Renato Corona Does Not Want His Bank Accounts Revealed in Public

By Perfecto T. Raymundo, Jr.

MANILA, Feb. 7 (PNA) – Supreme Court (SC) Chief Justice Renato Corona, through his defense counsels, on Tuesday asked the Senate Impeachment Court to quash the subpoena it issued on Monday for the production of his bank records from the Philippine Savings Bank (PSBank) and the Bank of the Philippine Islands (BPI), respectively.

The motion was filed through Corona’s defense counsels retired SC Associate Justice Serafin Cuevas, and lawyers Joel Bodegon and Ramon Esguerra.

In a seven-page motion to quash subpoena ad cautelam, Corona asked the Senate sitting as the Impeachment Court to quash the subpoena duces tecum ad testificandum dated Feb. 6, 2012 addressed to the manager of the BPI, Ayala Avenue Branch, and the manager, president or authorized representative of the PSBank.

The bank officials were ordered to produce and testify on Corona’s local currency bank accounts (for BPI) and foreign currency bank accounts (for PSBank) on Wednesday (Feb. 8).

Corona said that the subpoena issued by the Impeachment Court would allow complainants to support their allegations under paragraph 2.4 of the “verified” complaint, wherein he was “suspected and accused of having accumulated ill-gotten wealth, acquiring assets of high values and keeping bank accounts with huge deposits.”

He cited that the Impeachment Court’s resolution dated Jan. 27, 2012 prohibited any introduction of evidence pertaining to paragraph 2.4 of the “verified” complaint, including evidence to prove his supposed bank accounts with huge deposits, for being violative of his fundamental right to due process.

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