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Corona: $10M deposit part of Aquino ‘retaliation’

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MANILA, Philippines—Chief Justice Renato Corona on Monday said the recent report that he allegedly owned $10-million in bank accounts was part of the Aquino administration’s retaliation after the Supreme Court ordered the distribution of Hacienda Luisita.

Hacienda Luisita is owned by the family of former President Corazon Aquino , mother of incumbent President Benigno Aquino III.

“Obviously, (it’s) a clear retaliation for our decision on Hacienda Luisita,” Corona said in a text message sent to reporters.

“I do not own $10million. It simply does not exist. It’s part of the black propaganda and mind conditioning preparatory to the resumption of trial on May 7,” the Chief Justice said

“Why are they putting this out in the Inquirer and not in the impeachment court,” he added.

The Philippine Daily Inquirer, a member of the Inquirer Group of Companies reported Saturday that Ombudsman Conchita Carpio-Morales gave the Chief Justice 72 hours to explain allegations raised in several complaints that he allegedly owned $10million worth of bank accounts.

Morales’ order was in response on complaints filed separately by former Akbayan Party List Representative Risa Hontiveros, Akbayan Representative Walden Bello, and Emmanuel Tiu Santos.

The Chief Justice said the order of the Ombudsman is “no different from the phoney LRA (Land Registration Authority) list, phoney U.S. property list, phoney surveys… The Ombudsman has no jurisdiction over the Chief Justice.”

Last week, the high court affirmed with finality the distribution of the almost 5,000 hectare Hacienda Luisita pegging the price to the 1989 value of the land instead of HLI’s position that it should be pegged in the 2006 market value. Thus, Haciencda Luisita Inc. will be getting about P196-million instead of about P10 billion just compensation.

Corona’s lawyers pointed out that the bank accounts are already part of the impeachment proceedings

Defense Lawyer Tranquil Salvador said that with the ongoing impeachment proceedings, the Office of the Ombudsman has lost jurisdiction to handle the complaint.


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Tags: Aquino Administration , Banking , black propaganda , Chief Justice Renato Corona , Corona Impeachment , Corona impeachment trial , Hacienda Luisita , Ill-gotten wealth , impeachment trial , Office of the Ombudsman , Ombudsman Conchita Carpio Morales , Politics , Supreme Court

  • http://profile.yahoo.com/5IWAARHMCGR4EYINTPSATBTJDQ bert

    Here goes Corona again…” I do not own $10Million. It simply does not exist. Its part of the black propaganda and mind conditioning preparatory to the resumption of trial on May 7.”  If these were taken to be gospel truth then, the PSBank president MUST have lied under oath and is guilty of perjury if this is the case regarding CJ’s alleged dollar accounts at PSBank. Let us wait and see how CJ is going to rebutt these very statements above, ” IN DUE TIME. “

  • Concur_Dissent

    Two questions and answers:

    1.  When did the ombudsman require the ICJ to explain the $10M?

    answer: Memo was dated April 20 but claimed by the defense to have been received on April 23….

    2  When was the HLI ruling released?

    Answer: April 24, 2012

    Based on the above timeline, it appears that the supposed PNOY retaliation occured BEFORE the event that triggered such retaliation….go figure…    

    Then again, Corona also previously claimed that he purchased 2 condo units using funds from the sale of his two other properties…. again, in this claim…. the purchase of his condos occured BEFORE the sale of his properties….

    Even a kindergarten dropout could see through his lies…. tsk tsk tsk

    • Concur_Dissent

      Come to think of it, this looks more like the ICJ is retaliating against PNOY for having a hand in this supposed ombudsman attack by issuing the HLI ruling the day after receipt of the memo requiring him to explain his millions?  Looks like corona for the last time used the HLI reason to distract the people on his millions….



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