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PS Bank execs ‘very evasive’ over Corona bank records

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MANILA, Philippines – The prosecution said that the witnesses from Philippine Savings Bank (PS Bank) have been “very, very evasive” in answering questions asked by the impeachment court.

“It is very clear that there is evasion,” Marikina Representative Romero Quimbo said in a press briefing Wednesday after the impeachment trial of Chief Justice Renato Corona.

PS Bank president Pascual Garcia and PS Bank Katipunan branch manager Annabelle Tiongson were grilled in Wednesday’s trial over the contents of the bank documents allegedly under the name of Corona to determine if these were faithful reproductions of the original.

Both Garcia and Tiongson previously said in their testimonies that the documents were fake because there were “differences.”

The documents that were used as basis to subpoena bank records and the bank officials were allegedly handed to Oriental Mindoro Representative Reynaldo Umali by a “small lady.”

Quimbo said the document was shown to Garcia and Tiongson to examine but both claimed the evidence to be “fake” only after the Supreme Court issued a temporary restraining order against the Senate’s subpoena of Corona’s foreign currency deposits.

“They had all the time in the world to examine it, and to say, at the very first day that [Garcia] was called here, ‘this document is fake, it is not real,’” Quimbo said.

“But did we hear them say that? Never did,” Quimbo said. “They brought out all the documents pertaining to the peso accounts, they brought out all the other matters pertaining to the ending balance, but never did they talk that the document was fake,” he added.

Quimbo said that there were “seeming inconsistencies” in the testimony of the witnesses.

The witnesses only said initially that there “seemed to be differences” but now “they feel strongly in saying that this is fake,” Quimbo said.

The best way to test the credibility of the witness was to have Garcia bring the original document so it could finally be determined if the witnesses were correct in saying that the document was falsified, Quimbo said.


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Tags: Chief Justice Renato Corona , Corona bank documents , Corona Impeachment , Impeachment court , impeachment trial , Prosecution , PS Bank

  • filipinaskoh

    yes that is the best solution is to compare the alleged fake document to the genuine document, from there you could guarantee if is fake. If the difference was liked the $700,000 was written in the genuine and from the photocopy it was written $700k, though same amount but very different in the way written/ presented there is really difference, but very immaterial.

    the problem is there was a TRO issued by the SC, that was respected by the senate. There is no way on proving it, if it is real or fake. Well unless the senate acted upon it through or by requesting the SC to respect the Impeachment court and lift the TRO

  • filipinaskoh

    I get the point of Sen Jinggoy, when he said the document is a faithful reproduction.
    Because there is a relation between(though very distant and difficult to prove) between Tupas and the PSbank manager.

    If all the accounts were not faked only the documents submitted then, the source could be the branch manager herself. The only way for her to save herself if worse comes to worst is to give a reproduction that are different from the original ( but with correct entry), in that  case the branch could have an alibi, it did not come from them, since the original document are not exactly or not an exact facsimile copy of the original. Because if these were fictitious they will never in anyway, not a single entry, agreed with the original  and the prosecution are not that idiot to just simply  accept document that were not verified. 
    Definitely the documents were verified and there is no really  ’small lady ‘. That is the reason nothing was caught in the CCTV camera.

  • http://pedestrianobserver.blogspot.com/ Political Jaywalker

    I feel sorry for the PS Bank execs finding themselves between the rock and a hard place. Their option is either to perjure themselves (hoping against hope that perjury is really treated lightly without any consequence but there is no guarantee it will be so) or tell the truth that the “fake documents” came from them which may land them in jail and lose money launderers errr client depositors who might see their bank compromising the code of omerta errr their right to bank secrecy, LOL.

  • Sonny Whirly

    Why don’t they invite an expert in document analysis and/or handwriting expert to testify the authenticity of the documents.  The analyst will use some device (maybe magnifying glass or microscope) to analyze whether the documents are identical and some markings were only done in the attached document in the supplemental request.  Definitely,  PS Bank executives could not positively identify if the documents are faked or not.  There were already markings done and they were just photocopies.

  • Sonny Whirly

    PS Bank Excutives will definitely say these documents did not come from them coz’ if they admit it,  then, there is violation of Bank Secrecy Law.  The branch manager could be held accountable coz’ she allowed such leakage.  

    Dapat naisip ng Prosecution na before they requested for the subpoena,  they could have verified it legally and ensured that the documents they will request for subpoena are within the law. 

  • Sonny Whirly

    Kung ako ang nasa Prosecution,  I could have asked my staff to get copies of the Checks  issued to pay for the properties and/or Official Receipts containing information on the checks.   Then,  from these documents,  request from Senate Impeachment court if they can request for subpoena of the bank statements pertaining to the bank checking account number. If granted, and if the bank executives come as witnesses,  they could have asked the witnesses if there are other accounts linked to the checking account.  From here,  they can establish a paper trail just like what happened in ERAP impeachment.  

    Masyado kasing nagmadali ang Prosecution.  Sige lang na sige.  Hindi nag-iisip.  Pinag-Aralan sana nila ng mabuti kung paano nila makukuha yung information without violating any law.



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