Corona posts bail for temporary liberty
MANILA, Philippines—Former Chief Justice Renato Corona on Wednesday posted bail before the Sandiganbayan for his temporary liberty.
Former chief justice Renato C. Corona. FILE PHOTO
The former chief justice, accompanied by his wife Cristina, posted P160,000 or P10,000 for each of the eight counts of perjury and eight counts of violation of Republic Act 6713 or the Code of Conduct and Ethical Standards for Public Officials and Employees before the anti-graft court’s third division.
The Ombudsman, in its resolution, stated that from 2001 to 2011, the spouses Corona earned a total income of P30,369,120.13, of which P27,145,472.68 was earned by Corona as an official at the Office of the President, a Justice of the Supreme Court, member of the Senate Electoral Tribunal (SET), and member of the House of Representatives Electoral Tribunal (HRET).
The Resolution stated that from 2002 to 2010, Corona’s actual cash deposits ballooned from P1,337,072.28 to P137,937,207.88, and by 2010 the cumulative discrepancy between his Statement of Assets, Liabilities and Net Worth (SALN) declaration and his actual cash deposits amounted to P134,437,207.88.
The Resolution noted that records from the Land Registration Authority (LRA) showed several properties owned by the Corona spouses in Quezon City, Makati City and Fort Bonifacio in Taguig City, which were established to be significantly undervalued by P17,297,145.00.
In sum, the Office of the Ombudsman determined that the Coronas’ unexplained wealth is at least P130,336,212.88.
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