving infinitely lower amounts. Do we now hold accountable with lower standards of basic decency the Chief Justice, who is the symbol of equality and justice in our land – the Primus Inter Pares among the esteemed members of the highest court of law where probity and integrity and compliance to the highest standards of ethical conduct are expected?
Let the Corona camp be served notice: you can fool some of the people all the time, you can fool all the people some of the time, but you can never fool all the people all the time.
In the end, not only Corona will be judged in this impeachment case, but all those who take us for fools with their lies in defense of one who should not even be holding such a lofty position in the first place if he had an ounce of decency to say no to a midnight appointment of a discredited President
jumbo pascual says
THE BIGGEST HOAX AND COVERUP IN THE SALN IS THE LOAN
First, if the loan is indeed true, it is just so unethical and malicious. Gawain ba to ng mga mayayaman na may-ari ng big companies. If you are the son of Henry Sy or Cojuanco or Lopez, pwede mo bang sabihin sa company mo paki bigyan mo nga ang anak ko or asawa ko ng personal loan, wow ang sarap naman ng buhay mayaman talaga. Now we already know that Cristina Corona is hiding the company’s money from the other stockholders, yet she granted a loan to herself (through her husband). What a big and scandalous error in judgement, if indeed this loan is true.
By I suspect, the loan is just a concoction, no way they can prove this with all documentations and legalities that the transaction really occured. The money however was real since it gets included in the SALN. Look at the SALN, they received the PHP11 Million loan and used most of it to buy real properties with some remaining in the bank account. Then the started paying off the loan, but the money obviously came from somewhere else since the properties and cash from the loan were still included in the SALN. They paid off the PHP11 Million from another pocket and the original PHP11 Million which is now converted into real properties and some cash are still in the other pocket. The total value therefore of the cover-up of this loan fairy tale is PHP22 Million. It does not take a genius to realize this. Corona being knowledgeable about finance used this angle in his SALN to mask unexplained sources of income. He used the liability angle knowing that no one really looks at liabilities as far as SALN is concerned. Except that he did not anticipate a tidal wave coming his way and this is the impeachment case.
Sometimes your arrogance will really make you eat your words. Can you imagine this guy Corona writing extensive thesis about SALN and how it can be made a basis for tracing ill-gotten wealth and corruption. He even sent some people to jail because of erroeneous SALN. While he was writing and making judgements relative to SALN, he was filing his SALN maliciously with a concocted loan story which appeared in the SALN for so many years. The intention to deceive is clearly there. As per the defense witness Corona earned PHP21 in 10 years, thats an average of PHP2.1 Million per year. In 6 years they were able to pay-off a loan of PHP11 Million, from his salary of PHP12.6 Million for six years. Pano yan, hindi naba sila kumain, hindi na ba nag aral ang mga anak nya kasi wala na halos natira sa sweldo nya. This is the biggest problem when we try to associate numbers with stories. While telling or inventing stories is an art, numbers and math are exact science, most of the times the invented stories will not match with the factual numbers.
Again Mr. Corona, your arrogance is killing you softly. It would have been honorable and gracious for you to resign with you dignity intact, yet you opted to be dragged into this messy exercise thinking that you are just so bright and intelligent to be judged by a bunch of lowly senators. Kung ako ang anak mo, I will just have to slap you in the face, because it will be him or them who will suffer from the consequences of your arrogance.
arnold says
Now ex mayor Atienza had testified in impeachment court for the defense, the deal which result in the 34M have many loopholes. (alleged loan and bank deposit derived)
1) the board resolution was dated 1987
2) the transaction was made in 2001 between Manila city and BGEI
3) The signatory of 1987 resolution-believe to be death at that time2001- Cristina’s mother
4) BGEI is under litigation at that time between 1980s to 2002
5) Cristina has been sued by BGEI stockholders in 1985 posted in newspaper- does this not dissolve the board resolution of 1987
6)when BGEI got payment from Manila City in 2001, the money should be distributed to stockholders. then when Jose lost his libel case he will had money to pay the coronas,
therefore 2002 their shares can’t be auctioned for only p28,000 to corona’s daughter, therefore coronas do not own BGEI
raissa says
Cristina Corona’s suit was after ad placed by Jose Maria Basa III appeared in INquirer in 1995.
See my story –
http://raissarobles.com/2012/01/31/relative-warned-jbc-in-2001-corona-could-bring-disrepute-to-sc/
kontrapilo says
The truth the corona’s thought and even the lawyers headed by cuevas their plan of defense are very formidable and can no longer be defeated , they forgot the power of modern technology now the INTERNET, corona and the rest have been left behind in civilization, they thought they have mastered the art of lies.Look what’s happening, KAHIT SAAN PA maaabot ka ng bagong technology,, You can run , but you can’t hide,,, if i were the lawyers, GIVE -UP, NO WIN SOLUTION na po kayo, Atty Jimeno, sayang ganda u, at matalino, why waste your time and name to a case against all odds, baka akala u, publicity purposes, para maging sikat u ?
BP says
CJ Corona earned 22M in from 2002 to 2012.
Just some questions, Your Honor, on this earnings:
1. How much was deducted from compulsory statutory deductions, like premiums and taxes?
2. How much was allocated to pay off your alleged loan of 11M to BGEI?
3. How much was your estimated average annual expenditures for personal expenses?
4. Why do you receive RATA when the government provided you vehicle; you should have instead get only the RA without the TA?
5. Did you get allowance from PET for the whole ten years, or only when you become the Chief Justice in 2010?
6. And lastly, how much was that miscellaneous and extraordinary expenses? Did you get that kind of allowance for ten years, or only when you become Chief Justice in 2010? And by the way, what was that allowance for?
And with all the deductions, how much was left on your pocket for you to acquire multi-million condo properties?
We await your answers, Your Honor.
Mafe says
6 questions you asked there, 600 objections from cuevas plus 600 lectures from Miriam plus 600 admonitions from JPE. Nonetheless, I know that the well meaning senator-judges even the pro-corona’s have these questions in mind. Only the TJ could answer these questions. Napangawa na naman si cuevas. Pero pilit pa ring sinabi na hindi raw masabi kung magtestify si Tj or hindi. Lokohin niya lelong niyang panot.