{"id":142751,"date":"2012-02-10T02:05:33","date_gmt":"2012-02-09T18:05:33","guid":{"rendered":"https:\/\/newsinfo.inquirer.net\/?p=142751"},"modified":"2012-02-10T02:05:29","modified_gmt":"2012-02-09T18:05:29","slug":"corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec","status":"publish","type":"post","link":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec","title":{"rendered":"Corona has P12M in BPI checking account, bank exec says"},"content":{"rendered":"
\"\"<\/a>

Leonora Dizon, branch manager of BPI-Ayala Avenue<\/p><\/div>\n

Chief Justice Renato Corona maintained a multimillion-peso checking account with Bank of the Philippine Islands (BPI)-Ayala Avenue branch in Makati City, the manager of the branch said Thursday.<\/p>\n

The checking account, also an Express Teller checking account, had a balance of P12,024,067.70, as of Dec. 31, 2010, said Leonora Dizon, branch manager of BPI-Ayala Avenue.<\/p>\n

Dizon made this disclosure when she appeared before the Senate impeachment court, two days after she was subpoenaed by the Senate to disclose BPI bank records of the Chief Justice.<\/p>\n

Dizon\u2019s disclosure came a day after another bank official, Philippine Savings Bank (PSBank) president Pascual Garcia III, told senator-judges that Corona kept at least P24.6 million in peso accounts with PSBank between 2007 and 2010.<\/p>\n

Garcia produced the certifications for five peso accounts covering the ending balances for the four-year period.<\/p>\n

Under questioning by private prosecutor Arthur Lim, Dizon revealed the ending balances for Corona\u2019s Account No. 1445-8030-61, which was opened in 1989.<\/p>\n

P32-M bank deposits<\/strong><\/p>\n

However, Dizon only brought with her records covered by the subpoena, which was the ending balances for a five-year period: Dec. 31, 2005, P149,767.36; Dec. 31, 2006, P153,395.12; Dec. 31, 2007, P5,069,711.18; Dec. 31, 2008, P1,525,872.87; Dec. 31, 2009, P678,501.83; and Dec. 31, 2010, P12,024,067.70.<\/p>\n

Dizon confirmed that the checking account was \u201can active account.\u201d<\/p>\n

\u201cOur checking accounts come with an ATM (Automated Teller Machine) card. When you open a checking account, you are also issued an ATM card,\u201d Dizon told Lim.<\/p>\n

House lead prosecutor Niel Tupas Jr. said the Chief Justice declared only P3.5 million representing cash and\/or investments in his statement of assets, liabilities, and net worth (SALN) for 2010.<\/p>\n

\u201cSo far, we discovered bank deposits in the amount of P32 million for 2010,\u201d said Tupas in an interview at the end of the trial.<\/p>\n

Before presenting Dizon to the impeachment court, Lim manifested that her testimony would show that Corona \u201chas assets manifestly disproportionate to his income,\u201d and allegedly \u201ccommitted culpable violation of the Constitution \u2026 accountability of public officers, including betrayal of public trust.\u201d<\/p>\n

Other accounts<\/strong><\/p>\n

Dizon, however, begged off from disclosing the amount of the initial deposit. She said that based on the information indicated on the subpoena only the ending balances were required by the court.<\/p>\n

Dizon brought with her certified true copies of bank statements and signature cards pertaining to the checking\/ATM account.<\/p>\n

She could not say for sure, when asked by Senate President Pro Tempore Jose \u201cJinggoy\u201d Estrada, whether Corona had savings account or other accounts with BPI.<\/p>\n

\u201cI was only required to produce this particular account. I only concentrated on the account numbers stated in the subpoena,\u201d said Dizon.<\/p>\n

She said as much when Senate Minority Leader Alan Peter Cayetano inquired whether the checking account was \u201clinked to another account.\u201d<\/p>\n

\u201cNot necessarily. In BPI, not all checking accounts are (linked to other accounts).\u201d<\/p>\n

Dizon said that \u201cthere is no indication\u201d that other accounts existed.<\/p>\n

Cross-examining the witness, the lead defense counsel, Serafin Cuevas, was able to elicit from Dizon that the amounts she had mentioned did not account for a single deposit or withdrawal.<\/p>\n

\u201cI can\u2019t confirm this. But it could be possible,\u201d she said.<\/p>\n

9-month pregnant<\/strong><\/p>\n

\u201cIf ordered by the court to produce the statement of accounts, would you be able (to do so)? Except when you\u2019re already somewhere else,\u201d Cuevas said in jest, noting that Dizon is 9-month pregnant.<\/p>\n

\u201cWe will comply (with) whatever we will be required of the subpoena,\u201d she said.<\/p>\n

Before Dizon was discharged from the stand, the impeachment court debated on the propriety of issuing subpoena on other bank documents to be able to track down all the withdrawals and deposits made for the account.<\/p>\n

\u201cThe balance at the end of Dec. 31, 2010, is the result of those running balances from the time it was opened in 1989 until the year 2010. And it reflects the changes in those accounts over these years,\u201d Enrile said.<\/p>\n

Enrile then ordered Dizon to produce the documents requested by the defense counsel.<\/p>\n

Cuevas and Lim later agreed to view the documents at BPI\u2019s Ayala branch, which should take place next week.<\/p>\n

Joint inspection<\/strong><\/p>\n

On Thursday night, the defense indicated that it might waive the request to jointly inspect Corona\u2019s monthly statement of accounts at the BPI Bank branch on Ayala Avenue.<\/p>\n

\u201cWhile the whole court is debating among members the matter of inspection of statements of accounts, my cocounsel in the defense received a call from the Chief Justice that he has some of the documents with him. I would not know which will be material to us. If this is true, then in effect we will withdraw our motion,\u201d Cuevas told the impeachment court.<\/p>\n

He requested the prosecution to give the defense until Monday to arrange the joint inspection. With reports from TJ Burgonio and Maila Ager<\/em><\/strong><\/p>\n

Originally posted at 06:09 pm | Thursday, February 09,\u00a0 2012<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Chief Justice Renato Corona maintained a multimillion-peso checking account with Bank of the Philippine Islands (BPI)-Ayala Avenue branch in Makati City, the manager of the branch said Thursday.<\/p>\n","protected":false},"author":38,"featured_media":142981,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[481,41,36,37,530],"tags":[9237,91,52,25597,512,206124],"byline":[3691],"source":[206078],"column":[],"editor":[],"videographer":[],"position":[],"acf":[],"yoast_head":"\nCorona has P12M in BPI checking account, bank exec says | Inquirer 黑料社<\/title>\n<meta name=\"description\" content=\"Chief Justice Renato Corona maintained a multimillion-peso checking account with Bank of the Philippine Islands (BPI)-Ayala Avenue branch in Makati City, the manager of the branch said Thursday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi\u2014bank-exec\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Corona has P12M in BPI checking account, bank exec says | Inquirer 黑料社\" \/>\n<meta name=\"twitter:description\" content=\"Chief Justice Renato Corona maintained a multimillion-peso checking account with Bank of the Philippine Islands (BPI)-Ayala Avenue branch in Makati City, the manager of the branch said Thursday.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/newsinfo.inquirer.net\/files\/2012\/02\/Leonora-Dizon.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@inquirerdotnet\" \/>\n<meta name=\"twitter:site\" content=\"@inquirerdotnet\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Noy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Corona has P12M in BPI checking account, bank exec says | Inquirer 黑料社","description":"Chief Justice Renato Corona maintained a multimillion-peso checking account with Bank of the Philippine Islands (BPI)-Ayala Avenue branch in Makati City, the manager of the branch said Thursday.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi\u2014bank-exec","twitter_card":"summary_large_image","twitter_title":"Corona has P12M in BPI checking account, bank exec says | Inquirer 黑料社","twitter_description":"Chief Justice Renato Corona maintained a multimillion-peso checking account with Bank of the Philippine Islands (BPI)-Ayala Avenue branch in Makati City, the manager of the branch said Thursday.","twitter_image":"https:\/\/newsinfo.inquirer.net\/files\/2012\/02\/Leonora-Dizon.jpg","twitter_creator":"@inquirerdotnet","twitter_site":"@inquirerdotnet","twitter_misc":{"Written by":"Noy","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec#article","isPartOf":{"@id":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec"},"author":{"name":"Noy","@id":"https:\/\/newsinfo.inquirer.net\/#\/schema\/person\/6b883943530294c5cd24de3d7c9faf5a"},"headline":"Corona has P12M in BPI checking account, bank exec says","datePublished":"2012-02-09T18:05:33+00:00","dateModified":"2012-02-09T18:05:29+00:00","mainEntityOfPage":{"@id":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec"},"wordCount":820,"commentCount":0,"publisher":{"@id":"https:\/\/newsinfo.inquirer.net\/#organization"},"image":{"@id":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec#primaryimage"},"thumbnailUrl":"https:\/\/newsinfo.inquirer.net\/files\/2012\/02\/Leonora-Dizon.jpg","keywords":["BPI","Judiciary","Politics","Renato Corona","Senate","Supreme Court"],"articleSection":["Editors' Picks","Featured Gallery","Headlines","Nation","Photos & Videos"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec#respond"]}],"copyrightYear":"2012","copyrightHolder":{"@id":"https:\/\/www.inquirer.net\/#organization"}},{"@type":"WebPage","@id":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec","url":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec","name":"Corona has P12M in BPI checking account, bank exec says | Inquirer 黑料社","isPartOf":{"@id":"https:\/\/newsinfo.inquirer.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec#primaryimage"},"image":{"@id":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec#primaryimage"},"thumbnailUrl":"https:\/\/newsinfo.inquirer.net\/files\/2012\/02\/Leonora-Dizon.jpg","datePublished":"2012-02-09T18:05:33+00:00","dateModified":"2012-02-09T18:05:29+00:00","description":"Chief Justice Renato Corona maintained a multimillion-peso checking account with Bank of the Philippine Islands (BPI)-Ayala Avenue branch in Makati City, the manager of the branch said Thursday.","breadcrumb":{"@id":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec#primaryimage","url":"https:\/\/newsinfo.inquirer.net\/files\/2012\/02\/Leonora-Dizon.jpg","contentUrl":"https:\/\/newsinfo.inquirer.net\/files\/2012\/02\/Leonora-Dizon.jpg","width":"393","height":"512","caption":"Leonora Dizon, branch manager of BPI-Ayala Avenue"},{"@type":"BreadcrumbList","@id":"https:\/\/newsinfo.inquirer.net\/142751\/corona-has-over-p12m-in-deposits-at-bpi%e2%80%94bank-exec#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"黑料社","item":"https:\/\/newsinfo.inquirer.net\/"},{"@type":"ListItem","position":2,"name":"Headlines","item":"https:\/\/newsinfo.inquirer.net\/category\/inquirer-headlines"},{"@type":"ListItem","position":3,"name":"Nation","item":"https:\/\/newsinfo.inquirer.net\/category\/inquirer-headlines\/nation"},{"@type":"ListItem","position":4,"name":"Corona has P12M in BPI checking account, bank exec says"}]},{"@type":"WebSite","@id":"https:\/\/newsinfo.inquirer.net\/#website","url":"https:\/\/newsinfo.inquirer.net\/","name":"Inquirer 黑料社","description":"Latest Philippine 黑料社 for Filipinos","publisher":{"@id":"https:\/\/newsinfo.inquirer.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/newsinfo.inquirer.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/newsinfo.inquirer.net\/#organization","name":"黑料社","url":"https:\/\/newsinfo.inquirer.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/newsinfo.inquirer.net\/#\/schema\/logo\/image\/","url":"https:\/\/newsinfo.inquirer.net\/files\/2020\/02\/inqdefimg.jpg","contentUrl":"https:\/\/newsinfo.inquirer.net\/files\/2020\/02\/inqdefimg.jpg","width":1920,"height":1080,"caption":"黑料社"},"image":{"@id":"https:\/\/newsinfo.inquirer.net\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/inquirerdotnet\/","https:\/\/x.com\/inquirerdotnet","https:\/\/instagram.com\/inquirerdotnet","https:\/\/www.youtube.com\/c\/inquirerdotnet"]},{"@type":"Person","@id":"https:\/\/newsinfo.inquirer.net\/#\/schema\/person\/6b883943530294c5cd24de3d7c9faf5a","name":"Noy","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/newsinfo.inquirer.net\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/68c5b667ba1b4212d7c45a7ab7a6687a?s=96&d=identicon&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/68c5b667ba1b4212d7c45a7ab7a6687a?s=96&d=identicon&r=g","caption":"Noy"}}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/posts\/142751"}],"collection":[{"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/comments?post=142751"}],"version-history":[{"count":0,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/posts\/142751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/media\/142981"}],"wp:attachment":[{"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/media?parent=142751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/categories?post=142751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/tags?post=142751"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/byline?post=142751"},{"taxonomy":"source","embeddable":true,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/source?post=142751"},{"taxonomy":"column","embeddable":true,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/column?post=142751"},{"taxonomy":"editor","embeddable":true,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/editor?post=142751"},{"taxonomy":"videographer","embeddable":true,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/videographer?post=142751"},{"taxonomy":"position","embeddable":true,"href":"https:\/\/newsinfo.inquirer.net\/wp-json\/wp\/v2\/position?post=142751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}