Posts Tagged ‘ bank secrecy ’

Corona’s day in court: dignity versus bastusan

May 16, 2012
By
Renato-Corona

The whole country is awaiting the highly anticipated appearance of Supreme Court Chief Justice Renato Corona in his own impeachment trial. There is not a day that goes by that the prosecution does not fail to ask the defense team when they will call Corona to the witness stand. And so do some of...

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AMLC – the new Philippine Constabulary: Impeachment Senator-Judges beware!

May 15, 2012
By
eavesdropping

It’s the second day of Ombudsman Conchita Carpio-Morales’s “testimony” in the impeachment trial of Supreme Court Chief Justice Renato Corona. Bottom line still is the fact that no beginning cash balance to serve as a baseline to give meaning to the cash flows presented by Morales could be produced. Without a beginning balance, there...

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Ombudsman Morales testimony muddles rather than substantiates Prosecution claims of Corona dollar holdings

May 14, 2012
By
conchita_carpio-morales

And the comedy of errors that is the impeachment trial of Chief Justice Renato Corona continues as today’s session concludes. A long accounting made by Ombudsman Conchita Carpio-Morales of various funds movements between 82 bank accounts across several banks to the name of Chief Justice Renato Corona over a period beginning 2003 through 2011...

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Corona Impeachment: things the prosecutors wish the public would forget

May 2, 2012
By
renato_corona

The impeachment trial of Supreme Court Chief Justice Renato Corona is about to resume after a six-week break. Thanks to a few objective Senator Judges of the impeachment court who admonished the prosecution team for giving information that had not yet been introduced in court to the media, the prosecutors have been compelled to...

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Is Noynoy Aquino turning Malacañang into an organised crime syndicate?

February 21, 2012
By
money_laundering

New revelations emerging in yesterday’s court session in the on-going impeachment trial of Supreme Court Chief Justice Renato Corona shed further light into the true priorities of the governement of Philippine President Benigno “Noynoy” Aquino III. Senator-Judge Joker Arroyo in a speech before the court last Monday (the 20th February) encapsulated this disturbing character...

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US not happy with strict Ph bank secrecy laws

February 20, 2012
By
collapse1

Following the landmark decision coming from the Senate court trying the impeachment of Chief Justice Renato Corona to uphold a Supreme Court restraining order on the opening of Corona’s dollar accounts, much attention has now been directed to the Philippines’ “archaic” bank secrecy laws. According to also secret United States embassy cables revealed by...

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Debates on ‘rules of court’ continue to dominate Corona impeachment trial

February 16, 2012
By
annabelle_tiongson

Well it looks like much of the rest of the proceedings during the trial of impeached Chief Justice, Renato Corona will be spent on clarifying the rules of the court. However long it would take to finish the trial – it could be weeks or months – the presiding officer, Senator Juan Ponce Enrile...

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President Noynoy Aquino meddling in Corona impeachment trial

February 13, 2012
By
noynoy_aquino

President Noynoy Aquino (PNoy) released yet another disturbing statement when he voiced his disappointment over the Supreme Court’s decision to grant the Temporary Restraining Order (TRO) against the Senate impeachment court order compelling PSbank to release records on foreign currency accounts allegedly belonging to impeached Chief Justice Renato Corona. Considering PNoy insisted that he...

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So is Raissa Robles the ‘small lady’?

February 12, 2012
By
raissa_robles

As the circus that is the impeachment trial of Supreme Court Chief Justice Renato Corona drags on, there is much collateral damage being wrought upon the already fraying society of the Philippines. One is the spectre of a constitutional crisis now casting a pall over the nation’s hallowed institutions. The other is the undermining...

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Collateral Damage

February 10, 2012
By
Bank_Loan

Recently, an unexpected twist has occurred in the highly controversial impeachment trial of Chief Justice Renato Corona; the Senate has allowed the prosecution’s issuance of subpoenas on bank executives to testify in court regarding the respondent’s bank records. This surge of excessive liberality on the Senate’s behalf seemingly fuelled the dying momentum of the...

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