Saturday, January 21, 2012

… as it is! By Ed Montalvan

Corona’s Properties

There is an apparent difference in the Statement of Assets and Liabilities and Net Worth of CJ Corona and the records of the various Register of Deeds of the cities in Metro Manila. Although there is still nothing conclusive about these differences, it is apparent that these were deliberate and may lead to something conclusive.

After 1 week of the impeachment hearings there are already heavy information presented. Though they are not evidences yet it could lead to the conclusion that there were wrong doing that happened.

The SALN of CJ Coronashowed that he declared a property at La Vista in Quezon City at P3 million when it was bought for P16 million; the Bellagio penthouse in Taguig at P6.8 million acquired for P14.5 million; a unit in the Ridge, also in Taguig, at P2.3 million bought for P9 million; the Burgundy condo in Quezon city at P921,000 taken at P2.5 million; and the Columns condominium in Makati P1.2 million that was purchased for P3.5.

For me these are “smoking guns”, so to speak, and, depending on how the prosecution will handle these, it may lead to a conviction of the CJ.

I am following the proceedings closely and, up to this point, I would give the trial to the prosecution, but, the defense is doing its best to do its share and to belittle whatever gains the prosecution has attained. With all the experience of former Justice Cuevas and his being a Law Professor he tries his best to question every aspect of the hearing on technicalities.

The prosecution panel has even raised the matter to the presiding officer because Cuevas tends to lecture on everyone. Some of the members of the panel were his students and they have stood up against their former professor.

This makes the hearing very interesting and glues people to their TV sets.

What’s going to happen next?

Abangan!


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