WEBVTT 00:04:24.780 --> 00:04:28.880 Atty. Renato N. Bantug Jr.: The Senate President, the Presiding Officer, and the Senator-Judges of the Impeachment Court. 00:05:36.510 --> 00:05:39.830 Sen. Sherwin T. Gatchalian: The Sergeant at Arms is directed to make a proclamation. 00:05:41.780 --> 00:05:44.140 Senate Sergeant-at-Arms: All persons are commanded to 00:05:44.140 --> 00:05:52.120 Senate Sergeant-at-Arms: keep silent under pain of penalty while the Impeachment Court is in session for the trial of Vice President Sara Zimmerman Duterte. 00:05:52.590 --> 00:06:01.420 Sen. Sherwin T. Gatchalian: The Impeachment Trial of Vice President Sara Zimmerman Duterte is hereby called to order. We shall be led in prayer by Senator Judge Raffy Tulfo. 00:06:17.060 --> 00:06:59.910 Sen. Raffy T. Tulfo: Almighty Father, as we begin another long day of trial, please send your most Holy Spirit upon each one of us to guide us in our proceedings. Use our eyes and ears to discover the truth, guide our minds to understand what is being discussed, and warm our hearts to have patience for each other and have compassion for the people for whom we perform our duties today. We especially pray for our witnesses who sacrificed their time and energy to help us achieve our roles here today. Finally, give us enough light moments throughout the day to remember that we are all humans and equal before your eyes. All these we pray in your mighty name. Amen. 00:07:01.220 --> 00:07:03.000 Sen. Sherwin T. Gatchalian: The Clerk of Court will now call the roll. 00:07:13.060 --> 00:07:47.750 Atty. Renato N. Bantug Jr.: Ehercitot, Estrada, Go, Ontiveros, Lacson, Lapid, Legarda, Marcoleta, Marcos, Padilla, Pangilinan, Sotto III, Tulfo Erwin, Tulfo Raffi, Villanueva, Villar Camil, Villar Marc, Senator Judge Zubiri, the Presiding Officer, Senator Judge Escudero, the Senate President, Senator Judge Cachalian. The 00:07:47.750 --> 00:08:01.470 Sen. Sherwin T. Gatchalian: 14th Senate Judge is present. The Chair declares the presence of a quorum. In accordance with the Rules of Procedure on Impeachment Trials, the Chair now recognizes the duly elected Presiding Officer to preside over the proceedings of the Impeachment Court. 00:08:02.430 --> 00:08:12.170 Sen. Francis "Chiz" G. Escudero: Thank you, Mr. Senate President. If there are no objections, we shall dispense with the reading of the October 5 and 6, 2026 Journals of the Senate. sitting as an impeachment court and considered the same as approved. 00:08:17.680 --> 00:08:23.240 Sen. Francis "Chiz" G. Escudero: The clerk of court will kindly call the case before this court. 00:08:23.440 --> 00:08:29.180 Atty. Renato N. Bantug Jr.: Case number 004-2026 in the matter of impeachment trial of Vice President Cyrus D. Ramon Duterte. 00:08:30.880 --> 00:08:31.880 Sen. Francis "Chiz" G. Escudero: Appearances of the parties. 00:08:33.840 --> 00:08:36.100 Atty. James Bryan Ibrahim A. Alih: Good morning, Your Honor. Same appearances for the prosecution. 00:08:36.540 --> 00:08:39.100 Sen. Francis "Chiz" G. Escudero: I presume it will still be Attorney James? 00:08:39.100 --> 00:08:41.020 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. 00:08:41.020 --> 00:08:41.540 Atty. David Ronell M. Golla VII: Good 00:08:41.540 --> 00:08:47.040 Atty. David Ronell M. Golla VII: morning. Good morning, your honor. I am David Ronell Golla. The same appearance for the respondent accused. 00:08:47.400 --> 00:08:48.940 Sen. Francis "Chiz" G. Escudero: Will it be attorney CJ? 00:08:49.800 --> 00:08:54.340 Atty. David Ronell M. Golla VII: No, your honor. At this point, we will be turning over to attorney Roberto Batungbacal, your honor. 00:08:55.700 --> 00:08:56.540 Sen. Francis "Chiz" G. Escudero: What's his nickname? 00:08:57.380 --> 00:08:58.760 Atty. David Ronell M. Golla VII: Attorney Robby, your honor. 00:08:58.920 --> 00:08:59.140 Sen. Francis "Chiz" G. Escudero: Rob. 00:09:02.150 --> 00:09:03.850 Sen. Francis "Chiz" G. Escudero: Attorney Rob, you are recognized. 00:09:04.410 --> 00:09:04.850 Atty. Roberto N. Batungbacal: Good 00:09:04.850 --> 00:09:05.450 Atty. Roberto N. Batungbacal: morning, your honor. 00:09:05.830 --> 00:09:11.690 Sen. Francis "Chiz" G. Escudero: Good morning. Call your witness. Is it Arcy James Gonzales, attorney James? 00:09:12.010 --> 00:09:26.400 Atty. James Bryan Ibrahim A. Alih: Good morning again, your honor. Yes, Your Honor, we are calling to the witness stand, Ms. Arcy James Gonzales, the branch manager of Asian United Bank Davao Toril Branch. 00:09:26.800 --> 00:09:33.540 Sen. Francis "Chiz" G. Escudero: Kindly situate Ms. Arcee James, no, rather, Arcy James Gonzales. Mr. Arcee James, 00:09:33.660 --> 00:09:33.900 Atty. James Bryan Ibrahim A. Alih: Your Honor. 00:09:34.800 --> 00:09:38.930 Sen. Francis "Chiz" G. Escudero: Mr. Arcee. Sorry, yung kilala kong Arcee kasi babae. 00:09:40.870 --> 00:09:42.310 Sen. Francis "Chiz" G. Escudero: Pero may James nga naman. 00:09:45.980 --> 00:09:48.080 Sen. Francis "Chiz" G. Escudero: Is he the only witness in the gallery? 00:09:49.930 --> 00:09:52.010 Atty. James Bryan Ibrahim A. Alih: Yes, your honor. It appears to be that way. 00:09:52.110 --> 00:10:08.920 Sen. Francis "Chiz" G. Escudero: Yes. Kindly exclude the other witnesses. However, the sergeant at arms is directed to facilitate the succeeding witnesses that will be called before the witness stand in seriatim. I think you already have a copy, General Corpus. 00:10:10.850 --> 00:10:12.910 Sen. Francis "Chiz" G. Escudero: Clerk of Court is directed to administer the oath. 00:10:13.780 --> 00:10:27.970 Atty. Renato N. Bantug Jr.: Please raise your right hand, sir. You, Arcy James Gonzales, do swear that the evidence shall give in the case now pending between the Philippines and Vice President Cyrus Guillermo Duterte shall be the truth, the whole truth and nothing but the truth. So help you God. 00:10:29.190 --> 00:10:29.830 Arcy James Gonzales: Yes, Your Honor. 00:10:30.490 --> 00:10:31.150 Atty. Renato N. Bantug Jr.: Kindly sit down. 00:10:32.350 --> 00:10:34.490 Sen. Francis "Chiz" G. Escudero: What's your nickname, sir? 00:10:34.490 --> 00:10:35.430 Arcy James Gonzales: RC na lang po. 00:10:35.430 --> 00:10:35.750 Sen. Francis "Chiz" G. Escudero: RC. 00:10:37.230 --> 00:10:42.650 Sen. Francis "Chiz" G. Escudero: Naunawaan mo ba, RC, yung inyong pinanumpaan kaugnay sa pagbibigay niyo ng testimonya ngayong umagang ito? 00:10:42.650 --> 00:10:43.270 Arcy James Gonzales: Yes, Your Honor. 00:10:45.370 --> 00:10:50.030 Sen. Francis "Chiz" G. Escudero: Your offer, Atty. James, would be the same as your offer yesterday without any additionals? 00:10:50.090 --> 00:10:51.070 Atty. James Bryan Ibrahim A. Alih: We confirm that, Your Honor. 00:10:51.730 --> 00:10:52.430 Sen. Francis "Chiz" G. Escudero: Atty. Rob? 00:10:53.860 --> 00:10:58.340 Atty. Roberto N. Batungbacal: Your Honor, we also adopt the comments yesterday, Your Honor. 00:10:58.620 --> 00:11:02.140 Sen. Francis "Chiz" G. Escudero: Since it's the same, anyway. Your witness, Atty. James? 00:11:02.140 --> 00:11:03.000 Atty. James Bryan Ibrahim A. Alih: Thank you, Your Honor. 00:11:03.100 --> 00:11:04.140 Atty. Roberto N. Batungbacal: Your Honor, apologies. 00:11:04.140 --> 00:11:05.000 Sen. Francis "Chiz" G. Escudero: Yes, Atty. Rob? 00:11:05.000 --> 00:11:11.300 Atty. Roberto N. Batungbacal: Just a quick request. May we request for expediency and... 00:11:12.890 --> 00:11:24.670 Atty. Roberto N. Batungbacal: For better administration that the documents that the witness would be identifying would be with him throughout the testimony. Just in case we need to confront the witness, it would be easier. 00:11:25.010 --> 00:11:42.430 Sen. Francis "Chiz" G. Escudero: Assisting counsels are so directed to approach the witness and continuing authority is so given. And the counsel for the panel for prosecutors is directed through his assisting counsel to kindly prepare the documents already for the perusal of the witness and with the other witnesses you will be presenting today. 00:11:43.190 --> 00:11:48.450 Atty. James Bryan Ibrahim A. Alih: We confirm that, Your Honor, and for the record, I will be assisted today by Attorney Patrice Sitchon, Your Honor. 00:11:49.030 --> 00:11:55.130 Sen. Francis "Chiz" G. Escudero: Yes, and continuing authority is given, as I said, to counsels for both parties. You may proceed, sir, with your direct examination. 00:11:55.590 --> 00:12:21.430 Atty. James Bryan Ibrahim A. Alih: Thank you, Your Honors. Good morning again, Your Honors. Again, I would beg your forbearance as we will be working our way up starting with AUB this morning. Mr. Witness, good morning, sir RSC. Would you, for the record, Mr. RC, would you mind telling the Honorable Court your full name, designation, and the branch or bank that you are representing today? 00:12:22.350 --> 00:12:27.770 Arcy James Gonzales: Good morning, everyone. I am Arcy James Gonzales, branch manager of AUB Davao Toril branch. 00:12:28.550 --> 00:12:36.250 Atty. James Bryan Ibrahim A. Alih: And as branch manager of Davao Toril, just briefly, what are your primary functions and responsibilities? 00:12:37.270 --> 00:12:40.950 Arcy James Gonzales: Yung primary functions ko po is oversight over 00:12:42.570 --> 00:12:44.910 Arcy James Gonzales: Oversight ng transaction records. 00:12:46.750 --> 00:12:52.010 Arcy James Gonzales: Parang part ako, owner of the business. I'm running the branch. 00:12:53.860 --> 00:12:56.360 Atty. James Bryan Ibrahim A. Alih: oversight and running the... 00:12:56.360 --> 00:12:58.650 Arcy James Gonzales: I mean oversight ng mga 00:12:58.650 --> 00:13:00.830 Arcy James Gonzales: records and documents, transactions, parang ganoon. 00:13:06.490 --> 00:13:07.710 Arcy James Gonzales: Since 2024 pa. 00:13:08.030 --> 00:13:08.790 Atty. James Bryan Ibrahim A. Alih: Early 00:13:08.790 --> 00:13:10.530 Arcy James Gonzales: 2023 to 2024. 00:13:11.070 --> 00:13:30.000 Atty. James Bryan Ibrahim A. Alih: Alright, that's two years. Based on your records, Mr. Witness, how many accounts does the Vice President and or his husband, Atty. Carpio, have in your branch? 00:13:32.630 --> 00:13:33.470 Arcy James Gonzales: Apat po. 00:13:35.470 --> 00:13:36.610 Atty. James Bryan Ibrahim A. Alih: Can you please provide? 00:13:36.610 --> 00:13:40.190 Arcy James Gonzales: Dalawa po yung active. 00:13:40.190 --> 00:13:40.630 Atty. James Bryan Ibrahim A. Alih: Okay. 00:13:41.410 --> 00:13:53.370 Atty. James Bryan Ibrahim A. Alih: Dalawa na lang po yung active. Are you in the position to confirm na yung active na account ay may last digits 4387 at 0301? 00:13:53.370 --> 00:13:54.670 Arcy James Gonzales: Pwede ko pong tignan yung notes. 00:13:54.670 --> 00:13:55.990 Atty. James Bryan Ibrahim A. Alih: Please, Your Honor, with your permission. 00:13:56.590 --> 00:13:59.290 Sen. Francis "Chiz" G. Escudero: You may do so, Mr. Arcee. 00:13:59.290 --> 00:13:59.850 Atty. James Bryan Ibrahim A. Alih: Yeah, thank you. 00:14:03.880 --> 00:14:06.140 Arcy James Gonzales: 4387, and 301. That's correct po. 00:14:06.140 --> 00:14:06.720 Atty. James Bryan Ibrahim A. Alih: Yes. And 00:14:06.720 --> 00:14:08.800 Atty. James Bryan Ibrahim A. Alih: under whose name are these accounts? 00:14:11.350 --> 00:14:20.830 Arcy James Gonzales: Some accounts po is under Mance Carpio. Yung isang account po is meron po siyang kasama. 00:14:20.830 --> 00:14:21.310 Atty. James Bryan Ibrahim A. Alih: All 00:14:21.310 --> 00:14:46.690 Atty. James Bryan Ibrahim A. Alih: right. So let's focus on these two accounts. I want to ask the year-end balance of these accounts, Mr. Whitmas, and allow me to go year by year on this matter. Sige po. Let's start with the account number ending 387. For 2022, based on your records, how much is the ending balance of this account? 00:14:47.090 --> 00:14:51.010 Arcy James Gonzales: As of December po, it's 314,059.1. 00:14:51.310 --> 00:14:55.090 Atty. James Bryan Ibrahim A. Alih: 2022, Your Honor. We're starting with 2022. 00:14:55.090 --> 00:14:55.650 Arcy James Gonzales: Okay. 00:14:55.690 --> 00:14:55.930 Arcy James Gonzales: Again, 00:14:56.030 --> 00:14:56.490 Atty. James Bryan Ibrahim A. Alih: Mr. Witas. 00:14:56.590 --> 00:14:59.450 Arcy James Gonzales: Thank you. 314,059.17. 00:14:59.790 --> 00:15:09.500 Atty. James Bryan Ibrahim A. Alih: Alright. How about for the account ending 301? What is the ending balance for the year 2022? 00:15:10.220 --> 00:15:13.680 Arcy James Gonzales: It's 1,682,094.21. 00:15:14.040 --> 00:15:23.870 Atty. James Bryan Ibrahim A. Alih: Alright. What was that again? 1682. 1682. Okay. Now let's go to the year 2023. 00:15:25.750 --> 00:15:34.300 Atty. James Bryan Ibrahim A. Alih: What is the ending balance of The account ending 387 of Atty. Carpio for 2023? 00:15:35.960 --> 00:15:40.920 Arcy James Gonzales: It's 470869.30. 00:15:40.920 --> 00:15:42.720 Atty. James Bryan Ibrahim A. Alih: Alright. How 00:15:42.720 --> 00:15:48.320 Atty. James Bryan Ibrahim A. Alih: about for the account ending 301? What is the ending balance? 00:15:51.790 --> 00:15:55.490 Arcy James Gonzales: It's 1774663.58. 00:15:58.270 --> 00:16:10.640 Atty. James Bryan Ibrahim A. Alih: 1774663.58. Thank you, Mr. Witness. Now for 2024, what is the ending balance of the account ending in 387 of Atty. Carpio? 00:16:12.300 --> 00:16:13.000 Arcy James Gonzales: It's 00:16:13.830 --> 00:16:16.810 Arcy James Gonzales: 456,352.28. 00:16:17.050 --> 00:16:28.350 Atty. James Bryan Ibrahim A. Alih: Alright. How about for the account ending in 301 for 2024? What is the ending balance? 00:16:28.850 --> 00:16:32.630 Arcy James Gonzales: It's 867,291.90. 00:16:32.630 --> 00:16:33.110 Atty. James Bryan Ibrahim A. Alih: Alright. 00:16:33.430 --> 00:16:35.310 Atty. James Bryan Ibrahim A. Alih: I'm almost done, Mr. Witness. 00:16:35.310 --> 00:16:35.850 Arcy James Gonzales: No problem. 00:16:35.850 --> 00:16:42.830 Atty. James Bryan Ibrahim A. Alih: For 2025, what is the ending balance of the account number ending in 387? 00:16:43.370 --> 00:16:47.010 Arcy James Gonzales: For 2025 po, zero na po. 00:16:48.610 --> 00:16:50.950 Atty. James Bryan Ibrahim A. Alih: Alright, zero na for 387. 00:16:50.950 --> 00:16:53.450 Arcy James Gonzales: Oo, kasi nag-close na po siya. 00:16:53.450 --> 00:16:54.850 Arcy James Gonzales: Na-close na siya in 2025. 00:16:54.850 --> 00:17:03.360 Atty. James Bryan Ibrahim A. Alih: That's fine. Okay. So sa yung isang account naman po na ending 301, ano na po yung ending balance niya for? 20-25. 00:17:03.640 --> 00:17:06.800 Arcy James Gonzales: It's 871,998.77. 00:17:07.280 --> 00:17:13.000 Atty. James Bryan Ibrahim A. Alih: Alright. So for all those years, again, 371? Tama po ba? 00:17:13.660 --> 00:17:14.280 Arcy James Gonzales: 871 po. 00:17:14.380 --> 00:17:14.840 Atty. James Bryan Ibrahim A. Alih: 871. 00:17:16.620 --> 00:17:26.540 Atty. James Bryan Ibrahim A. Alih: 998.77. Alright. I think that would be all my questions for you today, Mr. Witness. That would be all for this witness, Your Honor. 00:17:26.740 --> 00:17:28.440 Sen. Francis "Chiz" G. Escudero: Cross, Attorney Rob? 00:17:28.440 --> 00:17:29.240 Atty. Roberto N. Batungbacal: Yes, Your Honor. 00:17:31.620 --> 00:17:33.720 Atty. Roberto N. Batungbacal: Mr. Gonzales, good morning. 00:17:33.720 --> 00:17:34.340 Arcy James Gonzales: Good morning. 00:17:35.890 --> 00:17:50.420 Atty. Roberto N. Batungbacal: Mr. Gonzales, you mentioned these two AUB bank accounts, correct? And these are under the names, both accounts are under the names of Manases R. Carpio, is that correct? 00:17:51.580 --> 00:17:54.460 Arcy James Gonzales: Both accounts have the names of Manases Carpio, po. 00:17:54.700 --> 00:18:02.790 Atty. Roberto N. Batungbacal: Yes. And you confirmed that Sara Z. Duterte is not a holder of any of these accounts that you mentioned, correct? 00:18:04.050 --> 00:18:04.930 Arcy James Gonzales: That's correct, po. 00:18:05.480 --> 00:18:06.420 Atty. Roberto N. Batungbacal: Thank you, Mr. Witness. 00:18:11.580 --> 00:18:18.250 Atty. Roberto N. Batungbacal: Mr. Gonzales, you also talked about the balances of these accounts. 00:18:20.800 --> 00:18:21.580 Arcy James Gonzales: Yes, sir. 00:18:21.700 --> 00:18:30.120 Atty. Roberto N. Batungbacal: You confirmed that these numbers represent transactions done using these accounts, correct? 00:18:30.580 --> 00:18:31.420 Arcy James Gonzales: That's correct, Pa. 00:18:31.480 --> 00:18:42.430 Atty. Roberto N. Batungbacal: Yes. But you confirmed that your knowledge of these transactions and these amounts is only based on the Documents that you have on your records, correct? 00:18:43.600 --> 00:18:44.280 Arcy James Gonzales: That's correct. 00:18:44.500 --> 00:18:48.240 Atty. Roberto N. Batungbacal: You do not know why the transactions were made, correct? 00:18:49.300 --> 00:18:49.820 Arcy James Gonzales: That's correct. 00:18:50.040 --> 00:18:54.420 Atty. Roberto N. Batungbacal: You do not know the underlying contract or agreement for these transactions, correct? 00:18:55.610 --> 00:18:56.310 Arcy James Gonzales: Yes po. 00:18:56.390 --> 00:19:01.020 Atty. Roberto N. Batungbacal: In fact, these transactions were allowed by the bank, correct? 00:19:01.580 --> 00:19:02.320 Arcy James Gonzales: Yes, po. 00:19:02.340 --> 00:19:06.720 Atty. Roberto N. Batungbacal: Because at the time the transactions were made, the bank did not see anything wrong with them, correct? 00:19:07.870 --> 00:19:08.570 Arcy James Gonzales: Yes po. 00:19:10.290 --> 00:19:12.130 Atty. Roberto N. Batungbacal: No further questions, Your Honor. 00:19:13.670 --> 00:19:18.150 Sen. Francis "Chiz" G. Escudero: Mr. RC, malaming salamat po. Senator Judge Sotto is recognized. 00:19:21.230 --> 00:19:37.970 Sen. Vicente C. Sotto III: Just for my clarification, Mr. Presiding Officer, Mr. Senate President, sabi niya kanina yung isang account kay Tony Carpio and then the other account is Tony Carpio also and another person. Yan na sinabi, narinig ko eh. Sino yung other person? 00:19:39.820 --> 00:19:41.820 Sen. Vicente C. Sotto III: You said earlier, and another. 00:19:42.960 --> 00:19:44.440 Sen. Francis "Chiz" G. Escudero: I think he mentioned attorney. 00:19:46.400 --> 00:19:47.480 Atty. James Bryan Ibrahim A. Alih: Your Honor, if I may. 00:19:48.560 --> 00:19:50.840 Sen. Francis "Chiz" G. Escudero: Kindly answer, Attorney James. 00:19:51.100 --> 00:20:02.840 Atty. James Bryan Ibrahim A. Alih: I think, Your Honor, though, I'm just surmising, Your Honor, I think the witness is worried to give the answer because it might include the name of the children, Your Honor. Is that correct, Mr. Witness? 00:20:04.890 --> 00:20:08.310 Arcy James Gonzales: Yung names na po yung hindi po sila sakop sa pila. 00:20:08.310 --> 00:20:11.950 Atty. James Bryan Ibrahim A. Alih: Ah, okay. So, that was the answer. So, it's 00:20:11.950 --> 00:20:15.240 Atty. James Bryan Ibrahim A. Alih: another name. and not vice president. 00:20:15.240 --> 00:20:17.350 Sen. Vicente C. Sotto III: Pero may iba. 00:20:17.350 --> 00:20:17.930 Atty. James Bryan Ibrahim A. Alih: Yes, Pa. 00:20:17.930 --> 00:20:24.090 Sen. Vicente C. Sotto III: And you're not authorized to or you're not supposed to tell us. Sino 00:20:24.090 --> 00:20:24.390 Sen. Vicente C. Sotto III: yun? 00:20:24.390 --> 00:20:24.950 Arcy James Gonzales: Yes, Pa. 00:20:25.130 --> 00:20:30.210 Sen. Vicente C. Sotto III: Thank you. I just wanted to clarify. Parang may iba eh. 00:20:31.080 --> 00:20:41.320 Sen. Francis "Chiz" G. Escudero: Thank you. Mr. Arcee, maraming salamat po sa inyong panahon sa pagsagot sa mga katanungan at sa inyong pasensya at pagpahintulot na dumalo sa pagdinig ng hukumang ito. Your excuse, sir. 00:20:41.320 --> 00:20:41.960 Arcy James Gonzales: Thank you. 00:20:41.960 --> 00:20:51.480 Sen. Francis "Chiz" G. Escudero: Thank you very much, sir. Kindly call your next witness, the Clerk of Court through the Osayas, directed to bring Edeli D. Umayam to the witness stand. 00:20:57.320 --> 00:21:14.640 Atty. James Bryan Ibrahim A. Alih: Your Honor, may I just manifest your honor? Given the ruling of the presiding officer yesterday, the prosecution would be dispensing with the two witnesses because I understand, Your Honor, that some of the accounts contained in these branches are already closed. 00:21:14.640 --> 00:21:16.220 Sen. Francis "Chiz" G. Escudero: Which one would that be? 00:21:16.220 --> 00:21:23.220 Atty. James Bryan Ibrahim A. Alih: I think for both, Your Honor, the accounts under Davao Tagum Branch and Ortigas Green Hills Branch. 00:21:23.220 --> 00:21:25.160 Sen. Francis "Chiz" G. Escudero: Ah, so these two witnesses can be dispensed with? 00:21:25.160 --> 00:21:35.060 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. Given that we will not be asking them questions, they were only to be presented for authentication, but given your ruling, we are happy to dispense them and excuse 00:21:35.060 --> 00:21:35.280 Atty. James Bryan Ibrahim A. Alih: them. 00:21:35.360 --> 00:21:35.380 Sen. Francis "Chiz" G. Escudero: So, 00:21:35.380 --> 00:21:38.980 Sen. Francis "Chiz" G. Escudero: Edeli D. Umayam and Jerilee Mae Sanidad are dispensed with? 00:21:39.200 --> 00:21:39.660 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. 00:21:40.380 --> 00:21:42.140 Sen. Francis "Chiz" G. Escudero: Atty. Robby, any comment? 00:21:42.600 --> 00:21:47.510 Atty. Roberto N. Batungbacal: Your Honor, in that case, I am turning over to Atty. Lindon Miguel Bacquel. 00:21:50.160 --> 00:21:54.800 Sen. Francis "Chiz" G. Escudero: Atty. Lindon, again. We see each other again, Atty. Lindon. 00:21:57.510 --> 00:21:58.770 Atty. Lindon Miguel C. Bacquel: Good morning, Your Honor. 00:21:58.770 --> 00:22:02.730 Sen. Francis "Chiz" G. Escudero: Good morning. Ma'am Edeli, yung po ba nickname ninyo? 00:22:03.070 --> 00:22:04.130 Edeli Umayam: Yes, Your Honor. 00:22:05.310 --> 00:22:14.090 Sen. Francis "Chiz" G. Escudero: You are excused. Hindi na po magpapatuloy niyong pagtestigo. Paumanhin ko na abala kayo. Nagpunta pa kayo dito kahapon at ngayong araw. 00:22:14.390 --> 00:22:14.830 Sen. Francis "Chiz" G. Escudero: Pero 00:22:14.830 --> 00:22:18.630 Sen. Francis "Chiz" G. Escudero: tingin ko mas maganda na yun kesa naupo kayo dyan. Hindi po ba? 00:22:18.940 --> 00:22:19.820 Edeli Umayam: Yes, Your Honor. 00:22:19.960 --> 00:22:37.260 Sen. Francis "Chiz" G. Escudero: Sorry, Your Excellency, ma'am. Salamat po sa inyong panahon at sa pasensya na po sa abala. The Clerk of Court is also directed to kindly inform Ms. Jerilee Mae Sanidad that she will no longer be testifying and that she is excused from these proceedings. 00:22:38.500 --> 00:22:41.660 Sen. Francis "Chiz" G. Escudero: Your next witness, Atty. James, is Irene Ishida. 00:22:41.660 --> 00:22:45.600 Atty. James Bryan Ibrahim A. Alih: We confirm that, Your Honor, representing the Philippine Savings Bank. 00:22:45.910 --> 00:22:53.030 Sen. Francis "Chiz" G. Escudero: The Clerk of Court is directed to kindly bring and situate Ms. Irene Joy Ishida to the witness stand. 00:23:26.050 --> 00:23:30.610 Sen. Francis "Chiz" G. Escudero: The Clerk of Court is directed to kindly administer the oath to Ms. Ishida. 00:23:53.900 --> 00:23:55.660 Sen. Francis "Chiz" G. Escudero: Ano po ang palayaw ninyo? Sit down, Ma'am. 00:23:57.630 --> 00:23:58.650 Irene Joy Cadiente Ishida: Irene po, Your Honor. 00:23:58.730 --> 00:24:07.610 Sen. Francis "Chiz" G. Escudero: Irene. Irene, Ma'am Irene, naunawaan niyo po ba yung inyong pinanumpaan kaugnay sa pagbibigay niyo ng inyong testimonya sa umagang ito sa harapan ng hukuman ito? 00:24:08.170 --> 00:24:08.930 Irene Joy Cadiente Ishida: Yes, Your Honor. 00:24:09.990 --> 00:24:15.350 Sen. Francis "Chiz" G. Escudero: Your witness, Atty. James, same offer or any additional to your offer? 00:24:15.590 --> 00:24:17.210 Atty. James Bryan Ibrahim A. Alih: Same offer, Your Honor. We confirm. 00:24:18.430 --> 00:24:19.370 Sen. Francis "Chiz" G. Escudero: Atty. Lindon? 00:24:19.370 --> 00:24:20.950 Atty. Lindon Miguel C. Bacquel: Same comments and objections, Your Honor. 00:24:21.110 --> 00:24:22.330 Atty. James Bryan Ibrahim A. Alih: Permission to proceed, Your Honor. Your 00:24:22.330 --> 00:24:23.510 Sen. Francis "Chiz" G. Escudero: witness, Atty. James? 00:24:23.730 --> 00:24:35.730 Atty. James Bryan Ibrahim A. Alih: Thank you po. Madam Witness, good morning, Ma'am Irene. For the record, could you kindly provide us your full name, your designation, and the branch or bank you're representing today? 00:24:36.970 --> 00:24:43.130 Irene Joy Cadiente Ishida: My name is Irene Joy C. Ishida. I am the department head of the branch operations of Philippine Savings Bank. 00:24:43.630 --> 00:24:52.950 Atty. James Bryan Ibrahim A. Alih: And as the department head of the branch operations of PSB, briefly, what are your primary functions and responsibilities? 00:24:54.340 --> 00:25:15.960 Irene Joy Cadiente Ishida: My department supervises the operations of the branches of PS Bank. And as part of my function as the department head, I ensure that branches are able to strictly adhere to the policies, the internal controls, the regulatory requirements, and the standards set by PS Bank. 00:25:16.280 --> 00:25:17.240 Atty. James Bryan Ibrahim A. Alih: Alright, that's wonderful. 00:25:18.880 --> 00:25:30.140 Atty. James Bryan Ibrahim A. Alih: Could you kindly confirm to us, Madam Witness, how many bank accounts does the Vice President have or his spouse, Atty. Carpio, with PS Bank, based on your records? 00:25:30.880 --> 00:25:32.420 Irene Joy Cadiente Ishida: There are ten accounts, Your Honor. 00:25:32.620 --> 00:25:34.400 Atty. James Bryan Ibrahim A. Alih: Ten accounts. How many are active? 00:25:35.570 --> 00:25:37.130 Irene Joy Cadiente Ishida: There are four active accounts. 00:25:37.770 --> 00:25:54.800 Atty. James Bryan Ibrahim A. Alih: Are you in the position to confirm that these accounts include PSB, peso, time, deposit? ending in the last digits are 3853 under PS Bank Wilson. 00:25:56.340 --> 00:25:58.160 Irene Joy Cadiente Ishida: May I refer to my notes, Your Honor? 00:25:58.440 --> 00:26:01.200 Atty. James Bryan Ibrahim A. Alih: Your Honor, the witness is asking for permission to refer to - 00:26:01.200 --> 00:26:01.220 Sen. Francis "Chiz" G. Escudero: Yes, 00:26:01.240 --> 00:26:07.760 Sen. Francis "Chiz" G. Escudero: ma'am, you may. Continuing authority is granted to the witness to refer to her notes. You may do so, ma'am. All 00:26:07.760 --> 00:26:16.920 Atty. James Bryan Ibrahim A. Alih: right. Madam witness, again, ending in 3853 peso time deposit under PS Bank Wilson. 00:26:18.020 --> 00:26:18.940 Irene Joy Cadiente Ishida: Yes, Your Honor. 00:26:19.140 --> 00:26:20.960 Atty. James Bryan Ibrahim A. Alih: Under whose name is this account? 00:26:21.480 --> 00:26:27.400 Irene Joy Cadiente Ishida: The account number ending in 3853 is under the name of Sara Zimmerman Duterte. 00:26:27.660 --> 00:26:44.770 Atty. James Bryan Ibrahim A. Alih: Alright. How about, are you in the position to confirm that a bank account, peso, passbook savings ending in 2107 under PS Bank Davao, Madraso, is in your records? 00:26:45.290 --> 00:26:46.270 Irene Joy Cadiente Ishida: Yes, Your Honor. 00:26:46.640 --> 00:26:48.800 Atty. James Bryan Ibrahim A. Alih: And under whose name is this bank account? 00:26:49.300 --> 00:26:55.420 Irene Joy Cadiente Ishida: The account number ending in 2107 is under the name of Manases Reyes Carpio. 00:26:55.620 --> 00:27:21.550 Atty. James Bryan Ibrahim A. Alih: Alright, thank you Madam Witness. Madam Witness, our process today is that we're asking the ending balances of these accounts on the basis of years. So it's a year-to-year. So allow me to ask this question. For 2022, and I'm zeroing in on the account ending in 3853, For 2022, what is the ending balance of this account? 00:27:22.880 --> 00:27:35.100 Irene Joy Cadiente Ishida: For account ending in 3853, for the year ending 2022, the ending balance is 2,029,237.88. 00:27:35.100 --> 00:27:35.960 Atty. James Bryan Ibrahim A. Alih: Alright. 00:27:36.140 --> 00:27:50.850 Atty. James Bryan Ibrahim A. Alih: 2,029,237.88. How about for the account of Atty. Manasa-Scarpio ending in 2107 for the year 2022, what is the ending balance? 00:27:51.450 --> 00:28:01.950 Irene Joy Cadiente Ishida: For the account ending in 2107, the ending balance for the year 2022 is 473,845.96. 00:28:03.530 --> 00:28:17.990 Atty. James Bryan Ibrahim A. Alih: 473,845.96. Now let's proceed to the next year, 2023. For the account under the name of the Vice President, Sara Z. Duterte, what is the ending balance for 2023? 00:28:19.090 --> 00:28:31.830 Irene Joy Cadiente Ishida: For the account ending in 3853, for the year ending 2023, the balance is 2,080,023.45. 00:28:33.270 --> 00:28:40.310 Atty. James Bryan Ibrahim A. Alih: Alright. How about for the account ending in 2107? What is the ending balance for 2023? 00:28:41.030 --> 00:28:52.270 Irene Joy Cadiente Ishida: For the account ending in 2107, for the year ending 2023, the balance is 503,550.96. 00:28:52.270 --> 00:28:52.950 Atty. James Bryan Ibrahim A. Alih: Alright. 00:28:53.070 --> 00:29:03.670 Atty. James Bryan Ibrahim A. Alih: For 2024, going back to the account under the name of Sara Z. Duterte, for 2024, what is the ending balance? For 2024? 00:29:04.590 --> 00:29:17.010 Irene Joy Cadiente Ishida: For account ending in 3853, for the year ending 2024, the balance is 2,133,658.78. 00:29:17.750 --> 00:29:27.030 Atty. James Bryan Ibrahim A. Alih: Sige po. Para naman po kay Atty. Carpio, ending in 2107, what is the ending balance for 2024? 00:29:28.400 --> 00:29:37.860 Irene Joy Cadiente Ishida: For account ending in 2107, the ending balance for the year 2024 is 480,076.09. 00:29:37.860 --> 00:29:38.700 Atty. James Bryan Ibrahim A. Alih: Alright. 00:29:39.000 --> 00:29:53.730 Atty. James Bryan Ibrahim A. Alih: I'm on to my last questions, Madam Witness. For 2025, what is the ending balance of the account ending in, with the last digits, 3853 for 2025? 00:29:54.670 --> 00:30:05.620 Irene Joy Cadiente Ishida: For the account ending in 3853 for the year 2025, the ending balance 2,188,222.18 And 00:30:05.620 --> 00:30:13.680 Atty. James Bryan Ibrahim A. Alih: lastly, for the account with last digits 2107 under the name of Atty. Carpio, what is the ending balance in 2025? 00:30:14.440 --> 00:30:24.000 Irene Joy Cadiente Ishida: For the account ending in 2107 for the year 2025, the ending balance is 259,792.87 00:30:24.000 --> 00:30:24.940 Atty. James Bryan Ibrahim A. Alih: Alright. 00:30:25.720 --> 00:30:32.640 Atty. Lindon Miguel C. Bacquel: Your Honor, may we just object to the showing of any total because it's not contained in the witness's testimony, Your Honor. 00:30:32.920 --> 00:30:34.600 Atty. James Bryan Ibrahim A. Alih: May I comment, Your Honor? 00:30:34.600 --> 00:30:35.040 Sen. Francis "Chiz" G. Escudero: I was 00:30:35.040 --> 00:30:37.500 Sen. Francis "Chiz" G. Escudero: about to point that out to an inquiry. Yes, Attorney James, 00:30:37.760 --> 00:30:38.640 Atty. James Bryan Ibrahim A. Alih: before the Chair makes a 00:30:38.640 --> 00:30:38.820 Sen. Francis "Chiz" G. Escudero: ruling. 00:30:39.020 --> 00:30:53.100 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. These are just mathematical descriptions of the numbers, Your Honor. It is well within the courts. prerogative as a matter of judicial notice because mathematics is part of science, your honor. To take 00:30:53.100 --> 00:30:53.960 Sen. Francis "Chiz" G. Escudero: note on this, your 00:30:53.960 --> 00:30:54.180 Atty. James Bryan Ibrahim A. Alih: honor. 00:30:54.340 --> 00:30:58.550 Sen. Francis "Chiz" G. Escudero: Alami, alami. This is okay for the court. 00:30:58.560 --> 00:30:58.920 Atty. James Bryan Ibrahim A. Alih: Yes, thank you. 00:30:58.920 --> 00:31:08.480 Sen. Francis "Chiz" G. Escudero: But it's the next slide that's not. When you total, I think with the previous witness, you had a total showing the per year. 00:31:09.020 --> 00:31:09.580 Atty. James Bryan Ibrahim A. Alih: Yes, your honor. 00:31:09.930 --> 00:31:48.330 Sen. Francis "Chiz" G. Escudero: That is what the court will not allow. And if at all, Attorney Lindon, that's what the court will not allow because it would be unfair to total the ending balances for 22, for 23, 24, 25 because... These are for different years. So kindly omit that last slide which I saw with the previous witness. But this one we will allow because it's simply a mathematical total which we would most likely be doing manually anyway. It saves us the time. But kindly instruct the tech or your person in the tech to avoid showing the totals of the years. That is not an accurate depiction anymore of 00:31:48.330 --> 00:31:49.290 Atty. James Bryan Ibrahim A. Alih: what the witness testified. 00:31:54.070 --> 00:31:54.750 Atty. James Bryan Ibrahim A. Alih: Thank you, Your 00:31:54.750 --> 00:31:54.870 Atty. James Bryan Ibrahim A. Alih: Honor. 00:31:55.800 --> 00:31:59.680 Atty. James Bryan Ibrahim A. Alih: May I ask the tech booth to remove Your Honor in order to comply with the... May 00:31:59.680 --> 00:32:05.300 Sen. Francis "Chiz" G. Escudero: isa ka pang slide na tinototal niyo eh. With the previous witness, there was that one eh. 00:32:07.050 --> 00:32:09.470 Atty. James Bryan Ibrahim A. Alih: Okay, that's okay, Your Honor. So this is okay. This 00:32:09.470 --> 00:32:14.850 Sen. Francis "Chiz" G. Escudero: is fine. Because it totals the ending balances of the spouses in 2025. 00:32:15.690 --> 00:32:16.090 Atty. James Bryan Ibrahim A. Alih: Okay. 00:32:16.350 --> 00:32:17.150 Sen. Francis "Chiz" G. Escudero: Yes, that's okay. 00:32:17.310 --> 00:32:18.210 Atty. James Bryan Ibrahim A. Alih: Alright, thank you, Your Honor. 00:32:20.410 --> 00:32:24.690 Atty. James Bryan Ibrahim A. Alih: That would be all from me, your honor, for this witness. Thank you, Madam Witness. 00:32:24.690 --> 00:32:25.170 Sen. Francis "Chiz" G. Escudero: Cross, 00:32:25.790 --> 00:32:26.650 Atty. Lindon Miguel C. Bacquel: you may proceed when you're ready. 00:32:27.090 --> 00:32:28.930 Atty. Lindon Miguel C. Bacquel: Good morning, ma'am. 00:32:29.210 --> 00:32:36.400 Atty. Lindon Miguel C. Bacquel: Ma'am, you provided the ending balance for these two accounts, correct? You provided the two year ending? 00:32:36.400 --> 00:32:37.990 Irene Joy Cadiente Ishida: Yes, sir. 00:32:37.990 --> 00:32:46.050 Atty. Lindon Miguel C. Bacquel: You can determine the balance of the accounts in your bank for a particular period. Is that correct statement, ma'am? 00:32:46.570 --> 00:32:47.250 Irene Joy Cadiente Ishida: Yes, sir. 00:32:47.950 --> 00:32:55.770 Atty. Lindon Miguel C. Bacquel: But your records would not be able to determine the purpose of the amounts inside the account, correct? 00:32:57.420 --> 00:32:57.940 Irene Joy Cadiente Ishida: Yes, 00:32:57.940 --> 00:32:58.400 Irene Joy Cadiente Ishida: sir. 00:32:59.380 --> 00:32:59.900 Atty. Lindon Miguel C. Bacquel: The 00:32:59.900 --> 00:33:06.680 Atty. Lindon Miguel C. Bacquel: bank records would not determine whether the funds were held for another person or entity. 00:33:06.840 --> 00:33:09.700 Atty. James Bryan Ibrahim A. Alih: Objection, Your Honor. The witness is incompetent to answer that. 00:33:09.700 --> 00:33:10.040 Sen. Francis "Chiz" G. Escudero: She may 00:33:10.040 --> 00:33:14.360 Sen. Francis "Chiz" G. Escudero: answer that she's not aware. Witness may answer. Irene, if you know. 00:33:14.810 --> 00:33:16.550 Irene Joy Cadiente Ishida: I'm sorry, sir. May you repeat the question? 00:33:16.550 --> 00:33:16.770 Atty. Lindon Miguel C. Bacquel: The bank 00:33:16.770 --> 00:33:23.410 Atty. Lindon Miguel C. Bacquel: records would not show whether funds in these accounts were held for another person or entity, correct? 00:33:23.410 --> 00:33:24.880 Irene Joy Cadiente Ishida: Yes, sir. 00:33:24.880 --> 00:33:36.120 Atty. Lindon Miguel C. Bacquel: And for account ending 2107, bank records would also not show that the vice president is aware of these accounts, correct? 00:33:36.120 --> 00:33:36.840 Irene Joy Cadiente Ishida: Yes, sir. 00:33:36.840 --> 00:33:37.860 Atty. Lindon Miguel C. Bacquel: No further questions, Your Honor. 00:33:38.580 --> 00:33:55.400 Sen. Francis "Chiz" G. Escudero: Ma 'am Irene, maraming salamat po sa panahon. Pasensya at abala na nagbigay namin at naidulot sa inyo sa pagtestigo nyo sa umagang ito at pagdalo kahapon na hindi naman po kayo nakapagtestigo. Thank you for your time, ma'am. We appreciate it. Your excuse, ma'am. 00:33:58.280 --> 00:34:01.120 Sen. Francis "Chiz" G. Escudero: Your next witness is Atty. Aguilar? 00:34:01.620 --> 00:34:13.250 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. We confirm the witness is Atty. Ninia Ferren Aguilar of Metropolitan Metropolitan Bank and Trust Company or Metro Bank. 00:34:42.250 --> 00:34:43.950 Sen. Francis "Chiz" G. Escudero: Yes, Attorney Justin is 00:34:43.950 --> 00:34:44.190 Sen. Francis "Chiz" G. Escudero: recognized. 00:34:47.890 --> 00:34:50.770 Atty. Justin Nicol B. Gular: Good morning, Your Honor. Same appearance with the court's permission. 00:34:54.160 --> 00:34:54.640 Atty. James Bryan Ibrahim A. Alih: Same 00:34:54.640 --> 00:34:56.420 Atty. James Bryan Ibrahim A. Alih: appearance also, Your Honor. 00:34:56.420 --> 00:34:59.360 Sen. Francis "Chiz" G. Escudero: Kindly administer those. Attorney Bantug. 00:35:00.380 --> 00:35:15.130 Atty. Renato N. Bantug Jr.: Ma'am, kindly raise your right hand. You, Niña Feren Aguilar, do swear that the evidence you shall give in the case now pending between the Philippines and Vice President Sara Zimmerman Duterte shall be the truth, the whole truth, and nothing but the truth. So help me God. 00:35:15.670 --> 00:35:16.430 Atty. Niña Feren Alquiroz-Aguilar: Yes, I do. 00:35:17.710 --> 00:35:18.450 Atty. Renato N. Bantug Jr.: Kindly sit down. 00:35:19.090 --> 00:35:23.590 Sen. Francis "Chiz" G. Escudero: Atty. Aguilar, how shall we refer to you? Niña? 00:35:24.030 --> 00:35:24.570 Atty. Niña Feren Alquiroz-Aguilar: Niña po. 00:35:25.110 --> 00:35:32.830 Sen. Francis "Chiz" G. Escudero: Niña. Atty. Niña. Nakunawaan po niya inyong pinanumpaan kaugnay sa pagbibigay niyo ng inyong testimonya sa umagang ito sa harap ng hukuman ito. 00:35:32.990 --> 00:35:33.810 Atty. Niña Feren Alquiroz-Aguilar: Yes, Your Honor. 00:35:34.090 --> 00:35:39.310 Sen. Francis "Chiz" G. Escudero: Salamat po. Your witness, Atty. James, but is the offer the same? 00:35:39.470 --> 00:35:40.890 Atty. James Bryan Ibrahim A. Alih: Same offer, Your Honor, for the record. 00:35:41.190 --> 00:35:42.570 Sen. Francis "Chiz" G. Escudero: Atty. Justin? 00:35:42.570 --> 00:35:45.370 Atty. Justin Nicol B. Gular: Same objections, Your Honor, and same comments. 00:35:45.370 --> 00:35:48.830 Sen. Francis "Chiz" G. Escudero: Duly noted, you may proceed with your direct, Atty. James. 00:35:49.070 --> 00:35:53.450 Atty. James Bryan Ibrahim A. Alih: Thank you, Your Honor. Madam Witness, Atty. Ninia, good morning po. 00:35:53.570 --> 00:35:54.550 Atty. Niña Feren Alquiroz-Aguilar: Good morning po. 00:35:54.550 --> 00:36:00.950 Atty. James Bryan Ibrahim A. Alih: Ma'am, for the record, what is your full name and your designation in the bank that you're representing? 00:36:00.950 --> 00:36:07.350 Atty. Niña Feren Alquiroz-Aguilar: I am Niña Feren Alquiroz Aguilar. I am the Head of Anti-Money Laundering Division of Metro Bank. 00:36:09.000 --> 00:36:11.420 Atty. James Bryan Ibrahim A. Alih: Sorry, Head of Anti-Money Laundering Division? 00:36:11.920 --> 00:36:12.720 Atty. Niña Feren Alquiroz-Aguilar: Yes, sir. 00:36:14.400 --> 00:36:20.480 Atty. James Bryan Ibrahim A. Alih: As head of the Anti-Money Laundering Division, what are your primary functions and responsibilities? 00:36:21.340 --> 00:36:27.460 Atty. Niña Feren Alquiroz-Aguilar: I oversee the bank's compliance to the Anti-Money Laundering Act including its implementing rules and regulations. 00:36:28.080 --> 00:36:48.020 Atty. James Bryan Ibrahim A. Alih: Madam Witness, you caught my attention because you are the head of the Anti-Money Laundering Division. So far, those that are presented here are either the branch manager or the operations. May I know why you were sent as the representative of Metropolitan Metro Bank? 00:36:48.460 --> 00:36:56.000 Atty. Niña Feren Alquiroz-Aguilar: As the head of the Anti-Money Laundering Division, Sir, I have access to all the records for the accounts subject of the subpoena. 00:36:56.520 --> 00:37:02.480 Atty. James Bryan Ibrahim A. Alih: Okay. And how long have you been the head of the Anti-Money Laundering Division? 00:37:03.020 --> 00:37:04.900 Atty. Niña Feren Alquiroz-Aguilar: Over a year already, Sir. 00:37:05.180 --> 00:37:14.400 Atty. James Bryan Ibrahim A. Alih: Alright. So what you mentioned a while ago is that the accounts subject of the subpoena is under your division, the anti-money laundering division. Is that right? 00:37:14.680 --> 00:37:16.760 Atty. Niña Feren Alquiroz-Aguilar: Our division has access to the records 00:37:16.760 --> 00:37:17.060 Atty. Niña Feren Alquiroz-Aguilar: of 00:37:17.060 --> 00:37:17.500 Atty. Niña Feren Alquiroz-Aguilar: the account. 00:37:17.780 --> 00:37:48.280 Atty. James Bryan Ibrahim A. Alih: Yeah, that's fair. Madam Witness, I'll be asking some questions on the bank accounts of the vice president and or his husband and including perhaps their kids. But in order to not name the kids, you can just say Mr. A, Mr. B. I guess we can take notice that these are Bank accounts in the name of the kids because we also do not want to put their names out in the public. Is that fine? 00:37:48.280 --> 00:37:49.180 Atty. Niña Feren Alquiroz-Aguilar: It's fine, 00:37:49.300 --> 00:37:49.560 Atty. Niña Feren Alquiroz-Aguilar: sir. 00:37:49.740 --> 00:38:02.700 Atty. James Bryan Ibrahim A. Alih: Thank you po. Sige po. Based po sa records niyo sa Metro Bank, ilan po yung bank accounts ng ating Vice President ng kanyang asawa at ng kanyang mga anak kung meron man? 00:38:02.900 --> 00:38:04.760 Atty. Niña Feren Alquiroz-Aguilar: Can I confirm with my records? 00:38:04.760 --> 00:38:18.620 Sen. Francis "Chiz" G. Escudero: You may refer to your notes to clarify, Atty. Nina. Sorry, I'm not familiar. Only children below 18, if any, because that's what's included only in the SALN. Would that be correct, Atty. James? 00:38:18.720 --> 00:38:19.560 Atty. James Bryan Ibrahim A. Alih: I confirm that, Your Honor. 00:38:19.760 --> 00:38:23.840 Sen. Francis "Chiz" G. Escudero: Atty. James, Atty. Justin, that would be more accurate, right? 00:38:23.840 --> 00:38:24.980 Atty. Justin Nicol B. Gular: That would be correct, Your Honor. 00:38:24.980 --> 00:38:29.680 Sen. Francis "Chiz" G. Escudero: Any account of a child above 18 should be excluded already? 00:38:31.200 --> 00:38:33.980 Atty. Justin Nicol B. Gular: Yes, Your Honor. I think that is under the SALN rules and the law. 00:38:34.000 --> 00:38:37.080 Sen. Francis "Chiz" G. Escudero: Exactly. You may proceed, Atty. Niña. 00:38:37.080 --> 00:38:37.480 Atty. James Bryan Ibrahim A. Alih: Alright. 00:38:37.920 --> 00:38:57.230 Atty. Niña Feren Alquiroz-Aguilar: Thank you, Your Honor. For the current and savings account, combine Vice President Sara and Man Scorpio's account. There are six bank accounts under those individuals, including the accounts open for their children. 00:38:57.650 --> 00:39:00.270 Atty. James Bryan Ibrahim A. Alih: Alright, six. How many are active, if you know? 00:39:03.840 --> 00:39:05.080 Atty. Niña Feren Alquiroz-Aguilar: Three, sir. 00:39:05.360 --> 00:39:10.400 Atty. James Bryan Ibrahim A. Alih: Three. And can you give the last digits of those three active bank accounts? 00:39:11.230 --> 00:39:15.890 Atty. Niña Feren Alquiroz-Aguilar: The first one is ending 3876. 00:39:16.940 --> 00:39:17.700 Atty. Niña Feren Alquiroz-Aguilar: The 00:39:17.700 --> 00:39:28.220 Atty. Niña Feren Alquiroz-Aguilar: second one is ending in 2445. And the last one is ending in 5263. 00:39:29.520 --> 00:39:44.660 Atty. James Bryan Ibrahim A. Alih: 5263. Okay, so allow me to ask questions on those three active accounts. Let's start with the last digit. or the account ending 3876. But for the record, under whose name is this account? 00:39:45.040 --> 00:39:56.220 Atty. Niña Feren Alquiroz-Aguilar: This is a joint account of Attorney Manases Reyes-Carpio or Vice President Sara Zimmerman-Duterte. 00:39:56.560 --> 00:40:11.220 Atty. James Bryan Ibrahim A. Alih: Alright. How about for the bank account ending with digits 5293? Under whose account or under whose name is this if you are at liberty to say? 00:40:12.840 --> 00:40:17.100 Atty. Niña Feren Alquiroz-Aguilar: It's, just to clarify sir, it's 5263. 00:40:17.440 --> 00:40:18.080 Atty. James Bryan Ibrahim A. Alih: 5263. 00:40:18.280 --> 00:40:21.980 Atty. Niña Feren Alquiroz-Aguilar: This account is under the name of one of the children. 00:40:22.080 --> 00:40:31.220 Atty. James Bryan Ibrahim A. Alih: Alright, that's fine. How about the account with last digits 2445? Under whose name is this? 00:40:31.540 --> 00:40:36.180 Atty. Niña Feren Alquiroz-Aguilar: This is under the Vice President Sara Zimmerman Coterta's name. 00:40:36.520 --> 00:40:56.080 Atty. James Bryan Ibrahim A. Alih: Alright. Sige. Let's now go to the ending balance, Madam Witness. For account number 3876, under the name of Atty. Carpio and her wife, Vice President Sara Zimmerman Duterte, what is the ending balance for the year 2022? 00:40:57.320 --> 00:41:03.880 Atty. Niña Feren Alquiroz-Aguilar: Based on our records, sir, the ending balance as of 2022 is 2 million. 00:41:06.330 --> 00:41:10.550 Atty. Niña Feren Alquiroz-Aguilar: 278,832 pesos and 33 centavos. 00:41:10.590 --> 00:41:22.950 Atty. James Bryan Ibrahim A. Alih: Okay. How about for the account with last digits 2445 under the name of the Vice President Sara Zimmerman Duterte? What is the ending balance? 00:41:24.600 --> 00:41:32.980 Atty. Niña Feren Alquiroz-Aguilar: As of 2022, it's 85,556 pesos and 33 centavos. 00:41:33.000 --> 00:41:34.200 Atty. James Bryan Ibrahim A. Alih: What year is that? 2020? 00:41:34.200 --> 00:41:34.900 Atty. Niña Feren Alquiroz-Aguilar: 2022 00:41:34.900 --> 00:41:35.380 Atty. Niña Feren Alquiroz-Aguilar: sir. 00:41:35.680 --> 00:41:47.960 Atty. James Bryan Ibrahim A. Alih: How about for the last, the account with last digits 5263 under the name of one of their children? What is the ending balance for 2022? 00:41:54.700 --> 00:42:09.160 Atty. Niña Feren Alquiroz-Aguilar: For 2022, under the account ending in 5263, for 2022 the ending balance is 1,184,168 pesos and 2 centavos. 00:42:09.240 --> 00:42:25.220 Atty. James Bryan Ibrahim A. Alih: Alright. Let's go to 2023, Madam Witness. Again, start with the account with last digits 3876 under the name of the Vice President, Sara Duterte, and her husband, Atty. Carpio. What is the ending balance for 2023? 00:42:27.940 --> 00:42:30.020 Atty. Niña Feren Alquiroz-Aguilar: For 3876, sir. 00:42:30.360 --> 00:42:34.240 Atty. James Bryan Ibrahim A. Alih: Sorry, can you say it in thousands or millions? 00:42:34.240 --> 00:42:37.220 Atty. Niña Feren Alquiroz-Aguilar: This is for the account 3876? 00:42:37.220 --> 00:42:38.100 Atty. James Bryan Ibrahim A. Alih: 3876, yes. 00:42:38.360 --> 00:42:47.240 Atty. Niña Feren Alquiroz-Aguilar: For 2023, it's 2,436,156 pesos and 69 centavos. 00:42:47.480 --> 00:42:59.670 Atty. James Bryan Ibrahim A. Alih: Okay. For the last digits 244, bank account with last digits 2445? Under the name of Sara Zimmerman Duterte, what is the ending balance for 2023? 00:43:00.690 --> 00:43:07.910 Atty. Niña Feren Alquiroz-Aguilar: For 2023, sir, it's 85,556 pesos and 33 centavos. 00:43:08.050 --> 00:43:26.210 Atty. James Bryan Ibrahim A. Alih: Alright. Sige. How about for the last, for the account with last digits 5263? Under the name of their, one of their children, minor children, what is the... Ending balance for the year 2023? For 00:43:26.210 --> 00:43:34.350 Atty. Niña Feren Alquiroz-Aguilar: 2023, it's 1,330,800 pesos and 53 centavos. 00:43:34.410 --> 00:43:49.410 Atty. James Bryan Ibrahim A. Alih: Sige. Let's go back again to account with last digits 3876 for 2024. Ano po yung ending balance nitong 3876 na bank account? 00:43:49.820 --> 00:43:58.320 Atty. Niña Feren Alquiroz-Aguilar: For 2024, the ending balance is 330,896 pesos and 40 centavos. 00:43:58.380 --> 00:44:09.290 Atty. James Bryan Ibrahim A. Alih: Okay. For 2024 again, but this time with the bank account ending in 2445, what is the ending balance? 00:44:10.080 --> 00:44:17.880 Atty. Niña Feren Alquiroz-Aguilar: For 2024, it's 85,581 pesos and 89 centavos. 00:44:18.700 --> 00:44:27.640 Atty. James Bryan Ibrahim A. Alih: How about for last digit, for bank account with last digit 5263, what is the ending balance for 2024? 00:44:28.460 --> 00:44:35.720 Atty. Niña Feren Alquiroz-Aguilar: It's 1,458,423 pesos and 9 centavos. 00:44:36.520 --> 00:44:48.720 Atty. James Bryan Ibrahim A. Alih: Lastly for the years 2025, if you can just go quickly Madam Witness, para sa 3876 na bank account, ano yung Ending balance? 00:44:49.260 --> 00:44:54.580 Atty. Niña Feren Alquiroz-Aguilar: It's 55,273 pesos and 18 centavos. 00:44:54.800 --> 00:44:55.720 Atty. James Bryan Ibrahim A. Alih: Alright. 00:44:57.350 --> 00:45:05.010 Atty. James Bryan Ibrahim A. Alih: For 2025 with bank ending in 2445? 00:45:06.160 --> 00:45:13.060 Atty. Niña Feren Alquiroz-Aguilar: The balance is 85,625 pesos and 29 centavos. And 00:45:13.060 --> 00:45:17.060 Atty. James Bryan Ibrahim A. Alih: lastly for the bank account with last digits? 00:45:19.290 --> 00:45:21.250 Atty. James Bryan Ibrahim A. Alih: 5263. What is the ending balance? 00:45:22.130 --> 00:45:28.630 Atty. Niña Feren Alquiroz-Aguilar: It's 1,459,162.56 pesos. 00:45:31.130 --> 00:45:33.510 Atty. James Bryan Ibrahim A. Alih: 1,459 00:45:33.510 --> 00:45:36.670 Atty. James Bryan Ibrahim A. Alih: ,162 00:45:36.670 --> 00:45:45.890 Atty. James Bryan Ibrahim A. Alih: .56 pesos. Could you read the total of those, Madam Witness? If that is accurate, would you know? 00:45:46.880 --> 00:45:49.900 Atty. Niña Feren Alquiroz-Aguilar: I don't have the total balances in my notes. 00:45:49.900 --> 00:45:50.160 Atty. James Bryan Ibrahim A. Alih: That's 00:45:50.160 --> 00:45:52.620 Atty. James Bryan Ibrahim A. Alih: okay. We'll just proceed. 00:45:56.170 --> 00:45:59.390 Atty. James Bryan Ibrahim A. Alih: I think that would be all for this witness, Your Honor. 00:45:59.910 --> 00:46:01.570 Sen. Francis "Chiz" G. Escudero: Your witness, Attorney Justin? 00:46:01.570 --> 00:46:09.010 Atty. Justin Nicol B. Gular: Nothing to cross-examine, Your Honor, except we would like to object to the flashing of the separate totals on the screen pertaining to all banks, Your Honor. 00:46:09.250 --> 00:46:10.690 Sen. Francis "Chiz" G. Escudero: Kindly avoid that part. 00:46:11.110 --> 00:46:11.810 Atty. Justin Nicol B. Gular: Thank you, Your Honor. 00:46:11.810 --> 00:46:12.130 Sen. Francis "Chiz" G. Escudero: That 00:46:12.130 --> 00:46:15.510 Sen. Francis "Chiz" G. Escudero: is the proper subject matter of your next witness, I believe. 00:46:17.070 --> 00:46:17.470 Atty. Justin Nicol B. Gular: May 00:46:17.470 --> 00:46:25.330 Atty. Justin Nicol B. Gular: we ask that it be taken down, Your Honor, since several bank officials will be presented, they don't have personal knowledge on all those bank accounts. That would be improper. 00:46:25.330 --> 00:46:25.950 Sen. Francis "Chiz" G. Escudero: But you can include 00:46:25.950 --> 00:46:28.830 Sen. Francis "Chiz" G. Escudero: the total per year per account, Attorney James. 00:46:29.010 --> 00:46:33.150 Atty. James Bryan Ibrahim A. Alih: Yes. Thank you, Your Honor. But, Your Honor, can I see again the slide there? I'm not sure which one was it. 00:46:33.150 --> 00:46:33.370 Atty. Justin Nicol B. Gular: Your Honor, 00:46:33.490 --> 00:46:33.850 Atty. Justin Nicol B. Gular: we 00:46:33.850 --> 00:46:33.990 Atty. Justin Nicol B. Gular: are 00:46:33.990 --> 00:46:35.210 Sen. Francis "Chiz" G. Escudero: objecting to the flashing. It showed 00:46:35.210 --> 00:46:36.130 Atty. Justin Nicol B. Gular: totals per 00:46:36.130 --> 00:46:37.030 Atty. Justin Nicol B. Gular: bank. 00:46:37.030 --> 00:46:37.950 Atty. James Bryan Ibrahim A. Alih: Per bank? 00:46:37.950 --> 00:46:41.370 Sen. Francis "Chiz" G. Escudero: Per bank. She's not competent to testify on the other banks. 00:46:42.560 --> 00:46:44.200 Sen. Francis "Chiz" G. Escudero: From previous banks, okay. 00:46:45.750 --> 00:46:49.450 Sen. Francis "Chiz" G. Escudero: But kindly consult with your panel what they showed. 00:46:50.090 --> 00:46:50.770 Atty. James Bryan Ibrahim A. Alih: Okay, Your Honor. 00:46:51.930 --> 00:47:02.890 Sen. Francis "Chiz" G. Escudero: Atty. Nina, maraming salamat po sa inyong panahon at paumanhin sa abala. Salamat sa pagsagot sa mga katanungan na magkabilang partido. Yes, what is the pleasure of Sen. Risa Hontiveros? 00:47:07.870 --> 00:47:09.270 Sen. Francis "Chiz" G. Escudero: You wish to make interjections, 00:47:09.290 --> 00:47:09.430 Sen. Francis "Chiz" G. Escudero: ma'am? 00:47:09.450 --> 00:47:11.370 Sen. Risa Hontiveros: Mr. Presiding Officer, opo, just a couple. 00:47:11.690 --> 00:47:13.450 Sen. Francis "Chiz" G. Escudero: Yes, you have two minutes, ma'am. 00:47:13.650 --> 00:47:17.730 Sen. Risa Hontiveros: Salamat po, Mr. Presiding Officer. Magandang umaga po, Atty. Nina. 00:47:17.730 --> 00:47:18.150 Atty. Niña Feren Alquiroz-Aguilar: Good 00:47:18.150 --> 00:47:18.910 Atty. Niña Feren Alquiroz-Aguilar: morning, Your Honor. 00:47:19.660 --> 00:47:30.500 Sen. Risa Hontiveros: Good morning ma'am. Na-peak din yung interest ko dahil nga kayo yung head ng inyong anti-money laundering division so dalawang tanong lamang po sa inyo. 00:47:32.510 --> 00:48:20.900 Sen. Risa Hontiveros: Kahapon po kasi napag-usapan yung suspicious transaction reports o STRs na ginagawa ng mga covered persons kasama ang mga bangko sa AMLC. So, in general po, sa karanasan ninyo bilang head ng inyong anti-money laundering division, basta ba may kontrobersyal na balita tungkol sa kliyente ay nire-report na yan agad, agad-agad sa AMLC bilang STR? O kinukonsidera po ba? Nang covered person, in this case ng bangko, yung circumstances ng transaksyon. Circumstansya kasama na po yung halaga, account activity, profiles ng nagpadala, at tumanggap ng pera at iba pa. Ganun po ba yun? 00:48:22.130 --> 00:48:45.750 Atty. Niña Feren Alquiroz-Aguilar: For suspicious transaction reporting based on negative media, we generally file a suspicious transaction report if we have identified our customer to be the subject of the negative media and conduct further review on the transactions. And if it is warranted, we would file additional suspicious transaction reports after the review of the transactions, Your Honor. 00:48:54.080 --> 00:49:09.860 Sen. Risa Hontiveros: Hindi rin basta-basta. Kung may negative report pero identified yung customer bilang subject ng negative report, maaaring nagpo-file ng STR pero nagko-conduct ng further review if warranted. So may ganung mga qualifications step by step. 00:49:10.000 --> 00:49:10.620 Atty. Niña Feren Alquiroz-Aguilar: Yes, Your Honor. 00:49:10.920 --> 00:49:44.390 Sen. Risa Hontiveros: Alright po. Then huli na lamang po. Again, in general, yung mga suspicious transaction reports, yung mga bank teller po ba? Ang nagpapadala ng mga suspicious transaction reports agad-agad sa AMLC? O dumadaan po ba yan sa internal review? Kanina nabanggit niyo further review. Dumadaan ba sa internal review? May escalation process po ba? May approval po ba ng mga boss ng covered person o ng bangko bago i-report, i-forward ang report sa AMLC? 00:49:45.130 --> 00:49:55.970 Atty. Niña Feren Alquiroz-Aguilar: The suspicious transaction reports, Your Honor, goes through my division, anti-money laundering division, and would require my approval as well before filing with the AMLC. 00:49:56.460 --> 00:50:07.860 Sen. Risa Hontiveros: All right. So dadaan pa po sa division ninyo in the case of your covered person, in the case of your bank, and then kailangan pang-aprubahan ng head of division na kayo po yun. 00:50:07.920 --> 00:50:08.740 Atty. Niña Feren Alquiroz-Aguilar: Yes, Your Honor. 00:50:08.940 --> 00:50:12.020 Sen. Risa Hontiveros: All right. Salamat po, Attorney Nina. Salamat po, Mr. Presiding Officer. 00:50:12.020 --> 00:50:16.420 Sen. Francis "Chiz" G. Escudero: Thank you, Senator Judge Risa. Yes, Senator Judge Kiko Pangilinan is recognized. 00:50:21.400 --> 00:50:25.240 Sen. Francis “Kiko” Pangilinan: Thank you, Mr. Presiding Officer. Magandang umaga. 00:50:26.220 --> 00:50:27.640 Atty. Niña Feren Alquiroz-Aguilar: Good morning, Poa, Your Honor. 00:50:27.840 --> 00:50:34.020 Sen. Francis “Kiko” Pangilinan: Madam Witness, just to follow up on some of the points raised or questions raised by Senator Hontiveros. 00:50:35.550 --> 00:51:16.890 Sen. Francis “Kiko” Pangilinan: In the guidelines for suspicious transaction reporting, you are familiar with the seven criteria, no? Kunwari. Halimbawa, there is no underlying legal or trade justification. Tama. So apart from negative media reports, you would look at this particular guideline and say yung deposit na ito malaking halaga and it appears na walang underlying legal or trade or economic justification. 00:51:17.410 --> 00:51:19.110 Atty. Niña Feren Alquiroz-Aguilar: Among others, Your Honor. 00:51:19.210 --> 00:51:32.070 Sen. Francis “Kiko” Pangilinan: So in other words, negative media is one consideration in filing suspicious transaction reports. Of course, and you'll go through the guidelines. 00:51:32.490 --> 00:51:33.350 Atty. Niña Feren Alquiroz-Aguilar: Yes, Your Honor. 00:51:33.550 --> 00:51:40.550 Sen. Francis “Kiko” Pangilinan: And when you say, and we do further investigation or further, what was the term you said? Sorry. 00:51:40.730 --> 00:51:41.650 Atty. Niña Feren Alquiroz-Aguilar: Review, Your Honor. 00:51:41.690 --> 00:51:47.490 Sen. Francis “Kiko” Pangilinan: Review. Your review is based on the guidelines. 00:51:47.890 --> 00:51:48.610 Atty. Niña Feren Alquiroz-Aguilar: Yes, Your Honor. 00:51:48.790 --> 00:51:50.950 Sen. Francis “Kiko” Pangilinan: Okay. So, hindi... 00:51:55.340 --> 00:52:02.380 Sen. Francis “Kiko” Pangilinan: Binubusisi nyo ng gusto dahil you're careful na hindi rin tama na mag-file ng suspicious transaction report kung mali. 00:52:02.780 --> 00:52:03.500 Atty. Niña Feren Alquiroz-Aguilar: Yes, Your 00:52:03.500 --> 00:52:03.600 Atty. Niña Feren Alquiroz-Aguilar: Honor. 00:52:03.600 --> 00:52:06.040 Sen. Francis “Kiko” Pangilinan: O walang basis o dahil news report lang. 00:52:06.680 --> 00:52:07.560 Atty. Niña Feren Alquiroz-Aguilar: Yes, Your Honor. 00:52:07.780 --> 00:52:16.480 Sen. Francis “Kiko” Pangilinan: So, maingat ang bangko bago ito mag-file ng suspicious transaction report. Binubusisi ninyo ng gusto. 00:52:16.720 --> 00:52:17.440 Atty. Niña Feren Alquiroz-Aguilar: Yes, Your Honor. 00:52:17.760 --> 00:52:19.180 Sen. Francis “Kiko” Pangilinan: Hindi base sa chismis. 00:52:19.400 --> 00:52:20.300 Atty. Niña Feren Alquiroz-Aguilar: Yes, Your Honor. 00:52:20.460 --> 00:52:21.200 Sen. Francis “Kiko” Pangilinan: Maraming salamat. 00:52:22.190 --> 00:52:46.210 Sen. Francis "Chiz" G. Escudero: Thank you, Senator Judge Kiko. There being no other Senator Judges who wishes to make interjections, Atty. Nina, you're excused and may I just say kayo po yung pinakakalmado at malumanay na testigong so far nakaharap po namin. Maraming salamat. Naway mahawa po kaming lahat sa inyo. Yes, Senator Judge Villanueva. 00:52:50.320 --> 00:52:53.700 Sen. Joel Villanueva: Sorry, Mr. Presiding Officer. Just one question because I wanted to... 00:52:53.700 --> 00:52:54.560 Sen. Francis "Chiz" G. Escudero: You may proceed, sir. 00:52:54.560 --> 00:54:34.900 Sen. Joel Villanueva: Thank you very much because I wanted to take this moment to ask this very particular question to our witness who is also considered an expert in anti-money laundering activities. Madam Witness, may mga CTRs and STRs na nare-report na... Kagaya po nung last time nandito po kami, if I'm not mistaken, yung BPI po was mentioned na nagkaroon ng glitch or reporting error involving a manager's check and then was later corrected after the bank identified a system bug. Gusto kong malaman na Madam Witness, meron po ba kayong ganitong experience so that we can be informed before the court relies on these amounts appearing in the CTRs or the STR, suspicious accounts. Yung bangko po ba can confirm that these have been checked against the underlying account statements and Transaction records. At kung nagkaroon po ng error, kung sakali po na nagkaroon naman ng error in the original report, ano po yung ginagawa ng bangko in processing this information for correcting or withdrawing the CTR or STR previously submitted to AMLA? 00:54:36.110 --> 00:54:52.410 Atty. Niña Feren Alquiroz-Aguilar: Your Honor, we have not experienced that kind of error at least in my term as the head of anti-money laundering division of Metro Bank. But in case there would be any, we would file an amended covered transaction report as part of our procedure. 00:54:53.110 --> 00:55:08.170 Sen. Joel Villanueva: And sinasabi niyo ho, and puntahan ko yung binanggit kanina ni Sen. Kiko, talagang masusi at talagang maingat na maingat. Bago po ito i-submit. Kaya in your experience, hindi niyo po na-experience ito. 00:55:08.290 --> 00:55:09.150 Atty. Niña Feren Alquiroz-Aguilar: Yes, your honor. 00:55:09.390 --> 00:55:12.470 Sen. Joel Villanueva: Maraming salamat, Madam Witas. Thank you, Mr. Presiding Officer. Thank you. 00:55:12.750 --> 00:55:23.820 Sen. Francis "Chiz" G. Escudero: Yes, ganyan talaga pag nasimulan na natin eh. Senator Judge Raffy is recognized. Madam Witas, 00:55:23.920 --> 00:55:24.780 Sen. Raffy T. Tulfo: since kayo po isang expert. 00:55:24.780 --> 00:55:25.800 Sen. Francis "Chiz" G. Escudero: You may proceed, sir. 00:55:25.800 --> 00:55:43.450 Sen. Raffy T. Tulfo: Thank you, Mr. Presiding Officer. Since kayo po isang expert sa banking industry. Ano po yung protocol ninyo kapag meron halimbawang cliente ninyo mag-withdraw ng more than 500,000 at kapag meron pumasok sa account niya ng more than 500,000? 00:55:44.590 --> 00:56:10.010 Atty. Niña Feren Alquiroz-Aguilar: For cash payout, Your Honor, our requirement for more than 500,000 is to conduct enhanced due diligence. At least for the current policy, it's already 1 million following the circular 1230 of Bangko Sentral ng Pilipinas. We conduct enhanced due diligence on the transaction to ensure that we understand where the payment is going to. 00:56:10.440 --> 00:56:15.540 Sen. Raffy T. Tulfo: So meron kayo hinihingi ng mga dokumento kung para saan pupunta yung pera ngayon? 00:56:15.920 --> 00:56:19.900 Atty. Niña Feren Alquiroz-Aguilar: We get information and documents as may be necessary, Your Honor. 00:56:20.300 --> 00:56:26.100 Sen. Raffy T. Tulfo: Halimbawa kung meron pumasok na pera by the hundreds of millions, ano usually ang protocol? 00:56:26.580 --> 00:56:38.690 Atty. Niña Feren Alquiroz-Aguilar: We also conduct enhanced due diligence on the transaction and obtain additional information and documents as may be necessary to Prove the legitimacy of the source of the funds, Your Honor. 00:56:38.970 --> 00:56:50.090 Sen. Raffy T. Tulfo: So tinatanong niyo yung nag-de-deposit sa account kung para saan at saan galing yung pera ngayon na dinide-deposit sa isang account? 00:56:50.490 --> 00:56:51.370 Atty. Niña Feren Alquiroz-Aguilar: Yes, Your Honor. 00:56:51.790 --> 00:56:53.510 Sen. Raffy T. Tulfo: Anong mga dokumentong hinihingi niyo halimbawa? 00:56:53.810 --> 00:56:56.990 Atty. Niña Feren Alquiroz-Aguilar: It depends on the type of the transaction, Your Honor. 00:56:58.020 --> 00:56:58.620 Sen. Raffy T. Tulfo: Example? 00:56:59.180 --> 00:57:15.020 Atty. Niña Feren Alquiroz-Aguilar: So, for example, for fund transfers, if it is, for example, a payment from a supplier, we ask for copies of the invoice or the contract between our depositor and their counterparty to prove the legitimacy of the transaction. 00:57:15.560 --> 00:57:21.500 Sen. Raffy T. Tulfo: Very good. So, yan yung protocol sa lahat ng bangko, hindi lang sa bangko ninyo, per BSP regulations? 00:57:21.500 --> 00:57:21.980 Atty. Niña Feren Alquiroz-Aguilar: I 00:57:21.980 --> 00:57:24.660 Atty. Niña Feren Alquiroz-Aguilar: will not be able to answer for the other banks, sir. 00:57:24.700 --> 00:57:36.660 Sen. Raffy T. Tulfo: Okay. Last na lamang. So, kapag halimbawa, Nag-withdraw ang isang account holder sa kanyang account ng say 10 million. So anong protocol ulit? 00:57:41.850 --> 00:57:54.430 Atty. Niña Feren Alquiroz-Aguilar: depositor to provide us additional information as to the rationale why they are withdrawing that amount and provide documentation to support the legitimacy of the transaction or the withdrawal. 00:57:54.430 --> 00:57:54.910 Sen. Raffy T. Tulfo: The 00:57:54.910 --> 00:58:25.270 Sen. Raffy T. Tulfo: reason why I'm asking her, Mr. President and Officer, kasi kahapon, may mga pera galing sa iba't ibang bansa pumasok sa account ni BP Sara by the millions and hundreds of millions, as a matter of fact. So I was wondering kung yung bangko na Pinasukan ng pera from abroad kung sinunod yung ganong klaseng patakara na binanggit ni Madam Witness. Hininga ng kontrata, sales invoice, etc. because it wasn't discussed yesterday. So I was just wondering. Thank you, Madam Witness. Thank you, Mr. Presiding Officer. 00:58:25.270 --> 00:58:25.730 Sen. Francis "Chiz" G. Escudero: Thank 00:58:25.730 --> 00:58:27.330 Sen. Francis "Chiz" G. Escudero: you, Senator Judge Raffy. 00:58:29.220 --> 00:58:32.680 Sen. Francis "Chiz" G. Escudero: You are excused, Attorney Niña. 00:58:32.680 --> 00:58:33.980 Atty. Justin Nicol B. Gular: Your Honor, before that. 00:58:34.540 --> 00:58:36.000 Sen. Francis "Chiz" G. Escudero: Before we excuse the witness. 00:58:36.000 --> 00:58:37.390 Atty. Justin Nicol B. Gular: Yes, Your Honor. 00:58:37.390 --> 00:58:39.070 Sen. Francis "Chiz" G. Escudero: Yes, what's your pleasure, Attorney Justin? 00:58:39.070 --> 00:58:40.250 Atty. Justin Nicol B. Gular: With all due respect, of course, to 00:58:40.250 --> 00:58:41.610 Atty. Justin Nicol B. Gular: the questions 00:58:41.610 --> 00:59:07.020 Atty. Justin Nicol B. Gular: of our senator judges, just a clarification for the record in one of the answers of the witness. I believe the witness answered that when there is a negative media pertaining to a relevant person, an STR is automatically reported and she stated if warranted, further investigation is done and if after further investigation, an additional STR. is filed, Your Honor. I think that was the import of one of her 00:59:07.020 --> 00:59:07.140 Atty. Justin Nicol B. Gular: answers. 00:59:07.140 --> 00:59:14.800 Sen. Francis "Chiz" G. Escudero: And to qualify only insofar as she is concerned in her bank because she cannot speak for the practices of other banks. Would that be correct, Attorney Justin? 00:59:16.220 --> 00:59:16.940 Atty. Justin Nicol B. Gular: Sorry, Your Honor. 00:59:17.080 --> 00:59:19.200 Sen. Francis "Chiz" G. Escudero: It only applies to her bank, her statement. 00:59:19.200 --> 00:59:19.680 Atty. Justin Nicol B. Gular: Yes, Your Honor. 00:59:21.360 --> 00:59:24.480 Sen. Francis "Chiz" G. Escudero: Attorney Nina, you are excused, ma'am. Salamat po. 00:59:24.660 --> 00:59:25.420 Atty. Niña Feren Alquiroz-Aguilar: Thank you, Your Honor. 00:59:28.230 --> 00:59:31.030 Sen. Francis "Chiz" G. Escudero: Kindly situate the next witness to confirm, Attorney James. 00:59:31.030 --> 00:59:34.610 Atty. James Bryan Ibrahim A. Alih: It is Leslie Cham of Security Bank. 00:59:36.400 --> 00:59:38.960 Sen. Francis "Chiz" G. Escudero: Kindly situate Leslie Cham of Security Bank. 00:59:40.530 --> 00:59:49.660 Sen. Francis "Chiz" G. Escudero: To the witness stand, the clerk is directed to administer the oath to Mr. Leslie. 00:59:51.310 --> 01:00:15.780 Atty. Justin Nicol B. Gular: Your Honor, also, pardon, just to set the record straight, Your Honor, with all due respect again to our two senator judges. We'd just like to clarify, Your Honor, that based on the evidence propounded, the foreign currencies alluded to did not enter the bank accounts of the Vice President, but was, I think, the Cale88, Your Honor, just to clarify the record. 01:00:15.920 --> 01:00:21.220 Sen. Francis "Chiz" G. Escudero: Yes, and the Court has, I think, has taken note of that. Manifestation is noted. 01:00:21.220 --> 01:00:21.780 Atty. Justin Nicol B. Gular: Thank you, Your Honor. 01:00:21.780 --> 01:00:23.220 Sen. Francis "Chiz" G. Escudero: Kindly administer the oath to Mr. Leslie. 01:00:23.700 --> 01:00:37.510 Atty. Renato N. Bantug Jr.: Sir, kindly raise your right hand. You, Leslie Cham. Do swear that the evidence you shall give in the case now pending between the Philippines and Vice-President Sarah Zimmerman Duterte shall be the truth, the whole truth, and nothing but the truth. So help you God. 01:00:38.270 --> 01:00:39.030 Leslie Y. Cham: Yes, Your Honor. 01:00:40.140 --> 01:00:46.360 Sen. Francis "Chiz" G. Escudero: Thank you. I presume your nickname is Leslie as well? 01:00:46.360 --> 01:00:47.200 Leslie Y. Cham: Les. 01:00:47.200 --> 01:00:56.420 Sen. Francis "Chiz" G. Escudero: Les. Mr. Les, did you understand the oath that you just made in connection with the testimony you'll be giving before this Court this morning? 01:00:56.420 --> 01:00:58.030 Leslie Y. Cham: Yes, Your Honor. 01:00:58.030 --> 01:00:58.470 Sen. Francis "Chiz" G. Escudero: Thank you. 01:00:59.430 --> 01:01:00.810 Sen. Francis "Chiz" G. Escudero: Offer, Atty. James? 01:01:00.810 --> 01:01:03.370 Atty. James Bryan Ibrahim A. Alih: Same offer, Your Honor, from the prosecution. 01:01:04.130 --> 01:01:05.370 Sen. Francis "Chiz" G. Escudero: Atty. Justin? 01:01:05.370 --> 01:01:07.190 Atty. Justin Nicol B. Gular: Same comments and objections, Your Honor. 01:01:07.190 --> 01:01:10.470 Sen. Francis "Chiz" G. Escudero: Duly noted. Your witness, Atty. James, for your direct. 01:01:10.670 --> 01:01:26.850 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. And before I ask, Your Honor, I beg your kind indulgence. I understand that these are numbers and that there are a lot of it, so I beg the forbearance of our honorable members of the court. But based naman po sa lumalabas, lumalaki-laki na rin naman po. 01:01:34.800 --> 01:01:47.920 Atty. James Bryan Ibrahim A. Alih: Sir Les, can you kindly tell your full name and your current designation in Security Bank, please? 01:01:48.300 --> 01:01:54.020 Leslie Y. Cham: I'm Leslie Y. Cham. I'm the branch banking group head of Security Bank. 01:01:54.840 --> 01:01:58.200 Atty. James Bryan Ibrahim A. Alih: Thank you. We needed some energy, sir. Thank you for that energy. 01:02:01.900 --> 01:02:10.100 Atty. James Bryan Ibrahim A. Alih: Branch banking group head. Branch banking group head. What are your primary functions and responsibilities? 01:02:10.920 --> 01:02:21.000 Leslie Y. Cham: I actually supervise the overall branch banking of the bank with regards to the distribution channel. So we are handling sales and service. 01:02:21.640 --> 01:02:27.330 Atty. James Bryan Ibrahim A. Alih: Okay. And how long have you been working in that capacity? 01:02:27.330 --> 01:02:28.250 Leslie Y. Cham: 18 years. 01:02:28.250 --> 01:02:38.150 Atty. James Bryan Ibrahim A. Alih: 18 years. Congratulations, sir. And before that, have you been a part of any other institution, banking institutions, or have you been with security bank? 01:02:38.550 --> 01:02:41.210 Leslie Y. Cham: Oh, I've been with other institution in the past. 01:02:41.310 --> 01:02:46.270 Atty. James Bryan Ibrahim A. Alih: And can you, for the record, just inform us? Konting ano po para malaman namin? 01:02:46.450 --> 01:02:58.720 Leslie Y. Cham: I started with the Citytrust Banking Corporation, then I moved to PCI Bank, and then to Standard Chartered Bank. Chinatrust, and Security Bank. 01:02:58.880 --> 01:03:18.040 Atty. James Bryan Ibrahim A. Alih: Alright. Certified banker, I guess. Sir, I just have a few questions on the ending balances of the Vice President. But could you confirm to the Honorable Court how many bank accounts does the Vice President and or her husband have with Security Bank? 01:03:18.580 --> 01:03:28.270 Leslie Y. Cham: Your Honor, based on our documents, Vice President Sara Duterte Does not maintain any account with security bank. 01:03:28.270 --> 01:03:28.730 Atty. James Bryan Ibrahim A. Alih: Okay. 01:03:29.980 --> 01:03:31.680 Atty. James Bryan Ibrahim A. Alih: How about Atty. Carpio? 01:03:31.860 --> 01:03:34.940 Leslie Y. Cham: Atty. Carpio has two accounts with us. 01:03:35.180 --> 01:03:39.100 Atty. James Bryan Ibrahim A. Alih: How many of those two accounts are still active? 01:03:39.100 --> 01:03:40.980 Leslie Y. Cham: Only one. 01:03:40.980 --> 01:03:47.880 Atty. James Bryan Ibrahim A. Alih: And are you in the position to confirm that this active account ends with the last digit 4534? 01:03:49.000 --> 01:03:51.000 Leslie Y. Cham: Can I take a look at the notes? 01:03:51.300 --> 01:03:55.870 Sen. Francis "Chiz" G. Escudero: You may, sir. Continuing authority is granted to the witness to look at his notes. 01:03:55.870 --> 01:03:57.030 Sen. Francis "Chiz" G. Escudero: Sir, what's the number again? 01:03:57.830 --> 01:04:00.350 Atty. James Bryan Ibrahim A. Alih: Last digit, 4534. 01:04:00.810 --> 01:04:13.910 Leslie Y. Cham: Okay. Yes, this is an account of a checking account, All Access, opened in October 22, 2020. Sorry, opened in, yeah, October 25, 2022. 01:04:14.450 --> 01:04:17.790 Atty. James Bryan Ibrahim A. Alih: Alright. But you mentioned that there are two active accounts, is that correct? 01:04:18.090 --> 01:04:20.120 Leslie Y. Cham: Yes. No, only one active account. 01:04:20.120 --> 01:04:20.640 Atty. James Bryan Ibrahim A. Alih: Only one. 01:04:20.660 --> 01:04:22.100 Leslie Y. Cham: The other one is already closed. 01:04:22.370 --> 01:04:23.210 Atty. James Bryan Ibrahim A. Alih: And this is a peso account? 01:04:23.630 --> 01:04:25.750 Leslie Y. Cham: That's correct. Both are peso accounts. 01:04:25.990 --> 01:04:26.830 Atty. James Bryan Ibrahim A. Alih: No foreign accounts? 01:04:27.130 --> 01:04:27.870 Leslie Y. Cham: No foreign accounts. 01:04:28.050 --> 01:04:28.290 Atty. James Bryan Ibrahim A. Alih: All right. 01:04:30.760 --> 01:04:51.070 Atty. James Bryan Ibrahim A. Alih: Allow me to ask questions on this account that you've identified under the name of the Vice President's husband, Atty. Manases Carpio. More particularly, just the ending balances, sir, if you can assist us on this. For 2022, sir, what is the ending balance of This account with last digits 4534. 01:04:52.060 --> 01:05:01.820 Leslie Y. Cham: As of December 20, 29, 2022, the ending balance is 25,074.34. 01:05:04.900 --> 01:05:16.260 Atty. James Bryan Ibrahim A. Alih: Thank you. I'm sorry I got distracted. For 2023, what is the ending balance of this account? 01:05:16.920 --> 01:05:24.540 Leslie Y. Cham: The ending balance of the December 2023 is 232,134.27. 01:05:25.080 --> 01:05:32.940 Atty. James Bryan Ibrahim A. Alih: Alright. And for 2024, sir, what is the ending balance for this account under the name of Atty. Carpio? 01:05:34.020 --> 01:05:37.440 Leslie Y. Cham: 344,388.90. 01:05:37.880 --> 01:05:48.550 Atty. James Bryan Ibrahim A. Alih: Alright. How about for 2025? What is the ending balance? of this account under the name of Atty. Manases R. Carpio. 01:05:49.350 --> 01:05:52.750 Leslie Y. Cham: 935,923.41. 01:05:53.090 --> 01:06:09.450 Atty. James Bryan Ibrahim A. Alih: Alright. I'm about to end, Mr. Witness, but would you be in the position to confirm to us if a certain entity such as an entity named Cale88 maintain foreign bank accounts with your bank? 01:06:11.760 --> 01:06:17.420 Atty. James Bryan Ibrahim A. Alih: Without saying the account number of course. Cale88. Are you in the 01:06:17.420 --> 01:06:18.560 Atty. James Bryan Ibrahim A. Alih: position to confirm? 01:06:18.560 --> 01:06:18.980 Leslie Y. Cham: No, 01:06:19.000 --> 01:06:20.840 Leslie Y. Cham: I'm not in the position to confirm 01:06:20.840 --> 01:06:22.600 Leslie Y. Cham: any FCDU account. 01:06:22.600 --> 01:06:28.400 Atty. James Bryan Ibrahim A. Alih: Alright. But that answer is based that you do not have the records now. Not because it's not there. 01:06:28.700 --> 01:06:30.340 Atty. Justin Nicol B. Gular: Objection, Your Honor. The witness has already 01:06:30.340 --> 01:06:31.020 Atty. Justin Nicol B. Gular: answered. Just clarifying, 01:06:31.120 --> 01:06:33.900 Atty. Justin Nicol B. Gular: Your Honor. That he cannot disclose on foreign currency deposit. 01:06:34.100 --> 01:06:35.040 Sen. Francis "Chiz" G. Escudero: Already answered, counsel. 01:06:35.400 --> 01:06:44.160 Atty. James Bryan Ibrahim A. Alih: We'll just move on, Your Honor. Yeah, that would be all from me, Sir Les. I thank you for your patience and for being here today. Thank you, Your Honor. 01:06:45.500 --> 01:06:47.020 Sen. Francis "Chiz" G. Escudero: Cross-Attorney Justin? 01:06:47.020 --> 01:06:48.320 Atty. Justin Nicol B. Gular: Nothing to cross-examine, Your Honor. 01:06:50.670 --> 01:06:54.790 Sen. Francis "Chiz" G. Escudero: The Senate President is recognized for his interjection. He has two minutes. 01:06:54.790 --> 01:06:55.510 Sen. Sherwin T. Gatchalian: Thank you. Thank 01:06:55.510 --> 01:07:47.680 Sen. Sherwin T. Gatchalian: you, Mr. President. Mr. Leslie, kahapon ang aming witness ay AMLAC. At nakita ko doon sa kanilang report ng security bank, nag-issue ng STRs. sa Cale88. One of the STRs na nabasa ko dito, nakasulat, 12 cash deposits amounting to total value of 29, hindi mabasa, will be filed through STRs as these pertain to the fresh funds are not commensurate with the declared financial profile of the customer. Can you explain to us, unang-una, bakit kayo nag-file ng STR? With this particular transaction, anong ibig sabihin o anong nakita niyo dito sa not commensurate with the declared financial profile of the customer? 01:07:48.400 --> 01:08:04.760 Leslie Y. Cham: Yeah, your honor. As advised by our legal counsel that if it's regards to the STR and CTR, I am not allowed to disclose any information pertaining to that. I think this is covered under the AL. 01:08:06.370 --> 01:08:09.810 Leslie Y. Cham: AMLC's confidential restriction. 01:08:11.070 --> 01:08:19.110 Sen. Sherwin T. Gatchalian: Nag, but do you know kung nag-file, kahapon lumabas, but do you confirm na nag-file kayo ng STR on Cale88? 01:08:19.510 --> 01:08:20.390 Leslie Y. Cham: I cannot confirm. 01:08:20.750 --> 01:08:31.240 Sen. Sherwin T. Gatchalian: And then there's another STR, actually multiple STR final ng security bank sa Cale88. Yung isa, 01:08:33.110 --> 01:08:50.490 Sen. Sherwin T. Gatchalian: Maraming nakasulat, but the main point here, however, the client failed to provide supporting documents and remained unresponsive to the request for clarification, which resulted to the bank being unable to validate the source and purpose of the transaction. Can you give us details on this? 01:08:50.730 --> 01:08:57.850 Leslie Y. Cham: Again, since this is not part of the subpoena of the STRCTR, I don't have any data to that, sir. 01:08:58.220 --> 01:09:03.720 Sen. Sherwin T. Gatchalian: You cannot give us information as to the reason why Security Bank filed the STRs? 01:09:03.720 --> 01:09:04.320 Leslie Y. Cham: I don't have right 01:09:04.320 --> 01:09:04.760 Leslie Y. Cham: now. 01:09:04.760 --> 01:09:04.900 Sen. Sherwin T. Gatchalian: Alright, 01:09:04.940 --> 01:09:05.140 Sen. Sherwin T. Gatchalian: thank 01:09:05.140 --> 01:09:05.300 Sen. Sherwin T. Gatchalian: you. 01:09:05.320 --> 01:09:06.000 Sen. Sherwin T. Gatchalian: Thank you, Mr. President. 01:09:06.780 --> 01:09:24.320 Sen. Francis "Chiz" G. Escudero: Thank you. The Chair confirms the answer of the witness in that regard that they are covered by the confidentiality rule on divulging submissions pertaining to CTRs and STRs as a covered institution. Senator Judge Pangilinan, sir, nice. 01:09:29.140 --> 01:09:55.610 Sen. Francis “Kiko” Pangilinan: Yes, earlier, good morning, Mr. Witness. Earlier, you mentioned that you are not allowed to disclose information regarding, as advised by your lawyer, of course, foreign currency deposits. And this is in reference to Cale88. Does Cale88 have a peso account with security bank? 01:09:56.760 --> 01:09:57.500 Leslie Y. Cham: Cale88? 01:09:59.720 --> 01:10:01.000 Leslie Y. Cham: Allow me to check. 01:10:01.000 --> 01:10:02.420 Sen. Francis “Kiko” Pangilinan: Yes, please. 01:10:02.420 --> 01:10:11.960 Leslie Y. Cham: Yes, it appears that Cale88 has two checking accounts but was closed already as of this point in time. 01:10:11.960 --> 01:10:13.320 Sen. Francis “Kiko” Pangilinan: So these are peso accounts? 01:10:13.580 --> 01:10:14.580 Leslie Y. Cham: It's a peso account. 01:10:14.580 --> 01:10:23.860 Sen. Francis “Kiko” Pangilinan: And therefore you can testify as to the transactions of the peso account in an impeachment trial? 01:10:23.860 --> 01:10:24.900 Leslie Y. Cham: Yeah, peso 01:10:24.900 --> 01:10:25.260 Leslie Y. Cham: account. 01:10:25.260 --> 01:10:25.660 Sen. Francis “Kiko” Pangilinan: When 01:10:25.660 --> 01:10:27.060 Sen. Francis “Kiko” Pangilinan: was it closed? 01:10:28.330 --> 01:10:32.830 Leslie Y. Cham: It closed on July 2026. 01:10:32.830 --> 01:10:34.790 Sen. Francis “Kiko” Pangilinan: Oh, just recently. 01:10:34.790 --> 01:10:39.840 Leslie Y. Cham: Because the account was only opened October 2025 also. 01:10:40.320 --> 01:10:50.180 Sen. Francis “Kiko” Pangilinan: Okay, so would you have figures as to the amounts of the peso account of Cale88 in your records? 01:10:50.180 --> 01:10:52.460 Leslie Y. Cham: The one that I only have 01:10:52.460 --> 01:10:53.420 Leslie Y. Cham: is the ending 01:10:53.420 --> 01:10:54.080 Leslie Y. Cham: balance. 01:10:54.080 --> 01:10:56.540 Sen. Francis “Kiko” Pangilinan: Yes. What was the ending balance when it was closed? 01:10:56.780 --> 01:11:19.790 Leslie Y. Cham: The ending balance is for the account of 2013 is 332,530.95 and the other account is 8581 is 21,164.27. Ending balance of December 2025. 01:11:20.830 --> 01:11:21.910 Leslie Y. Cham: The 01:11:21.910 --> 01:11:34.090 Leslie Y. Cham: first one is August 2024. The second one is October 2025. Both close at July 2026. 01:11:42.020 --> 01:11:43.980 Sen. Francis “Kiko” Pangilinan: Peso accounts from 2024. 01:11:44.720 --> 01:11:45.880 Leslie Y. Cham: Transaction reports. 01:11:46.080 --> 01:11:52.320 Sen. Francis “Kiko” Pangilinan: Meaning, you know, the withdrawals, the deposits. Would you have that? 01:11:52.940 --> 01:12:05.300 Leslie Y. Cham: Right now, I don't have because largely these are all system generated and I don't look into the day-to-day transaction of it. So, I was not able to have that transaction in place. 01:12:05.740 --> 01:12:21.900 Sen. Francis “Kiko” Pangilinan: Well, we will leave that to the lawyers. or maybe later on, the court. But it would be interesting to know, you know, the bank transactions undertaken by the Cale88 from 2024 and 2025. 01:12:23.600 --> 01:13:08.980 Sen. Francis “Kiko” Pangilinan: Because that was, at that, when it was opened, Vice President was already Vice President. And when it was closed, of course, 2026. So from 2024 to 2025 to 2026. It would be interesting to get the information as to the amounts that went in and out, considering that in the AMLA report, about 319 million pesos went in for transactions from China. We don't know if that was through the peso account or if that was through the dollar account, of course, but that would be... something that is worthy of looking into. 01:13:08.980 --> 01:13:09.440 Sen. Francis "Chiz" G. Escudero: With 01:13:09.440 --> 01:13:22.380 Sen. Francis "Chiz" G. Escudero: the permission of Senator Judge Pangilinan and Senator Judge Aquino, kindly complete it already, Mr. Les. 2024 ending balance of the account of Cale88, you only gave 2025. 01:13:22.380 --> 01:13:22.720 Leslie Y. Cham: Okay. 01:13:23.620 --> 01:13:40.640 Leslie Y. Cham: For the 2013, 2024 is 332,530.95 and for December 2029, 2025 is 16,987.59. 01:13:40.640 --> 01:13:41.160 Sen. Francis "Chiz" G. Escudero: For 2024, 01:13:41.540 --> 01:13:43.060 Sen. Francis "Chiz" G. Escudero: ending balance? 01:13:43.060 --> 01:13:48.020 Leslie Y. Cham: No 2024 since the account was actually just opened. 01:13:48.380 --> 01:13:51.020 Sen. Francis "Chiz" G. Escudero: So, you only have one ending balance which is 2025? 01:13:51.300 --> 01:13:52.460 Leslie Y. Cham: 2024 and 2025. 01:13:53.300 --> 01:13:53.520 Sen. Francis "Chiz" G. Escudero: Okay. 01:13:53.620 --> 01:13:54.060 Sen. Francis "Chiz" G. Escudero: Senator 01:13:54.060 --> 01:13:54.800 Sen. Francis "Chiz" G. Escudero: Judge Bam Aquino 01:13:54.800 --> 01:13:55.100 Sen. Francis "Chiz" G. Escudero: is recognized. 01:14:00.530 --> 01:14:47.240 Sen. Paolo Benigno “Bam” Aquino: Maraming salamat, Mr. Presiding Officer. Magandang araw, Mr. Witness. Since na-bring up na rin po ni Senator Pangilinan yung Is it Kale or Kale88? Kale88 or Kale88? Naalala ko, dun sa pinakitang suspicious transactions ng AMLA, nakalagay doon na naging suspicious siya dahil no economic justification. So, can you explain to me what does that mean? No economic, not necessarily on this account, but in general, when does... A transaction becomes suspicious and when do you attach the terminology no economic justification? Ano pong ibig sabihin nun? 01:14:47.400 --> 01:15:05.020 Leslie Y. Cham: If we have actually a huge transaction coming in or the deposit, then normally we ask for a proof of source of income or where it come from. So I think that's where the proof should be obtained by the 01:15:05.020 --> 01:15:05.970 Leslie Y. Cham: client. 01:15:05.970 --> 01:15:17.690 Sen. Paolo Benigno “Bam” Aquino: And that's standard for all transactions with other countries? Humihingi tayo ng, is that a contract? Anong dokumento po yung hinihingi po ninyo dyan? 01:15:18.010 --> 01:15:39.090 Leslie Y. Cham: It depends. So if it's a, let's say, it's a transaction, it's a sales of property, then we ask for the deed of sale and the contract of lease or contract of sale. So those are the documents that we look. and to make sure that the account or the money that you are going to deposit is legit. 01:15:39.390 --> 01:15:46.210 Sen. Paolo Benigno “Bam” Aquino: Okay. And in the case of exporters or food manufacturers, it would be a contract? 01:15:46.210 --> 01:15:47.750 Leslie Y. Cham: That's correct. Type finance 01:15:47.750 --> 01:15:50.230 Leslie Y. Cham: contract or a sales invoice in that level. 01:15:50.410 --> 01:15:59.150 Sen. Paolo Benigno “Bam” Aquino: Is that a requirement? Just to check, sir, is that a legal requirement? Is that a bank requirement? Is that an AMLA requirement? 01:15:59.150 --> 01:16:02.480 Leslie Y. Cham: It's really a bank requirement and industry requirement. 01:16:02.480 --> 01:16:09.080 Sen. Paolo Benigno “Bam” Aquino: Okay, so hindi naman siya iligal kung wala kang ibigay na kontrata? Is that correct? 01:16:09.080 --> 01:16:10.780 Leslie Y. Cham: No. Actually, we 01:16:10.780 --> 01:16:13.340 Leslie Y. Cham: don't transact without any documents. 01:16:13.800 --> 01:16:27.690 Sen. Paolo Benigno “Bam” Aquino: Oh, but, well, in this case, nakalagay no economic justification. So, ibig sabihin nun, walang dokumento. So, paano nakapasok po yung pera kung wala po mga dokumento? 01:16:28.950 --> 01:16:39.080 Leslie Y. Cham: In this case, actually, I don't have the details, sir. So, maybe I would like to just take a look at it on your question with regards to that particular 01:16:39.080 --> 01:16:40.940 Leslie Y. Cham: question. 01:16:40.940 --> 01:16:52.200 Sen. Paolo Benigno “Bam” Aquino: Okay, so can I repeat that? So, in a usual case na merong kumpanya magbibenta ng produkto sa ibang bansa, bago pumasok yung pera, humiingi po kayo ng... 01:16:52.200 --> 01:16:57.200 Leslie Y. Cham: Proof of payments or proof of remittance. 01:16:57.200 --> 01:17:01.170 Sen. Paolo Benigno “Bam” Aquino: And if no proof is given, you do not accept the remittance? 01:17:01.170 --> 01:17:02.700 Leslie Y. Cham: Yes. We don't accept. 01:17:03.000 --> 01:17:03.600 Sen. Paolo Benigno “Bam” Aquino: But 01:17:03.600 --> 01:17:06.820 Sen. Paolo Benigno “Bam” Aquino: there are cases na pumapasok ito kahit walang dokumento? 01:17:09.070 --> 01:17:13.130 Sen. Paolo Benigno “Bam” Aquino: No, no, sir. Usually, we actually return the money. 01:17:14.990 --> 01:17:17.570 Sen. Paolo Benigno “Bam” Aquino: Was the money returned in the case? 01:17:17.570 --> 01:17:19.810 Leslie Y. Cham: I don't have the figure, sir. 01:17:19.810 --> 01:17:34.340 Sen. Paolo Benigno “Bam” Aquino: Okay. So ang sinasabi ninyo, hindi pwede makapasok yung pera kung walang dokumento. But coming from the witnesses the other day and with your testimony today, mukhang wala naman pong dokumento. Paano nangyari ho yun? 01:17:34.340 --> 01:17:34.800 Leslie Y. Cham: So 01:17:34.800 --> 01:17:45.040 Leslie Y. Cham: I cannot actually determine right now to your question sir because I don't want to speculate of what had happened because I'm not also clear wherein the money is returned or retained. 01:17:45.360 --> 01:18:09.850 Sen. Paolo Benigno “Bam” Aquino: Okay. In the case where no documents were provided and ginawang suspicious transaction, how do you reckon that in your bank, in security bank, Mr. Witness? Ang tingin nyo ba doon ay mali? Irregular? Dapat bang i-resign? I'm not sure what the terms are but ano hung determination ninyo kapag may transaction na ganoon? 01:18:09.850 --> 01:18:10.230 Leslie Y. Cham: Sir, 01:18:10.370 --> 01:18:22.090 Leslie Y. Cham: if there is any doubt of certain transaction, we actually, the frontliner, refer it to our compliance office and they will determine and to help us decide whether this is illegal 01:18:22.090 --> 01:18:23.130 Leslie Y. Cham: or not. 01:18:23.130 --> 01:18:40.970 Sen. Paolo Benigno “Bam” Aquino: Last question, and in this case... For the transaction na matagal na pag-uusapan dito na may pumasok na pera galing sa Chinese companies, was there any determination on security bank's part that this should be brought up to the compliance office or checked again? 01:18:40.970 --> 01:18:41.670 Leslie Y. Cham: Yes. 01:18:41.670 --> 01:18:42.670 Sen. Paolo Benigno “Bam” Aquino: It was? 01:18:42.670 --> 01:18:43.370 Leslie Y. Cham: It was. 01:18:43.370 --> 01:18:44.210 Sen. Paolo Benigno “Bam” Aquino: Alright. Salamat po. 01:18:44.950 --> 01:19:21.360 Sen. Francis "Chiz" G. Escudero: Thank you, Sen. Judge Aquino. While we are on this point, Chair instructs the Clerk of Court. Clerk of Court, to distribute the document information requested by Senator Judge Zubiri yesterday on the names of the companies from the various European companies that were part of the CTRs and STRs. The additional requests, Senator Judge Zubiri, for the mainland China and Hong Kong companies are still being processed since that request was made belatedly. Senator Judge Tulfo, will you make an interjection? 01:19:22.930 --> 01:19:23.550 Sen. Raffy T. Tulfo: Yes, sir. 01:19:23.550 --> 01:19:25.650 Sen. Francis "Chiz" G. Escudero: You are recognized, sir. You may proceed when you're ready. 01:19:37.140 --> 01:19:53.960 Sen. Raffy T. Tulfo: Mr. Witness, kanina nasabi mo kay Senator Judge Kiko Pangilinan yung ending balance ng peso account ng [unclear], right, noong 2024. Pakiulit? 01:19:53.960 --> 01:20:02.050 Leslie Y. Cham: Okay. The 2024 is 332,530.95. 01:20:05.890 --> 01:20:20.450 Sen. Raffy T. Tulfo: Pero dito sa forensic report, it says 40,138,520 in 2024. Mukhang hindi ata nagtatali. 01:20:20.450 --> 01:20:21.570 Leslie Y. Cham: Sir, 01:20:23.000 --> 01:20:32.640 Leslie Y. Cham: I actually am mentioning the amount. Based on our bank records, sir. So I don't have any idea about that 40 million. 01:20:33.020 --> 01:20:35.600 Sen. Raffy T. Tulfo: No, it's an ending balance, Mr. Les. 01:20:35.600 --> 01:20:35.820 Leslie Y. Cham: Yeah, 01:20:35.900 --> 01:20:40.780 Leslie Y. Cham: the ending balance of what we have is 332,530. 01:20:41.120 --> 01:20:48.460 Sen. Francis "Chiz" G. Escudero: Not what was maintained in the account in the course of the year or what entered in the account in the course of the year. Would that be correct, Mr. Les? 01:20:49.880 --> 01:20:51.400 Leslie Y. Cham: Yes, this is the ending balance. 01:20:51.480 --> 01:20:52.680 Sen. Raffy T. Tulfo: The ending balance. 01:20:53.570 --> 01:21:05.730 Sen. Raffy T. Tulfo: So, itong 40,138,000, ito yung pumasok at lumabas na pera sa account ng Kale or Kale88 for the year 2024. Am I right? 01:21:06.760 --> 01:21:08.500 Leslie Y. Cham: Let me just check it. 01:21:08.540 --> 01:21:09.900 Sen. Raffy T. Tulfo: Ito ba yung nagja-jag sa records mo? 01:21:11.880 --> 01:21:12.520 Leslie Y. Cham: Transaction. 01:21:31.470 --> 01:21:42.280 Leslie Y. Cham: Yeah, the transaction record shows in 2024. Yes, it's talking about 40,138,000. 766.28 01:21:42.280 --> 01:21:43.100 Sen. Raffy T. Tulfo: Exactly. 01:21:43.460 --> 01:21:47.800 Sen. Raffy T. Tulfo: So yan yung pumasok at tumabas na pera. Ang 01:21:47.800 --> 01:21:52.300 Leslie Y. Cham: lumabas is 40,001,101.79 Ang 01:21:52.300 --> 01:21:59.340 Sen. Raffy T. Tulfo: lumabas. Ang pumasok total for the year 2024, how much? From January to December 2024? 01:21:59.340 --> 01:21:59.680 Leslie Y. Cham: 40 01:21:59.680 --> 01:22:03.380 Leslie Y. Cham: ,001,101.79 01:22:03.380 --> 01:22:03.740 Sen. Raffy T. Tulfo: Yung 01:22:03.740 --> 01:22:04.200 Sen. Raffy T. Tulfo: pumasok. 01:22:04.200 --> 01:22:04.680 Leslie Y. Cham: Ang 01:22:04.680 --> 01:22:05.320 Leslie Y. Cham: lumabas. 01:22:05.320 --> 01:22:05.460 Sen. Raffy T. Tulfo: Ang 01:22:05.460 --> 01:22:06.660 Sen. Raffy T. Tulfo: lumabas 40 million. 01:22:06.660 --> 01:22:06.840 Leslie Y. Cham: Yes. 01:22:06.840 --> 01:22:08.500 Sen. Raffy T. Tulfo: Ang total pumasok 01:22:08.920 --> 01:22:12.540 Leslie Y. Cham: 40,138,766.28. 01:22:12.680 --> 01:22:13.600 Sen. Raffy T. Tulfo: So halos parehas lang. 01:22:13.600 --> 01:22:13.920 Leslie Y. Cham: Yes. 01:22:13.920 --> 01:22:15.880 Sen. Raffy T. Tulfo: Okay. Sa 01:22:15.880 --> 01:22:17.200 Sen. Raffy T. Tulfo: 2025? 01:22:21.060 --> 01:22:29.350 Leslie Y. Cham: Sa 2025, ang pumasok is 6,265,915.66. 01:22:29.830 --> 01:22:31.510 Sen. Raffy T. Tulfo: Yan yung total? Pumasok at lumabas? 01:22:31.510 --> 01:22:31.870 Leslie Y. Cham: Yes, pumasok na 01:22:31.870 --> 01:22:32.070 Leslie Y. Cham: total. 01:22:32.490 --> 01:22:33.410 Sen. Raffy T. Tulfo: Okay, sige. Last na 01:22:33.410 --> 01:22:33.970 Sen. Raffy T. Tulfo: naman, Mr. Witness. 01:22:34.230 --> 01:22:39.490 Sen. Raffy T. Tulfo: Now, alimbawa may nag-deposit sa account. 01:22:41.160 --> 01:22:48.020 Sen. Raffy T. Tulfo: Peso account ng Cale88 na say 5 million. Ano yung protocol ninyo? 01:22:49.760 --> 01:22:51.340 Leslie Y. Cham: 5 million ang pumasok. 01:22:51.340 --> 01:22:56.660 Sen. Raffy T. Tulfo: Example, example lang. Just an example. Anong mga hinihingi nyo documents? 01:22:57.340 --> 01:23:14.980 Leslie Y. Cham: In this case, we also look into some supporting documents to prove of that 5 million came from. Because importante kasi we look at the also the source of funds coming in. So we actually also ask from the client any supporting documents. 01:23:15.360 --> 01:23:22.620 Sen. Raffy T. Tulfo: E paano kung wala yung client at tumahog yung manager niyo, tumahog yung vice president ng bank, papasukin mo na yan. Kami ng bahala. 01:23:22.900 --> 01:23:33.680 Leslie Y. Cham: We don't do that. In fact, if there is any ambiguity on that, we always refer it to the compliance office to make the final judgment on that. 01:23:33.960 --> 01:23:40.100 Sen. Raffy T. Tulfo: So meron yung isang department doon who will Come up with a final judgment whether or not to accept the deposit. 01:23:40.380 --> 01:23:41.300 Leslie Y. Cham: Yes, to determine 01:23:41.300 --> 01:23:41.680 Leslie Y. Cham: that 01:23:41.680 --> 01:23:43.940 Leslie Y. Cham: and give the recommendation. 01:23:44.520 --> 01:23:51.540 Sen. Raffy T. Tulfo: Wala ba kayong pulis yan na sige tangkapin na muna yan and then later on saka natin to follow na lang yung mga documents needed? 01:23:51.540 --> 01:23:51.780 Leslie Y. Cham: No, 01:23:51.840 --> 01:23:52.240 Leslie Y. Cham: we 01:23:52.240 --> 01:23:53.020 Leslie Y. Cham: are very strict 01:23:53.020 --> 01:23:55.200 Leslie Y. Cham: on the KYs in the compliance, 01:23:55.260 --> 01:23:55.560 Leslie Y. Cham: sir. 01:23:55.960 --> 01:23:58.820 Sen. Raffy T. Tulfo: Thank you, Mr. Witness. Salamat po, Mr. Presiding Officer. 01:23:59.280 --> 01:24:04.780 Sen. Francis "Chiz" G. Escudero: Thank you, Senator Judge Raffy Tulfo. Senator Judge Lacson is recognized. You may proceed, sir. You have two minutes. 01:24:04.780 --> 01:24:05.180 Sen. Panfilo “Ping” M. Lacson: Thank you, sir. 01:24:05.620 --> 01:24:35.380 Sen. Panfilo “Ping” M. Lacson: This is a point of clarification or information, I mean. What kind of account is, yeah, this is security bank account, no? 0392-J29380-001. I ask the question because it appears to differ from the account number that you testified to earlier. Kasi itong kanina, is this a checking account yung ending in 4534? that we were discussing earlier. 01:24:35.580 --> 01:24:36.860 Leslie Y. Cham: That's correct, sir. Are you referring 01:24:36.860 --> 01:24:39.460 Leslie Y. Cham: to Manases Carpio account? 01:24:39.460 --> 01:24:53.960 Sen. Panfilo “Ping” M. Lacson: Just the number, the pattern. Now, there's another account. Merong letter kasi eh, J. The account number, if you're familiar, and I would like to ask, anong klaseng account ito? 01:24:53.960 --> 01:24:55.660 Leslie Y. Cham: It's a checking account. 01:24:55.660 --> 01:24:56.000 Sen. Panfilo “Ping” M. Lacson: No, no, no. 01:24:57.810 --> 01:25:02.780 Sen. Panfilo “Ping” M. Lacson: 0392-J29380. 01:25:05.100 --> 01:25:07.900 Sen. Panfilo “Ping” M. Lacson: Dash001. Iba po yung pattern kaya ako natanong. 01:25:07.900 --> 01:25:23.280 Leslie Y. Cham: Actually, it's just referring to just one account. The first account is an internal, we call it the BBN account of the client but the real account number is the 50494534. 01:25:24.480 --> 01:25:33.300 Sen. Panfilo “Ping” M. Lacson: How about the 0392J293? Something. The one that I mentioned. What kind of account is that? Is it savings? 01:25:33.300 --> 01:25:34.320 Leslie Y. Cham: Checking. 01:25:34.320 --> 01:25:37.080 Sen. Panfilo “Ping” M. Lacson: Checking also. Why is the pattern different? 01:25:39.130 --> 01:25:50.590 Sen. Panfilo “Ping” M. Lacson: Pattern? Because this verse that you testified to earlier, wala pong letter. The account that I mentioned, meron pong letter J. 01:25:50.790 --> 01:26:10.910 Leslie Y. Cham: Yun may letter J is an internal number namin ng clients. But the real account number of the client is the one that I testified with the 4534. So, we're just showing lang. But these are two numbers with just one account. 01:26:10.910 --> 01:26:12.910 Sen. Panfilo “Ping” M. Lacson: How's that? Can you explain further? 01:26:12.910 --> 01:26:40.450 Leslie Y. Cham: Okay. The 0392 na sinasabong J29380001 is the customer ID of the client. So the customer ID is just one. But the client can have multiple accounts using only one customer ID. So the one with the J is the customer ID. And the one that was with the 4534 is the 01:26:47.790 --> 01:27:01.050 Sen. Panfilo “Ping” M. Lacson: I'm just curious because it is stated here sa fund flow analysis merong 5.3 million in fund transfers from a certain Dio Zambrano 01:27:01.050 --> 01:27:02.310 Sen. Panfilo “Ping” M. Lacson: and 01:27:02.310 --> 01:27:16.380 Sen. Panfilo “Ping” M. Lacson: Adam Anthony Cabe III. Wala naman pong Manases Carpio. or Vice President Sara Zimmerman-Duterte. So, paano naging isang account lang yun? Eh, different persons. 01:27:17.120 --> 01:27:21.980 Leslie Y. Cham: Carpio. Actually, I, sorry, sir, I'm not sure about the account. 01:27:21.980 --> 01:27:22.360 Sen. Panfilo “Ping” M. Lacson: Anyway, 01:27:22.360 --> 01:27:24.340 Sen. Panfilo “Ping” M. Lacson: thank you. You answered my question. Thank you very much, sir. 01:27:25.650 --> 01:27:30.190 Sen. Francis "Chiz" G. Escudero: Senator Judge Pangilinan, let's recognize. You have two minutes, sir. 01:27:30.190 --> 01:27:30.670 Sen. Francis “Kiko” Pangilinan: Good 01:27:30.670 --> 01:27:50.120 Sen. Francis “Kiko” Pangilinan: morning again, sir. Earlier, I asked about Philip Peso. accounts for Cale88 in your bank. Do you have peso accounts for the corporation GenCorp? 01:27:50.120 --> 01:27:51.440 Leslie Y. Cham: Yes, sir. 01:27:51.440 --> 01:27:59.140 Sen. Francis “Kiko” Pangilinan: Okay. May we know the ending balance of GenCorp? How many accounts? Peso accounts? 01:28:00.990 --> 01:28:02.170 Leslie Y. Cham: Eight accounts. 01:28:02.170 --> 01:28:06.490 Sen. Francis “Kiko” Pangilinan: Eight. Okay. How many... And 01:28:06.810 --> 01:28:08.720 Sen. Francis “Kiko” Pangilinan: these accounts were opened when? 01:28:08.720 --> 01:28:33.650 Leslie Y. Cham: Okay, the first account was opened in October 2020, the second account opened in November 2020, the third account is in March 2021, then the fourth one is March 2021, then August 2023, then January 2025, then August 2025, and November 2025. 01:28:33.650 --> 01:28:33.870 Sen. Francis “Kiko” Pangilinan: August 01:28:33.870 --> 01:28:34.890 Sen. Francis “Kiko” Pangilinan: 2025? 01:28:34.890 --> 01:28:35.530 Leslie Y. Cham: Yes. 01:28:35.530 --> 01:28:37.210 Sen. Francis “Kiko” Pangilinan: And November 2025? 01:28:37.210 --> 01:28:38.090 Leslie Y. Cham: That's correct. 01:28:38.090 --> 01:28:38.670 Sen. Francis “Kiko” Pangilinan: Okay. 01:28:40.510 --> 01:28:44.010 Sen. Francis “Kiko” Pangilinan: So these are eight accounts, GenCorp. 01:28:45.540 --> 01:28:51.880 Sen. Francis “Kiko” Pangilinan: Would you have ending balances for 2025? Are they all active? 01:28:51.880 --> 01:28:54.240 Leslie Y. Cham: Yes, sir. It's all active. 01:28:54.240 --> 01:28:54.620 Sen. Francis “Kiko” Pangilinan: Up to now? 01:28:54.880 --> 01:28:55.300 Leslie Y. Cham: Yes, sir. 01:28:55.420 --> 01:28:59.760 Sen. Francis “Kiko” Pangilinan: Okay. So would you have the ending balance of 2022, 01:29:01.480 --> 01:29:03.900 Sen. Francis “Kiko” Pangilinan: 2023, and 2024, and 2025? 01:29:04.560 --> 01:29:58.380 Leslie Y. Cham: Yes, sir. For the account of 6890, December 2022, 7,881,829.18. For 2023 is 10,674,113.05. 2024 is 9,044,516.71. Then 2025 is 3,279,422.28. The second account which is a 7044. 2022 is 2,276,435.05. December 2023 is 3,116,258.02. 01:30:00.000 --> 01:30:44.670 Leslie Y. Cham: 2024 is 4,547,203.46. Then 2025 is 2,372,195. Third account is 7204. 2023, we don't have the number in 2022. 2023 is 3,181,032.06. 2024 ending is 5,053,327.02. Then 2025 is 4,138,640.05. The fourth account is... 01:30:44.670 --> 01:30:44.810 Sen. Francis “Kiko” Pangilinan: How 01:30:44.810 --> 01:30:49.510 Sen. Francis “Kiko” Pangilinan: much was that, the last one? 2025 is... 01:30:49.510 --> 01:30:54.390 Leslie Y. Cham: 4,138,640.65. 01:30:55.910 --> 01:30:58.530 Leslie Y. Cham: The next account is 7215 01:30:58.540 --> 01:31:06.560 Sen. Francis “Kiko” Pangilinan: Which number, account number 8, 9, I mean, sorry, 7, 8. You said there are 8 accounts. 01:31:06.560 --> 01:31:08.560 Leslie Y. Cham: [unclear] mentioned 10 accounts. 01:31:08.560 --> 01:31:09.800 Sen. Francis "Chiz" G. Escudero: We're only on the 4th account. 01:31:09.800 --> 01:32:16.480 Leslie Y. Cham: The fourth account is 7215 2022 14,593,620.72 2023 is 15,658,349.55 2024 is 11,301,205.63 I don't have the figure of the 2025 right now. Then the fifth account is 6022 Starting in 2023 501,390.50 Then 2024 is one million five hundred six hundred forty-two point thirty-one Then December 2025 is 1,501,492.75 Then the next account which is 2772. 01:32:18.290 --> 01:32:35.530 Leslie Y. Cham: Since this account is open only in 2025, I have only 2025 ending balance which is 3,189,501.58. And the next account is 18336. 01:32:39.530 --> 01:32:54.170 Leslie Y. Cham: 2025 is 18,656.16. And the last account Right now is 9710 is zero balance. 01:32:55.350 --> 01:32:57.050 Sen. Francis “Kiko” Pangilinan: Okay. These are all ending. 01:32:57.050 --> 01:32:58.310 Leslie Y. Cham: Yes, that's correct. 01:32:58.310 --> 01:33:01.370 Sen. Francis “Kiko” Pangilinan: Okay. Thank you. Thank you very much. 01:33:04.600 --> 01:33:15.540 Sen. Francis "Chiz" G. Escudero: Thank you. Mr. Les, salamat po sa inyong panahon at pag-testigo at pag-sagot sa mga katanungan. Salamat din po at pasensya sa abala sa inyong kooperasyon sa hukuman ito. You're excused, sir. 01:33:15.540 --> 01:33:16.240 Leslie Y. Cham: Thank you, sir. 01:33:18.230 --> 01:33:24.450 Sen. Francis "Chiz" G. Escudero: Kindly situate the next witness to confirm Mr. Julius, sorry, Mr. Marwin Galvez of BBI. 01:33:24.750 --> 01:33:38.170 Atty. James Bryan Ibrahim A. Alih: Your Honor, at this point, I hope you'll allow it. Can we ask for a short break, Your Honor? Because we will be starting with BPI now, Your Honor. To be followed by PNB and BDO. 01:33:39.200 --> 01:33:42.000 Sen. Francis "Chiz" G. Escudero: So what's the significance, Counsel, if we're starting with BPI? 01:33:42.580 --> 01:33:43.940 Atty. James Bryan Ibrahim A. Alih: Just so I can... 01:33:46.110 --> 01:33:51.170 Atty. James Bryan Ibrahim A. Alih: Collect my thoughts, Your Honor, because I have been presenting the fifth bank today, Your Honor. 01:33:51.470 --> 01:33:55.740 Sen. Francis "Chiz" G. Escudero: So, kailangan may laman yung tiyan mo para patuloy na... 01:33:55.740 --> 01:33:56.680 Atty. James Bryan Ibrahim A. Alih: Without 01:33:56.680 --> 01:33:58.180 Atty. James Bryan Ibrahim A. Alih: having said that, Your Honor, yes. 01:33:59.880 --> 01:34:00.360 Sen. Francis "Chiz" G. Escudero: Just 01:34:03.620 --> 01:34:21.450 Sen. Francis "Chiz" G. Escudero: asking if lunch is already available to everyone. We can pause for an early lunch. So, we pause for an early lunch. We resume at 12.30. With the Bank of the Philippine Islands and continue as far as we can go for today. 01:34:22.200 --> 01:34:23.100 Atty. James Bryan Ibrahim A. Alih: Thank you, Your Honor. 01:34:23.680 --> 01:34:27.700 Sen. Francis "Chiz" G. Escudero: We are in recess and we shall resume at 12.30 in the afternoon. 03:05:14.470 --> 03:05:23.060 Sen. Francis "Chiz" G. Escudero: The clerk of court through the OSHA is directed to kindly situate Mr. Marwin Galvez to the witness stand, the representative of BPI. 03:05:34.460 --> 03:05:36.920 Sen. Francis "Chiz" G. Escudero: The clerk is directed to administer the oath to the witness. 03:05:42.520 --> 03:05:57.430 Atty. Renato N. Bantug Jr.: Sir, please raise your right hand. You, Marwin Galvez, do swear that the evidence that you will give in the case now pending between the Philippines and Vice President Saira General Amanda Terte shall be the truth, the whole truth, and nothing but the truth. So I help you God. 03:05:58.100 --> 03:05:59.880 Marwin L. Galvez: Yes, I do. 03:05:59.880 --> 03:06:04.210 Sen. Francis "Chiz" G. Escudero: Pwede ko po kayong tawaging Marwin o may mas maiklibang pangalan? 03:06:04.210 --> 03:06:06.270 Marwin L. Galvez: May call me Mau, Your Honor. 03:06:06.270 --> 03:06:06.670 Sen. Francis "Chiz" G. Escudero: Mau? 03:06:09.480 --> 03:06:19.470 Sen. Francis "Chiz" G. Escudero: Kanya-kanya talaga yan eh. Mr. Mau, naunawaan niyo po ba yung inyong pinanumpaan kaugnay sa pagbibigay niyo ng inyong testimonya sa hukumang ito? 03:06:19.470 --> 03:06:21.290 Marwin L. Galvez: Apo, Your Honor. 03:06:21.290 --> 03:06:22.030 Sen. Francis "Chiz" G. Escudero: Offer, Atty. 03:06:22.130 --> 03:06:24.290 Sen. Francis "Chiz" G. Escudero: James, I guess it's still going to be you, Atty. Justin? 03:06:24.290 --> 03:06:30.070 Atty. Justin Nicol B. Gular: No, Your Honor. May I request that my co-counsel, Atty. Michael Wesley, Poa, be recognized, Your Honor. 03:06:30.270 --> 03:06:32.490 Sen. Francis "Chiz" G. Escudero: So it's going to be Mike. 03:06:32.490 --> 03:06:34.190 Atty. Justin Nicol B. Gular: Thank you, Your Honor. 03:06:34.190 --> 03:06:35.750 Sen. Francis "Chiz" G. Escudero: Good afternoon, Attorney Mike. 03:06:35.750 --> 03:06:35.950 Atty. Michael Wesley Poa: Good 03:06:35.950 --> 03:06:36.630 Atty. Michael Wesley Poa: afternoon, Your Honors. 03:06:37.950 --> 03:06:39.510 Sen. Francis "Chiz" G. Escudero: Offer, Attorney James. 03:06:39.510 --> 03:06:44.810 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. We will adopt the same offer. However, may I just add two more, Your Honor. 03:06:44.810 --> 03:06:45.710 Sen. Francis "Chiz" G. Escudero: You may proceed. 03:06:45.710 --> 03:06:59.890 Atty. James Bryan Ibrahim A. Alih: The witness, aside from what was already stated, the witness is going to be presented in order to establish a transaction involving more than 90 million pesos. 03:07:01.760 --> 03:07:16.750 Atty. James Bryan Ibrahim A. Alih: involving the accounts in BPI and involving the respondent and another 80 million pesos of purchases in insurance products, your honor. 03:07:17.760 --> 03:07:20.100 Sen. Francis "Chiz" G. Escudero: Attorney Mike? 03:07:20.100 --> 03:07:21.100 Atty. Michael Wesley Poa: Your 03:07:21.100 --> 03:07:26.600 Atty. Michael Wesley Poa: honors, may we inquire from the honorable and distinguished prosecutor? Who 03:07:26.600 --> 03:07:29.240 Atty. Michael Wesley Poa: the parties would be in these transactions? 03:07:29.240 --> 03:07:30.840 Atty. James Bryan Ibrahim A. Alih: The parties would involve... 03:07:30.840 --> 03:07:32.580 Atty. Michael Wesley Poa: Sorry, and also the dates, thank you. 03:07:32.620 --> 03:07:56.780 Atty. James Bryan Ibrahim A. Alih: Gladly, Your Honor. The parties would involve the Vice President, Sara Duterte, Your Honor, and Rodrigo Roa Duterte, involving their accounts that are joint, that are maintained in BPI. That would be... The dates would be... would run around 2011 to 2014, thereabouts, Your Honor. 03:07:57.520 --> 03:08:16.240 Atty. Michael Wesley Poa: Well, comment, Your Honor. Your Honor, first of all, we'd like to ensure that these are called alleged transactions. Secondly, additional objection, same comments and objection with additional objection as to former President Rodrigo Roa Duterte as he is not an impeachable officer, Your Honor. 03:08:17.680 --> 03:08:28.800 Sen. Francis "Chiz" G. Escudero: Noted, counsel. However, there is a joint account. Hopefully, we will be enlightened from Mr. Mao. Exactly what that means, either in direct or during cross. 03:08:29.080 --> 03:08:29.680 Atty. Michael Wesley Poa: We submit, Your Honor. 03:08:30.220 --> 03:08:34.240 Sen. Francis "Chiz" G. Escudero: You may proceed with your direct examination, Attorney James. 03:08:34.240 --> 03:08:34.640 Atty. James Bryan Ibrahim A. Alih: Thank 03:08:34.640 --> 03:08:37.380 Atty. James Bryan Ibrahim A. Alih: you, Your Honor. Good morning, Sir Mao. 03:08:38.160 --> 03:08:38.860 Marwin L. Galvez: Good morning, 03:08:38.960 --> 03:08:39.220 Marwin L. Galvez: Sir. 03:08:39.560 --> 03:08:40.580 Atty. James Bryan Ibrahim A. Alih: Good afternoon, rather. 03:08:40.760 --> 03:08:41.220 Marwin L. Galvez: Sir, 03:08:43.720 --> 03:08:51.080 Atty. James Bryan Ibrahim A. Alih: for the record, could you... Provide us your full name and your current designation with BPI, please. 03:08:51.620 --> 03:08:59.560 Marwin L. Galvez: Yes, sir. Your Honor, I am Marwin L. Galvez. I'm currently the division head for Central Metro Manila branches. 03:09:00.060 --> 03:09:05.440 Atty. James Bryan Ibrahim A. Alih: And as the division head, what is your primary functions and responsibilities? 03:09:06.440 --> 03:09:17.160 Marwin L. Galvez: Primary function and responsibilities is to oversee day-to-day business and operations of about 111 branches under my authority. 03:09:17.700 --> 03:09:22.980 Atty. James Bryan Ibrahim A. Alih: 111 branches and that would spread across the country or just a particular territorial region? 03:09:23.300 --> 03:09:26.740 Marwin L. Galvez: Basically, we call it the central part of Metro Manila. 03:09:26.940 --> 03:09:32.160 Atty. James Bryan Ibrahim A. Alih: Alright. And as part of Central Manila, is that right? 03:09:32.320 --> 03:09:33.260 Marwin L. Galvez: That's correct, sir. 03:09:33.340 --> 03:09:35.860 Atty. James Bryan Ibrahim A. Alih: And that would include, say for example, Green Hills? 03:09:36.640 --> 03:09:37.660 Marwin L. Galvez: That's correct, sir. 03:09:37.860 --> 03:09:42.570 Atty. James Bryan Ibrahim A. Alih: Say for example, Julia Vargas? 03:09:43.470 --> 03:09:44.810 Marwin L. Galvez: That's correct, sir. 03:09:45.360 --> 03:09:46.720 Atty. James Bryan Ibrahim A. Alih: and some others, I guess. 03:09:47.600 --> 03:09:48.240 Marwin L. Galvez: Yes, sir. 03:09:49.220 --> 03:09:53.860 Atty. James Bryan Ibrahim A. Alih: Based on your record, sir, no, but before that, how long have you been with BPI, sir? 03:09:54.420 --> 03:09:57.440 Marwin L. Galvez: I've been with the bank for 25 years. 03:09:57.440 --> 03:09:58.360 Atty. James Bryan Ibrahim A. Alih: 25 years? 03:09:58.360 --> 03:09:58.680 Marwin L. Galvez: Yes, sir. 03:09:59.040 --> 03:10:06.540 Atty. James Bryan Ibrahim A. Alih: And what other positions have you held throughout those years? If you can just briefly state it for the record. 03:10:07.040 --> 03:10:23.750 Marwin L. Galvez: Yes, sir. Thank you for that question. I started my career as a branch assistant business manager. Then took on a business manager role until I was designated as an area business director and now currently as a division head. 03:10:23.970 --> 03:10:45.360 Atty. James Bryan Ibrahim A. Alih: Alright. Sir, I'll just go straight ahead. Based on your records in BPI, how many bank accounts does the vice president have and or her husband, Atty. Carpio, whether separately maintained or joint? Together or with other persons? 03:10:46.920 --> 03:11:08.080 Marwin L. Galvez: May I classify my answer in terms of total active individual accounts? All in all, we have seven active deposit accounts under the name of the respondent and her spouse. 03:11:08.080 --> 03:11:08.860 Atty. James Bryan Ibrahim A. Alih: What 03:11:08.860 --> 03:11:10.340 Atty. James Bryan Ibrahim A. Alih: else 03:11:10.980 --> 03:11:11.600 Atty. James Bryan Ibrahim A. Alih: if there are any? 03:11:12.270 --> 03:11:24.800 Marwin L. Galvez: We have 34 other closed individual accounts under the name of the respondent and her spouse. 03:11:25.480 --> 03:11:46.150 Atty. James Bryan Ibrahim A. Alih: Sir, are you in the position to confirm without stating for the record the specific US dollar accounts or any foreign? Bank accounts. Are you in the position to confirm if the Vice President and or Attorney Carpio maintains any foreign currency account with GPI? 03:11:46.370 --> 03:11:47.310 Atty. Michael Wesley Poa: Objection, Your Honor. 03:11:51.620 --> 03:12:14.520 Atty. James Bryan Ibrahim A. Alih: That's fine, Your Honor. I'll just proceed. Thank you. Sir, for the record, are you in the position to confirm that a bank account with last digit 7742 under the name of Sara Zimmerman Duterte, and maintained in Green Hills Branch. It's in your record. 03:12:15.640 --> 03:12:18.240 Marwin L. Galvez: Your Honor, may I confirm my records? 03:12:18.240 --> 03:12:19.160 Sen. Francis "Chiz" G. Escudero: You may refer to 03:12:19.160 --> 03:12:22.140 Sen. Francis "Chiz" G. Escudero: your records or documents, Mr. Mal. 03:12:22.260 --> 03:12:23.080 Marwin L. Galvez: Thank you, Your Honor. 03:12:37.100 --> 03:12:37.740 Marwin L. Galvez: Sir, 03:12:37.860 --> 03:12:38.700 Marwin L. Galvez: may I request 03:12:38.700 --> 03:12:41.060 Marwin L. Galvez: you to please repeat the number? 03:12:41.060 --> 03:12:51.640 Atty. James Bryan Ibrahim A. Alih: Gladly, Sir. Last digit is 7742. under the name of Sara Zimmerman Duterte, maintained at Green Hills EDSA branch of BPI. 03:12:52.210 --> 03:12:55.130 Marwin L. Galvez: I confirm the existence of such account. 03:12:55.130 --> 03:12:55.730 Atty. James Bryan Ibrahim A. Alih: Alright. Are 03:12:55.730 --> 03:13:17.750 Atty. James Bryan Ibrahim A. Alih: you in the position, thank you sir, are you in the position to confirm that a bank account with last digit 6-9, sorry, 2-8 under the name of Atty. Manases Reyes Carpio or Sara Zimmerman Duterte is maintained at Green Hills EDSA branch of BPI. 03:13:19.300 --> 03:13:24.200 Marwin L. Galvez: Sir, based on the records we submitted, I confirm that such account is... 03:13:24.200 --> 03:13:25.060 Atty. James Bryan Ibrahim A. Alih: Thank you. Thank you, sir. 03:13:26.910 --> 03:13:49.550 Atty. James Bryan Ibrahim A. Alih: Sir, are you in the position to confirm that based on your records, the last digit, the bank account with last digit 9539 under the name of Rodrigo Roa Duterte or Rodrigo Roa Duterte and Sara Zimmerman Duterte? Maintained at Julia Vargas Branch is in your records. 03:13:50.410 --> 03:13:55.710 Marwin L. Galvez: Based on the records we submitted as covered in the subpoena, I confirm that, Your Honor. 03:13:55.990 --> 03:14:12.530 Atty. James Bryan Ibrahim A. Alih: And could you also confirm that another account with last digits 9891 under the name of Rodrigo R. Duterte in trust for Sara Zimmerman Duterte is maintained in Davao Main Branch of BPI? 03:14:14.250 --> 03:14:20.390 Marwin L. Galvez: Based on the records we submitted in response to the subpoena, I confirm that such account exists, Your 03:14:20.390 --> 03:14:21.090 Marwin L. Galvez: Honor. 03:14:21.090 --> 03:14:43.200 Atty. James Bryan Ibrahim A. Alih: Can you also confirm that a bank account with last digit 7455 under the name of Manassas R. Carpio, held in trust for a minor, is in your records, which is maintained in Davao Main Branch? 03:14:45.260 --> 03:14:51.560 Marwin L. Galvez: Confirming that based on records we submitted to the Honorable Court, that account exists, Your Honor. 03:14:51.880 --> 03:15:07.160 Atty. James Bryan Ibrahim A. Alih: Lastly, can you confirm that the bank account with last digits 8095 under the name of Manases R. Carpio, maintained in BPI, better leaving Don Bosco branches in your records? 03:15:08.990 --> 03:15:12.550 Marwin L. Galvez: Confirming based on records that we submitted to the Honorable Court, Your Honor. 03:15:12.890 --> 03:15:34.850 Atty. James Bryan Ibrahim A. Alih: The reason why I asked those confirmations, Mr. Witness, because my questions this afternoon will revolve around those banks. We do not intend to go through a full accounting of the BPI accounts that are maintained by those individuals. However, allow us for this afternoon to discuss those accounts that I've mentioned. 03:15:36.790 --> 03:15:43.170 Atty. James Bryan Ibrahim A. Alih: But for the record, before I go to the meat of the discussions, do you have with you a record of closed accounts throughout the years? 03:15:45.320 --> 03:15:46.160 Marwin L. Galvez: As 03:15:46.930 --> 03:15:55.290 Marwin L. Galvez: complied to the subpoena issued to us last July, we confirm submitting records of closed accounts. 03:15:57.530 --> 03:16:03.640 Marwin L. Galvez: As to 03:16:03.640 --> 03:16:10.260 Marwin L. Galvez: individual accounts, Your Honor, we confirm 34 closed accounts. 03:16:14.950 --> 03:16:19.550 Marwin L. Galvez: Those are under the name covered in the subpoena, your honor. I can go through the 03:16:19.550 --> 03:16:21.450 Marwin L. Galvez: list if you need me to. 03:16:21.450 --> 03:16:25.350 Atty. James Bryan Ibrahim A. Alih: So, 34 closed accounts and the period would be 2000? 03:16:27.210 --> 03:16:50.860 Marwin L. Galvez: Covered by the subpoena, we searched all records and documents covering person-denominated accounts of the respondent, Sara. Zimmermann Duterte, Spouses Manases Carpio, and the 20 other companies listed in the account covering the period January 1, 2007 up to December 31, 2025. So 03:16:50.860 --> 03:16:53.660 Atty. James Bryan Ibrahim A. Alih: that's 34 closed accounts and how many active again? 03:16:54.420 --> 03:17:01.750 Marwin L. Galvez: Two individual accounts, that's seven deposit accounts and two credit card accounts. 03:17:03.160 --> 03:17:09.100 Atty. James Bryan Ibrahim A. Alih: For all personal accounts or does that include the 03:17:09.100 --> 03:17:10.920 Marwin L. Galvez: Only personal accounts. 03:17:10.920 --> 03:17:13.600 Atty. James Bryan Ibrahim A. Alih: As to 03:17:13.600 --> 03:17:19.890 Marwin L. Galvez: the corporate account, we listed one active corporate account. 03:17:20.570 --> 03:18:13.550 Atty. James Bryan Ibrahim A. Alih: Alright, so more or less, more than 40 accounts, close and active, I should say. Alright, so let's go now, sir, with the ending balances of... The six accounts that I've identified. As I mentioned, I will not go through all the years. We have a separate witness for that. But I want to focus on the years 2022 to 2025. And I just want to know the ending balances of the six accounts that I've identified or that you've confirmed rather. So let's start with 7742 under the name of the Vice President Sara Zimmerman Duterte. In 2022, what is the ending balance of this account? 03:18:13.550 --> 03:18:16.710 Marwin L. Galvez: Your Honor, may I request your permission to continue looking 03:18:16.710 --> 03:18:17.210 Marwin L. Galvez: at my 03:18:17.210 --> 03:18:17.590 Marwin L. Galvez: documents? 03:18:17.610 --> 03:18:19.390 Sen. Francis "Chiz" G. Escudero: Continuing authority is granted, Mr. Mao. 03:18:19.570 --> 03:18:20.190 Marwin L. Galvez: Thank you, Your Honor. 03:18:29.390 --> 03:18:32.810 Marwin L. Galvez: Sir, can you please repeat the account number? 03:18:32.810 --> 03:18:43.220 Atty. James Bryan Ibrahim A. Alih: Certainly, Sir. In the bank account with last digit 7742, What is the ending balance for 2022? 03:18:46.790 --> 03:19:01.610 Marwin L. Galvez: For the account number with ending digit 7742, the ending balance as of December 31, 2022 is 10,542. 03:19:01.990 --> 03:19:21.800 Atty. James Bryan Ibrahim A. Alih: Yeah, only 10,000. Okay, so in the bank account with last digit 6928, What is the ending balance? And this is under the name of Atty. Carpio or the Vice President, Sara Duterte. For 2022, what is the ending balance for this account? 03:19:22.540 --> 03:19:38.290 Marwin L. Galvez: For account number ending in 6928, the ending balance for the period December 31, 2022 is 639,833, Your Honor. 03:19:38.290 --> 03:19:38.990 Atty. James Bryan Ibrahim A. Alih: Thank you, 03:19:39.010 --> 03:19:51.220 Atty. James Bryan Ibrahim A. Alih: Sir. For the third bank with ending digits 9539, what is the ending balance for the year 2022? 03:19:53.810 --> 03:20:10.090 Marwin L. Galvez: For the account ending in 9539, the ending balance as of December 31, 2022 is 1,285,909 pesos. 03:20:12.270 --> 03:20:22.700 Atty. James Bryan Ibrahim A. Alih: Alright. For the fourth bank or account, last digit is 9891, what is the ending balance for 2022? 03:20:24.550 --> 03:20:39.970 Marwin L. Galvez: For the account ending in 9891, the ending balance as of December 31, 2022 is 3,257,306 pesos, Your Honor. 03:20:39.970 --> 03:20:40.970 Atty. James Bryan Ibrahim A. Alih: Thank you, Sir. 03:20:41.530 --> 03:20:52.690 Atty. James Bryan Ibrahim A. Alih: Now let's go to your Davao branch. With last digit 7455 under the name of Atty. Carpio, what is the ending balance for 2022? 03:20:53.830 --> 03:21:10.290 Marwin L. Galvez: For the account ending in 7455, the ending balance as of December 31, 2022 is 1,033,461 Pesos, Your Honor. 03:21:10.710 --> 03:21:24.910 Atty. James Bryan Ibrahim A. Alih: Alright. How about for the bank account maintained in Better Living Don Bosco with last digits 8095? What is the ending balance for the year 2022? 03:21:26.090 --> 03:21:38.570 Marwin L. Galvez: For the account ending in 8095, the closing balance as of the period December 31, 2022 is 1,000,000 03:21:41.820 --> 03:21:43.540 Marwin L. Galvez: 892,884, Your Honor. 03:21:43.940 --> 03:21:44.560 Atty. James Bryan Ibrahim A. Alih: Alright. 03:21:46.410 --> 03:21:48.990 Atty. James Bryan Ibrahim A. Alih: Now let's go to 2023, Sir. 03:21:50.840 --> 03:22:04.810 Atty. James Bryan Ibrahim A. Alih: For 2023, going back to the first account with last digit 7742, under the name of the Vice President, what is the ending balance of this account? 03:22:04.810 --> 03:22:06.050 Marwin L. Galvez: For the account 03:22:06.050 --> 03:22:17.850 Marwin L. Galvez: ending with 7742, The balance as of December 31, 2023 is 9,442, Your Honor. 03:22:18.390 --> 03:22:40.650 Sen. Francis "Chiz" G. Escudero: With the indulgence of counsel, Mr. Mao, you don't have to repeat the question kindly, just counsel is simply asking for the amount. Unless the number, the account number he read is erroneous, then you can correct the question of counsel. But you need not state the date anymore ending in December 31 in the account number unless it's wrong. Kindly just state the amount. 03:22:40.910 --> 03:22:42.370 Sen. Francis "Chiz" G. Escudero: Thank you, 03:22:42.390 --> 03:22:45.320 Sen. Francis "Chiz" G. Escudero: Mr. Mao. Please proceed, Atty. James. 03:22:45.580 --> 03:22:56.260 Atty. James Bryan Ibrahim A. Alih: Thank you, sir. Thank you, Your Honor. For the second account, sir, with last digits 6928, what is the ending balance for 2023? 03:22:57.840 --> 03:23:03.420 Marwin L. Galvez: The ending balance, Your Honor, is 642,424. 03:23:04.790 --> 03:23:11.450 Atty. James Bryan Ibrahim A. Alih: For the bank account with last digits 9539? What is the ending balance for 2023? 03:23:12.620 --> 03:23:20.860 Marwin L. Galvez: The ending balance, Your Honor, is 1,291,569 pesos. 03:23:21.920 --> 03:23:30.670 Atty. James Bryan Ibrahim A. Alih: How about for the bank account with last digits 9891? What is the ending balance for 2023? 03:23:30.670 --> 03:23:31.390 Marwin L. Galvez: The 03:23:31.390 --> 03:23:41.940 Marwin L. Galvez: ending balance for said account is 3,259,800 pesos. 51, Your Honor. 03:23:42.340 --> 03:23:48.260 Atty. James Bryan Ibrahim A. Alih: Okay. Fifth, the bank account with last digits 7, 4, 5, 5. 03:23:51.480 --> 03:23:54.360 Atty. James Bryan Ibrahim A. Alih: What is the ending balance for the year 2023? 03:23:55.540 --> 03:24:05.320 Marwin L. Galvez: The ending balance for year 2023 is 1,132,207, Your Honor. 03:24:05.320 --> 03:24:05.960 Atty. James Bryan Ibrahim A. Alih: All right. 03:24:06.850 --> 03:24:16.830 Atty. James Bryan Ibrahim A. Alih: Six, for the bank account with last digits 8, 0, 9, 5. What is the ending balance for the year 2023? 03:24:18.980 --> 03:24:19.660 Marwin L. Galvez: The 03:24:19.660 --> 03:24:27.920 Marwin L. Galvez: ending balance for the said account is 2,153,880 pesos, Your Honor. 03:24:27.920 --> 03:24:28.660 Atty. James Bryan Ibrahim A. Alih: Thank you, Sir. 03:24:29.540 --> 03:24:43.980 Atty. James Bryan Ibrahim A. Alih: Now let's go to 2024, Sir Mau. Again, with the first account, with last digit 7742. What is the ending balance for 2024? 03:24:43.980 --> 03:24:50.660 Marwin L. Galvez: The ending balance for 2024 is Php 6,842, Your Honor. 03:24:50.660 --> 03:24:57.550 Atty. James Bryan Ibrahim A. Alih: How about for the second account, 6928? What is the ending balance for 2024? 03:24:57.550 --> 03:24:58.570 Marwin L. Galvez: The ending balance 03:24:58.570 --> 03:25:06.390 Marwin L. Galvez: is Php 645,026.00, Your Honor. 03:25:07.050 --> 03:25:13.680 Atty. James Bryan Ibrahim A. Alih: For the third account with last digits 9539? What is the ending balance for 2024? 03:25:14.900 --> 03:25:23.880 Marwin L. Galvez: The ending balance for said account is 1,292,532 pesos, Your Honor. 03:25:23.880 --> 03:25:24.460 Atty. James Bryan Ibrahim A. Alih: Thank you, sir. 03:25:25.330 --> 03:25:34.490 Atty. James Bryan Ibrahim A. Alih: Number four, with last digit 9891, what is the ending balance for December 31 or for the year 2024? 03:25:35.420 --> 03:25:39.580 Marwin L. Galvez: The balance for said account is 3,000,000... 03:25:41.550 --> 03:25:43.530 Marwin L. Galvez: 262,404 pesos, Your Honor. 03:25:44.690 --> 03:25:53.970 Atty. James Bryan Ibrahim A. Alih: How about for the fifth account with last digits 7, 4, 5, 5? What is the ending balance for 2024? 03:25:54.830 --> 03:26:02.250 Marwin L. Galvez: The ending balance is 1,262,830 pesos, Your Honor. 03:26:05.010 --> 03:26:10.330 Atty. James Bryan Ibrahim A. Alih: All right. How about for the, that was the fourth? 03:26:10.870 --> 03:26:11.470 Marwin L. Galvez: Fifth. 03:26:11.790 --> 03:26:12.190 Atty. James Bryan Ibrahim A. Alih: Fifth, 03:26:12.190 --> 03:26:12.990 Marwin L. Galvez: that's the fifth. 03:26:13.980 --> 03:26:19.380 Atty. James Bryan Ibrahim A. Alih: How about for the sixth, sir? Last digit 8095, what is the ending balance? 03:26:19.980 --> 03:26:20.520 Marwin L. Galvez: The 03:26:20.520 --> 03:26:27.500 Marwin L. Galvez: ending balance for that account is 2,144,957, Your Honor. 03:26:27.500 --> 03:26:27.960 Atty. James Bryan Ibrahim A. Alih: Okay. 03:26:28.240 --> 03:26:42.030 Atty. James Bryan Ibrahim A. Alih: I'm on to the last year, sir. For the first account with last digit 7742, what is the ending balance in the year 2025? 03:26:43.090 --> 03:26:49.730 Marwin L. Galvez: The ending balance for the year 2025 is 3,228 pesos, Your Honor. 03:26:50.740 --> 03:26:57.890 Atty. James Bryan Ibrahim A. Alih: Alright. How about for the bank account with last digit 6928? What is the ending balance? 03:26:58.980 --> 03:27:06.600 Marwin L. Galvez: The ending balance for that account is 647,639 pesos, Your Honor. 03:27:07.550 --> 03:27:19.600 Atty. James Bryan Ibrahim A. Alih: How about for the third branch or third account? With last digits 9539, what is the ending balance for 2025, please? 03:27:20.380 --> 03:27:29.620 Marwin L. Galvez: The ending balance for said account is 1,296,236 pesos, Your Honor. 03:27:29.620 --> 03:27:30.020 Atty. James Bryan Ibrahim A. Alih: I'm almost 03:27:30.020 --> 03:27:39.190 Atty. James Bryan Ibrahim A. Alih: done, Sir Mau. For the account with last digit 9891, what is the ending balance for 2025? 03:27:40.500 --> 03:27:49.060 Marwin L. Galvez: The ending balance for said account is 3,264,952 Pesos, Your Honor. 03:27:50.280 --> 03:27:56.780 Atty. James Bryan Ibrahim A. Alih: How about for the fifth account with last digit 7455? What is the ending balance? 03:27:57.460 --> 03:28:04.700 Marwin L. Galvez: The ending balance would be 1,263,470 Pesos, Your Honor. 03:28:04.700 --> 03:28:05.160 Atty. James Bryan Ibrahim A. Alih: Alright. 03:28:05.260 --> 03:28:15.600 Atty. James Bryan Ibrahim A. Alih: Thank you, Sir. And lastly for the bank account with last digits 8095. What is the ending balance for 2025? 03:28:16.710 --> 03:28:25.030 Marwin L. Galvez: The ending balance for that account is 2,241,066 pesos, Your Honor. 03:28:25.290 --> 03:28:42.530 Atty. James Bryan Ibrahim A. Alih: Alright. Thank you, sir. So I'm done with the ending balance, sir. But I wanted to discuss more particularly a specific transaction that happened sometime in 2011, sir. And we have the records. which we will confront. 03:28:43.670 --> 03:28:44.190 Atty. Michael Wesley Poa: Objection. 03:28:45.350 --> 03:28:45.970 Atty. James Bryan Ibrahim A. Alih: Yes, sir. 03:28:46.750 --> 03:28:56.170 Atty. Michael Wesley Poa: Objection, Your Honor. Again, if it's a 2011 transaction, it came way before the term of the Vice President and it's not covered under an impeachable offense, Your Honor. 03:28:56.350 --> 03:29:03.610 Sen. Francis "Chiz" G. Escudero: We note that and the Court is not considering it as a separate article of impeachment nor as a separate act. 03:29:27.810 --> 03:29:28.970 Sen. Francis "Chiz" G. Escudero: Thank you for 03:29:28.970 --> 03:29:29.690 Sen. Francis "Chiz" G. Escudero: your 03:29:29.690 --> 03:29:30.010 Sen. Francis "Chiz" G. Escudero: recommendation, 03:29:30.250 --> 03:29:30.590 Sen. Francis "Chiz" G. Escudero: Attorney James. 03:29:31.110 --> 03:29:43.530 Atty. James Bryan Ibrahim A. Alih: Thank you. Sir, I wanted to discuss a particular transaction involving two transactions. And this transaction happened in BPI Julia Vargas. 03:29:45.430 --> 03:29:59.250 Atty. James Bryan Ibrahim A. Alih: And it involves a peso time deposit. Twice peso time deposit. I direct your attention, sir, to a peso time deposit certificate number 25. 03:30:01.240 --> 03:30:07.290 Atty. James Bryan Ibrahim A. Alih: 1407. Your Honor, I would ask the assisting counsel, Your Honor, to approach. 03:30:07.410 --> 03:30:15.790 Sen. Francis "Chiz" G. Escudero: Continuing authority for the entire day is given to assisting counsels from both parties to approach the witness at any time they may deem it necessary. 03:30:16.130 --> 03:30:43.380 Atty. James Bryan Ibrahim A. Alih: Thank you, Your Honor. Sir, I direct your attention to a peso time deposit certificate number 251407 with Time deposit number 002437-0258-11 which is part of our exhibits. Before anything else, sige sir, tignan niyo po muna. Okay, can I ask? 03:30:43.380 --> 03:30:44.120 Marwin L. Galvez: Yes, yeah. 03:30:44.120 --> 03:30:49.400 Atty. James Bryan Ibrahim A. Alih: So before anything else sir, what is a time deposit if you know? 03:30:51.300 --> 03:31:05.320 Marwin L. Galvez: Your Honor, a time deposit is a type of deposit account with A principal amount, a fixed term, an interest rate, and a maturity date. 03:31:05.320 --> 03:31:06.040 Atty. James Bryan Ibrahim A. Alih: Alright, thank you. 03:31:06.600 --> 03:31:14.610 Atty. James Bryan Ibrahim A. Alih: And based on this document, what is the account name of the time deposit, sir? 03:31:19.530 --> 03:31:32.560 Marwin L. Galvez: Based on the document we submitted to this honorable court, requested for by the subpoena, this time deposit account is under the name of Rodrigo Roa Duterte. 03:31:32.560 --> 03:31:36.620 Marwin L. Galvez: Or Rodrigo Roa Duterte, and Zara Z. Duterte. 03:31:36.620 --> 03:31:37.220 Atty. James Bryan Ibrahim A. Alih: Alright. 03:31:39.480 --> 03:31:43.660 Atty. James Bryan Ibrahim A. Alih: And what is the principal amount of this time deposit? 03:31:46.630 --> 03:31:54.930 Marwin L. Galvez: Principal amount for the time deposit is 40,650,000 pesos, Your Honor. 03:31:55.170 --> 03:31:56.050 Marwin L. Galvez: 40 million. 03:31:56.050 --> 03:31:59.610 Atty. James Bryan Ibrahim A. Alih: Again, what is the date of this time deposit, sir? If you can see in the records. 03:31:59.610 --> 03:31:59.970 Marwin L. Galvez: The 03:31:59.970 --> 03:32:04.870 Marwin L. Galvez: opening date for this time deposit is January 22. 03:32:10.240 --> 03:32:14.170 Marwin L. Galvez: Opening date is January 22, 2010. 03:32:14.550 --> 03:32:16.890 Atty. James Bryan Ibrahim A. Alih: So 40 million in 2010. 03:32:21.370 --> 03:32:38.290 Atty. James Bryan Ibrahim A. Alih: When we say principal amount sir, perhaps you can enlighten us as not everyone has the opportunity to apply or purchase a time deposit. When we say principal amount, in the context of a time deposit, what does this mean? 03:32:38.760 --> 03:32:46.340 Marwin L. Galvez: A principal amount, Your Honor, refers to the initial amount deposited to that particular time deposit. 03:32:46.340 --> 03:32:46.580 Atty. James Bryan Ibrahim A. Alih: Alright. 03:32:47.180 --> 03:33:02.680 Atty. James Bryan Ibrahim A. Alih: And based on this document that you are looking at, it appears that in the lower portion, the principal amount or time deposit rolled over several times. To be exact, how many times did it roll over? If you can check the documents. 03:33:18.170 --> 03:33:21.230 Marwin L. Galvez: Based on the document we submitted, I can count 03:33:27.050 --> 03:33:29.650 Marwin L. Galvez: 12 rollover periods, Your Honor. 03:33:29.830 --> 03:33:35.790 Atty. James Bryan Ibrahim A. Alih: 12 rollover periods. But to be clear, when you say rollover, what do you mean by this? 03:33:37.470 --> 03:34:08.250 Marwin L. Galvez: When we say rollover, Your Honor, like for example, this time deposit is termed for 35 days. So as soon as the original maturity date ends, if the instruction of the client is to continue renewing the said time deposit, We will just roll over the principal amount. And if the instruction is to include the interest rate in the rollover, then we roll over the principal plus the interest 03:34:08.250 --> 03:34:09.110 Marwin L. Galvez: for the 03:34:09.110 --> 03:34:10.330 Marwin L. Galvez: last 35 days. 03:34:10.430 --> 03:34:16.730 Atty. James Bryan Ibrahim A. Alih: So essentially sir, in layman's term, when you say rollover, it means you renew the time deposit. 03:34:16.730 --> 03:34:17.910 Marwin L. Galvez: That's correct. 03:34:17.910 --> 03:34:23.690 Atty. James Bryan Ibrahim A. Alih: And on the basis of the principal amount and succeeding renewal, we call that the rollover. 03:34:23.690 --> 03:34:24.510 Marwin L. Galvez: That's correct. 03:34:24.510 --> 03:34:37.140 Atty. James Bryan Ibrahim A. Alih: Perfect. And in that document, there is another important information. What is the settlement account of this time deposit? 03:34:38.950 --> 03:34:53.790 Marwin L. Galvez: Based on the certificate of time deposit that we submitted, the identified settlement account number is 2433069539. 03:34:57.100 --> 03:34:59.000 Atty. James Bryan Ibrahim A. Alih: Last digit sir is? 03:35:01.290 --> 03:35:01.810 Atty. James Bryan Ibrahim A. Alih: 9539. 03:35:01.810 --> 03:35:02.490 Marwin L. Galvez: That's correct. 03:35:02.590 --> 03:35:05.670 Atty. James Bryan Ibrahim A. Alih: And based on your record, sir, what branch is that? 03:35:06.700 --> 03:35:11.020 Marwin L. Galvez: This is under Julia Vargas' account, Your Honor. 03:35:11.240 --> 03:35:20.450 Atty. James Bryan Ibrahim A. Alih: Okay. The Julia Vargas branch. And under whose name is this account? Or what is the account name of this account? 03:35:22.010 --> 03:35:22.750 Marwin L. Galvez: Can I 03:35:22.750 --> 03:35:24.350 Marwin L. Galvez: confirm lang ang may record? 03:35:24.350 --> 03:35:25.030 Atty. James Bryan Ibrahim A. Alih: Yes, please. Go ahead. 03:35:34.310 --> 03:35:45.640 Marwin L. Galvez: For the account ending in 9539, the account is under the name Rodrigo Roa Duterte or Rodrigo Roa Duterte and Sara Z Duterte. 03:35:45.780 --> 03:36:04.780 Atty. James Bryan Ibrahim A. Alih: Alright. So you mentioned that the settlement account corresponds to the bank account with last digits 9539 or the Julia Vargas branch account. But allow me to backtrack a bit. When you say settlement account, what does this mean? In bank parlance. 03:36:05.000 --> 03:36:18.540 Marwin L. Galvez: The settlement account in bank parlance, your honor, refers to the account where the proceeds and maturities are credited to or debited against in terms of rollovers. 03:36:18.880 --> 03:36:27.880 Atty. James Bryan Ibrahim A. Alih: Okay, so allow me to tie this up, sir. So you mentioned that the principal amount based on your testimony is renewed 12 times, right? 03:36:27.880 --> 03:36:28.900 Marwin L. Galvez: Yes, sir. 03:36:28.900 --> 03:36:36.780 Atty. James Bryan Ibrahim A. Alih: Assuming that it was renewed 12 times, no, no, sorry. It is renewed 12 times. If it's not renewed, where will the proceeds go? 03:36:37.240 --> 03:36:43.440 Marwin L. Galvez: The proceeds when a time deposit is matured goes to the settlement account. And 03:36:43.440 --> 03:36:43.520 Atty. James Bryan Ibrahim A. Alih: the 03:36:43.520 --> 03:36:46.080 Atty. James Bryan Ibrahim A. Alih: settlement account is the? 03:36:46.080 --> 03:36:50.320 Marwin L. Galvez: The one ending in 9539. The Julia Vargas branch. That's correct, sir. 03:36:54.370 --> 03:36:57.330 Atty. James Bryan Ibrahim A. Alih: Based on the document, sir, what is the date? 03:36:59.880 --> 03:37:05.160 Atty. James Bryan Ibrahim A. Alih: Rather at the last, at the time of its last renewal? 03:37:05.160 --> 03:37:07.980 Marwin L. Galvez: On February 11, 2011. 03:37:07.980 --> 03:37:11.800 Atty. James Bryan Ibrahim A. Alih: How much now is the amount of the time deposit? 03:37:20.750 --> 03:37:21.510 Marwin L. Galvez: Based 03:37:41.320 --> 03:38:01.670 Marwin L. Galvez: on the last rollover, including interest rate, the final balance would be 41,721,035.42. I'm sorry, Your Honor, the... The number is not very clear. 03:38:01.670 --> 03:38:02.890 Atty. James Bryan Ibrahim A. Alih: That's fine, sir. It's okay. 03:38:02.890 --> 03:38:05.250 Marwin L. Galvez: I'm reading it based on how I can comprehend the numbers. 03:38:05.650 --> 03:38:15.020 Atty. James Bryan Ibrahim A. Alih: And we appreciate it, sir. Alright, so that is the last time it was renewed. After that, what would happen to that amount as you testified a while ago? 03:38:18.460 --> 03:38:27.380 Marwin L. Galvez: If a time deposit certificate matures and is no longer renewed, the proceeds of the matured time deposit is credited to the settlement account. 03:38:27.380 --> 03:38:27.620 Atty. James Bryan Ibrahim A. Alih: And that 03:38:27.620 --> 03:38:27.920 Atty. James Bryan Ibrahim A. Alih: was the 03:38:27.920 --> 03:38:29.020 Atty. James Bryan Ibrahim A. Alih: Julia Vargas branch. 03:38:29.020 --> 03:38:29.760 Marwin L. Galvez: That's correct, sir. 03:38:30.460 --> 03:38:43.100 Atty. James Bryan Ibrahim A. Alih: Now, I direct your attention to page 3 of the same exhibit. There is a debit and credit memo pertaining to the time deposit account and settlement account. 03:38:46.420 --> 03:38:53.430 Atty. James Bryan Ibrahim A. Alih: Could you perhaps elaborate to us what this Two documents mean? Because it pertains to the same transaction, sir. 03:38:55.770 --> 03:38:59.150 Atty. James Bryan Ibrahim A. Alih: Okay, may I refer to the first. 03:38:59.150 --> 03:39:05.470 Marwin L. Galvez: Based on the documents you're showing me, sir, these are actually two transaction documents. 03:39:05.470 --> 03:39:09.730 Atty. James Bryan Ibrahim A. Alih: Alright. Okay, so let's go with the debit memo first. 03:39:11.300 --> 03:39:25.530 Atty. James Bryan Ibrahim A. Alih: The first document is a debit memo dated March 9, 2011. And when we say debit memo, ano pong ibig sabihin nun? 03:39:25.530 --> 03:39:31.890 Marwin L. Galvez: Ang debit memo po is actually an advice to the client na meron pong nabawas sa account niya. 03:39:31.890 --> 03:39:38.390 Atty. James Bryan Ibrahim A. Alih: At base po dyan sa debit memo, merong nabawas, saan pong account nabawas? 03:39:38.390 --> 03:39:38.970 Marwin L. Galvez: Doon 03:39:38.970 --> 03:39:49.140 Marwin L. Galvez: po sa debit memo, sir, ang account po na nabawasan ay with account number 2437. 03:39:54.120 --> 03:39:59.200 Marwin L. Galvez: 025811, which is the time deposit certificates. 03:39:59.380 --> 03:40:11.520 Atty. James Bryan Ibrahim A. Alih: So nawala na yung time deposit. Sorry, sir. So nawala na yung time deposit. Gaya ng sabi niyo, yung debit memo informs the client na nabawasan na yung account niya in this particular transaction, 03:40:14.200 --> 03:40:26.170 Atty. James Bryan Ibrahim A. Alih: yung time deposit. Puntaan natin yung credit memo. Saan na ngayon napunta? Based on the records, yung amount na nabanggit niyo kanina na mahigit 41 million pesos. 03:40:27.170 --> 03:40:46.790 Marwin L. Galvez: Base po sa records na ipinadala po namin sa hukuman, ang account po na nag-mature sa time deposit ay pumasok po sa pamamaraang credit memo sa account number 2433. 03:40:48.670 --> 03:40:50.290 Marwin L. Galvez: 069539, your honor. 03:40:50.290 --> 03:40:52.230 Atty. James Bryan Ibrahim A. Alih: So that is the Julia Vargas branch? 03:40:52.230 --> 03:40:53.450 Marwin L. Galvez: That's correct, sir. 03:40:53.450 --> 03:40:53.730 Atty. James Bryan Ibrahim A. Alih: Alright. 03:40:58.260 --> 03:41:04.680 Atty. James Bryan Ibrahim A. Alih: And what is the date kung kailan pumasok ito doon sa Julia Vargas branch account? 03:41:06.490 --> 03:41:12.140 Marwin L. Galvez: The credit memo stated March 9, 2011, 03:41:12.580 --> 03:41:13.140 Marwin L. Galvez: your honor. 03:41:13.140 --> 03:41:21.540 Atty. James Bryan Ibrahim A. Alih: Alright. And for the record, how much is the amount indicated in the credit memo of March 9, 2011? 03:41:22.540 --> 03:41:33.020 Marwin L. Galvez: The amount indicated in the credit memo is 41,721,035.62 pesos. 03:41:33.280 --> 03:41:54.030 Atty. James Bryan Ibrahim A. Alih: Sige sir. As I proceed sir, I would ask for your patience kasi balak kong habulin kung nasaan pupunta yung 40 something million na yan. So now I direct your attention to page 20 of the same exhibit. This reflects page 20. Go ahead, take your time, sir. 03:42:11.220 --> 03:42:12.420 Atty. James Bryan Ibrahim A. Alih: Okay na, sir. Nakita niyo? 03:42:12.900 --> 03:42:13.340 Marwin L. Galvez: Yes, 03:42:13.360 --> 03:42:13.520 Marwin L. Galvez: sir. 03:42:13.940 --> 03:42:14.380 Atty. James Bryan Ibrahim A. Alih: Alright. 03:42:16.330 --> 03:42:19.930 Atty. James Bryan Ibrahim A. Alih: So, this pertains to, tama po ba? Debit credit memo yan? 03:42:27.050 --> 03:42:33.470 Marwin L. Galvez: The upper portion of the page 20, your honor, pertains to a credit memo. 03:42:33.790 --> 03:42:36.010 Atty. James Bryan Ibrahim A. Alih: Alright. And the lower portion? And the 03:42:36.010 --> 03:42:39.070 Marwin L. Galvez: lower portion, if I can read it, 03:42:42.640 --> 03:42:46.400 Marwin L. Galvez: medyo malabo po, but appears to be a debit 03:42:47.360 --> 03:42:48.340 Marwin L. Galvez: memo, your honor. 03:42:48.340 --> 03:42:48.580 Atty. James Bryan Ibrahim A. Alih: Okay. 03:42:50.540 --> 03:42:56.140 Atty. James Bryan Ibrahim A. Alih: Sir, ano po yung date na nakasulat dyan sa documents na yan? 03:43:02.180 --> 03:43:02.840 Marwin L. Galvez: March 03:43:02.840 --> 03:43:03.880 Marwin L. Galvez: 9, 2011. 03:43:04.260 --> 03:43:26.180 Atty. James Bryan Ibrahim A. Alih: So, if I recall, you also mentioned a while ago na nakredit yung 41 million pabalik sa Julia Vargas branch nung March 9. And this credit-debit memo now is also March 9. Ano po yung binili gamit yung Kung titignan nyo yung sa debit and credit memo na yan. 03:43:38.770 --> 03:43:52.070 Marwin L. Galvez: Basi po sa credit memo, ang credit memo po pertains to the amount credited to the manager's check settlement account 03:43:52.070 --> 03:43:53.650 Marwin L. Galvez: po ng bangko. 03:43:53.650 --> 03:44:10.060 Atty. James Bryan Ibrahim A. Alih: Alright, so from time deposit, on the same date, binalik, March 9 din po, no? Tapos ngayon, bumili ng manager's check. Sige, susundan pa rin po natin yan, sir. How much po yung amount ng manager's check? 03:44:10.530 --> 03:44:20.490 Marwin L. Galvez: The amount of the manager's check is 41,721,035.62, 03:44:20.710 --> 03:44:21.390 Marwin L. Galvez: Your Honor. 03:44:21.390 --> 03:44:34.290 Atty. James Bryan Ibrahim A. Alih: Sige. But before proceeding, perhaps it's good to understand ano po ba yung manager's check especially for, again, most of us hindi pa nakakabili ng manager's check. Ano po ba ang manager's check base po sa alam niyo? 03:44:34.690 --> 03:44:47.090 Marwin L. Galvez: Ang manager's check po, your honor, ay checking issued po ng bangko. So ang obligasyon po ng pagbayad ng manager's check ay borne by the bank. 03:44:47.090 --> 03:44:47.530 Atty. James Bryan Ibrahim A. Alih: When 03:44:47.530 --> 03:44:51.830 Atty. James Bryan Ibrahim A. Alih: you say borne by the bank, yung bank yung naggagarantee na babayaran nila yun? 03:44:51.830 --> 03:44:52.570 Marwin L. Galvez: That's correct. 03:44:52.570 --> 03:44:54.930 Atty. James Bryan Ibrahim A. Alih: And is it fair to say that it's also good as cash? 03:44:55.750 --> 03:45:04.310 Marwin L. Galvez: You can say that's good as cash, your honor, because... A manager's check is properly funded by the source payment. Hindi 03:45:04.310 --> 03:45:13.340 Atty. James Bryan Ibrahim A. Alih: naman kasi nalulugi yung BPI, sir. Kaya laging may... Anyway, sir, again, now I direct you to... 03:45:15.420 --> 03:45:19.880 Atty. James Bryan Ibrahim A. Alih: Before that, what is the period of validity of a manager's check? 03:45:19.880 --> 03:45:20.920 Marwin L. Galvez: Six months po. 03:45:20.920 --> 03:45:28.540 Atty. James Bryan Ibrahim A. Alih: Six months. So, what happens if the manager's check is unutilized within six months? 03:45:28.540 --> 03:45:30.380 Marwin L. Galvez: When you say unutilized, 03:45:30.400 --> 03:45:32.460 Marwin L. Galvez: your honor, ibig sabihin hindi po siya nagamit. 03:45:32.460 --> 03:45:33.040 Atty. James Bryan Ibrahim A. Alih: Hindi nagamit. 03:45:33.040 --> 03:45:38.400 Marwin L. Galvez: So, depende po sa sitwasyon, your honor. 03:45:38.400 --> 03:45:39.780 Atty. James Bryan Ibrahim A. Alih: Sige po. Paki 03:45:39.780 --> 03:45:40.320 Atty. James Bryan Ibrahim A. Alih: -explain 03:45:40.320 --> 03:45:40.600 Atty. James Bryan Ibrahim A. Alih: kung anong 03:45:40.600 --> 03:45:41.620 Atty. James Bryan Ibrahim A. Alih: mga sitwasyon po na yan. 03:45:43.190 --> 03:46:19.850 Marwin L. Galvez: Pag lumagpas po ng six months ng hindi nagagamit, yung PAE po, kung kanino po nakapangalan yung manager's check, nasa disisyon po ng PAE kung nasa kanya na po ang posisyon ng manager's check. Pwede pong ang manager's check na binili ay nasa posisyon ng either the account holder or the payee named in the manager's check. So pwede pong ang kliyente kung saan galing ang pondo na pinambili sa manager's check. Kung hindi niya na po gagamitin yung manager's check, 03:46:19.950 --> 03:46:20.670 Marwin L. Galvez: pwede 03:46:20.670 --> 03:46:24.570 Marwin L. Galvez: niya pong i-request na ibalik po ito sa pinanggalingan na account. 03:46:24.810 --> 03:46:30.990 Atty. James Bryan Ibrahim A. Alih: Alright. Doon po sa manager's check, based po sa document, kanino po nakapangalan yung manager's check, sir? 03:47:07.260 --> 03:47:08.040 Marwin L. Galvez: Sir, can 03:47:08.040 --> 03:47:11.140 Marwin L. Galvez: you help me point to the right document? 03:47:11.140 --> 03:47:20.600 Atty. James Bryan Ibrahim A. Alih: Yes, sir. Doon po sa credit memo, tignan niyo po yung credit memo niyo doon sa March 9 document niyo kung saan indicated yung manager's check. 03:47:23.320 --> 03:47:30.720 Atty. James Bryan Ibrahim A. Alih: That's MC12380 if I got it right. Kanino po nakapangalan yan? 03:47:32.490 --> 03:47:40.530 Atty. Michael Wesley Poa: Your Honor, excuse me with due indulgence. May we just get the marking, the exhibit number, Your Honor, for reference? 03:47:42.410 --> 03:47:42.770 Atty. James Bryan Ibrahim A. Alih: Yes, sir. 03:47:43.870 --> 03:47:45.650 Sen. Francis "Chiz" G. Escudero: Kindly give the exhibit marking. 03:47:47.530 --> 03:47:56.700 Atty. James Bryan Ibrahim A. Alih: It's P Roman numeral 2-8-2-3-1-3 for the record, Your Honor. 03:47:59.400 --> 03:48:01.200 Atty. Michael Wesley Poa: And page number, Your Honor? 03:48:01.560 --> 03:48:03.240 Atty. James Bryan Ibrahim A. Alih: I've mentioned the page number. 03:48:03.240 --> 03:48:03.580 Atty. Michael Wesley Poa: Page 9? 03:48:05.150 --> 03:48:07.120 Atty. James Bryan Ibrahim A. Alih: Page 20. 03:48:07.120 --> 03:48:08.580 Atty. Michael Wesley Poa: 20. Thank you, Your Honor. 03:48:08.580 --> 03:48:09.380 Atty. Michael Wesley Poa: Thank you, opposing counsel. 03:48:10.540 --> 03:48:11.140 Atty. James Bryan Ibrahim A. Alih: Anyway, 03:48:13.290 --> 03:48:15.290 Atty. James Bryan Ibrahim A. Alih: sir, balikan na lang po natin yung ano na yan. 03:48:18.200 --> 03:48:39.210 Atty. James Bryan Ibrahim A. Alih: Now, I direct you to your attention to page 28 of the same exhibit that I've mentioned just a few seconds ago involving another credit and debit memo. This time dated October 20, 2011. Yung una po, March, ano nga po ulit yun? March 9, tama po? 03:48:39.210 --> 03:48:39.710 Marwin L. Galvez: March 9, 03:48:39.730 --> 03:48:41.550 Marwin L. Galvez: if I can recall correctly. 03:48:41.930 --> 03:48:46.420 Atty. James Bryan Ibrahim A. Alih: Incidentally, sir, ano yung month, 6 months after March? 03:48:47.820 --> 03:49:03.760 Atty. James Bryan Ibrahim A. Alih: That's April, May, June, July, August, September. So, kung na-purchase po siya ng March, magmamature, maglalapse po in 6 months. So, April, May, June, July, August, September. 03:49:04.180 --> 03:49:08.460 Atty. James Bryan Ibrahim A. Alih: Okay. So, by October, Wala na pong, stale na siya. 03:49:08.460 --> 03:49:09.700 Marwin L. Galvez: Stale na po siya. 03:49:09.700 --> 03:49:15.620 Atty. James Bryan Ibrahim A. Alih: Alright. Now, I direct your attention to page 28 of the same exhibit. 03:49:17.240 --> 03:49:22.620 Atty. James Bryan Ibrahim A. Alih: Again, it's another credit and debit memo. This time, it's October 20, 2011. 03:49:24.570 --> 03:49:29.690 Atty. James Bryan Ibrahim A. Alih: In these documents, it reflects another application or purchase of a manager's check. 03:49:31.560 --> 03:49:35.780 Atty. James Bryan Ibrahim A. Alih: Magkano po yung value nung purchase ng manager's check? 03:49:38.640 --> 03:49:39.700 Atty. James Bryan Ibrahim A. Alih: 6 months after. 03:49:42.660 --> 03:49:52.360 Marwin L. Galvez: Sir, if you're referring to the document dated October 20, 2011, showing the debit memo and credit memo, tama po ba yan, sir? 03:49:52.360 --> 03:49:53.760 Atty. James Bryan Ibrahim A. Alih: Yes, sir. 03:49:53.760 --> 03:50:03.980 Marwin L. Galvez: Yung debit memo po, ang nakalagay po na amount is 41,721,037.12. 03:50:03.980 --> 03:50:05.040 Atty. James Bryan Ibrahim A. Alih: At yung sa credit? 03:50:07.010 --> 03:50:18.250 Marwin L. Galvez: Credit memo to the manager's check account of BPI po. Ang amount po ay 41,721,035.62. 03:50:18.570 --> 03:50:25.530 Atty. James Bryan Ibrahim A. Alih: So, again, Mr. Witness, it's the same amount from the first manager's check six months prior. Tama po ba? 03:50:26.680 --> 03:50:28.000 Marwin L. Galvez: It appears po based 03:50:28.000 --> 03:50:45.010 Atty. James Bryan Ibrahim A. Alih: on the document. Susundan pa rin natin yan, sir. Now, I direct you to page 27 of the same exhibit. showing the resulting MC with manager's check number 12380. Nakikita niyo po sir? 03:50:47.250 --> 03:51:05.470 Atty. James Bryan Ibrahim A. Alih: 12380, page 27. Okay po. So yan yung resulting check nung binabanggit niyo kanina na second na manager's check for the same amount. Across the face of the check, there is a word unutilized. Again, what does this mean? 03:51:07.450 --> 03:51:18.330 Marwin L. Galvez: Base po sa sinabi ko kanina, unutilized po ang ibig sabihin ay hindi po siya nagamit yung manager's check for its intended purpose. 03:51:18.330 --> 03:51:18.550 Atty. James Bryan Ibrahim A. Alih: Alright. 03:51:19.270 --> 03:51:40.510 Atty. James Bryan Ibrahim A. Alih: Sige, fast forward ulit tayo sir. 6 months naman ulit. I direct your attention to page 29 of the same exhibit. Again, ito na naman siya. Credit and debit memo reflecting an application or purchase of another manager's check. How much again is the amount sought to be purchased as manager's check? Your Honor. 03:51:42.700 --> 03:51:48.800 Atty. Michael Wesley Poa: Yes. We'd have to object at this point on the ground of relevance, Your Honor, because 03:51:48.800 --> 03:51:50.220 Atty. Michael Wesley Poa: I've 03:51:50.220 --> 03:51:53.640 Atty. Michael Wesley Poa: been giving a lot of time to opposing counsel as a sign of respect. 03:51:53.640 --> 03:51:59.720 Sen. Francis "Chiz" G. Escudero: You have a longer patience than I do, Attorney Mark. Yes, counsel, where is this leading to? 03:52:01.240 --> 03:52:02.260 Atty. James Bryan Ibrahim A. Alih: If I may explain, Your Honor. 03:52:02.260 --> 03:52:11.730 Sen. Francis "Chiz" G. Escudero: Forgive me, this is 2011 and not covered. Unless you will Trace it all up to 2022. Where is this leading to, counsel? 03:52:12.310 --> 03:52:47.080 Atty. James Bryan Ibrahim A. Alih: That's precisely what I'm trying to do and I beg your patience, your honor. We're looking at a transaction way back 2011 that moved around for three or four years and eventually this would, without preempting the later, we will attempt to show your honor that later this amount, there is this 41 million Tapos meron pa pong 55 million. At at some point, magsasama po, we will try to prove that, Your Honor, magsasama sila ulit sa Julia Vargas branch, and they will use this to purchase several insurance policies for the same amount, Your Honor. 03:52:47.160 --> 03:52:59.240 Sen. Francis "Chiz" G. Escudero: The point being, counsel, forgive me, you are trying to explain the source of the insurance policies bought? Not... 03:52:59.430 --> 03:53:00.010 Sen. Francis "Chiz" G. Escudero: So 03:53:00.010 --> 03:53:02.810 Sen. Francis "Chiz" G. Escudero: then that'd be the job of the respondent if at all. 03:53:04.640 --> 03:53:09.340 Sen. Francis "Chiz" G. Escudero: And number two, counsel, each 03:53:12.670 --> 03:53:27.670 Sen. Francis "Chiz" G. Escudero: transaction may be, of course the witness will not answer, may be included as a CTR or STR. 03:53:31.050 --> 03:53:33.770 Sen. Francis "Chiz" G. Escudero: At sa dami ng sinasabi mong transaction, 03:53:36.600 --> 03:53:44.040 Sen. Francis "Chiz" G. Escudero: I guess, again, that's the job of the respondent. But, yes, Senator Judge Lacson, please. 03:53:45.860 --> 03:53:46.300 Sen. Francis "Chiz" G. Escudero: What 03:53:46.300 --> 03:53:47.020 Sen. Francis "Chiz" G. Escudero: is your pleasure, sir? 03:53:47.240 --> 03:53:54.710 Sen. Panfilo “Ping” M. Lacson: Without preventing the prosecution panel, may I venture a guess kung saan papunta? You're trying to establish a pattern? 03:53:55.130 --> 03:53:56.650 Atty. James Bryan Ibrahim A. Alih: Yes, sir. That's exactly what we're 03:53:56.650 --> 03:53:56.770 Atty. James Bryan Ibrahim A. Alih: trying to do. 03:53:56.770 --> 03:53:58.210 Sen. Panfilo “Ping” M. Lacson: Aim at approving concealment? 03:53:58.570 --> 03:53:59.570 Atty. James Bryan Ibrahim A. Alih: Yes, sir. Thank 03:53:59.570 --> 03:53:59.710 Sen. Panfilo “Ping” M. Lacson: you. 03:54:01.110 --> 03:54:02.490 Atty. James Bryan Ibrahim A. Alih: If I can, Your Honor, I can. 03:54:02.550 --> 03:54:03.510 Sen. Francis "Chiz" G. Escudero: Please, Attorney James. 03:54:03.850 --> 03:54:26.010 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. That's what we're trying to say, Your Honor. We wanted to establish a pattern. An apology is that it takes quite some time because I wanted to do it right with the documents. But ang punto lang naman po eventually is that yung manager's check na pinapaikot hindi nakikita sa year-end balance kasi naka-float yung pera na yun. So yun lang naman po yung sanang gusto namin i-establish as a baseline. 03:54:27.890 --> 03:54:28.930 Atty. James Bryan Ibrahim A. Alih: Yung manager's 03:54:28.930 --> 03:54:33.940 Atty. James Bryan Ibrahim A. Alih: check na pinapaikot hindi nakikita. Sa year 03:54:33.940 --> 03:54:36.880 Atty. James Bryan Ibrahim A. Alih: -end balancer kasi naka-float po siya. 03:54:36.980 --> 03:54:41.320 Sen. Panfilo “Ping” M. Lacson: So I have a question for you, Mr. Mau. How would you classify a time deposit? 03:54:43.380 --> 03:54:56.550 Sen. Francis "Chiz" G. Escudero: Is it included in the account of the account holder? Kung and or yan, dapat kasama yan sa account ng may-ari nung time deposit? 03:54:59.300 --> 03:55:04.640 Sen. Francis "Chiz" G. Escudero: Paano siya naka-float? Hiwalay ba yan sa savings at checking account? Account Holder. 03:55:05.050 --> 03:55:09.850 Marwin L. Galvez: Your Honor, may I clarify, you're referring to the time deposit po? 03:55:09.850 --> 03:55:11.290 Sen. Francis "Chiz" G. Escudero: Yes, time deposit muna tayo. 03:55:11.290 --> 03:55:15.170 Marwin L. Galvez: Pag time deposit po, kasama po siya sa total balance. 03:55:15.310 --> 03:55:38.740 Sen. Francis "Chiz" G. Escudero: Ngayon, yung manager's check na in-issue, sabi mo kanina debit, credit, na debit dun sa time deposit pero na credit sa settlement account, mawawala ba yun sa account ng account holder? o nasa account pa rin ngayon. Simply backed up or guaranteed by the bank that there's cash backing it up. 03:55:39.340 --> 03:55:46.760 Marwin L. Galvez: Yung pong proceeds ng matured time deposit, Your Honor, pumapasok po sa settlement account ng 03:55:46.760 --> 03:55:47.580 Marwin L. Galvez: cliente rin po. 03:55:47.580 --> 03:55:58.270 Sen. Francis "Chiz" G. Escudero: At pag na-issue nyo ng MC, lalabas ba yun sa account? Hindi na siya kasama nung account? O kasama pa rin siya nung account hanggat hindi in-encash yung MC? 03:55:58.970 --> 03:56:06.170 Marwin L. Galvez: For that question, Your Honor, kapag dinebit po, or tinanggal sa account po ng kliyente, babawas po siya sa 03:56:06.170 --> 03:56:06.270 Marwin L. Galvez: balance. 03:56:06.270 --> 03:56:10.130 Sen. Francis "Chiz" G. Escudero: Sir, sir, sir, dinanggal nyo sa account ng time deposit ng kliyente? 03:56:10.130 --> 03:56:11.410 Marwin L. Galvez: Tama po, your honor. 03:56:11.410 --> 03:56:14.550 Sen. Francis "Chiz" G. Escudero: So kinreddit nyo sa settlement account ng kliyente? 03:56:14.550 --> 03:56:15.550 Marwin L. Galvez: That's correct po, your honor. 03:56:15.550 --> 03:56:20.830 Sen. Francis "Chiz" G. Escudero: Pag nag-issue po ba kayo ng time deposit, ibabawas nyo na yan sa settlement account ng kliyente? 03:56:21.470 --> 03:56:26.270 Marwin L. Galvez: Yes po, your honor. Pag nag-issue po ng time deposit certificate, 03:56:26.270 --> 03:56:27.110 Sen. Francis "Chiz" G. Escudero: Hindi po, MC. 03:56:27.110 --> 03:56:35.530 Marwin L. Galvez: Ah, pag MC po. That's correct po, your honor. Babawas na yun. Babawas po siya sa account, your honor, because kailangan po naming pondohan yung manager's check. 03:56:35.530 --> 03:56:39.520 Sen. Francis "Chiz" G. Escudero: Kahit hindi pa actually ginagamit. 03:56:39.520 --> 03:56:45.380 Marwin L. Galvez: Hindi po kami makakapag-issue, your honor, ng manager's check ng walang kabanggang pambayad po. 03:56:45.380 --> 03:56:49.400 Sen. Francis "Chiz" G. Escudero: So, pag nag-issue kayo ng MC, binawas nyo na sa account yun? 03:56:49.400 --> 03:56:53.340 Marwin L. Galvez: That is correct po, your honor. From the account of the purchaser po. 03:56:53.760 --> 03:56:56.600 Sen. Francis "Chiz" G. Escudero: Hawak na nung bangko yung pera. 03:56:57.490 --> 03:57:12.010 Marwin L. Galvez: Yung pong balansi po na binawas sa account po nang bumili ng manager's check po, yung balansi po nun, nasa settlement account po ng bangko. Settlement account po ng manager's check, your honor. 03:57:12.010 --> 03:57:13.410 Sen. Francis "Chiz" G. Escudero: So hiwalay na account na yun? 03:57:13.410 --> 03:57:13.830 Marwin L. Galvez: Yes po. 03:57:13.890 --> 03:57:23.590 Marwin L. Galvez: Parang isipin niyo po yung manager's check settlement account ng bangko ay parang isa pong live account po yan kung saan po pumapasok. 03:57:27.340 --> 03:57:31.220 Sen. Francis "Chiz" G. Escudero: So pag nag-issue 03:57:31.220 --> 03:57:39.660 Sen. Francis "Chiz" G. Escudero: ng MC, mapupunta sa parang limbo ngayon na tinatawag mong settlement account of the bank, not of the account holder. 03:57:53.470 --> 03:57:57.410 Sen. Francis "Chiz" G. Escudero: Ngayon, pag nag-lapse yung MC, babalik ba yun sa account o hindi? 03:57:57.890 --> 03:58:10.190 Marwin L. Galvez: Hanggat hindi po ibinabalik sa amin ng purchaser po or in the case po of the payee, yung original, hindi po siya bumabalik sa account po ng bumili po ng 03:58:10.190 --> 03:58:10.650 Marwin L. Galvez: manager's check. 03:58:10.650 --> 03:58:18.270 Sen. Francis "Chiz" G. Escudero: Ngayon, pag binalik sa inyo dahil hindi pa nagamit, nagpa-issue ng bago, babalik ba yun sa settlement account na account holder o hindi na? 03:58:18.670 --> 03:58:36.340 Marwin L. Galvez: Tama po, Your Honor. Ang proseso po is kapag ibinalik po ang manager's check, At ipapasok na po namin yung amount na nakalagay sa manager's check pabalik po dun sa nag-purchase ng MC, Your Honor. 03:58:36.700 --> 03:58:41.140 Sen. Francis "Chiz" G. Escudero: Pabalik, tapos pag nag-issue kayo ng MC, babawas ulit, nalagay na naman settlement account ng banko? 03:58:41.260 --> 03:58:42.080 Marwin L. Galvez: Tama po yun, Your 03:58:42.080 --> 03:58:42.120 Marwin L. Galvez: Honor. 03:58:42.120 --> 03:58:45.960 Sen. Francis "Chiz" G. Escudero: Now, each of these are separate transactions of the account holder? 03:58:45.960 --> 03:58:47.640 Marwin L. Galvez: That is correct po, Your Honor. 03:58:47.640 --> 03:59:00.250 Sen. Francis "Chiz" G. Escudero: Okay. Forgive me, Atty. Mike, we'll allow it at this time. Hopefully, you can go direct to the point, Atty. James. I know it's laborious but 03:59:00.250 --> 03:59:01.430 Sen. Francis "Chiz" G. Escudero: let's 03:59:01.430 --> 03:59:02.710 Sen. Francis "Chiz" G. Escudero: try to go through this. I 03:59:02.710 --> 03:59:48.120 Atty. James Bryan Ibrahim A. Alih: apologize, Your Honor. It's really that complicated. That's why I had to go through the difficulty of checking every document in order to be accurate. But I guess, given that there was already a clarification on that matter, Your Honor, and to save the court's time, I would move on from that 41 million, Your Honor. And because this is already part of the record so that I don't have to go through this, Your Honor, a similar time deposit that became an MC in the amount of 55 million was also running the same years simultaneous with this 41. So it's a total of 96 million. And I would dispense, Your Honor, with having to go through that, Your Honor. 03:59:50.060 --> 03:59:50.980 Sen. Francis "Chiz" G. Escudero: The Clerk 03:59:50.980 --> 03:59:54.480 Sen. Francis "Chiz" G. Escudero: of Court can call it. Yes, Senator Judge Bam Aquino is recognized. 03:59:56.780 --> 03:59:59.020 Sen. Francis "Chiz" G. Escudero: What is the pleasure of Senator Aquino? 04:00:00.000 --> 04:00:25.500 Sen. Paolo Benigno “Bam” Aquino: Mr. Witness, yung ibang mga abogado ko tsaka ako kami rin dito naguusap. Ngayon lang namin alaman na may ganyang parang scheme na pwedeng itago. Is this known in the banking circles that you can get your money, put it in an MC, wala siya sa ending balance, tapos after six months babalik rin siya. Is this a known scheme in the banking circles or is this also new to you? 04:00:27.400 --> 04:00:58.930 Marwin L. Galvez: Your Honor, if I may answer that po, kapag bumili po ang kliyente ng manager's check, kasama po sa application form po namin yung reason for the purchase of the manager's check. In my experience po sa branch banking operations, may mga nangyayari po talaga na ang biniling manager's check po ay hindi po nagamit. Kaya po ito nire-request na ibalik po sa account ng purchaser. And this is not uncommon po, Your Honor. 04:00:59.210 --> 04:01:06.330 Sen. Paolo Benigno “Bam” Aquino: But is this a known method of keeping your money? 04:01:08.030 --> 04:01:10.990 Sen. Paolo Benigno “Bam” Aquino: May term ba ito sa banking circles? 04:01:12.630 --> 04:01:13.990 Sen. Paolo Benigno “Bam” Aquino: So common ito? 04:01:14.330 --> 04:01:36.940 Marwin L. Galvez: Sir, I only pertain po dun sa manner by which Yung pagpasok po at paglabas ng pera from the manager's settlement account. Kung ano po yung purpose ng kliyente sa paggawa niya ng pag-request ng manager's check at pagbalik po. With all due respect, your honor, I cannot comment on that. 04:01:37.060 --> 04:01:41.400 Sen. Paolo Benigno “Bam” Aquino: Okay, is there, is the purpose there in your records? May nakalagay ba na purpose dyan? 04:01:41.560 --> 04:01:43.300 Marwin L. Galvez: I will have to... 04:01:43.300 --> 04:01:46.300 Sen. Paolo Benigno “Bam” Aquino: Naka 04:01:47.710 --> 04:01:52.810 Sen. Paolo Benigno “Bam” Aquino: -annotate ba yan dyan? And is that violative of any rule? If you will read it to us. 04:01:52.990 --> 04:02:01.560 Marwin L. Galvez: Your Honor, if I can look at one document, if I may. 04:02:02.500 --> 04:02:03.520 Atty. James Bryan Ibrahim A. Alih: Anin to yung hinanap 04:02:03.520 --> 04:02:04.440 Atty. James Bryan Ibrahim A. Alih: niyo? 04:02:04.440 --> 04:02:07.800 Marwin L. Galvez: Your Honor po is asking for a manager's check application. 04:02:07.800 --> 04:02:08.240 Atty. James Bryan Ibrahim A. Alih: Yes, 04:02:08.260 --> 04:02:08.280 Atty. James Bryan Ibrahim A. Alih: sir. 04:02:09.100 --> 04:02:14.330 Atty. James Bryan Ibrahim A. Alih: Kindly go to page 7. 04:02:17.610 --> 04:02:20.270 Sen. Paolo Benigno “Bam” Aquino: Page 7, 04:02:20.500 --> 04:02:24.190 Atty. James Bryan Ibrahim A. Alih: there's a manager's check there. With MC 13434. 04:02:30.410 --> 04:02:30.890 Atty. James Bryan Ibrahim A. Alih: 1343. 04:02:32.630 --> 04:02:33.110 Atty. James Bryan Ibrahim A. Alih: 13434. 04:02:33.550 --> 04:02:36.150 Marwin L. Galvez: Sorry, putol po yung kakopya. 04:02:38.840 --> 04:02:41.520 Sen. Paolo Benigno “Bam” Aquino: So our records do not indicate ano yung purpose? 04:02:41.520 --> 04:02:42.580 Marwin L. Galvez: No, Your Honor. 04:02:42.580 --> 04:02:48.840 Sen. Paolo Benigno “Bam” Aquino: That's fine. Sige, Mr. Witness. So ito pong practice na ito is common. 04:02:50.480 --> 04:02:52.640 Sen. Paolo Benigno “Bam” Aquino: Hindi din naman ito iligal, di ba? Hindi din naman ito iligal. 04:02:52.640 --> 04:02:52.960 Marwin L. Galvez: Meron 04:02:52.960 --> 04:02:59.740 Marwin L. Galvez: pong mga nangyayari talaga, Your Honor, na may mga bumibili po ng manager's check. At hindi po nagagamit yung MC. 04:03:17.600 --> 04:03:19.340 Sen. Paolo Benigno “Bam” Aquino: by people in the banking industry. 04:03:19.620 --> 04:03:24.880 Marwin L. Galvez: Your Honor, as to purposely being done po, I cannot comment on that. 04:03:24.880 --> 04:03:29.780 Sen. Paolo Benigno “Bam” Aquino: Sorry, not on this particular case, but in general, is it something that's done? 04:03:30.680 --> 04:03:43.670 Marwin L. Galvez: Hindi ko po masasagot, Your Honor. Paumanhin po kung yung iba pong kliyente, purposely ginagawa po nilang bumili ng manager's check. Para ibalik po ulit after six months. 04:04:07.760 --> 04:04:14.600 Sen. Francis "Chiz" G. Escudero: Respect that with the indulgence of Senator Judge Pangilinan. So, can you continue with the direct examination of Attorney James? You may continue, 04:04:14.640 --> 04:04:14.780 Sen. Francis "Chiz" G. Escudero: Attorney 04:04:14.780 --> 04:04:14.960 Sen. Francis "Chiz" G. Escudero: James. 04:04:15.100 --> 04:04:23.320 Atty. James Bryan Ibrahim A. Alih: Given the discussion, sir, I do not want to belabor this point. So, I'll just ask another question. Do you have here the manager's check in front of you? 04:04:24.620 --> 04:04:27.140 Marwin L. Galvez: Yung pong page 7. 04:04:27.500 --> 04:04:27.860 Atty. James Bryan Ibrahim A. Alih: Opo. 04:04:28.020 --> 04:04:29.100 Marwin L. Galvez: Is that the one you're referring to? 04:04:29.100 --> 04:04:30.640 Atty. James Bryan Ibrahim A. Alih: May manager's check po ba? 04:04:30.680 --> 04:04:30.860 Marwin L. Galvez: Meron po. 04:04:31.400 --> 04:04:33.560 Atty. James Bryan Ibrahim A. Alih: Sino po yung pay nung manager's check? 04:04:33.880 --> 04:04:40.540 Marwin L. Galvez: Payee po, based on page 7 po, for manager check dated April 19, 2012. Tama po ba, sir? 04:04:40.660 --> 04:04:41.180 Marwin L. Galvez: Ang 04:04:41.180 --> 04:04:44.440 Marwin L. Galvez: payee po is si Rodrigo Roa Duterte. 04:04:44.740 --> 04:04:59.980 Atty. James Bryan Ibrahim A. Alih: Yeah, but based on your credit debit memo kanina, that came from the account, Julia Vargas' account, which you confirmed a while ago, is under the name of VP Sara and Rodrigo Roa Duterte. That 04:04:59.980 --> 04:05:01.200 Marwin L. Galvez: is correct po. 04:05:01.200 --> 04:05:03.080 Atty. James Bryan Ibrahim A. Alih: That's fine. You're based on the records. That's 04:05:03.080 --> 04:05:06.600 Atty. James Bryan Ibrahim A. Alih: fine. Okay. I think I'll leave that. 04:05:13.630 --> 04:05:15.330 Atty. James Bryan Ibrahim A. Alih: Alright. Sige, sir. 04:05:20.120 --> 04:05:23.350 Atty. James Bryan Ibrahim A. Alih: Please go to, let me see. 04:05:25.700 --> 04:05:29.610 Atty. James Bryan Ibrahim A. Alih: Please go to page 64, sir. 04:05:31.270 --> 04:05:32.650 Atty. James Bryan Ibrahim A. Alih: Of the same exhibit. 04:05:39.970 --> 04:05:41.750 Atty. James Bryan Ibrahim A. Alih: There is another MC there, right? 04:05:42.430 --> 04:05:43.850 Marwin L. Galvez: That is correct, sir. 04:05:43.850 --> 04:05:44.370 Atty. James Bryan Ibrahim A. Alih: And 04:05:44.370 --> 04:05:47.760 Atty. James Bryan Ibrahim A. Alih: that is dated October 17? Tama po ba? 04:05:47.760 --> 04:05:49.720 Marwin L. Galvez: October 17, 2012, 04:05:51.500 --> 04:05:51.860 Marwin L. Galvez: your honor. 04:05:52.020 --> 04:05:53.080 Atty. James Bryan Ibrahim A. Alih: And what is the amount? 04:05:54.210 --> 04:05:54.730 Marwin L. Galvez: The 04:05:54.730 --> 04:06:00.470 Marwin L. Galvez: amount is 41,721,035.62. 04:06:00.710 --> 04:06:02.250 Atty. James Bryan Ibrahim A. Alih: So it's the same amount, okay. 04:06:07.710 --> 04:06:11.610 Atty. James Bryan Ibrahim A. Alih: Please go to page 40 of the same exhibit, sir. 04:06:25.300 --> 04:06:28.080 Atty. James Bryan Ibrahim A. Alih: Alright, so it's another manager's check, is that right? 04:06:29.790 --> 04:06:30.850 Marwin L. Galvez: That's correct, sir. 04:06:31.740 --> 04:06:34.560 Atty. James Bryan Ibrahim A. Alih: And how much again is that amount? 04:06:36.490 --> 04:06:40.950 Marwin L. Galvez: Sir, if you're referring to the manager's check dated October 7, 2013. 04:06:40.950 --> 04:06:41.770 Atty. James Bryan Ibrahim A. Alih: That's right, sir. 04:06:41.770 --> 04:06:48.190 Marwin L. Galvez: Ang amount po ay 41,721,035.62. 04:06:48.890 --> 04:06:49.430 Atty. James Bryan Ibrahim A. Alih: Alright. 04:06:54.560 --> 04:06:56.500 Atty. James Bryan Ibrahim A. Alih: At kanino po nakapangalan yan ulit? 04:06:57.510 --> 04:07:00.750 Marwin L. Galvez: Paid to the order of Rodrigo Roa, Duterte po, Your Honor. 04:07:00.830 --> 04:07:01.010 Atty. James Bryan Ibrahim A. Alih: Alright. 04:07:04.090 --> 04:07:04.870 Atty. James Bryan Ibrahim A. Alih: Sige, sir. 04:07:06.190 --> 04:07:06.730 Atty. James Bryan Ibrahim A. Alih: Alright. 04:07:15.370 --> 04:07:46.460 Atty. James Bryan Ibrahim A. Alih: As a final note on this point, sir, because I... I would also like to save time given the discussions a while ago. I would not go through the same process just to check and confirm again the other 55 million. My question is this. In the account where this came from, what I mean is that the amount where it was sourced is 04:07:49.090 --> 04:07:56.770 Atty. James Bryan Ibrahim A. Alih: Account numbers 9539. What again is the account name of that bank account? 04:07:57.350 --> 04:07:57.990 Atty. Michael Wesley Poa: As an answer, 04:07:58.070 --> 04:07:58.450 Atty. Michael Wesley Poa: Your Honor. 04:07:58.450 --> 04:08:00.790 Atty. James Bryan Ibrahim A. Alih: Just final note, if given some leeway wrong. 04:08:00.900 --> 04:08:01.540 Atty. Michael Wesley Poa: As an answer, Your Honor. 04:08:03.160 --> 04:08:08.760 Sen. Francis "Chiz" G. Escudero: As an answer, counsel, I can even remember how it is written with the different ors and the ends. 04:08:10.380 --> 04:08:12.740 Sen. Francis "Chiz" G. Escudero: Move on, counsel. It is off record already. 04:08:13.040 --> 04:08:18.940 Atty. James Bryan Ibrahim A. Alih: Thank you, Your Honor. We submit. All right, sir. Now, I direct you to... 04:08:24.060 --> 04:08:28.800 Atty. James Bryan Ibrahim A. Alih: Apologies, Your Honor. I'm wrestling with the idea of ending. Sir, 04:08:31.210 --> 04:08:43.490 Atty. James Bryan Ibrahim A. Alih: are you in the position to confirm to this honorable court whether BPI maintains foreign bank accounts under 04:08:45.190 --> 04:08:47.810 Atty. James Bryan Ibrahim A. Alih: the names of the Vice President? 04:08:47.990 --> 04:08:49.170 Atty. Michael Wesley Poa: Objection, Your Honor. Again. 04:08:51.660 --> 04:08:56.440 Sen. Francis "Chiz" G. Escudero: Sustained not part of the subpoena issued by this court and covered by the FCDU law. 04:08:57.520 --> 04:08:58.720 Atty. James Bryan Ibrahim A. Alih: Noted, Your Honor. We submit. 04:09:04.340 --> 04:09:11.900 Atty. James Bryan Ibrahim A. Alih: Sir, now I want to go to page 8. And this is the last question. 04:09:13.990 --> 04:09:21.830 Atty. James Bryan Ibrahim A. Alih: If you can just look at page 8, page 11, page 14, and 04:09:23.620 --> 04:09:26.180 Atty. James Bryan Ibrahim A. Alih: page 13 of 04:09:27.720 --> 04:09:28.580 Atty. James Bryan Ibrahim A. Alih: the same exhibit. 04:09:29.340 --> 04:09:32.060 Atty. James Bryan Ibrahim A. Alih: Let me know, sir, if you have that already with you. 04:09:32.300 --> 04:09:34.920 Atty. James Bryan Ibrahim A. Alih: Page 8, 11, 13. 04:09:35.200 --> 04:09:37.590 Sen. Francis "Chiz" G. Escudero: And 14. 04:09:37.590 --> 04:09:41.420 Atty. James Bryan Ibrahim A. Alih: So I'm asking this because... That's correct. 04:09:41.510 --> 04:09:43.120 Marwin L. Galvez: Yes. I have it here, Your Honor. 04:09:43.260 --> 04:09:48.780 Atty. James Bryan Ibrahim A. Alih: So looking at this document, sir, and this is... What is the date of this document? 04:09:51.040 --> 04:09:52.840 Marwin L. Galvez: Referring to which page, Your Honor? 04:09:53.540 --> 04:09:56.840 Atty. James Bryan Ibrahim A. Alih: Let's say, let's go to page 8. What is the date of this document? 04:09:57.300 --> 04:10:03.830 Marwin L. Galvez: For page 8, Your Honor, the date of the document is March 28, 2014. 04:10:03.830 --> 04:10:06.030 Atty. James Bryan Ibrahim A. Alih: How about page 11? What is the date? 04:10:12.160 --> 04:10:17.520 Marwin L. Galvez: For page 11, the date is also March 28, 2014, Your Honor. 04:10:17.560 --> 04:10:22.500 Atty. James Bryan Ibrahim A. Alih: And if you can look also at page 14, what is the date? 04:10:23.880 --> 04:10:28.840 Marwin L. Galvez: For page 14, the date is March 28, 2014, Your Honor. 04:10:28.840 --> 04:10:29.060 Atty. James Bryan Ibrahim A. Alih: And 04:10:29.060 --> 04:10:29.660 Atty. James Bryan Ibrahim A. Alih: going back to 04:10:29.660 --> 04:10:29.820 Atty. James Bryan Ibrahim A. Alih: page 04:10:29.820 --> 04:10:31.440 Atty. James Bryan Ibrahim A. Alih: 13, what is the date? 04:10:32.970 --> 04:10:33.310 Marwin L. Galvez: The 04:10:33.310 --> 04:10:34.930 Marwin L. Galvez: same date po, Your Honor. March 28, 04:10:35.170 --> 04:10:35.490 Marwin L. Galvez: 2014. 04:10:36.150 --> 04:10:39.030 Atty. James Bryan Ibrahim A. Alih: Ano po tong mga dokumento na to, Sir? 04:10:39.030 --> 04:10:40.290 Marwin L. Galvez: Yung pong mga 04:10:40.290 --> 04:10:42.370 Marwin L. Galvez: dokumento, 04:10:45.250 --> 04:10:54.110 Marwin L. Galvez: Your Honor, pare-pareho po siya. It pertains to a letter of instruction form po ng bangko. 04:10:54.110 --> 04:10:57.710 Atty. James Bryan Ibrahim A. Alih: Letter instruction form. And what does that mean? 04:10:57.710 --> 04:11:13.520 Marwin L. Galvez: Dito po sa form na to, Your Honor, if I may read. Authorizes the bank to transfer from a specific account with 04:11:13.770 --> 04:11:16.170 Marwin L. Galvez: a stated amount. 04:11:16.170 --> 04:11:20.030 Atty. James Bryan Ibrahim A. Alih: Alright. And what is the account kahit yung last digits na lang po? 04:11:20.030 --> 04:11:23.010 Marwin L. Galvez: For page 8, Your Honor, 04:11:23.190 --> 04:11:34.280 Marwin L. Galvez: the last four digits of the account were by authorization to transfer from is ending in 9539. 04:11:34.800 --> 04:11:37.300 Atty. James Bryan Ibrahim A. Alih: How about Page 11. 04:11:45.750 --> 04:11:47.750 Atty. James Bryan Ibrahim A. Alih: Kahit yung last digits na lang po. 04:11:47.750 --> 04:11:50.690 Marwin L. Galvez: Last four digits, 9539, Your Honor. 04:11:50.690 --> 04:11:51.370 Atty. James Bryan Ibrahim A. Alih: Page 13. 04:11:56.930 --> 04:12:00.130 Marwin L. Galvez: Same last four digits, Your Honor, 9539. 04:12:00.130 --> 04:12:01.050 Atty. James Bryan Ibrahim A. Alih: And page 14. 04:12:02.760 --> 04:12:03.880 Marwin L. Galvez: 9539, Your Honor. 04:12:04.240 --> 04:12:13.900 Atty. James Bryan Ibrahim A. Alih: Sir, nabanggit nyo at nabasa nyo kanina, this is to authorize the transfer from the bank account that you've mentioned a certain amount. What is the amount? 04:12:16.270 --> 04:12:22.530 Marwin L. Galvez: Sa page 8 po, ang amount po na nakalagay sa letter of instruction is 20 million pesos, Your Honor. 04:12:22.750 --> 04:12:26.550 Atty. James Bryan Ibrahim A. Alih: And for the other pages? For the remaining 3 pages? 04:12:31.030 --> 04:12:35.630 Marwin L. Galvez: For page 11, 20 million pesos, Your Honor. 04:12:35.630 --> 04:12:36.650 Atty. James Bryan Ibrahim A. Alih: Page 14? 04:12:40.060 --> 04:12:41.920 Atty. James Bryan Ibrahim A. Alih: Page 13? Sorry. 04:12:41.920 --> 04:12:42.420 Marwin L. Galvez: For 04:12:42.420 --> 04:12:44.920 Marwin L. Galvez: page 13, 20 million pesos, Your 04:12:44.920 --> 04:12:45.040 Marwin L. Galvez: Honor. 04:12:45.040 --> 04:12:47.400 Atty. James Bryan Ibrahim A. Alih: And also for page 14, how much? 04:12:47.900 --> 04:12:50.120 Marwin L. Galvez: Also 20 million pesos, Your Honor. 04:12:50.360 --> 04:13:12.090 Atty. James Bryan Ibrahim A. Alih: Nag-authorize po dito ng transfer from the 9539 or the Julio Vargas branch in the amount of 20 million. And based on the policy numbers, sir, these are four different policy numbers. Ano po yung purpose nung transfer? Or nung, yeah, nung authorization to transfer? 04:13:12.820 --> 04:13:36.610 Marwin L. Galvez: Base po dun sa account na nakaspecify dun sa instruction po. Your Honor, yung pong authority to transfer is to debit the account 9539 papunta po sa settlement account sa BPI ng BPI-Philam Life Assurance Corporation. 04:13:36.610 --> 04:13:38.820 Atty. James Bryan Ibrahim A. Alih: Parehas sa lahat, tama po? 04:13:38.820 --> 04:13:40.020 Marwin L. Galvez: Yes po, Your Honor. 04:13:40.220 --> 04:13:55.540 Atty. James Bryan Ibrahim A. Alih: And this is, could you confirm that based on the records or those documents, it is for the 20 million separate, 20 million or 80 million lahat? We're used to buy peso plans. Tama po ba yun? 04:13:58.760 --> 04:14:02.120 Marwin L. Galvez: I'm sorry, Your Honor, the document does not say... In 04:14:02.120 --> 04:14:02.780 Atty. James Bryan Ibrahim A. Alih: the middle, sir. 04:14:02.940 --> 04:14:03.460 Marwin L. Galvez: Sorry. 04:14:03.820 --> 04:14:07.400 Atty. James Bryan Ibrahim A. Alih: Meron pong naka-X na 4 peso plans. 04:14:14.640 --> 04:14:17.560 Marwin L. Galvez: Can you point me to the item, Your Honor? 04:14:19.920 --> 04:14:22.340 Sen. Francis "Chiz" G. Escudero: Assisting counsel may do so, or... 04:14:27.750 --> 04:14:28.790 Marwin L. Galvez: Oh, sir. Okay. 04:14:33.060 --> 04:14:42.040 Marwin L. Galvez: Confirming, Your Honor, the instruction is for... As specified in the letter of instruction is for peso plans. 04:14:42.340 --> 04:14:57.300 Atty. James Bryan Ibrahim A. Alih: Alright, sir. So that's 80 million for peso plans. Now I'm looking for the 16th. I'm going to direct you to page 50 of the records. And this is my last question, sir. 04:15:16.540 --> 04:15:21.000 Atty. James Bryan Ibrahim A. Alih: I'm sorry, sir. I was mistaken. Please proceed to page 60. Hindi pala 50. 04:15:24.300 --> 04:15:26.900 Atty. James Bryan Ibrahim A. Alih: of the same exhibits that you submitted. 04:15:32.590 --> 04:15:49.380 Atty. James Bryan Ibrahim A. Alih: Nakita niyo na pa? Page 60. Alright, sir. So, in page 60, this also involves another manager's check with check number 20536 dated May 30, 2016. What is the amount, sir? 04:15:51.330 --> 04:15:52.970 Atty. James Bryan Ibrahim A. Alih: For... Sir, 04:15:54.560 --> 04:15:58.820 Marwin L. Galvez: may I confirm if you're referring to the check number 20536? 04:15:59.920 --> 04:16:00.800 Atty. James Bryan Ibrahim A. Alih: 20536, sir. 04:16:00.840 --> 04:16:08.870 Marwin L. Galvez: Yes, sir. The amount of the manager's check is 16,852,782 04:16:08.870 --> 04:16:09.410 Marwin L. Galvez: .94. 04:16:09.410 --> 04:16:20.500 Atty. James Bryan Ibrahim A. Alih: So, 16 million. And last question, sir. To complete the 96 million, sino po yung payee ng 16 million na ito? 04:16:21.410 --> 04:16:28.370 Marwin L. Galvez: Based on the records we submitted, Your Honor, ang payee po ng manager's check number 20536 04:16:30.440 --> 04:16:35.980 Marwin L. Galvez: dated May 30, 2016, Samuel C. 04:16:37.730 --> 04:16:38.250 Marwin L. Galvez: Uy. 04:16:38.250 --> 04:16:39.410 Atty. James Bryan Ibrahim A. Alih: Again, sir? 04:16:39.410 --> 04:16:41.430 Marwin L. Galvez: Samuel C. Uy. 04:16:41.430 --> 04:16:41.830 Atty. James Bryan Ibrahim A. Alih: Alright. 04:16:45.890 --> 04:16:46.950 Atty. James Bryan Ibrahim A. Alih: No further questions, 04:16:47.170 --> 04:16:47.510 Atty. Michael Wesley Poa: Your Honor. 04:16:48.130 --> 04:16:49.610 Sen. Francis "Chiz" G. Escudero: Cross, Attorney Mike. 04:16:49.790 --> 04:16:51.490 Atty. Michael Wesley Poa: Yes, Your Honor. If I may proceed with the permission of the Honorable Court. 04:16:51.490 --> 04:16:52.570 Sen. Francis "Chiz" G. Escudero: You may proceed, sir, when you're ready. 04:16:52.830 --> 04:16:54.720 Atty. Michael Wesley Poa: Yes, Your Honor. 04:16:54.720 --> 04:16:57.040 Sen. Francis "Chiz" G. Escudero: Uminom din po muna kayo ng tubig, Mr. Mao. 04:16:57.160 --> 04:16:57.960 Marwin L. Galvez: Thank you, Your Honor. 04:16:59.480 --> 04:17:00.940 Atty. Michael Wesley Poa: Magandang hapon po, Mr. Galvez 04:17:00.940 --> 04:17:02.120 Marwin L. Galvez: Magandang hapon po. 04:17:02.120 --> 04:17:24.990 Atty. Michael Wesley Poa: Nakainom na po kayo ng tubig. Mr. Galvez, you mentioned earlier during your direct testimony that you are the division head ng Central and Metro Manila branches. Salamat po ba? Just to ask you, Previous to this position, were you ever an account manager that directly handled any of the accounts that we are talking about now sa BPI? 04:17:24.990 --> 04:17:25.790 Marwin L. Galvez: Wala po. Wala 04:17:25.790 --> 04:17:26.130 Marwin L. Galvez: po. 04:17:26.370 --> 04:17:26.710 Atty. Michael Wesley Poa: So, 04:17:26.850 --> 04:17:34.110 Atty. Michael Wesley Poa: basically, you wouldn't have any personal knowledge on the circumstances dun sa pagbubukas ng mga account na ito. Tama po ba? 04:17:34.110 --> 04:17:34.970 Marwin L. Galvez: That is correct po. 04:17:35.210 --> 04:17:35.690 Atty. Michael Wesley Poa: And 04:17:35.690 --> 04:17:42.470 Atty. Michael Wesley Poa: you are only testifying today based on the documents that you collated pursuant to the subpoena issued by the Honorable Court. Tama po ba? 04:17:42.470 --> 04:17:43.430 Marwin L. Galvez: Tama po, sir. 04:17:43.430 --> 04:18:04.280 Atty. Michael Wesley Poa: So, well, para lang po sa kalaman nating lahat, I think maganda nating mapaliwanag. Pagdating po dun lang sa mga accounts that were touched upon by the prosecution. Yung mga accounts na pwedeng buksan ng general public sa BPI. Specifically, yung ating mga personal accounts or accounts for natural persons. Tama po ba? 04:18:04.420 --> 04:18:05.060 Marwin L. Galvez: Yes po. 04:18:05.180 --> 04:18:13.200 Atty. Michael Wesley Poa: You offer that. At dun po, meron pong individual accounts o isa lang yung depositor. Tama po? 04:18:13.200 --> 04:18:13.860 Marwin L. Galvez: Tama po. 04:18:13.860 --> 04:18:29.840 Atty. Michael Wesley Poa: At meron din pong joint accounts. That means more than one depositor. At pagdating po sa joint accounts, meron po kasing tinatawag na joint end account. Tama po ba? Ano po ba ibig sabihin pag end yung joint account? 04:18:30.160 --> 04:18:52.750 Marwin L. Galvez: Ang ibig sabihin po sir kapag ang account ay joint end, kung sino po ang nakapangalan doon sa account, ang ibig sabihin po noon walang niisang Pwede pumirma lang po or mag-operate. Dapat po lahat ng nakapangalan sa account ay pumirma po. Magbigay ng authority or instruction. 04:18:52.970 --> 04:18:59.970 Atty. Michael Wesley Poa: Okay, salamat po. And then meron din po tayong tinatawag na joint or account. Ano pong pagkakaiba nun sa end 04:18:59.970 --> 04:19:00.890 Atty. Michael Wesley Poa: account? 04:19:00.890 --> 04:19:12.780 Marwin L. Galvez: Di katulad po dun sa end account or owner pag sinabi pong or account, any one of the depositors identified or named in the account may sign Singli, 04:19:12.780 --> 04:19:33.280 Atty. Michael Wesley Poa: Your Honor. Thank you po, Mr. Witness. Natanong ko po yan kasi yung pinag-uusapan natin ditong joint account ng former President Rodrigo Duterte and the respondent, Vice President Sara Duterte. Specifically, account number, I think it's ending 9539. Tama po? 04:19:36.640 --> 04:19:37.800 Atty. Michael Wesley Poa: 2433069539. Tama po? 04:19:37.800 --> 04:19:39.160 Marwin L. Galvez: Tama po. 04:19:39.160 --> 04:19:52.580 Atty. Michael Wesley Poa: Pagdating po dito sa account na ito, napansin ko, Yung pagkasulat ng account name niya is Rodrigo R. Duterte or Rodrigo R. Duterte and Sara Z. Duterte. Tama po ba yun? Is that accurate? 04:19:52.580 --> 04:19:53.400 Marwin L. Galvez: Tama po, sir. 04:19:53.400 --> 04:20:09.710 Atty. Michael Wesley Poa: So tama rin po ba yung pagkakaintindi ko na sa ganitong structure ng joint account, kung pwede nating tawagin ganun, ay si former President Rodrigo R. Duterte ay pwede po siyang mag-transact mag-isa or alone, singly? 04:20:09.710 --> 04:20:10.770 Marwin L. Galvez: Tama po, sir. 04:20:10.770 --> 04:20:17.740 Atty. Michael Wesley Poa: Tama po. Of course, the former president can also transact with Sara Z. Duterte. Tama po? 04:20:17.740 --> 04:20:19.600 Marwin L. Galvez: With po. Tama po. 04:20:19.600 --> 04:20:29.660 Atty. Michael Wesley Poa: But Respondent Vice President Sara Z. Duterte cannot transact alone without the consent or the signature of the former president, yung ama po niya. 04:20:29.660 --> 04:20:31.120 Marwin L. Galvez: That is correct po. That 04:20:31.120 --> 04:20:31.240 Marwin L. Galvez: is 04:20:31.240 --> 04:20:31.360 Marwin L. Galvez: correct. 04:20:31.580 --> 04:20:32.560 Marwin L. Galvez: Based on the... 04:20:35.930 --> 04:20:36.330 Atty. Michael Wesley Poa: Thank 04:20:36.330 --> 04:20:48.570 Atty. Michael Wesley Poa: you po. Ngayon, tinignan ko rin po kasi yung mga transaksyon na sinumitin nyo. And I would assume that, and please correct me if I'm wrong, na binasa nyo naman po yung mga submissions. But I can confront you with the documents anytime. 04:20:48.570 --> 04:20:49.770 Marwin L. Galvez: Yes po. Opo. 04:20:49.770 --> 04:21:09.250 Atty. Michael Wesley Poa: And one of the, nabansin ko kasi yung mga nabanggit kanina na manager's checks. Specifically yung application sa pag-purchase itong manager's checks na to. Papakita ko na lang po sa inyo yung mismong application para po mabasa nyo and ma-confirm nyo. Your Honors, permission to approach the witness, Your Honor? 04:21:09.410 --> 04:21:18.360 Sen. Francis "Chiz" G. Escudero: Continuing authorities given for either or both assisting counsel and counsel conducting cross to approach the witness. 04:21:20.060 --> 04:21:21.020 Atty. Michael Wesley Poa: Punahin ko na lang ito. 04:21:23.110 --> 04:21:42.760 Atty. Michael Wesley Poa: Your Honors, I'm referring to document exhibit number... Sorry, let me just check the exhibit number. Exhibit number P for the prosecution P, Roman numeral number 2, dash 8, dash 2, dash 3, dash 1, dash 3, dash BPI. 04:21:44.500 --> 04:21:52.530 Atty. Michael Wesley Poa: Specifically, I'd like to look at first yung page 51 of that exhibit, Your Honor. So ito po yung page 51. 04:21:55.620 --> 04:21:56.860 Atty. Michael Wesley Poa: Confirm lang kung pareho. 04:21:59.030 --> 04:22:06.090 Atty. Michael Wesley Poa: Ito po yung application para sa manager's check. Tama po ba? To purchase a manager's cheque. 04:22:06.100 --> 04:22:06.660 Atty. Michael Wesley Poa: Tama po. 04:22:06.940 --> 04:22:07.380 Marwin L. Galvez: Tama po, sir. 04:22:07.530 --> 04:22:16.410 Atty. Michael Wesley Poa: At maaari niyo po bang sabihin kung sino po yung pumirma dito sa application na to? Kung sino po yung nagre-request basically nung purchase ng manager's cheque? 04:22:16.550 --> 04:22:23.630 Marwin L. Galvez: Sir, with your permission po, your honor, maaari po ba akong mag-refer sa signature card para lang po makompare yung... 04:22:23.630 --> 04:22:26.600 Atty. Michael Wesley Poa: Opo, sige po. You may. Can 04:22:26.600 --> 04:22:26.780 Atty. Michael Wesley Poa: we 04:22:26.780 --> 04:22:27.700 Atty. Michael Wesley Poa: show the signature card? 04:22:27.770 --> 04:22:39.130 Sen. Francis "Chiz" G. Escudero: Kindly show him the signature card. Again, assisting counsel of both parties may approach. Continuing authority is granted not only for this witness but other witnesses as well that we will be hearing and listening to today. 04:22:40.440 --> 04:22:49.340 Atty. James Bryan Ibrahim A. Alih: For the record, your honor, can we request that the specific page containing the requested document be placed on record, your honor? 04:22:49.400 --> 04:22:49.920 Sen. Francis "Chiz" G. Escudero: Attorney Mike? 04:22:49.920 --> 04:22:52.720 Atty. Michael Wesley Poa: Yes, for the signature card, counsel? 04:22:52.720 --> 04:22:53.300 Sen. Francis "Chiz" G. Escudero: Yes, signature 04:22:53.300 --> 04:22:53.580 Sen. Francis "Chiz" G. Escudero: card. 04:22:53.580 --> 04:22:55.460 Atty. Michael Wesley Poa: Signature card, this is page... 04:23:01.900 --> 04:23:04.720 Atty. Michael Wesley Poa: Pardon, Your Honor, we're just trying to get the exact page number. 04:23:16.920 --> 04:23:17.880 Atty. Michael Wesley Poa: Let's look for another. 04:23:21.750 --> 04:23:22.950 Atty. Michael Wesley Poa: Just the page number. 04:23:28.290 --> 04:23:46.970 Atty. Michael Wesley Poa: The marking for this exhibit, Your Honor, is Exhibit P-RN 2-8-2-3-1-1-1-2-BPI, Your Honor, for the prosecution. 04:23:47.920 --> 04:23:51.000 Sen. Francis "Chiz" G. Escudero: Witness may answer? Is there a question already, 04:23:51.100 --> 04:23:51.560 Sen. Francis "Chiz" G. Escudero: Atty. Mike? 04:23:51.660 --> 04:23:52.480 Atty. Michael Wesley Poa: Wala pong page. 04:23:52.699 --> 04:23:52.700 Atty. Michael Wesley Poa: Ah, no no. 04:23:52.800 --> 04:23:54.740 Sen. Francis "Chiz" G. Escudero: Ah, page number. 04:23:54.960 --> 04:23:56.260 Sen. Francis "Chiz" G. Escudero: Ah, wala page number? 04:23:56.260 --> 04:23:57.960 Atty. Michael Wesley Poa: Page 1 of that exhibit. 04:24:00.010 --> 04:24:00.410 Sen. Francis "Chiz" G. Escudero: You 04:24:00.410 --> 04:24:05.720 Sen. Francis "Chiz" G. Escudero: referred to an exhibit counsel. You have assisting counsel to proceed, Atty. Mike. 04:24:07.550 --> 04:24:09.870 Atty. Michael Wesley Poa: Thank you. Na-compare niyo na po sa signature? 04:24:12.380 --> 04:24:15.460 Atty. Michael Wesley Poa: Hindi pa po yata na-compare, Your Honor. 04:24:15.460 --> 04:24:17.900 Sen. Francis "Chiz" G. Escudero: Can you please compare? Can you show it to Mr. Mao? 04:24:17.900 --> 04:24:18.300 Marwin L. Galvez: Yes. 04:24:20.150 --> 04:24:20.670 Marwin L. Galvez: Yes, po. 04:24:20.940 --> 04:24:22.700 Atty. Michael Wesley Poa: So, kaninong signature po yan? 04:24:23.060 --> 04:24:31.920 Marwin L. Galvez: Base po sa signature card, Your Honor, it appears to be the signature of Mr. Rodrigo Roa Duterte, Your Honor. 04:24:32.220 --> 04:24:45.700 Atty. Michael Wesley Poa: Thank you, Mr. Witness. Punta rin po tayo sa isa pang application kasi hindi lang naman isang application. Yung napansin ko sa mga transaksyon na ito. And this is found in the same exhibit, page 55 of that exhibit. 04:24:48.490 --> 04:24:57.520 Atty. Michael Wesley Poa: Isa pang application, you confirm that this is yet another application for the purchase of an MC or manager's check. Tama po ba? 04:24:58.780 --> 04:24:59.640 Marwin L. Galvez: Tama po, sir. 04:24:59.800 --> 04:25:01.760 Atty. Michael Wesley Poa: At sino po ang pumirma? 04:25:02.540 --> 04:25:08.020 Marwin L. Galvez: Ang pirmama po appears to be the signature po of Mr. Rodrigo Roa Duterte. Your Honor, 04:25:08.200 --> 04:25:11.200 Atty. James Bryan Ibrahim A. Alih: just to clarify, Your Honor, may we... Your 04:25:16.250 --> 04:25:17.190 Atty. James Bryan Ibrahim A. Alih: Honor, I'm sorry. 04:25:17.190 --> 04:25:17.890 Sen. Francis "Chiz" G. Escudero: Yes. 04:25:17.890 --> 04:25:22.210 Atty. James Bryan Ibrahim A. Alih: Just for clarification, Your Honor, because this appears to be an application for manager's check. 04:25:23.720 --> 04:25:30.840 Atty. James Bryan Ibrahim A. Alih: For the record, may we also know the resulting MC or manager's check for this application, Your Honor. 04:25:31.180 --> 04:25:35.810 Atty. Michael Wesley Poa: Your Honor, I'm just asking for the application. 04:25:37.030 --> 04:25:40.570 Sen. Francis "Chiz" G. Escudero: Kindly just answer the question, Mr. Mau and Atty. 04:25:41.210 --> 04:25:44.910 Sen. Francis "Chiz" G. Escudero: James. That can be the proper subject matter of redirect. 04:25:45.570 --> 04:25:46.050 Sen. Francis "Chiz" G. Escudero: He's 04:25:46.050 --> 04:25:48.910 Sen. Francis "Chiz" G. Escudero: not yet there and he might not even ask for that in his cross. 04:25:49.630 --> 04:25:50.970 Atty. James Bryan Ibrahim A. Alih: Submitted, Sir. Your Honor. 04:25:51.330 --> 04:25:52.050 Atty. Michael Wesley Poa: Sino po ang 04:25:52.050 --> 04:25:53.010 Atty. Michael Wesley Poa: pumirma sa application? 04:25:53.700 --> 04:26:00.320 Marwin L. Galvez: Base po sa application form and comparison sa signature card, it appears po si Mr. Rodrigo Roa, Duterte po. 04:26:00.320 --> 04:26:04.760 Atty. Michael Wesley Poa: Thank you po. At may nakikita po ba kayong pirma dyan ng Vice President Sara Duterte? 04:26:07.630 --> 04:26:09.190 Atty. Michael Wesley Poa: Wala po, Your Honor. Thank you. 04:26:11.200 --> 04:26:35.390 Atty. Michael Wesley Poa: Your Honor, kanina din po kasi na napag-uusapan din yung time deposit, di po ba? Pagdating po sa time deposit, and na-establish naman kanina, na yung mga pondong nasa paloob nitong account ending with 9539 ay ginamit para sa time deposit. Tama po ba? Meaning, in-invest sa time deposit. 04:26:35.390 --> 04:26:36.470 Marwin L. Galvez: Tama po. 04:26:36.470 --> 04:26:48.540 Atty. Michael Wesley Poa: Ngayon po, just to explain, pag ang pera po ay nilalagay sa time deposit, you create a separate account for that time deposit placement. Tama po ba? 04:26:48.540 --> 04:26:49.340 Marwin L. Galvez: Tama po, sir. 04:26:49.340 --> 04:26:53.400 Atty. Michael Wesley Poa: So it has a different and unique account number. Tama po ba? 04:26:53.400 --> 04:26:53.600 Marwin L. Galvez: That 04:26:53.600 --> 04:26:54.020 Marwin L. Galvez: is correct. 04:26:54.060 --> 04:27:01.020 Atty. Michael Wesley Poa: At pag ito po ay na pre-terminate or nag-mature, bumabalik po ito sa settlement account. Tama po? 04:27:01.020 --> 04:27:02.720 Marwin L. Galvez: As earlier mentioned po, tama po. 04:27:02.720 --> 04:27:14.100 Atty. Michael Wesley Poa: At pag naisipan po ng depositor na i-reinvest ito sa time deposit ulit, you again create a separate time deposit account for that. Is that correct? 04:27:14.100 --> 04:27:14.760 Marwin L. Galvez: Tama po. 04:27:17.260 --> 04:27:17.980 Atty. Michael Wesley Poa: At 04:27:17.980 --> 04:27:30.700 Atty. Michael Wesley Poa: kaya po ba marami ring mga account numbers falling under the same Rodrigo Roa Duterte or Rodrigo Duterte and Sara Duterte na mga account numbers na nag-close na po? 04:27:42.560 --> 04:28:05.960 Marwin L. Galvez: Hindi po ipa-determinate ng kliyente yung time deposit, magtutuloy-tuloy po siya. For example, ang auto-renewal po is for every 35 days, magtutuloy-tuloy po siya unless otherwise instructed by the depositor po. Ngayon po, kung hindi po siya auto-renew time deposit po, as soon as mag-mature po yung time deposit account, makikredit na po yung balance sa settlement account. 04:28:06.560 --> 04:28:27.540 Atty. Michael Wesley Poa: Thank you po. So, simplihan ko na lang po. So, kanina, pinakita ko sa inyo yung mga application for manager's checks. At yan po, nabanggit nyo po, it was signed by Rodrigo Roa Duterte. Wala pong signature ni Sara Duterte. Which is okay because under the joint account, Rodrigo Roa Duterte can act singly. Tama po ba? 04:28:27.540 --> 04:28:28.080 Marwin L. Galvez: Tama po. 04:28:28.080 --> 04:28:30.220 Atty. Michael Wesley Poa: So, base po sa documenting panel 04:28:30.220 --> 04:28:30.480 Atty. Michael Wesley Poa: nito. 04:28:30.520 --> 04:28:41.200 Atty. Michael Wesley Poa: Thank you po. At base po sa mga dokumentong sinumitit nyo, Wala po akong nakita na record of any withdrawal by Sara Duterte. Can you confirm that? 04:28:42.220 --> 04:28:50.980 Marwin L. Galvez: Your Honor, I will have to refer to all the documents kasi hindi ko naman po kabisado lahat ng nakapirma sa dokumento. 04:28:51.890 --> 04:28:56.630 Atty. Michael Wesley Poa: Opo. Can we, Your Honors, can we give him time to actually refer to the documents? 04:28:56.810 --> 04:29:09.080 Sen. Francis "Chiz" G. Escudero: With the permission of Attorney Mike, you're referring to if the other requests For the rolling or opening of time deposits were signed by the former president? 04:29:09.420 --> 04:29:17.740 Atty. Michael Wesley Poa: Right now, at the moment, Your Honor, I'm asking for just any withdrawal of any funds from this particular account, 9539. 04:29:17.740 --> 04:29:19.000 Atty. Michael Wesley Poa: Withdrawal. Cash withdrawal. 04:29:19.000 --> 04:29:20.260 Sen. Francis "Chiz" G. Escudero: Made by? 04:29:20.260 --> 04:29:21.860 Atty. Michael Wesley Poa: Sara Duterte, Your Honor. 04:29:21.860 --> 04:29:22.840 Sen. Francis "Chiz" G. Escudero: Sara Duterte. 04:29:23.980 --> 04:29:28.340 Sen. Francis "Chiz" G. Escudero: Mr. Witness, from the account ending in 9539? 04:29:28.700 --> 04:29:30.420 Atty. Michael Wesley Poa: Yes, Your Honor. Just only for that account, Your Honor. 04:29:32.290 --> 04:29:37.770 Sen. Francis "Chiz" G. Escudero: Mr. Mao, is that one of the documents you submitted? Kasama po yan, yung mga withdrawals? 04:29:37.910 --> 04:29:50.610 Marwin L. Galvez: Yung 9539 po. Lahat po ng mga pwede po namin makitang mga transaction documents po para sa lahat ng nakapangalan po sa subpoena, Your Honor. Tinry po namin hanapin lahat. 04:29:51.190 --> 04:30:25.810 Sen. Francis "Chiz" G. Escudero: With the permission of Atty. Megan, with the indulgence of Atty. James, and also with the permission of the Court, Similar to the request made by the Hon. Zubiri yesterday, asking some data to be called. The court can call that and present it in open court as well, but at a later time, unless we can do it within the day. If that is satisfactory to Atty. Mike, it will be coming from the court already, if indeed there is any or there is none. 04:30:26.680 --> 04:30:39.300 Atty. Michael Wesley Poa: Okay, Your Honor, it's just that this is the track of my cross-examination, of course, with my apologies to the Honorable Court. I just wanted to check because these documents came from BPI themselves. Just 04:30:39.300 --> 04:30:41.780 Atty. Michael Wesley Poa: if there's any record, actually, to 04:30:41.780 --> 04:30:56.520 Atty. Michael Wesley Poa: expedite the proceedings, Your Honors, I will ask if there's any transaction. Whether withdrawal or any instruction for time deposit placements made by respondent Sara Z. Duterte, Your Honor, given the nature of the joint account, Your Honor. 04:30:57.440 --> 04:31:01.380 Sen. Francis "Chiz" G. Escudero: Would you know the answer, Atty. Mao, or do you need the documents? 04:31:01.380 --> 04:31:02.960 Marwin L. Galvez: I'm sorry, Your Honor, I won't 04:31:02.960 --> 04:31:05.820 Marwin L. Galvez: be able to answer right away. But 04:31:05.820 --> 04:31:09.580 Sen. Francis "Chiz" G. Escudero: to be fair to you, Atty. Mike, we will call it for you. 04:31:11.660 --> 04:31:28.760 Sen. Francis "Chiz" G. Escudero: The court gave instructions for it to be done already. Hopefully, while he's still there, because there will be still interjections from Senator Judges, and then you can continue on with a follow-up question. We will allow it. And you can, in the meantime, move to your next point, if that is at all possible. 04:31:28.760 --> 04:31:30.100 Atty. Michael Wesley Poa: I will comply, Your Honor. I will comply. 04:31:30.460 --> 04:31:31.720 Sen. Francis "Chiz" G. Escudero: Senator Judge Pangilinan? 04:31:33.740 --> 04:31:34.140 Sen. Francis "Chiz" G. Escudero: On 04:31:34.140 --> 04:31:48.260 Sen. Francis “Kiko” Pangilinan: the same point. On the same point, Mr. President. Just that, as you call it, may we also request that The transactions of the settlement account, I mean, if any, can likewise be called. 04:31:50.340 --> 04:31:58.420 Sen. Francis “Kiko” Pangilinan: In other words, not just the time deposit, but the transactions will likewise be called so that we can review it. 04:31:58.460 --> 04:32:30.670 Sen. Francis "Chiz" G. Escudero: For the Senator judges, but not for this purpose, we will prioritize the question of Attorney Mike in regard to whether or not, if I got it correctly, The vice president, the respondent in this case, signed any documents in relation to the settlement account that has her as an end name after Rodrigo R. Roa Duterte and Rodrigo R. Roa Duterte or Rodrigo R. Roa Duterte and Sara Z. Duterte. 04:32:30.670 --> 04:32:30.890 Atty. Michael Wesley Poa: With 04:32:30.890 --> 04:32:59.600 Atty. Michael Wesley Poa: clarification, Your Honor, just so we can speed things up because the I will be asking about whether the Vice President Respondent accused in this case had any bank transactions concerning this particular account, Your Honor, from the time it was opened up to today. If she actually signed any document that showed she withdrew money, if there was any fund transfer that she signed. 04:32:59.600 --> 04:33:00.540 Sen. Francis "Chiz" G. Escudero: Signed off on? 04:33:00.540 --> 04:33:04.500 Atty. Michael Wesley Poa: Or was there any time deposit placement that she signed off on? 04:33:04.500 --> 04:33:04.700 Sen. Francis "Chiz" G. Escudero: We 04:33:04.700 --> 04:33:26.650 Sen. Francis "Chiz" G. Escudero: will have that checked. Kindly note that the Clerk of Court is directed to kindly note the specification of Attorney Mike. But from the Presiding Officer, and also to in a way abbreviate, can you open an account without the name of the end or the or person signing a signature card? Mr. Mao? 04:33:28.040 --> 04:33:34.380 Marwin L. Galvez: Your Honor, to clarify po, your question is kung pwede pong mag-open ng wala yung... 04:33:34.380 --> 04:33:36.800 Sen. Francis "Chiz" G. Escudero: Yung ka-or niya? 04:33:36.800 --> 04:33:42.800 Marwin L. Galvez: Hindi po, Your Honor. We need the presence of both depositor po para ma-open po yung account. 04:33:43.040 --> 04:33:44.580 Sen. Francis "Chiz" G. Escudero: Even if it's an or account? 04:33:45.020 --> 04:33:48.720 Marwin L. Galvez: Yes po, Your Honor. Dapat po parehas pong... 04:33:48.720 --> 04:33:51.720 Sen. Francis "Chiz" G. Escudero: Can we at least look at that in the meantime? 04:33:52.520 --> 04:33:53.980 Atty. Michael Wesley Poa: Yes, Your Honor. But 04:33:53.980 --> 04:34:01.540 Sen. Francis "Chiz" G. Escudero: we will check on it. We'll check it. The Clerk is directed to kindly look at everything in relation to the settlement account ending 04:34:01.540 --> 04:34:01.860 Atty. Michael Wesley Poa: in 04:34:01.860 --> 04:34:02.580 Sen. Francis "Chiz" G. Escudero: 9539. 04:34:02.840 --> 04:34:06.420 Atty. Michael Wesley Poa: Just for clarity, I wasn't asking about KYC documents. I was asking for transactions. 04:34:06.900 --> 04:34:28.480 Sen. Francis "Chiz" G. Escudero: Transactions. The Clerk of Court is so directed to kindly look if the Vice President signed any transactions in connection with the settlement account including the opening and termination of the time deposit. as well as the issuance of an MC and or instructions for the payment of the MC or the proceeds thereof anywhere. 04:34:28.840 --> 04:34:31.660 Atty. Michael Wesley Poa: Thank you, Your Honor. I'll just proceed, Your Honor. I just do not waste time. 04:34:31.660 --> 04:34:42.640 Sen. Francis "Chiz" G. Escudero: Yes, and hopefully while the senators are interjecting, we can have the answer to your question. And I'll afford you time to continue or pursue that point. Subject, of course, to redirect by Atty. James. 04:34:42.800 --> 04:35:05.710 Atty. Michael Wesley Poa: Thank you, Your Honor. Actually, I wasn't... I'm not thinking of asking this anymore but since I'm given some time. Are you aware, Mr. Witness, that I actually wrote to BPI as the authorized representative of the Vice President back in February 2026 to inquire about the existence of this very account and other accounts as well? 04:35:06.770 --> 04:35:10.570 Marwin L. Galvez: Sorry, attorney, I don't have an information. I'm not aware. 04:35:10.770 --> 04:35:26.130 Atty. Michael Wesley Poa: Would the prosecution allow me to at least just confront the witness with my letter and the BPI legal division's response? Only because these are not marked documents, your honor, but as agreed, we can confront the witness with certain documents subject to marking later on. 04:35:26.310 --> 04:35:31.210 Sen. Francis "Chiz" G. Escudero: Comment, attorney James, but I'm inclined to allow it. I'm telling you already, I'm inclined to allow it. 04:35:31.370 --> 04:35:33.070 Atty. James Bryan Ibrahim A. Alih: Perhaps I can persuade, your honor. 04:35:34.650 --> 04:36:07.860 Atty. James Bryan Ibrahim A. Alih: We have to object, Your Honor. Our objection is not on the basis that this document cannot see the light of day. In fact, they can do that at a proper time, when it's their time to present their evidence, Your Honor. And because, in fact, our friends from the defense... Clearly mentioned it was addressed to the VP of Legal. Then he would have been the best person to testify on this matter. And at the time that he will be presented, we would gladly hear his testimony. But I think, Your Honor, it would be unfair for our witness here. 04:36:08.380 --> 04:36:14.760 Sen. Francis "Chiz" G. Escudero: I think the witness cannot identify it in any case, Atty. Micah, since I think suffice it to say that you've mentioned it in such a document. 04:36:16.570 --> 04:36:30.130 Atty. Michael Wesley Poa: Actually, Your Honor, I was more interested with the response. I wanted the witness to at least identify, if he can, only if he can, if that is in fact the signature of their senior vice president for legal division, Your Honor. Ah, 04:36:30.210 --> 04:36:32.030 Sen. Francis "Chiz" G. Escudero: he wrote a letter to you in reply to your 04:36:32.030 --> 04:36:33.790 Atty. Michael Wesley Poa: letter. He replied to my letter, Your Honor. 04:36:33.950 --> 04:36:38.430 Sen. Francis "Chiz" G. Escudero: In that case, I'll allow it. I'll allow it if the witness knows. I'm sorry, Attorney James. 04:36:38.430 --> 04:36:39.570 Atty. James Bryan Ibrahim A. Alih: It's okay, Your Honor. We 04:36:39.570 --> 04:36:40.890 Atty. James Bryan Ibrahim A. Alih: always submit to the presiding officer. 04:36:41.550 --> 04:36:46.870 Atty. Michael Wesley Poa: Your Honor, in fairness, we will also give a copy to the prosecution right now. I think my... The 04:36:46.870 --> 04:36:49.430 Atty. Michael Wesley Poa: assisting counsel may approach the opposing side. 04:36:49.430 --> 04:36:50.690 Sen. Francis "Chiz" G. Escudero: You may approach... 04:36:50.690 --> 04:36:51.870 Atty. James Bryan Ibrahim A. Alih: Your Honor, 04:36:52.030 --> 04:37:00.590 Atty. James Bryan Ibrahim A. Alih: before, on that note, may we just register our continuing objection on this matter, as we will not be surprised that the witness would answer no to the question. 04:37:01.710 --> 04:37:02.810 Sen. Francis "Chiz" G. Escudero: If he knows... 04:37:02.810 --> 04:37:03.250 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. 04:37:03.270 --> 04:37:06.230 Sen. Francis "Chiz" G. Escudero: If he knows the signature of Pizzo Miller, he may answer accordingly. 04:37:08.080 --> 04:37:08.720 Atty. Michael Wesley Poa: Your Honor. 04:37:09.230 --> 04:37:24.740 Atty. Michael Wesley Poa: Before I confront the witness with the document, I just want to make sure that the prosecution already has a copy. And we'll also give a copy to the honorable court, Your Honor. And if the court will allow, perhaps we could also flash this on the screens, Your Honor. Only if the court will allow. 04:37:25.080 --> 04:37:27.400 Atty. James Bryan Ibrahim A. Alih: Your Honor, will the... Your 04:37:38.950 --> 04:37:39.230 Atty. James Bryan Ibrahim A. Alih: Honor? 04:37:39.890 --> 04:37:41.570 Sen. Francis "Chiz" G. Escudero: Yes, I'm sorry. Yes. Yes, 04:37:41.570 --> 04:37:43.710 Atty. James Bryan Ibrahim A. Alih: Your Honor. Because there was a request for... Engaged 04:37:43.710 --> 04:37:45.290 Sen. Francis "Chiz" G. Escudero: in some administrative matters. Yes. 04:37:45.290 --> 04:38:08.860 Atty. James Bryan Ibrahim A. Alih: I'm sorry, Your Honor. I'm sorry. Because there is a request to flash the document. But I'm not sure if... It's going to be marked. And so far as these proceedings are concerned, only the marked documents were flashed, if I recall it right. So if it's going to be marked, Your Honor, then perhaps that would be the time it can be flashed. But I don't think the witness can identify and authenticate this document, Your Honor. 04:38:08.960 --> 04:38:31.810 Sen. Francis "Chiz" G. Escudero: Not only the marked documents have been flashed, counsel. Summaries have been flashed as well that were not marked and will not be marked. We'll allow it. We'll allow it. I'll give some leeway to Attorney Mike on this. Without prejudice to him presenting a proper witness to identify the document should Mr. Mao not be able to identify it. 04:38:32.050 --> 04:38:37.690 Atty. Michael Wesley Poa: Thank you, Your Honor. Thank you. Can I just confirm the prosecution? I have not yet received it. 04:38:37.730 --> 04:38:46.970 Sen. Francis "Chiz" G. Escudero: This will also abbreviate the proceedings, Attorney James, because if Mr. Mao can identify the document, if he's familiar with the signature, that, I 04:38:46.970 --> 04:38:47.630 Sen. Francis "Chiz" G. Escudero: guess... 04:38:49.120 --> 04:38:54.460 Sen. Francis "Chiz" G. Escudero: Solves. At least one witness on the part of the respondent. 04:38:58.380 --> 04:39:02.360 Atty. Michael Wesley Poa: We'll just wait, Your Honor, for the prosecution to be given a copy out of fairness. 04:39:03.770 --> 04:39:12.850 Sen. Francis "Chiz" G. Escudero: And we are working on your question and request, Attorney Mike. We will have an answer hopefully before you end or a few minutes after you end. 04:39:13.050 --> 04:39:14.250 Atty. Michael Wesley Poa: Thank you, Your Honor. Thank you, Your Honor. 04:39:15.290 --> 04:39:17.250 Atty. Michael Wesley Poa: May I now approach the witness, 04:39:17.490 --> 04:39:17.690 Atty. Michael Wesley Poa: Your 04:39:17.690 --> 04:39:19.710 Atty. Michael Wesley Poa: Honor, just to confront him with the document. 04:39:19.710 --> 04:39:24.550 Sen. Francis "Chiz" G. Escudero: Continuing authority is given to both counsels insofar as this and other witness for today is concerned. 04:39:25.880 --> 04:39:42.440 Atty. Michael Wesley Poa: Your Honor, for the information of the court, I will no longer give, although I can show the witness a copy of my letter, the more pertinent document here would be the reply of the BPI Legal Division. Mr. Witness, kilala niyo po ba si Atty. Paul Ysmael? 04:39:42.440 --> 04:39:44.060 Marwin L. Galvez: Yes, Your Honor, kilala po. 04:39:44.060 --> 04:39:48.380 Atty. Michael Wesley Poa: At siya po kasi ang pumirma dito. Tingnan niyo muna po yung letter. 04:39:50.020 --> 04:40:07.960 Atty. Michael Wesley Poa: Yan po ay reply sa akin ng BPI Legal Division at pinirmahan po sa likod ng certain Atty. Paul Roderick A. Ysmael, Senior Vice President of the BPI Legal Division. Familiar po ba kayo sa pirma ni Atty. Ysmael? 04:40:08.840 --> 04:40:16.320 Marwin L. Galvez: Your Honor, familiar po ako kay Atty. Paul Ysmael. Paumanhin po, hindi po ako familiar sa pirmanya. 04:40:16.320 --> 04:40:17.420 Atty. Michael Wesley Poa: Okay. Well, 04:40:17.500 --> 04:40:33.500 Atty. Michael Wesley Poa: Your Honor, the witness could not identify, unfortunately, the signature. But can I just read the pertinent portion? Subject to whatever objection the prosecution may propose at the time of offer? 04:40:33.560 --> 04:40:35.600 Sen. Francis "Chiz" G. Escudero: Unfortunately, Atty. Mike, the witness could not 04:40:37.500 --> 04:40:43.780 Sen. Francis "Chiz" G. Escudero: I would be interested in abbreviating the proceedings also insofar as authenticating that document. Hindi niyo po alam, Mr. Mau? 04:40:44.900 --> 04:40:52.480 Marwin L. Galvez: Paumanhin po, Your Honor. Hindi po ako familiar sa pirma ni Atty. Paul. But kilala ko po si Atty. Paul Ysmael from our legal department, Your Honor. 04:40:52.720 --> 04:40:58.200 Atty. Michael Wesley Poa: Is this the same letterhead, Mr. Witness, that you usually get from the BPI Legal Division? 04:40:58.200 --> 04:40:59.320 Sen. Francis "Chiz" G. Escudero: Atty. James, if he knows. 04:41:04.440 --> 04:41:05.940 Atty. Michael Wesley Poa: And the same address, of course. 04:41:09.110 --> 04:41:17.460 Marwin L. Galvez: The address is correct, Your Honor, but... Not as to the documents coming from BPI Legal. 04:41:18.100 --> 04:41:20.020 Sen. Francis "Chiz" G. Escudero: You're not familiar with the letterhead? 04:41:21.080 --> 04:41:28.720 Marwin L. Galvez: It says BPI Legal Division, Your Honor, but I'm not familiar with the letterhead, the format of the letters. 04:41:32.690 --> 04:41:34.750 Sen. Francis "Chiz" G. Escudero: You have your answer, Attorney Mike. 04:41:34.750 --> 04:41:40.490 Atty. Michael Wesley Poa: Thank you, Your Honor. May I just at least read what they responded to me, Your Honor? 04:41:40.490 --> 04:41:40.750 Atty. James Bryan Ibrahim A. Alih: We 04:41:40.750 --> 04:41:48.870 Atty. James Bryan Ibrahim A. Alih: have to object, Your Honor. That would be tantamount to... The witness, the defense presenting this evidence, Your Honor. And 04:41:50.820 --> 04:41:53.560 Atty. James Bryan Ibrahim A. Alih: can 04:41:53.560 --> 04:42:06.320 Atty. James Bryan Ibrahim A. Alih: we ask that this document be taken down, Your Honor? Because, again, it wasn't, we cannot even say if it's authentic, Your Honor, with all due respect to our friend, Attorney Poa, given the lack of identification. 04:42:07.290 --> 04:42:13.790 Sen. Francis "Chiz" G. Escudero: Again, given the lack of identification, I guess Attorney Mike would have to present a witness to authenticate and identify that. 04:42:13.790 --> 04:42:14.410 Atty. Michael Wesley Poa: We will do so 04:42:14.410 --> 04:42:15.270 Atty. Michael Wesley Poa: during our time, Your Honor. 04:42:15.390 --> 04:42:15.770 Sen. Francis "Chiz" G. Escudero: Yes, please. 04:42:16.230 --> 04:42:19.450 Atty. James Bryan Ibrahim A. Alih: Your Honor, may we request that it be removed from the screen? Sorry, Your Honor. 04:42:20.570 --> 04:42:26.630 Sen. Francis "Chiz" G. Escudero: Yes, I think it's... The Attorney Mike is already done. Yes, kindly remove that from the screen. 04:42:38.160 --> 04:42:40.420 Atty. Michael Wesley Poa: Your Honor, while I'm waiting for... 04:42:40.420 --> 04:42:42.900 Sen. Francis "Chiz" G. Escudero: Sorry. Yes, Attorney Mike. 04:42:42.900 --> 04:42:46.540 Atty. Michael Wesley Poa: While I'm waiting for the court to provide the information and the transaction... 04:42:46.960 --> 04:42:48.740 Sen. Francis "Chiz" G. Escudero: We can do interjections from what 04:42:48.740 --> 04:42:53.280 Atty. Michael Wesley Poa: you've done in the meantime. Not yet, Your Honor. I can just move on to another point, Your Honor, to save time. 04:42:53.640 --> 04:42:55.000 Sen. Francis "Chiz" G. Escudero: You can move to the next point. 04:42:55.240 --> 04:42:55.860 Atty. Michael Wesley Poa: Yes, Your Honor. 04:42:57.720 --> 04:43:15.120 Atty. Michael Wesley Poa: Kanina rin po, Mr. Witness, napag-usapan rin po yung mga personal accounts na individual lang po, yung depositor, isang tao lang. At yung account na napag-usapan doon ay yung account ni Atty. Manases Carpio. Tama po ba? 04:43:15.120 --> 04:43:16.760 Marwin L. Galvez: Tama po. 04:43:16.760 --> 04:43:29.000 Atty. Michael Wesley Poa: Pagdating po dun sa, I'm sure, BPI, being one of the largest financial institutions in the country, you strictly comply with the RA-1405 or the Bank Secrecy Law. Tama po ba? 04:43:29.000 --> 04:43:29.780 Marwin L. Galvez: Correct. 04:43:29.780 --> 04:43:47.490 Atty. Michael Wesley Poa: So pagdating po dito sa mga individual accounts, individual deposit accounts rather, specifically itong kay Atty. Manases Carpio, pwede po ba kahit sino mag-inquire dun sa nilalaman nung account na yun without any Consent from Atty. Carpio. 04:43:48.350 --> 04:44:00.110 Marwin L. Galvez: No, Your Honor. As per policy po, inquiries are only authorized by the account holder or a competent court. In this case, the impeachment court. 04:44:00.110 --> 04:44:07.710 Atty. Michael Wesley Poa: Pero paano po kung yung mismong asawa na ni Atty. Carpio yung gusto lang malaman kung magkano yung nasa loob ng account niya? Pwede po ba 04:44:07.710 --> 04:44:07.850 Atty. Michael Wesley Poa: yun? 04:44:07.930 --> 04:44:08.290 Marwin L. Galvez: Bawal po 04:44:08.290 --> 04:44:09.990 Marwin L. Galvez: yun sa batas, Your Honor. 04:44:12.280 --> 04:44:18.860 Atty. Michael Wesley Poa: Kahit asawa po, hindi niya pwedeng alamin. She will have to get authorization through 04:44:18.860 --> 04:44:19.120 Atty. Michael Wesley Poa: an 04:44:19.120 --> 04:44:20.340 Atty. Michael Wesley Poa: SPA. 04:44:20.740 --> 04:44:22.200 Atty. Michael Wesley Poa: Based on 04:44:22.200 --> 04:44:33.500 Atty. Michael Wesley Poa: your records, only if you're aware, meron po ba kayong natanggap na any request from the Vice President inquiring with the necessary SPA ukol dito sa pondo na nasa account na ito? 04:44:33.500 --> 04:44:37.220 Marwin L. Galvez: I have no personal knowledge of any request, Your Honor. 04:44:37.500 --> 04:44:49.550 Atty. Michael Wesley Poa: Only if you're aware, has the Vice President Transacted using the account of Attorney Mance based on whatever, maybe an SPA given to her by Attorney Mance? 04:44:49.730 --> 04:44:51.770 Marwin L. Galvez: I'm sorry, Your Honor. I'm not aware. 04:44:52.070 --> 04:44:52.710 Atty. Michael Wesley Poa: You're not aware of us? 04:44:52.710 --> 04:44:53.850 Marwin L. Galvez: I have personal knowledge, Your Honor. 04:44:53.990 --> 04:45:04.570 Atty. Michael Wesley Poa: Okay. Thank you. Your Honor, at this point, actually, I was hoping to end my cross and didn't want to prolong it. I just needed that information. 04:45:04.570 --> 04:45:25.630 Sen. Francis "Chiz" G. Escudero: No, if you want, Attorney Mike, we can... You can suspend your cross. We can do some interjections from senator-judges. I have an initial list. And we can resume with your cross after we get the answer. And then proceed to the redirect of attorney James. But on this point, I have a phone-in question, Atty. Mau. 04:45:27.830 --> 04:45:35.800 Sen. Francis "Chiz" G. Escudero: Hindi pa, wala pang asawa si SP. So, prior knowledge ito at prior nakaalaman ito para sa inyo. 04:45:37.390 --> 04:45:55.540 Sen. Francis "Chiz" G. Escudero: Kahit mag-asawa at absolute community property yung property regime ng mag-asawa na hindi nyo naman alam yun, kapagka nag-open ng account yung babae o lalaki sa pangalan lang lina, hindi pwedeng magtanong sa bangko na yung asawa ko ba may account dyan? 04:45:56.560 --> 04:45:58.740 Marwin L. Galvez: Bawal po, Your Honor. Covered ng bank 04:45:58.740 --> 04:45:59.980 Sen. Francis "Chiz" G. Escudero: secrecy law yun? 04:45:59.980 --> 04:46:01.180 Marwin L. Galvez: Tama po, Your Honor. 04:46:01.180 --> 04:46:04.560 Sen. Francis "Chiz" G. Escudero: Tama po? Kahit magpakita siya ng marriage certificate? 04:46:04.560 --> 04:46:06.270 Marwin L. Galvez: Tama po, Your Honor. 04:46:06.270 --> 04:46:07.250 Sen. Francis "Chiz" G. Escudero: So, alam mo na. 04:46:11.230 --> 04:46:23.590 Sen. Francis "Chiz" G. Escudero: We proceed with the interjections of Senator Judges while we're waiting for the clarification and certification from the Clerk of Court. Senator Judge Sotto is recognized for his interjection. You may proceed, sir, when you're ready. 04:46:26.820 --> 04:46:35.690 Sen. Vicente C. Sotto III: Thank you, Mr. Presiding Officer, and thank you for your indulgence, Mr. Mao, and your patience. 04:46:38.060 --> 04:47:11.480 Sen. Vicente C. Sotto III: Before I seek enlightenment on the BPI anti-money laundering submission that was rectified, that was really my original point, I'd just like to ask if you're familiar with the term used by my banker friend who told me that yun daw pag-issue ng manager's check, pagkatapos hindi ginamit, later on after the 31st of December, Ibabalik. Ang tawag daw dun, tinikling. 04:47:14.460 --> 04:47:19.250 Sen. Vicente C. Sotto III: Tinikling. Yung sayaw na tinikling. Are you familiar with that? 04:47:19.250 --> 04:47:22.990 Marwin L. Galvez: With all due respect, Your Honor, hindi po. 04:47:22.990 --> 04:47:23.750 Sen. Vicente C. Sotto III: You cannot. 04:47:25.350 --> 04:47:26.830 Sen. Vicente C. Sotto III: Anyway, it's a marker. 04:47:26.830 --> 04:47:28.070 Marwin L. Galvez: Alam ko lang po yung sayaw 04:47:28.070 --> 04:47:28.230 Marwin L. Galvez: na 04:47:28.230 --> 04:47:29.810 Marwin L. Galvez: tinikling, Your Honor. 04:47:29.810 --> 04:48:05.270 Sen. Vicente C. Sotto III: Ganun daw ang ginagawa ng mga ibang umiiwas. Anyway, as I said, I wish to be enlightened on this. BPI rectification of a manager's check issue submission to the Anti-Money Laundering Council in the amount of 2 billion na later on was called yesterday a glitch. Ano ba talaga ito? Can you enlighten us on what this is all about? 04:48:06.610 --> 04:48:22.750 Marwin L. Galvez: Your Honor, with all due respect po, I am not in a position to answer your question po. Not being involved in the process with AMLC, Your Honor. 04:48:22.750 --> 04:48:24.670 Sen. Vicente C. Sotto III: So you're not aware? You're not aware 04:48:24.670 --> 04:48:25.070 Sen. Vicente C. Sotto III: of this? 04:48:25.190 --> 04:48:35.790 Marwin L. Galvez: I've been recently aware through the hearing that there was an error and that it has been corrected but I was not involved as to the matter pertaining to that report, Your Honor. 04:48:35.930 --> 04:48:46.050 Sen. Vicente C. Sotto III: So who can enlighten us on this particular issue from BPI? You're from BPI. Sino sa BPI makakapagpaliwanag sa amin kung ano nangyari dito? 04:48:46.230 --> 04:48:50.790 Marwin L. Galvez: Your Honor, that would be our Anti-Money Laundering Division, Your Honor. 04:48:51.760 --> 04:49:09.280 Sen. Vicente C. Sotto III: All right. Thank you. Well, then perhaps at a later time, Mr. Presiding Officer, we would like to be enlightened from that BPI anti-money laundering representative. Thank you. That's all. 04:49:09.440 --> 04:49:18.090 Sen. Francis "Chiz" G. Escudero: Thank you, Senator Judge Sotto. Senator Judge Raffi stepped out. Senator Judge Pangilinan is recognized. 04:49:22.880 --> 04:49:33.220 Atty. Michael Wesley Poa: Attorney Mike? May I ask, may I just go on, may I just answer the call of nature unless the good senator has questions for me? Quickly, 04:49:33.400 --> 04:49:33.620 Atty. Michael Wesley Poa: I'll 04:49:33.620 --> 04:49:33.621 Atty. Michael Wesley Poa: just... 04:49:33.621 --> 04:49:34.080 Sen. Francis "Chiz" G. Escudero: You may, 04:49:34.480 --> 04:49:34.500 Sen. Francis "Chiz" G. Escudero: you 04:49:34.500 --> 04:49:36.320 Sen. Francis "Chiz" G. Escudero: may. You're excused, Attorney Mike. 04:49:36.420 --> 04:49:36.580 Atty. Michael Wesley Poa: Thank you. 04:49:37.650 --> 04:49:39.650 Sen. Francis "Chiz" G. Escudero: Ba't palaging side niyo yung... 04:49:39.650 --> 04:49:41.670 Sen. Francis “Kiko” Pangilinan: Because 04:49:41.670 --> 04:49:43.510 Sen. Francis “Kiko” Pangilinan: you're from the UP College of Law, 04:49:43.610 --> 04:49:51.970 Sen. Francis "Chiz" G. Escudero: Attorney Mike. Go attorney Mike, do what you need to do. You're excused. Senator Judge Pangilinan is recognized. You may proceed sir. You have two minutes. 04:49:52.230 --> 04:49:53.070 Sen. Francis “Kiko” Pangilinan: Thank you Mr. President. 04:49:54.870 --> 04:50:07.820 Sen. Francis “Kiko” Pangilinan: Ililiwanag ko lang. Kahit na ulitin ko lang. The account involving the time deposits and the manager's checks. Dalawa. Yung settlement account and what do you call the second one? 04:50:09.540 --> 04:50:11.300 Marwin L. Galvez: Time deposit po. Time deposit certificate. 04:50:11.780 --> 04:50:12.580 Marwin L. Galvez: Yes po, your 04:50:12.580 --> 04:50:12.800 Marwin L. Galvez: honor. 04:50:14.480 --> 04:50:22.510 Sen. Francis “Kiko” Pangilinan: So, it's Rodrigo Roa Duterte or Rodrigo Roa Duterte, N. So, 04:50:24.490 --> 04:50:32.650 Sen. Francis “Kiko” Pangilinan: pwedeng si former President Duterte lang ang pumirma. Okay yun. Or pwede rin silang dalawa. 04:50:32.810 --> 04:50:33.850 Marwin L. Galvez: Tama po, Your Honor. 04:50:33.990 --> 04:50:45.200 Sen. Francis “Kiko” Pangilinan: Okay. So, in other words, meron kayong signature card na nandun nakapirma. Hindi lang si former president kung hindi si vice president. 04:50:45.750 --> 04:50:50.910 Marwin L. Galvez: Tama po your honor. In fact, that's part of the documents we submitted po. 04:50:51.010 --> 04:51:06.700 Sen. Francis “Kiko” Pangilinan: So, in other words, merong siyang signature doon sa specimen signature na sinasubmit. So, ano siya? In other words, nandun yung signature niya. 04:51:06.990 --> 04:51:09.790 Marwin L. Galvez: Andon po, Your Honor, based on the documents we submitted. 04:51:09.790 --> 04:51:10.010 Sen. Francis “Kiko” Pangilinan: I just 04:51:10.010 --> 04:51:23.610 Sen. Francis “Kiko” Pangilinan: wanted that clarified. Yung 9539 na account, pagka nagkaroon ng manager's check na in-issue, diba? In this case, 40... 41 04:51:23.610 --> 04:51:25.310 Atty. James Bryan Ibrahim A. Alih: and 55. So, 04:51:25.390 --> 04:51:32.450 Sen. Francis “Kiko” Pangilinan: hindi na ma-re-reflect dun sa 9539 yung tinanggal na pondo. Tama? 04:51:32.550 --> 04:51:34.790 Marwin L. Galvez: Tama po, Your Honor, pag nabawas na po dun sa 04:51:34.790 --> 04:51:36.090 Marwin L. Galvez: account. 04:51:36.090 --> 04:51:44.540 Sen. Francis “Kiko” Pangilinan: So, in other words, pag nag-stale, after 6 months, babalik dun sa... Tama? O hindi pa rin? 04:51:44.700 --> 04:51:50.620 Marwin L. Galvez: Pag po ipinresent po sa amin yung original copy ng manager's check with an instruction to... 04:51:50.620 --> 04:51:51.820 Sen. Francis “Kiko” Pangilinan: Tsaka nyo ibabalik. 04:51:51.980 --> 04:51:52.340 Marwin L. Galvez: Tama po. 04:51:52.480 --> 04:52:05.910 Sen. Francis “Kiko” Pangilinan: So, technically, walang 40 plus million kapag naka-manager's check siya. Ang lalabas lang, eh, dun sa 9539, eh, kung ano yung wala. 04:52:08.290 --> 04:52:11.150 Sen. Francis “Kiko” Pangilinan: So in that 04:52:11.150 --> 04:52:21.250 Sen. Francis “Kiko” Pangilinan: case, would you have the data, information, magkano yung nasa 9539 nung nag-floating na yung 40 plus million, 41 million. 04:52:21.510 --> 04:52:28.530 Marwin L. Galvez: Your Honor, kasama po sa mga isinumite ng BPI po in compliance to the subpoena 04:52:28.530 --> 04:52:28.610 Marwin L. Galvez: Business Dec 04:52:28.610 --> 04:52:28.611 Sen. Francis “Kiko” Pangilinan: Yes, 04:52:28.630 --> 04:52:30.650 Sen. Francis “Kiko” Pangilinan: so you wouldn't know? You wouldn't know at this point? 04:52:30.870 --> 04:52:42.290 Marwin L. Galvez: I wouldn't know at this point po yung balance, Your Honor, but we submitted all retrievable statement of accounts, Your Honor, that will reflect movements po in and out from the account of the respondent. 04:52:42.290 --> 04:52:42.830 Sen. Francis “Kiko” Pangilinan: So perhaps we can 04:52:42.830 --> 04:52:53.280 Sen. Francis “Kiko” Pangilinan: request again the Secretariat to get that information as to... How much was the balance for 9539 nung inilabas yung 41 million? 04:52:53.480 --> 04:52:56.560 Marwin L. Galvez: The statement of account should reflect that po, Your Honor. 04:52:56.560 --> 04:52:57.160 Sen. Francis "Chiz" G. Escudero: The 04:52:57.160 --> 04:53:03.160 Sen. Francis "Chiz" G. Escudero: Clerk of Court is so directed to comply with the request of Senator Judge Pangilinan and furnish all Senator Judges. Thank 04:53:03.160 --> 04:53:10.180 Sen. Francis “Kiko” Pangilinan: you. Can you confirm na yung pag-issue ng manager's check ay October, April, 04:53:11.790 --> 04:53:14.630 Sen. Francis “Kiko” Pangilinan: October, April? Tama? 04:53:15.420 --> 04:53:18.900 Marwin L. Galvez: Based on my recollection po dun sa mga exhibit kanina, Your Honor. 04:53:19.040 --> 04:53:35.190 Sen. Francis “Kiko” Pangilinan: In other words, pagdating ng, pag na-release yung October, pagdating ng December 31, at hindi pa na-encash yung manager's check, wala yung buong amount nung, nung October manager's checks. Wala. 04:53:35.570 --> 04:53:39.670 Marwin L. Galvez: It remains to be in the BPI manager's check settlement. 04:53:39.670 --> 04:53:40.130 Sen. Francis “Kiko” Pangilinan: So, 04:53:40.130 --> 04:53:47.330 Sen. Francis “Kiko” Pangilinan: by December 31, Wala yung 41 million, at least doon sa unang example, doon sa bank 04:53:47.330 --> 04:53:50.410 Marwin L. Galvez: account. Tama po your honor hanggat hindi po na ibabalik sa settlement. 04:53:50.410 --> 04:53:50.710 Sen. Francis “Kiko” Pangilinan: At 04:53:50.710 --> 04:53:52.630 Sen. Francis “Kiko” Pangilinan: pagka April, sa 04:53:54.230 --> 04:53:58.490 Sen. Francis “Kiko” Pangilinan: July 1, June 30, na 04:54:00.250 --> 04:54:06.630 Sen. Francis “Kiko” Pangilinan: -issue hindi na yung cash, wala rin yung 41 million by June 30 or July 1. 04:54:06.630 --> 04:54:07.130 Marwin L. Galvez: Hanggat 04:54:07.130 --> 04:54:09.810 Marwin L. Galvez: outstanding po yung manager's check, your honor. 04:54:09.810 --> 04:54:10.070 Sen. Francis “Kiko” Pangilinan: Yes, 04:54:10.070 --> 04:54:14.150 Sen. Francis “Kiko” Pangilinan: okay. I just wanted that clarified. Thank you. Maraming 04:54:14.150 --> 04:54:14.650 Sen. Francis “Kiko” Pangilinan: salamat. 04:54:14.650 --> 04:54:15.370 Marwin L. Galvez: Thank you po, your honor. 04:54:19.320 --> 04:55:04.900 Sen. Francis "Chiz" G. Escudero: I am now prepared to, we are now prepared to answer the query earlier. Let me be specific because the request of attorney Mike is specific. Based on the inventory list of pre-marked exhibits submitted by BPI in response to the subpoena of this court, The signature of the vice president and respondent does not appear in any of the transaction documents such as the opening and closing of the time deposit, the request for manager's check, and similar transactions. It does not. 04:55:05.160 --> 04:55:07.140 Atty. Michael Wesley Poa: Thank you, Your Honor. Thank you for that confirmation. 04:55:08.360 --> 04:55:15.700 Sen. Francis "Chiz" G. Escudero: You may, with the permission of the Senator Judges, you may proceed with your cross and thereafter redirect, if any, from Attorney James. 04:55:15.700 --> 04:55:16.240 Atty. Michael Wesley Poa: Thank you. 04:55:16.240 --> 04:55:17.480 Sen. Francis "Chiz" G. Escudero: Kindly proceed, Attorney Mike. 04:55:17.480 --> 04:55:18.020 Atty. Michael Wesley Poa: Thank you po. 04:55:19.460 --> 04:55:56.040 Atty. Michael Wesley Poa: Sandali na lang po tayo, Mr. Witness. So, na-confirm na po na from the time this account was opened until today, wala pong ni isang transaksyon kung saan may pirma ni VP Sara, whether alone or kasama po ng former President Rodrigo. Roa Duterte. So, you are not also in a position because you have no personal knowledge dito sa pagbukas ng account na ito to answer kung ang purpose ng pagbukas ng account ito is for estate planning purposes lamang ng former president. Tama po ba? Hindi niyo masasagot yun? 04:55:56.120 --> 04:55:56.800 Marwin L. Galvez: Tama po, Your Honor. 04:55:56.940 --> 04:56:02.280 Atty. Michael Wesley Poa: Hindi niyo masasagot. I have the personal knowledge. But basically, these are the documents. Can 04:56:02.280 --> 04:56:04.640 Atty. Michael Wesley Poa: I have the documents? These are all the... 04:56:05.580 --> 04:56:22.440 Atty. Michael Wesley Poa: documents that were submitted by BPI as far as the joint account ending 9539 is concerned. At kahit ano po dito, kahit wala pong transaksyon kung saan pumirma ang ating vicepresidente. 04:56:22.440 --> 04:56:24.000 Atty. James Bryan Ibrahim A. Alih: Objection, Your Honor, as an answer. 04:56:26.980 --> 04:56:34.540 Sen. Francis "Chiz" G. Escudero: That would be correct, but if you're winding up, Attorney Mike, I'll allow it. I'll allow it then with your indulgence, Attorney James, if he's about to wind up. 04:56:34.920 --> 04:56:35.720 Atty. Michael Wesley Poa: Submitted, Your Honor. 04:56:37.390 --> 04:57:03.430 Atty. Michael Wesley Poa: At ito rin po, yung kapal ng dokumento na sinabit niyo ayon sa account naman. Yung personal account ni Atty. Manz. At nasabi niyo kanina, you have no personal knowledge na kung meron mang transaksyon, whatsoever ang ating vicepresidente dito sa account na to. At nabanggit niyo rin na hindi po siya pwedeng humingi. ng kahit anong impormasyon ukol sa account na to unless meron siyang SPA. Tama po ba? 04:57:03.430 --> 04:57:03.890 Marwin L. Galvez: Tama po. 04:57:03.890 --> 04:57:06.670 Atty. Michael Wesley Poa: Okay, that is all for the cross. No further questions. 04:57:06.890 --> 04:57:08.930 Sen. Francis "Chiz" G. Escudero: Thank you, Atty. Micah. Atty. James, redirect. 04:57:10.090 --> 04:57:11.330 Atty. James Bryan Ibrahim A. Alih: Just very brief, Your Honor. 04:57:11.330 --> 04:57:12.490 Sen. Francis "Chiz" G. Escudero: You may proceed when you're ready. 04:57:12.490 --> 04:57:45.390 Atty. James Bryan Ibrahim A. Alih: Sir, I'm sorry. Patapos na tayo, sir. I just have two questions and that was a good representation of the documents but allow me to backtrack. Kasi you mentioned a while ago, through the questions of the presiding officer, particularly on KYC documents. In KYC documents that is owned by, say for example, two people, tapos yung qualification po ay or at saka and, sino po yung dapat mag-sign ng KYC documents? 04:57:46.310 --> 04:57:58.720 Marwin L. Galvez: In any case po, your honor, or po yan or n, basta nakapangalan po ang mga depositors sa account, kailangan po nila lahat po, Myrma. 04:57:58.820 --> 04:58:22.090 Atty. James Bryan Ibrahim A. Alih: Lahat nila. So for example, sir, and I'm not going to, I'll just ask you straight up. Doon sa BPI na yung Julia Vargas branch na under the name of Rodrigo Roa Duterte or Rodrigo Roa Duterte and the Vice President, Sino po ang pumipirma ng KYC documents? 04:58:23.170 --> 04:58:33.790 Marwin L. Galvez: Base po sa dokumentong sinumiti po namin sa Honorable Court, nakapirma po pareho ang account holders. 04:58:33.930 --> 04:58:39.450 Atty. James Bryan Ibrahim A. Alih: When you say nakapirma pareho, does that mean personally talagang pipirma? 04:58:39.860 --> 04:58:53.910 Marwin L. Galvez: Yes, based on the documents that we submitted po, particularly the KYC documents, Perma po pareho ang dalawang nakapangalan po doon sa account. So that's Rodrigo and VP Sara po. 04:58:53.970 --> 04:59:03.940 Atty. James Bryan Ibrahim A. Alih: So hindi aabot ng ganyang kadaming transaksyon kung hindi pumirma ang vice president sa KYC document that gave rise to that account. Tama po ba yan? 04:59:05.780 --> 04:59:06.780 Atty. Michael Wesley Poa: Objection, Your Honor. Leading? 04:59:08.470 --> 04:59:09.350 Atty. Michael Wesley Poa: Actually misleading. 04:59:11.060 --> 04:59:20.430 Sen. Francis "Chiz" G. Escudero: I would sustain the objection because I find it vague as well. Kindly reform, Counsel. Alright. I know where you're getting at. 04:59:21.170 --> 04:59:46.450 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. My question is this, Sir Mau. In those documents or in those accounts, particularly yung sa Julia Vargas na Rodrigo Roa Duterte or Rodrigo Roa Duterte and the Vice President, when a transaction comes in, say for example may 40 million na pumasok, sino po yung nagbe-benefit, if you know? 04:59:47.880 --> 04:59:50.160 Atty. Michael Wesley Poa: Objection. That's hypothetical. That's speculative. 04:59:50.360 --> 04:59:54.700 Atty. James Bryan Ibrahim A. Alih: 25 years in practice, Your Honor. Perhaps he knows. 04:59:55.040 --> 05:00:04.520 Sen. Francis "Chiz" G. Escudero: Allow me. In an or and ex or Who owns the account? 05:00:05.640 --> 05:00:18.470 Marwin L. Galvez: Your Honor, if may answer, we can only tell you kung kanino po nakapangalan yung account. But we cannot determine... 05:00:18.470 --> 05:00:24.730 Sen. Francis "Chiz" G. Escudero: But you answered earlier that nothing can move without the signature of Rodrigo Roa Duterte, correct? 05:00:25.050 --> 05:00:26.470 Marwin L. Galvez: That is correct, Your Honor. 05:00:26.470 --> 05:00:27.810 Sen. Francis "Chiz" G. Escudero: A loan 05:00:27.810 --> 05:00:34.050 Sen. Francis "Chiz" G. Escudero: signature of the Vice President will not operate To move or transact anything with that account. Would that be correct? 05:00:34.270 --> 05:00:35.450 Marwin L. Galvez: That is correct, Your Honor. 05:00:36.330 --> 05:00:44.790 Sen. Francis "Chiz" G. Escudero: Now, as to whether or not the Vice President has knowledge, full knowledge or no knowledge of the transactions, would you be in a position to say? 05:00:45.900 --> 05:00:46.680 Marwin L. Galvez: No, Your Honor. 05:00:47.540 --> 05:00:49.060 Sen. Francis "Chiz" G. Escudero: Okay. Attorney James, you're next. 05:00:49.060 --> 05:00:52.740 Atty. James Bryan Ibrahim A. Alih: I think that would sum up my redirect, Your Honor. Thank you. 05:00:52.740 --> 05:00:53.140 Atty. Michael Wesley Poa: Quick 05:00:53.140 --> 05:00:54.020 Atty. Michael Wesley Poa: recross, Your Honor. 05:00:54.080 --> 05:00:54.620 Atty. James Bryan Ibrahim A. Alih: Quick recross. 05:00:54.860 --> 05:01:07.260 Atty. Michael Wesley Poa: Just on the signature card, natanong po kasi kayo dun sa KYC signature card. Practice din po kasi ng mga bangko na yung specimen signature nag-update po kayo. Tama po ba? 05:01:07.260 --> 05:01:08.100 Marwin L. Galvez: Tama po, Your 05:01:08.100 --> 05:01:08.320 Marwin L. Galvez: Honor. 05:01:08.500 --> 05:01:11.020 Atty. Michael Wesley Poa: May I confront the witness, Your Honor, with the document? 05:01:11.020 --> 05:01:11.040 Sen. Francis "Chiz" G. Escudero: You may approach. 05:01:11.200 --> 05:01:24.800 Atty. Michael Wesley Poa: I'm confronting you with the document. This is marked as D-Rumeral No. 2-8-2-3-1-3-BPI, specifically page 145 thereof, Your Honor. 05:01:25.710 --> 05:01:29.030 Atty. Michael Wesley Poa: This refers to the updating of the signature card of account 05:01:29.030 --> 05:01:33.350 Atty. Michael Wesley Poa: number 95 ending with 9539. Nakita niyo po yan, Mr. Witness? 05:01:33.710 --> 05:01:34.110 Marwin L. Galvez: Yes, sir. 05:01:34.250 --> 05:01:35.930 Atty. Michael Wesley Poa: Ito po yung para pag-update, di ba po? 05:01:36.430 --> 05:01:37.290 Marwin L. Galvez: Tama po, sir. 05:01:37.450 --> 05:01:40.630 Atty. Michael Wesley Poa: Nakita niyo po yung sa kaliwa, ang pumirma po ay sino po? 05:01:42.000 --> 05:01:43.180 Marwin L. Galvez: Rodrigo Roa, Duterte po. 05:01:43.240 --> 05:01:45.240 Atty. Michael Wesley Poa: Nakita po sa kanan, sino pong pumirma? 05:01:45.880 --> 05:01:46.920 Marwin L. Galvez: Wala pong nakapirma. 05:01:47.080 --> 05:01:49.040 Atty. Michael Wesley Poa: Thank you, Your Honor. Teresol Ferricross, Your Honor. 05:01:50.140 --> 05:01:54.300 Sen. Francis "Chiz" G. Escudero: Just for the court, what year is this update of the KYC? 05:01:54.300 --> 05:01:54.660 Atty. Michael Wesley Poa: 2015, 05:01:54.960 --> 05:01:55.160 Atty. Michael Wesley Poa: Your Honor. 05:01:55.320 --> 05:01:56.560 Sen. Francis "Chiz" G. Escudero: Okay. Thank you. 05:01:59.140 --> 05:02:05.860 Sen. Francis "Chiz" G. Escudero: Next to interject, make interjections will be Senator Judge Lacson. Thereafter, Senator Judge Erwin Tulfo. 05:02:08.400 --> 05:02:09.940 Sen. Francis "Chiz" G. Escudero: Senator Judge Lacson is recognized. 05:02:10.220 --> 05:02:11.680 Sen. Francis "Chiz" G. Escudero: You may proceed, sir, when you're ready. 05:02:11.680 --> 05:02:22.760 Sen. Panfilo “Ping” M. Lacson: Yes, Mr. President and Officer. Medyo na-cover na ni Senator Kiko yung tanong ko. I-clarify ko lang. Kapag or, Maski sino pwede mag-sign pag nag-withdraw or nag-withdraw? 05:02:23.020 --> 05:02:23.700 Marwin L. Galvez: Tama 05:02:23.700 --> 05:02:36.670 Sen. Panfilo “Ping” M. Lacson: po. Ngayon lang nakakita kasi ng or tapos merong and or. Anong implication kung Rodrigo or X or X and or Y? 05:02:39.640 --> 05:02:41.360 Marwin L. Galvez: Pwede pong pakialet, Your Honor. 05:02:41.580 --> 05:02:53.160 Sen. Panfilo “Ping” M. Lacson: Kasi ang sinabi kanina, yung account, yung 9539, Rodrigo Roa Duterte or? Rodrigo Roa Duterte, and or. 05:02:53.940 --> 05:02:55.180 Marwin L. Galvez: And po. 05:02:55.320 --> 05:03:00.480 Marwin L. Galvez: And Sara Duterte. Opo. Rodrigo Roa or. 05:03:00.900 --> 05:03:05.920 Sen. Panfilo “Ping” M. Lacson: In other words, pwedeng nakapirma lang si former President Duterte. 05:03:06.480 --> 05:03:09.960 Marwin L. Galvez: In the case po nung Julia Vargas account, Your Honor. 05:03:10.120 --> 05:03:10.340 Sen. Panfilo “Ping” M. Lacson: Yes, 05:03:10.360 --> 05:03:11.240 Sen. Panfilo “Ping” M. Lacson: I'm referring to that. 05:03:11.500 --> 05:03:17.120 Marwin L. Galvez: Opo, si former President Rodrigo Roa Duterte lang po ang kayang pumirma na mag-isa. 05:03:18.130 --> 05:03:22.350 Sen. Panfilo “Ping” M. Lacson: Pero kung si Vice President Sara Duterte, kailangan merong pirma rin. 05:03:22.350 --> 05:03:24.590 Marwin L. Galvez: Kailangan po may pirma rin po ng former president. 05:03:24.590 --> 05:03:45.630 Sen. Panfilo “Ping” M. Lacson: Now, ito, without alluding to anyone, sabi niyo hindi uncommon yung nagpapurchase ng manager's checks. Ang tanong ko, karamihan ba na nagpapurchase ng manager's check pagdating ng October or before year-end, mga government officials? 05:03:48.610 --> 05:03:49.510 Sen. Panfilo “Ping” M. Lacson: Pattern ba yan? 05:03:50.030 --> 05:03:53.530 Marwin L. Galvez: I have no personal knowledge or I cannot comment on that. 05:03:53.830 --> 05:04:22.780 Sen. Panfilo “Ping” M. Lacson: Kasi kanina, lumabas kasi si Sen. Lapid. Nung bumalik siya, sabi niya, ano ba yung pinag-uusapan? So binrip ko siya. Nung kanyang naintindihan, sinabi ko sa kanya na ganito yan. Kasi pag inalis mo yung bumili ka ng manager's check, effectively, parang bumili ka sa bangko, so yung pera mo na sa bangko. Hawak mo lang yung cheque. E sabi niya, E next month daw, magbibilisan ng manager check na 100 million. Thank you. 05:04:26.410 --> 05:04:26.930 Sen. Francis "Chiz" G. Escudero: Kung 05:04:26.930 --> 05:04:28.990 Sen. Francis "Chiz" G. Escudero: hindi man kayo, ako na yung naaawa kayo, Senator, 05:04:29.110 --> 05:04:30.370 Sen. Panfilo “Ping” M. Lacson: dito. Joke lang po yun. 05:04:34.200 --> 05:04:36.280 Sen. Francis "Chiz" G. Escudero: Senator Judge Erwin Tulfo is recognized. 05:04:38.060 --> 05:04:40.740 Sen. Francis "Chiz" G. Escudero: Thereafter, Senator Diveros. Thereafter, the Senate President. 05:04:42.950 --> 05:04:44.650 Sen. Erwin Tulfo: Attorney Mao, good afternoon. 05:04:45.890 --> 05:04:50.790 Marwin L. Galvez: Maganda ka pa po, Your Honor. Paumanhin po hindi po ako abogado. 05:04:50.970 --> 05:05:05.050 Sen. Erwin Tulfo: Okay. Anyway, sir. Alam niyo naman itong depositor ng 40 million na time deposit ng mga PEP ito or person exposed to politics. Alam niyo naman? 05:05:05.050 --> 05:05:05.410 Marwin L. Galvez: Yes 05:05:05.410 --> 05:05:05.590 Marwin L. Galvez: po. 05:05:05.710 --> 05:05:22.480 Sen. Erwin Tulfo: Alright. Hindi po ba meron tayong rules yet sa bangko na? Pag yung politiko nag-deposit ng malalaking pera, dapat mas mahigpit po tayo. Yung inyong kliyente na mag-de-deposit ng napakalaking pera, dapat mas marami kayong hinihingi. Tama po ba ito? 05:05:24.460 --> 05:05:31.960 Marwin L. Galvez: Lahat po ng mga kliyente yung nag-transact po, Your Honor, hinihingan po namin ng karampatang identification po. 05:05:32.100 --> 05:05:38.570 Sen. Erwin Tulfo: Opo, pero pag politiko po, I mean, you... Dapat mas mahigpit, di po ba? Dapat mas matindi? 05:05:38.570 --> 05:05:39.990 Marwin L. Galvez: If I may say po, Your Honor. 05:05:40.190 --> 05:05:40.790 Sen. Erwin Tulfo: Alright. 05:05:41.070 --> 05:06:12.610 Sen. Erwin Tulfo: Ngayon, tanong ko. To your knowledge, sir, as a banking professional, would a standard monthly government salary, sir, naturally generate a cash placement of this magnitude? Na isang government official, masking combined po sila mag-asawa, mag-anak, mag-ama, mag-generate pag 40 million in placement. Natural po ba yun? Or dapat magkaroon po, magki-trigger yun ng mga katanungan? 05:06:13.870 --> 05:06:21.670 Marwin L. Galvez: Your Honor, hindi po ako personally knowledgeable as to the salary of the government official, Your 05:06:21.670 --> 05:06:21.671 Marwin L. Galvez: Honor. 05:06:21.671 --> 05:06:22.310 Sen. Erwin Tulfo: Hindi naman siguro 05:06:22.310 --> 05:06:24.710 Sen. Erwin Tulfo: tig-one million sila, Sir. Hindi po ba? 05:06:25.790 --> 05:06:26.930 Marwin L. Galvez: Maari po, Your Honor. 05:06:26.990 --> 05:06:39.800 Sen. Erwin Tulfo: But what I'm saying is that... Pwede ba yun? Yung placement talas ganong 40 million ay yung sweldo lang po ng government. Pinakamataas na ako yata ay 200, 300,000 a month. 05:06:40.080 --> 05:06:50.020 Marwin L. Galvez: Your Honor, I cannot speculate po kasi maaari pong may mga ibang pinanggalingan po yung mga perang i-de-deposit po sa bangko. 05:06:50.160 --> 05:07:06.410 Sen. Erwin Tulfo: Itong multi-million peso na time deposit na in-open, rollover, nag-mature, di po ba? Ito po ay Habang sila ay nasa pwesto. Tama po ba? While they were in the position, while they were in serving as a public official. 05:07:07.450 --> 05:07:09.170 Marwin L. Galvez: Yes, for the period covered po. 05:07:10.030 --> 05:07:10.550 Sen. Erwin Tulfo: Okay. 05:07:10.850 --> 05:07:14.250 Marwin L. Galvez: But not necessarily the current position, Your Honor. 05:07:14.390 --> 05:07:25.950 Sen. Erwin Tulfo: Another question, sir. Looking at the source documentation for the stand deposit, this money did not originate from a BPI bank loan or credit facility extended to the depositor, correct? 05:07:27.050 --> 05:07:40.610 Marwin L. Galvez: Your Honor, I won't be able to answer directly your question, Your Honor. I would have to refer to all the documents and trace back the source of this amount, Your Honor. 05:07:40.810 --> 05:07:51.870 Sen. Erwin Tulfo: Also, there are no records indicating that the specific multi-million peso deposit came from a registered corporate entity or legitimate commercial dividends linked to the depositor, Sir? 05:07:52.190 --> 05:07:56.330 Marwin L. Galvez: I wouldn't personally know, Your Honor. I would have to refer to the documents. 05:07:56.860 --> 05:08:09.340 Sen. Erwin Tulfo: Mr. Presiding Officer, I got two more questions. I only have eight seconds, but when the sum deposit, sir, matured, the principal and interest were immediately converted into a BPI manager's check. Is that correct? 05:08:10.880 --> 05:08:15.520 Marwin L. Galvez: Base po dun sa sinample po ng prosecution kanina, tama po, Your Honor. 05:08:15.720 --> 05:08:25.180 Sen. Erwin Tulfo: By converting these funds into a manager's check, the money effectively vanished from visible monthly bank statements of that specific account number, correct? 05:08:26.020 --> 05:08:39.380 Marwin L. Galvez: Your Honor, base po sa explanation ko po kanina, kapag ka yung pong pera ay ginamit pambilin ng manager's cheque po, mawawala po siya sa balance nung... Pinanggaling ang account po. 05:08:39.440 --> 05:08:41.440 Sen. Erwin Tulfo: So are you saying na nawawala po? 05:08:42.180 --> 05:08:44.460 Marwin L. Galvez: Mawawala po talaga siya, Your Honor. 05:08:44.600 --> 05:08:46.700 Sen. Erwin Tulfo: Pero diyan pa siya sa banko? 05:08:46.740 --> 05:08:51.080 Marwin L. Galvez: Nasa banko po in the form of the manager's check account 05:08:51.080 --> 05:08:51.220 Marwin L. Galvez: po. 05:08:51.220 --> 05:08:55.180 Sen. Erwin Tulfo: Pero kung i-check lang mga account balance, etc., hindi po lulutang? 05:08:55.340 --> 05:09:04.120 Marwin L. Galvez: Hindi po siya lalabas as a part of the total balance po, Your Honor, for as long as nasa manager's account. 05:09:04.300 --> 05:09:10.430 Sen. Erwin Tulfo: One last question, sir. Who was the ultimate payee? Who in cash or deposited that manager's cheque? 05:09:10.710 --> 05:09:19.750 Marwin L. Galvez: Your Honor, I would have to refer to all the documents we submitted if that question would be answered by those documents. 05:09:20.090 --> 05:09:23.970 Sen. Erwin Tulfo: Maraming salamat po for your patience. Maraming salamat po. Thank you, 05:09:23.990 --> 05:09:26.190 Sen. Francis "Chiz" G. Escudero: Senator Judge Irwin. Senator Judge Riza is recognized. 05:09:28.740 --> 05:09:30.340 Sen. Francis "Chiz" G. Escudero: The Senate President is recognized. 05:09:32.380 --> 05:09:34.200 Sen. Sherwin T. Gatchalian: Thank you, Mr. Presiding Officer. 05:09:41.720 --> 05:09:45.720 Sen. Sherwin T. Gatchalian: Mr. Witness, magandang hapon sa iyo. 05:09:45.920 --> 05:09:46.640 Marwin L. Galvez: Magandang hapon po. 05:09:46.780 --> 05:09:50.740 Sen. Sherwin T. Gatchalian: Sundan ko lang yung tanong ni Senator Pangilinan at [unclear] Senator Lacson. 05:09:52.060 --> 05:09:56.440 Sen. Sherwin T. Gatchalian: Dito sa account na ito, itong account 9539. 05:09:57.720 --> 05:10:05.640 Sen. Sherwin T. Gatchalian: Sabi mo na this is a joint account between the former president and kay Vice President Sara Duterte. 05:10:05.640 --> 05:10:11.900 Sen. Sherwin T. Gatchalian: At nasabi mo rin kanina na pareho sila pumirma ng signature card, tama po ba? 05:10:12.030 --> 05:10:17.910 Marwin L. Galvez: Tama po. Base po sa mga isinimiti naming KYC documents po, pareha po silang nakapirma. 05:10:18.430 --> 05:10:19.890 Sen. Sherwin T. Gatchalian: Ito ay noong 2010? 05:10:23.300 --> 05:10:38.240 Marwin L. Galvez: If I can recall po, tama po, 2010 po. But I would have to look at the documents, Your Honor, po to ascertain if the signature card that bears the signature of both Rodrigo and Sara Duterte is 05:10:40.720 --> 05:10:42.100 Marwin L. Galvez: On the said date, your honor. 05:10:42.180 --> 05:10:50.590 Sen. Sherwin T. Gatchalian: Pero nung binuksan yung account, silang dalawa humerma. Kailangan ba sila pumunta doon personally? Nakita ng bank officer? 05:10:51.510 --> 05:10:52.150 Marwin L. Galvez: Dalawa 05:10:52.150 --> 05:10:52.450 Sen. Sherwin T. Gatchalian: sila? 05:10:53.030 --> 05:10:59.290 Marwin L. Galvez: Dapat po normally, ang kliyente po na mag-open ay makita po ng bank employee po. 05:10:59.410 --> 05:11:00.090 Sen. Sherwin T. Gatchalian: Yung dalawa? 05:11:00.540 --> 05:11:01.080 Marwin L. Galvez: Yes po. 05:11:01.180 --> 05:11:05.500 Sen. Sherwin T. Gatchalian: Si former President Duterte and Vice President Sara. 05:11:05.500 --> 05:11:15.460 Marwin L. Galvez: Yes po. Generally po, Your Honor, pumupunta po sa banko. Pero may mga instances po na hindi kinakailangan pumunta basta na-witness po ng bank personnel yung pag-firma nila. 05:11:15.660 --> 05:11:17.740 Sen. Sherwin T. Gatchalian: Both ba sila dumadaan sa KYC? 05:11:18.080 --> 05:11:25.750 Marwin L. Galvez: Parehas po. Lahat po ng mga nakapangalan sa account na inoopen po ay dadaan po sa... KYC Policy. 05:11:25.890 --> 05:11:26.130 Sen. Sherwin T. Gatchalian: Sa 05:11:26.130 --> 05:11:38.230 Sen. Sherwin T. Gatchalian: KYC Policy. Okay. Anong mga taon na merong time deposits na 40 million? Kanina sinabi nung prosecution 2010 may time deposit na 40 million. Tama? 05:11:39.230 --> 05:11:43.010 Marwin L. Galvez: Tama po base po sa exhibit ng prosecution kanina, Your Honor. 05:11:43.230 --> 05:11:45.130 Sen. Sherwin T. Gatchalian: Sa 2011, meron rin? 05:11:45.690 --> 05:11:49.130 Marwin L. Galvez: Meron din po base po sa mga pinresenta po kanina. 05:11:51.570 --> 05:11:53.030 Sen. Sherwin T. Gatchalian: Alam mo ba kung meron o wala? 05:11:54.280 --> 05:12:07.380 Marwin L. Galvez: Kung maalala ko po kanina yung mga tinanong na dates, mga ganong around those period po, Your Honor. But I would request if you need specific dates po, I would have to refer to the documents, Your Honor. 05:12:07.560 --> 05:12:11.300 Sen. Sherwin T. Gatchalian: Pwede mo bang tignan yung documents? In time deposit lang, anong years merong time 05:12:11.300 --> 05:12:12.080 Sen. Sherwin T. Gatchalian: deposits? 05:12:12.080 --> 05:12:13.420 Marwin L. Galvez: Your Honor, if I may request the... 05:12:13.420 --> 05:12:14.620 Atty. James Bryan Ibrahim A. Alih: Your 05:12:16.730 --> 05:12:28.190 Atty. James Bryan Ibrahim A. Alih: Honor, our assisting counsel is assisting. And just to clarify, Your Honor, it's two time deposits, 41 million and... 55 million, sir. Which was explained kanina po. 05:12:28.350 --> 05:12:31.830 Sen. Sherwin T. Gatchalian: Yes. That was, counsel, that was for year 2010? 05:12:32.250 --> 05:12:37.650 Atty. James Bryan Ibrahim A. Alih: Yes po. Parehas pong tumatakbo yung dalawa na yun. Same time. 05:12:38.070 --> 05:12:42.610 Sen. Sherwin T. Gatchalian: So 2010, magkano ang time deposit? 05:12:42.970 --> 05:12:48.390 Atty. James Bryan Ibrahim A. Alih: Total po 96. Dalawang magkahiwalay, 55 at saka 41. 05:12:48.790 --> 05:12:49.510 Sen. Sherwin T. Gatchalian: For 2010? 05:12:49.910 --> 05:12:50.470 Atty. James Bryan Ibrahim A. Alih: Yes po. 05:12:50.570 --> 05:12:51.270 Sen. Sherwin T. Gatchalian: For 2011? 05:12:52.170 --> 05:12:52.850 Atty. James Bryan Ibrahim A. Alih: Same. 05:12:53.390 --> 05:12:55.830 Sen. Sherwin T. Gatchalian: 96 rin. Yes. For 2012? 05:12:57.110 --> 05:12:59.790 Atty. James Bryan Ibrahim A. Alih: Naging ano na po. Naging MCs na po siya. 05:13:00.770 --> 05:13:02.270 Sen. Sherwin T. Gatchalian: May time deposit o wala? 05:13:02.610 --> 05:13:05.630 Atty. James Bryan Ibrahim A. Alih: No, hindi na po nag-renew if I recall it right, sir. So 05:13:05.630 --> 05:13:08.110 Sen. Sherwin T. Gatchalian: 2010, 2011 may time deposits. 05:13:08.370 --> 05:13:08.750 Sen. Sherwin T. Gatchalian: 2013? 05:13:10.470 --> 05:13:14.890 Atty. James Bryan Ibrahim A. Alih: Based po sa testimony, wala na po. Naging MCs na po lahat. So 05:13:14.890 --> 05:13:19.260 Sen. Sherwin T. Gatchalian: definitely 2010 and 2011. Value of 96? 05:13:19.580 --> 05:13:20.540 Atty. James Bryan Ibrahim A. Alih: 96 million. 05:13:20.760 --> 05:13:21.540 Sen. Sherwin T. Gatchalian: 96 million. 05:13:21.740 --> 05:13:26.320 Atty. James Bryan Ibrahim A. Alih: Two different time deposits. 41 and 55 million. 05:13:26.680 --> 05:13:48.290 Sen. Sherwin T. Gatchalian: Okay. And then, tama po ba na kanina present, tinitignan ko ngayon, na yung mga managers check, for example, in 2011 na issue ng October? Taman po ba? Mr. Witness? 05:13:50.570 --> 05:13:51.110 Sen. Sherwin T. Gatchalian: Mr. 05:13:51.230 --> 05:13:51.550 Sen. Sherwin T. Gatchalian: Galvez? 05:13:51.930 --> 05:13:54.210 Marwin L. Galvez: Sorry po, Your Honor. Pwede pong pakiulit. 05:13:54.450 --> 05:13:58.450 Sen. Sherwin T. Gatchalian: Noong 2010, kailan na-issue yung manager's check? 05:14:04.060 --> 05:14:05.180 Marwin L. Galvez: Your Honor, 05:14:18.680 --> 05:14:23.160 Marwin L. Galvez: may nakikita po akong manager's check dated April 19, 2012. Ang 05:14:23.160 --> 05:14:24.860 Sen. Sherwin T. Gatchalian: na-issue yung manager's check? 05:14:25.140 --> 05:14:27.000 Marwin L. Galvez: Yes po, Your Honor. 05:14:27.180 --> 05:14:32.200 Sen. Sherwin T. Gatchalian: And then for 2012, kailan na-issue yung manager's check? 05:14:32.560 --> 05:14:34.560 Marwin L. Galvez: April 19, 2012 po. 05:14:34.560 --> 05:14:34.920 Sen. Sherwin T. Gatchalian: Na 05:14:34.920 --> 05:14:36.200 Sen. Sherwin T. Gatchalian: -issue yung manager's check. 05:14:36.200 --> 05:14:36.740 Marwin L. Galvez: Tama po. 05:14:36.740 --> 05:14:38.520 Sen. Sherwin T. Gatchalian: Okay. And then meron pa ba 2013? 05:14:59.750 --> 05:15:06.430 Marwin L. Galvez: Sir, I see, your honor, I see a manager's check po dated October 20, 2011 din po. 05:15:08.220 --> 05:15:14.320 Sen. Sherwin T. Gatchalian: Oh, sorry. Ulitin natin ha. 2010, ano ang date? 2010. 05:15:19.700 --> 05:15:20.880 Sen. Sherwin T. Gatchalian: Yung manager's check. 05:15:24.520 --> 05:15:28.620 Marwin L. Galvez: Wala pong 2010, your honor. 2011 po yung... 05:15:28.770 --> 05:15:29.890 Sen. Sherwin T. Gatchalian: 2011 is 05:15:29.890 --> 05:15:31.770 Sen. Sherwin T. Gatchalian: anong date? 05:15:31.770 --> 05:15:42.880 Marwin L. Galvez: For isang October 20, 2011 po. Dalawa po, bali. Dalawa managers check dated October 20, 2011, Your Honor. 05:15:42.960 --> 05:15:46.220 Sen. Sherwin T. Gatchalian: Okay. And then for 2012? 05:15:46.220 --> 05:15:46.820 Marwin L. Galvez: For 05:15:46.820 --> 05:15:51.220 Marwin L. Galvez: 2012, yun po yung April 19, 2012 po, Your Honor. 05:15:51.440 --> 05:15:53.900 Sen. Sherwin T. Gatchalian: Okay. And then for 2013? 05:16:33.260 --> 05:16:37.600 Marwin L. Galvez: For 2013, your honor, meron pong dated October 7, 2013. 05:16:38.080 --> 05:16:49.330 Sen. Sherwin T. Gatchalian: Ano ang nauuna? Yung pag-debit ng account mo papunta sa account ng bangko o mag-issue ng manager's cheque? 05:16:50.020 --> 05:16:53.100 Marwin L. Galvez: Kailangan po munang ma-debit yung pinanggalingan po ng account. 05:16:53.100 --> 05:16:53.820 Sen. Sherwin T. Gatchalian: Yung pinanggalingan? 05:16:53.820 --> 05:16:56.820 Marwin L. Galvez: Para pag na-negotiate po yung manager's cheque, may pondo po siya. 05:16:56.860 --> 05:17:01.580 Sen. Sherwin T. Gatchalian: Okay. So, nung 2010, kailangan na-debit yung account? 05:17:04.870 --> 05:17:05.590 Sen. Sherwin T. Gatchalian: 9539. 05:17:11.990 --> 05:17:18.430 Sen. Sherwin T. Gatchalian: Yung account 9539. Para pumunta sa account ng banko. 05:17:22.960 --> 05:17:26.040 Sen. Sherwin T. Gatchalian: Maybe the counsel can assist? 05:17:26.820 --> 05:17:28.760 Atty. James Bryan Ibrahim A. Alih: Wala hindi. This is a time deposit. 05:17:30.820 --> 05:17:31.540 Sen. Sherwin T. Gatchalian: From 05:17:31.540 --> 05:17:37.920 Sen. Sherwin T. Gatchalian: account 9539 pumunta sa account ng banko. 2013 siya. 05:17:38.400 --> 05:17:49.960 Atty. James Bryan Ibrahim A. Alih: Your Honor, based po dun sa time deposit po. 2010. 2010. Doon sa 40 million po, the last 05:17:53.380 --> 05:17:56.500 Atty. James Bryan Ibrahim A. Alih: renewal was on February 11, 05:17:59.760 --> 05:18:00.300 Atty. James Bryan Ibrahim A. Alih: 2011. 05:18:00.820 --> 05:18:02.100 Atty. James Bryan Ibrahim A. Alih: Bumalik siya ng March? 05:18:02.970 --> 05:18:11.030 Atty. James Bryan Ibrahim A. Alih: March 9 po bumalik sa settlement account. Yan po yung sa 40 million. 05:18:11.610 --> 05:18:14.310 Sen. Sherwin T. Gatchalian: Pero from settlement to the bank account? 05:18:15.820 --> 05:18:16.860 Sen. Sherwin T. Gatchalian: May transfer 05:18:16.860 --> 05:18:19.680 Sen. Sherwin T. Gatchalian: pa yan for the issuance of the manager's check? 05:18:20.320 --> 05:18:25.240 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. Kasi sa settlement account, diretsyo na po sa account ng bank for... 05:18:25.240 --> 05:18:30.680 Sen. Sherwin T. Gatchalian: Diretsyo na siya? Kailan yun? Anong month yun? Tama ba? Mr. Galvez? 05:18:31.570 --> 05:18:40.990 Marwin L. Galvez: Sir, Your Honor, base po sa mga dokumentong tinitignan ko ngayon, wala pong manager's check dated 2010 po. 05:18:42.790 --> 05:18:47.100 Marwin L. Galvez: Meron pong time deposit po. Na dated 2010 po. 05:18:47.260 --> 05:18:50.160 Sen. Sherwin T. Gatchalian: Time deposit na dated 2010. Ito yung 96 million. 05:18:50.840 --> 05:18:55.800 Marwin L. Galvez: 40 po plus 55, Your Honor. 05:18:56.910 --> 05:19:02.610 Sen. Sherwin T. Gatchalian: And then yung gusto ko malaman yung from settlement account to the bank account in 2010. 05:19:08.720 --> 05:19:10.540 Marwin L. Galvez: Paumanhin po, Your Honor. Wala po ako 05:19:10.540 --> 05:19:10.920 Marwin L. Galvez: nakita. 05:19:11.080 --> 05:19:13.200 Marwin L. Galvez: 2011 meron po. 05:19:16.220 --> 05:19:16.860 Sen. Sherwin T. Gatchalian: For 05:19:16.860 --> 05:19:17.300 Sen. Sherwin T. Gatchalian: 2011. 05:19:18.040 --> 05:19:31.220 Atty. James Bryan Ibrahim A. Alih: Maybe I can help your honor. Because this is just part of the record, sir honor. So ang ano po is March 9, 2011. That is for both checks po. 41 million and 55 million. 05:19:31.820 --> 05:19:33.160 Sen. Sherwin T. Gatchalian: Okay. And for 2012? 05:19:36.250 --> 05:19:42.850 Atty. James Bryan Ibrahim A. Alih: Before 2012, your honor, meron pang isa nung October. That is on October 20. 05:19:44.560 --> 05:19:51.690 Atty. James Bryan Ibrahim A. Alih: Parehas din po, October 20. for 41 million, and October 20 for another 55 million. 05:19:53.450 --> 05:19:54.950 Sen. Sherwin T. Gatchalian: And then for 2013? 05:19:55.570 --> 05:20:04.290 Atty. James Bryan Ibrahim A. Alih: For 2012 pa po. Sa 2012 po, April naman po, April 19, for the same amounts, a total of 96. 05:20:07.310 --> 05:20:35.700 Atty. James Bryan Ibrahim A. Alih: And then from April, six months after, October 17, 2012, that is still for 96 million. And then April again, 2013 na po, again for 96, and lastly po nung October 7, parehas pa rin po yung date, for the same amount na dalawang checks, 41 and 55 million. 05:20:35.860 --> 05:20:47.940 Sen. Sherwin T. Gatchalian: Alright, thank you, thank you for that. The reason why I am asking, kasi minabanga ko ito doon sa SALN ni Vice President Sara, at kung merong time deposit na joint account, 05:20:49.880 --> 05:21:15.900 Sen. Sherwin T. Gatchalian: 96 million. Dapat mag-reflect yan sa SALN niya. Kasi joint account. And alam niya na mayroong ganun na account. So tinitignan ko dito sa 2010 SALN, wala akong makitang 96 million. Dito sa 2011, wala rin akong makitang 96 million. And then sinabi mo kanina, counsel, na yung 2012, wala na. 05:21:16.120 --> 05:21:16.740 Atty. James Bryan Ibrahim A. Alih: Yes. 05:21:16.860 --> 05:21:46.600 Sen. Sherwin T. Gatchalian: Nawala na siya. Nevertheless, in 2012 wala rin akong makitang 96 million. So I'm trying to link yung sinasabi nyo kaninang bumili ng manager's cheque, ninagay muna sa banko ng account ng banko at nagiging unutilized si manager's cheque. So I'm trying to... Trying to link that to the SALN and see kung merong pattern. That's the point I'm trying to make. 05:21:46.820 --> 05:21:58.700 Atty. James Bryan Ibrahim A. Alih: Understood, your honor. And I think that's the best way of looking at it, yung pattern po na yan because that involved six transactions for the same period, same dates. 05:21:59.300 --> 05:22:06.280 Sen. Sherwin T. Gatchalian: But ang bottom line kasi, for 2010 and 2011, may time deposit na 96 million. 05:22:06.520 --> 05:22:07.200 Atty. James Bryan Ibrahim A. Alih: Yes, your honor. 05:22:07.300 --> 05:22:11.100 Sen. Sherwin T. Gatchalian: I think that is a fact. Tama ko ba, Mr. Galvez? 05:22:12.080 --> 05:22:16.160 Marwin L. Galvez: Tama po, Your Honor, based on the documents we submitted po. 05:22:16.160 --> 05:22:16.540 Sen. Sherwin T. Gatchalian: Thank 05:22:16.540 --> 05:22:16.720 Sen. Sherwin T. Gatchalian: you, 05:22:16.740 --> 05:22:17.000 Sen. Sherwin T. Gatchalian: Mr. 05:22:17.160 --> 05:22:28.400 Atty. Michael Wesley Poa: President. Your Honor, with all due respect, kung okay lang po, since the prosecution was able to say it's a pattern and all that, may I just, and it's up to the court how they will appreciate this. 05:22:28.400 --> 05:22:29.200 Sen. Francis "Chiz" G. Escudero: You can have your fair share of 05:22:29.200 --> 05:22:30.340 Sen. Francis "Chiz" G. Escudero: another word. 05:22:30.760 --> 05:23:04.440 Atty. Michael Wesley Poa: I think tama po yung question ng ating butihing Senate President. The operative word is, if she is aware. Diba? You were saying, these accounts, the time deposit, if she is aware, dapat magbangga sa SALN. Operative phrase there, if she is aware. And secondly, as we demonstrated during CROSS, all these time deposits, all these transactions, wala pong pirma ng ating vice-presidente. And all of them were done by the former president, Rodrigo R. Duterte. We'll leave it at that, Your Honor. We will not make conclusions of law or fact. 05:23:07.720 --> 05:23:15.540 Sen. Sherwin T. Gatchalian: Doon sa signature card ay pumupunta ba doon personally? May KYC? Kailan nagbukas ng account? 05:23:17.880 --> 05:23:31.510 Sen. Sherwin T. Gatchalian: That's why tinanong ko kay Mr. Galvez kung 2010, as early as 2010, meron ng signature. Si vice president doon sa joint account and apparently meron. And 05:23:31.510 --> 05:23:54.870 Atty. Michael Wesley Poa: that's also why we asked your honor for dun sa updating ng accounts because I could not ask the witness kung pumirma ba si BP because obviously he won't have personal knowledge on that but that's also why we asked on dun sa updating kung pumirma ba but again I don't want to cross. The line and I will just leave it to the appreciation of the court, Your Honor. Again, thank you for your patience with me also, Mr. President. 05:23:55.090 --> 05:23:57.110 Sen. Sherwin T. Gatchalian: Thank you, Atty. Poa. Thank you, Mr. Galdas. 05:23:57.170 --> 05:24:01.230 Sen. Francis "Chiz" G. Escudero: Thank you, Mr. President. Senator Judge Antiveros is recognized. You may proceed, Ma'am. 05:24:10.150 --> 05:24:15.890 Sen. Risa Hontiveros: Salamat po, Mr. Presiding Officer. Ilan lang, actually a couple lang ng mga tanong para sa defense. 05:24:17.550 --> 05:24:20.550 Sen. Risa Hontiveros: Para lang malinaw. Magandang hapon po, Atty. Poa. Magandang 05:24:20.550 --> 05:24:20.990 Atty. Michael Wesley Poa: hapon po. 05:24:23.030 --> 05:24:38.820 Sen. Risa Hontiveros: Bagamat sinabi niyo nga kanina na Mas importante yung sulat, yung sagot ng BPI Legal sa inyo. Yung letter po ninyo sa BPI Legal, pwede nyo po bang i-flash? With the permission of the presiding officer. 05:24:38.820 --> 05:24:39.140 Atty. Michael Wesley Poa: If they will permit. 05:24:40.060 --> 05:24:40.640 Atty. Michael Wesley Poa: Yes, 05:24:42.910 --> 05:24:45.350 Atty. Michael Wesley Poa: Your Honor, you can ask the tech. 05:24:45.350 --> 05:24:46.970 Sen. Risa Hontiveros: Yung sulat ninyo po sa BPI Legal. 05:24:47.230 --> 05:24:48.190 Sen. Risa Hontiveros: Thank you po. 05:24:51.410 --> 05:24:54.910 Sen. Francis "Chiz" G. Escudero: The tech is so instructed upon the request of Senator Judge Riza. 05:24:55.560 --> 05:24:57.020 Sen. Risa Hontiveros: Salamat po, Mr. Presiding Officer. 05:25:14.050 --> 05:25:15.950 Atty. Michael Wesley Poa: Sorry, Your Honor, if it's taking some time. 05:25:16.250 --> 05:25:16.810 Sen. Francis "Chiz" G. Escudero: It's alright po. 05:25:18.720 --> 05:25:19.120 Sen. Francis "Chiz" G. Escudero: You 05:25:19.120 --> 05:25:22.800 Sen. Francis "Chiz" G. Escudero: can proceed to another point in the meantime, Senator Judge Riza. Ah, there you go. 05:25:23.160 --> 05:25:23.560 Sen. Francis "Chiz" G. Escudero: Can 05:25:23.560 --> 05:25:25.160 Sen. Francis "Chiz" G. Escudero: you kindly blow it up a bit? 05:25:29.900 --> 05:25:32.540 Sen. Francis "Chiz" G. Escudero: Yes, you may proceed, Senator Judge Riza. 05:25:33.280 --> 05:25:38.900 Sen. Risa Hontiveros: Salamat po, Mr. Presiding Officer. Ah, alright. 05:25:40.430 --> 05:25:40.830 Sen. Risa Hontiveros: If 05:25:40.830 --> 05:25:45.320 Sen. Risa Hontiveros: I could just... Should I read this out, Mr. President? 05:25:45.540 --> 05:25:48.160 Sen. Francis "Chiz" G. Escudero: The tech is requested to kindly blow it up a bit. 05:25:49.290 --> 05:25:51.800 Atty. Michael Wesley Poa: Your Honor, may I 05:25:51.800 --> 05:25:51.801 Atty. Michael Wesley Poa: give you a copy? 05:25:51.801 --> 05:25:54.000 Sen. Francis "Chiz" G. Escudero: Kindly give a copy to Senator Judge Riza. 05:25:54.020 --> 05:25:56.680 Sen. Risa Hontiveros: Salamat po. It's simply... Salamat po, Attorney. 05:26:06.890 --> 05:26:08.470 Sen. Risa Hontiveros: So it simply says, 05:26:09.000 --> 05:26:34.140 Sen. Risa Hontiveros: [unclear] We write as counsel for Vice President [unclear] Duterte. Certain public statements have referred to purported bank accounts allegedly maintained with your institution bearing various account numbers, hereto attached as Annex A. In light of these allegations and considering that our client has no knowledge, participation, or recollection of maintaining or having any beneficial interest in such accounts, we respectfully request confirmation of the following. 05:26:34.180 --> 05:27:56.530 Sen. Risa Hontiveros: 1. Whether the enumerated accounts exist in your records and 2. If it exists, the present status of said accounts. In the event that such accounts are found to exist, we further request guidance on the procedure for obtaining legally permissible documentation, including, if allowed by law, certified copies of the account opening documents, transaction history, and other relevant records. For this purpose, we have attached the duly executed special power of attorney authorizing the undersigned Atty. Poa, to make this formal inquiry and to receive certifications or documents subject to compliance with applicable banking and privacy laws. This request is being made solely for verification purposes and shall not be construed as any admission, acknowledgement or confirmation of ownership, authority or beneficial interest in any such account. We appreciate your prompt attention and look forward to your response for the firm Atty. Michael T. Poa. So ang kaugnay na tanong ko lamang po dito sa sulat na ito ninyo, Atty. Poa, sa BPI Legal. Yung pagkakaintindi ko po kasi sa sinasabi ninyo so far. Ang tunay na may-ari at may-control doon sa ginawa sa manager's cheque na 41 million pesos ay si Rodrigo Roa Duterte at hindi si Sara Duterte. Tama po ba yun? 05:27:56.650 --> 05:29:09.780 Atty. Michael Wesley Poa: Well, to better phrase it, Your Honor, our client Does not have any recollection kasi of this account. Lumabas lang po ito. Because I don't want to waive, no? Of course, the rights of the former president also to challenge whatever documents he may challenge. But ang punto lang po namin, nung lumabas po ito... I think it was sa Quadcom, if I'm not mistaken. Lumabas yung mga accounts. Tinitingnan namin itong mga accounts na to and I was asked by the vice president to verify kasi hindi niya natatandaan na may ganito yung account at wala daw siyang transaksyon. So, in fact, that's why we wanted to show even the response of the BPI to my letter. But I understand, of course, the objection of the prosecution. I probably would have done the same. So ang sa amin lang po, we will present as instructed by, as advised by the presiding officer to present the response of BPI para lalo nating maintindihan because ang punto lang po namin sa letter na ito is to ask whether or not the accounts exist and if they do exist to at least give us the documents para alam naman po namin dahil noong time na yun ay alam namin may nakahain na rin po na impeachment laban sa ating vicepresidente. 05:29:10.320 --> 05:29:28.360 Sen. Risa Hontiveros: So sabi niyo si VP Duterte walang recollection nitong mga transactions and bagamat ayaw niyong i-waive yung karapatan ng dating presidente, hamuni nito. So ang tinuturo ni VP Duterte ay kanyang ama si Rodrigo Roa Duterte sa mga transactions nito. 05:29:28.770 --> 05:29:31.310 Atty. Michael Wesley Poa: Ang sinasabi lang po niya ay wala siyang naging participation. 05:29:31.670 --> 05:29:32.510 Sen. Risa Hontiveros: Walang participation. 05:29:33.330 --> 05:29:42.750 Atty. Michael Wesley Poa: I hope you understand, Madam Senator. I just don't want to prejudice also the former President and his counsel for any legal defenses they may have regarding these accounts. 05:29:43.170 --> 05:29:51.250 Sen. Risa Hontiveros: I understand, Attorney Poa. So, salamat po, Mr. President. That's all from me for now. 05:29:51.250 --> 05:29:51.770 Sen. Francis "Chiz" G. Escudero: Thank 05:29:51.770 --> 05:29:53.250 Sen. Francis "Chiz" G. Escudero: you for your presence, Madam Senator. 05:29:53.630 --> 05:29:58.540 Sen. Francis "Chiz" G. Escudero: Senator Judge Villanueva, you may proceed when you're ready, sir. 05:30:02.640 --> 05:30:08.660 Sen. Francis "Chiz" G. Escudero: Thereafter, Senator Judge Panglinaan and then you're done. Mr. Mao. 05:30:08.660 --> 05:30:10.300 Sen. Joel Villanueva: Thank you, Mr. 05:30:11.650 --> 05:30:33.830 Sen. Joel Villanueva: Presiding Officer, sa ating witness. Sir, maraming nagtanong na po about dun sa gusto kong susugan yung parang naging practice na yung isang account na time deposit. 05:30:36.120 --> 05:30:48.560 Sen. Joel Villanueva: Magiging managers check. And siguro yung unang itatanong ko po, ilan po ba dito sa mga accounts na ito yung from time deposit naging managers check? 05:30:53.270 --> 05:31:01.210 Marwin L. Galvez: Your Honor, I would have to confirm with the docs but based on my recollection mukhang yung Julio Vargas lang po. 05:31:01.210 --> 05:31:03.110 Sen. Joel Villanueva: So ilan pong accounts yan? 05:31:03.110 --> 05:31:11.880 Marwin L. Galvez: Isang account po yan. But I may be wrong, your honor. I would have to confer with the documents. 05:31:11.880 --> 05:31:12.020 Sen. Joel Villanueva: Kasi 05:31:12.020 --> 05:31:17.380 Sen. Joel Villanueva: may biglang gituko kayo yung 4155 naging manager's check. Dalawa na po agad yun. 05:31:20.260 --> 05:31:28.520 Marwin L. Galvez: Sorry, your honor. May I clarify with your earlier question? Are you pertaining to the number of manager's check or the number of deposit accounts? 05:31:28.660 --> 05:31:46.350 Sen. Joel Villanueva: Yes. Actually, if I may repeat the question. Meron pong mga accounts. na from time deposit, predeterminate, naging manager's check. Is that correct? And then meron naman na binili as manager's check. 05:31:46.510 --> 05:31:47.490 Marwin L. Galvez: Tama po, Your 05:31:47.490 --> 05:31:52.190 Sen. Joel Villanueva: Honor. Ilan po yun? Yun yung gusto kong itanong, to lay the predicate. 05:31:52.390 --> 05:32:06.560 Marwin L. Galvez: As to the pinanggalingan po na account, Your Honor, which is the source of the funding. Ang pinambili po ng manager's check, if we're talking about the Julio Vargas account po, isang account po yun, your honor. 05:32:06.760 --> 05:32:07.420 Sen. Joel Villanueva: Isang account po? 05:32:07.460 --> 05:32:25.240 Marwin L. Galvez: Yung pong manager's check na binili galing po doon sa Julio Vargas account, at the least po, based on the documents that we presented kanina, presented by the counsel kanina, at least po, merong dalawang manager's check. At least for the amounts, 41. 05:32:25.240 --> 05:32:25.520 Sen. Joel Villanueva: So 05:32:25.520 --> 05:32:44.470 Sen. Joel Villanueva: dun lang po, ito. Pag-usapan natin. Hindi ba nagiging pattern ito? Kasi kanina nga binanggit ni Senping yung may ilang nagpa-practice ng mga politicians. Pag before the year end, mawawala na yung account nila, magiging manager's check, you're not required to put it in your salon. 05:32:45.590 --> 05:32:49.150 Marwin L. Galvez: Your Honor, I cannot... 05:32:50.700 --> 05:32:57.140 Marwin L. Galvez: I cannot give you a full confirmation. Hindi ko po masasabi na ito po ay prosesong ginagawa ng mga politician. 05:32:57.140 --> 05:32:57.460 Sen. Joel Villanueva: You 05:32:57.460 --> 05:32:58.540 Sen. Joel Villanueva: cannot say it's a pattern. 05:32:58.880 --> 05:33:01.000 Marwin L. Galvez: I cannot say it's a pattern po, Your Honor. 05:33:01.120 --> 05:33:02.200 Sen. Joel Villanueva: But it's a usual practice. 05:33:03.880 --> 05:33:11.020 Marwin L. Galvez: Yung pong practice na, if I may be clarified to your question, Your Honor, as to pertaining to politicians, hindi ko po yun 05:33:11.020 --> 05:33:11.440 Marwin L. Galvez: masasabi. 05:33:11.440 --> 05:33:12.080 Sen. Joel Villanueva: Not necessarily politician. 05:33:12.860 --> 05:33:15.140 Sen. Joel Villanueva: Is it usual? 05:33:15.140 --> 05:33:33.160 Marwin L. Galvez: Your Honor, as earlier mentioned po, Marami pong mga pagkakataon na ang mga biniling manager's check po ay hindi po nagamit or na-negotiate. At para sa mga ganitong pagkakataon po, ibinabalik po yun sa account ng mga bumili po ng manager's check. 05:33:33.400 --> 05:33:39.980 Sen. Joel Villanueva: From the manager's check to account? Paano kung wala na po yung account? Mag-open ulit? Automatic? 05:33:42.910 --> 05:33:44.670 Marwin L. Galvez: Pag wala na po yung account, 05:33:46.480 --> 05:33:58.240 Marwin L. Galvez: Kasi po, yung pong proceeds ng unutilized managers check, your honor, we make it sure na mapunta po siya kung kanino po nanggaling. 05:33:58.440 --> 05:33:59.040 Marwin L. Galvez: So 05:33:59.040 --> 05:34:09.320 Marwin L. Galvez: kung wala na pong account yun, we will require the purchaser to open an account so we can credit back the proceeds of an unutilized managers check. 05:34:09.320 --> 05:34:09.580 Sen. Joel Villanueva: I 05:34:09.580 --> 05:34:10.580 Sen. Joel Villanueva: got it, but it's not automatic. 05:34:11.920 --> 05:34:15.560 Marwin L. Galvez: Automatic, your honor, meaning... Sorry. 05:34:16.620 --> 05:34:22.100 Sen. Joel Villanueva: Sorry, inuhulit ko lang yung tanong ko. Hindi ho automatic na you just create an account for that? 05:34:22.100 --> 05:34:23.280 Marwin L. Galvez: No po, no po. 05:34:23.280 --> 05:34:24.060 Sen. Joel Villanueva: So you have to 05:34:24.060 --> 05:34:25.960 Sen. Joel Villanueva: ask the purchaser to open? 05:34:25.960 --> 05:34:39.400 Marwin L. Galvez: Usually po pagka nandyan pa po ang... Ang pinanggalingan ng account po, active po, at ni-request po ng purchaser po na ibalik po yung MC. Doon po namin ibinabalik. Kung saan po siya kinuha, your honor. 05:34:39.560 --> 05:35:22.310 Sen. Joel Villanueva: Let me go to another point. Kanina ho nandito yung sa Metro bang I don't know if you heard about what she said a while ago na hindi yun ang nangyayari sa kanila yung glitch o yung bug, whatsoever. Pag-usapan ho natin yung nangyayari sa BPI where you previously corrected several... Covered transactions involving Atty. Manases Carpio after determining that a system error had overstated the amounts. Para lang po malinaw dito sa Korte, ano po yung validation process ng BPI na bago niyo po sinumite yung isang covered transaction or STR, suspicious transaction, sa AMLC? At kapag may error po kayo, 05:35:29.750 --> 05:35:48.930 Marwin L. Galvez: Your Honor, if I may answer that similar to how I answered po kanina, I am not in a position po para sagutin po yung mga tanong ninyo bilang iba pong unit po ang gumagawa ng ganyang trabaho. I have no involvement po with regards to the report submitted to AMLC, Your Honor. 05:35:49.430 --> 05:36:00.310 Sen. Joel Villanueva: As division head for Central Manila branches ng BPI, hindi niyo po alam what caused the system error and when was the correction implemented? 05:36:00.750 --> 05:36:04.230 Marwin L. Galvez: I have no information, your honor po. I'm sorry po. 05:36:04.550 --> 05:36:39.110 Sen. Joel Villanueva: It's alright. Nakakalungkot lang ako kasi mga barkada ko sa BPI nag-text po sa akin dahil sabi nila baka pro-Metrobank na po ako. Kaya po binibigyan ko kayo ng pagkakataon na masagot po ninyo. Last na lang po, Sir Presiding Officer. Doon po sa BPI transactions involving the respondent for her spouse during the current term. From 2022, nung naging vice president po si VP Sara hanggang ngayon, may mga transactions po ba na na-report kayo na suspicious transaction o magpo-fall under STR na na-report po ninyo? 05:36:39.550 --> 05:36:43.830 Marwin L. Galvez: Again, Your Honor, I am not in a position to answer your question. 05:36:44.360 --> 05:37:05.920 Sen. Joel Villanueva: Even without disclosing na lang po, any confidential, internal deliberations, ano po yung objective feature as AAA banker? Ano po yung objective feature ng transaction? Maaaring amount, source of funds, pattern, third party involvement, that triggered enhanced review? 05:37:06.910 --> 05:37:12.450 Marwin L. Galvez: Maraming pong mga bagay, Your Honor, but I wouldn't have that information po. Pasensya na po, Your Honor. 05:37:12.860 --> 05:37:16.000 Sen. Joel Villanueva: Salamat to. Wala akong nakuha. Salamat. Thank you. 05:37:18.020 --> 05:37:28.710 Sen. Francis "Chiz" G. Escudero: Senator Judge Kiko, given that... Mahaba ka ba, Senator Kiko? 05:37:30.220 --> 05:37:38.130 Sen. Francis "Chiz" G. Escudero: Because Mr. Mao needs to do something that I need not join him. 05:37:41.030 --> 05:38:00.660 Sen. Francis "Chiz" G. Escudero: Mr. Mao or anyone... From both parties, we'll call a brief break of five minutes for the counsels and the witness to answer to the call of nature. I know you've been there for quite some time. Chair declares a brief recess of five minutes. We shall resume at 3.37 or as soon as Mr. Mao comes back. 05:44:22.880 --> 05:44:25.980 Sen. Francis "Chiz" G. Escudero: Kindly situate yourself, Mr. Mao, on 05:44:28.440 --> 05:44:31.800 Sen. Francis "Chiz" G. Escudero: the witness stand. Senator Judge Kika is recognized. You may proceed, sir, when you're ready. 05:44:32.000 --> 05:44:32.480 Sen. Francis “Kiko” Pangilinan: Thank you. 05:44:32.500 --> 05:44:33.940 Sen. Francis "Chiz" G. Escudero: Thereafter, Senator Judge Robin. 05:44:36.220 --> 05:44:39.340 Sen. Francis “Kiko” Pangilinan: Salamat, Mr. Presiding Officer. Magandang hapong ulit. 05:44:42.070 --> 05:44:50.270 Sen. Francis “Kiko” Pangilinan: Meron tayong katanungan. Meron bang peso accounts sa BPI ang Cale88? 05:44:51.420 --> 05:44:57.680 Marwin L. Galvez: Based on the records that we submitted, Your Honor, meron pong isang active peso account po ang Cale88. 05:44:57.940 --> 05:45:01.140 Sen. Francis “Kiko” Pangilinan: Pero ilan ang active at inactive? 05:45:01.140 --> 05:45:01.900 Marwin L. Galvez: Isa po ang 05:45:01.900 --> 05:45:05.200 Marwin L. Galvez: active. At isa po ang closed account, Your Honor. 05:45:05.200 --> 05:45:07.340 Sen. Francis “Kiko” Pangilinan: So dalawang account. Peso account. 05:45:07.340 --> 05:45:08.220 Marwin L. Galvez: Tama po, Your Honor. 05:45:08.220 --> 05:45:08.400 Sen. Francis “Kiko” Pangilinan: Okay. 05:45:09.220 --> 05:45:13.920 Sen. Francis “Kiko” Pangilinan: Can we give the witness time to go through the records? 05:45:14.980 --> 05:45:18.700 Sen. Francis "Chiz" G. Escudero: Do you know where to look for it, Mr. Mao? 05:45:22.440 --> 05:45:33.170 Marwin L. Galvez: Pertaining to... The inflows. I would have to refer to all the statement of accounts submitted to this honorable court, Your Honor. 05:45:33.680 --> 05:45:50.830 Sen. Francis "Chiz" G. Escudero: I think that's part of the request earlier of Senator Judge Kika, if I'm not mistaken. Yes. For the Clerk of Court to take a look at, summarize, furnish the Senator Judges. Let me amend that ruling. And furnish both parties as well for your reference and information. 05:45:50.830 --> 05:45:51.610 Sen. Francis “Kiko” Pangilinan: Thank you, 05:45:51.690 --> 05:45:58.030 Sen. Francis “Kiko” Pangilinan: Mr. Presiding Officer. So, in effect, you are not familiar with the data? 05:45:58.310 --> 05:45:58.770 Marwin L. Galvez: No. 05:45:59.140 --> 05:45:59.340 Sen. Francis “Kiko” Pangilinan: I 05:45:59.340 --> 05:46:00.760 Sen. Francis “Kiko” Pangilinan: hope 05:46:00.760 --> 05:46:26.820 Sen. Francis “Kiko” Pangilinan: you don't mind, it's a bit disappointing that you were sent by BPI and your answers are always, I will have to refer to the voluminous documents. I would have thought that you would have come here ready and prepared with those documents, but perhaps it's so voluminous, but then again, a simple question of 05:46:28.810 --> 05:46:36.270 Sen. Francis “Kiko” Pangilinan: What are the ending accounts of Cale88? What about GenCorp? Ang GenCorp ba merong peso account? 05:46:37.020 --> 05:46:38.240 Marwin L. Galvez: Wala po sa 05:46:38.240 --> 05:46:39.260 Marwin L. Galvez: mga sinabmit 05:46:39.260 --> 05:46:40.300 Marwin L. Galvez: po namin, Your Honor. 05:46:40.540 --> 05:46:47.520 Sen. Francis “Kiko” Pangilinan: Ah, so wala sa sinabmit ninyo. But that doesn't answer the question. Meron bang peso account ang GenCorp? Wala 05:46:47.520 --> 05:46:49.580 Marwin L. Galvez: po, Your Honor. Ah, wala po. 05:46:49.900 --> 05:46:56.530 Sen. Francis “Kiko” Pangilinan: Okay, so isang banko lang pala. Cale88, sana napag-aralan natin. Anyway, 05:46:58.840 --> 05:48:05.020 Sen. Francis “Kiko” Pangilinan: The information that we have is that pumasok yung 319 million. We want to know saan napunta ito. The information that we received from the AMLA yesterday was that 1.2 billion pesos worth of transactions went into Cale88 inflow. We want to know saan dito ang pumasok sa BPI. At ano ang mga transaction na ito? Kasi nga, lumabas na dun sa information ng AMLA, and because this is an impeachment trial, bank records of peso accounts in BPI of the respondent can be, are exempted from the bank secrecy law in terms of divulging the information. So, I don't know, Mr. Presiding Officer, If we will go through these documents as it is called by the Secretariat, can we again call this witness and ask him to explain? The court 05:48:05.020 --> 05:48:42.040 Sen. Francis "Chiz" G. Escudero: can recall the witness in the court's discretion after both sides shall have presented. However, again, for the meantime, the submissions of the bank to this impeachment court in response to the subpoena has been given provenance. Absent proof that they were obtained through fraud or palpable mistake, they would be able to withstand and stand. That is why the chair decided to furnish the parties with a copy so they will be afforded the time to contest or question it at the proper time. 05:48:42.240 --> 05:49:25.330 Sen. Francis “Kiko” Pangilinan: Yes, okay, thank you. We will submit to the ruling and the manifestation of the chair of the presiding officer that Well, kung wala naman tayong makikitang nais pa nating maitanong dun sa mga dokumento, hindi na siya kailangan tawagin ulit. But in the meantime, we'd like to review the CAL documents in terms of the transactions of the peso account of Cale88 in BPI. And if necessary, perhaps recall the witness. But we will cross the bridge when we get there. Balikan ko lang very quickly. Yung sinasabing 9539... Kasi 2011, 2012. Is it still active o wala na ito? 05:49:25.370 --> 05:49:26.530 Marwin L. Galvez: Active pa po, Your Honor. 05:49:26.730 --> 05:49:28.310 Sen. Francis “Kiko” Pangilinan: So it's active until today? 05:49:28.310 --> 05:49:28.750 Marwin L. Galvez: Yes po. 05:49:28.750 --> 05:49:29.230 Sen. Francis “Kiko” Pangilinan: 2023? 05:49:29.770 --> 05:49:30.610 Marwin L. Galvez: Yes po, Your Honor. 05:49:30.910 --> 05:49:31.410 Sen. Francis “Kiko” Pangilinan: Okay. 05:49:33.290 --> 05:49:38.670 Sen. Francis “Kiko” Pangilinan: Did you submit records also of the 2023 documents? 05:49:39.510 --> 05:49:51.270 Marwin L. Galvez: Yes po, Your Honor. Lahat po ng KYC transaction documents kasama po ang mga statement of accounts. Until December 31, 2025, Your Honor. 05:49:51.310 --> 05:50:08.410 Sen. Francis “Kiko” Pangilinan: Siguro one last question. Yung nailabas kasi kanina na hindi na nakapirma sa signature card si Vice President Duterte. Pagka ganun ba, what happens to the account? It's now just a... wala nang end? 05:50:08.850 --> 05:50:16.450 Marwin L. Galvez: The account name and the signing instructions remains the same, Your Honor. 05:50:18.130 --> 05:50:18.610 Marwin L. Galvez: It 05:50:18.610 --> 05:50:22.510 Marwin L. Galvez: will only change upon the consent of both depositors. 05:50:22.750 --> 05:50:24.730 Sen. Francis “Kiko” Pangilinan: Yes, but wala nga ang pirma. Paano yun? 05:50:25.430 --> 05:50:30.530 Marwin L. Galvez: Yung po pinakita kanina ni Atty. Mike po refers to an updated signature card, Your Honor. 05:50:30.730 --> 05:50:35.030 Sen. Francis “Kiko” Pangilinan: Kaya nga. So yung pirma ni Sara, Vice President Duterte, wala ron? 05:50:35.790 --> 05:50:41.750 Marwin L. Galvez: Wala po, Your Honor, but the updating of signature card does not change the type. 05:50:43.600 --> 05:50:56.240 Marwin L. Galvez: At least the signing authorities of the account holders. It would have to be explicitly stated in the request should they want to amend the name and the signing arrangements for that account, Your Honor. 05:50:56.460 --> 05:50:59.840 Sen. Francis “Kiko” Pangilinan: So ever since then, wala nang pirma si Vice President? 05:50:59.840 --> 05:51:01.680 Sen. Francis "Chiz" G. Escudero: Allow me, Senator 05:51:01.680 --> 05:51:47.110 Sen. Francis "Chiz" G. Escudero: Judge Kiko. In the interest of fairness, given that the court Through the Clerk of Court, looked into it earlier in relation to the transactions made mention of by Attorney Mike earlier. We confirm that based on the documents submitted by BPI that the signature of the Vice President does not appear in any transaction insofar as account ending 9539 is concerned. We confirm as well the statement made by Attorney James that the signature of the Vice President appears in the document that opened the account, also in the signature sheet or KYC for July 25, 05:51:49.170 --> 05:52:00.720 Sen. Francis "Chiz" G. Escudero: 2017, and also the KYC document the signature of the Vice President appears in the KYC document for June 13, 2023. 05:52:04.290 --> 05:52:11.190 Sen. Francis "Chiz" G. Escudero: Insofar as this is the confirmation of the signature, correct? As part of KYC, Mr. Mao? 05:52:11.190 --> 05:52:12.130 Marwin L. Galvez: Yes, Your Honor. 05:52:12.130 --> 05:52:24.630 Sen. Francis "Chiz" G. Escudero: So the signature only appears in 2010, not in 2015, in 2017, and in 2023. It is part of exhibits for the information of the parties. 05:52:27.200 --> 05:52:49.020 Sen. Francis "Chiz" G. Escudero: P-RN 2-8-2-3-1-3, as well as the inventory submitted by BPI as part of their submissions, which is Exhibit P-RN 2-8-2-1-1-8. Thank you, Mr. 05:52:49.180 --> 05:53:14.660 Sen. Francis “Kiko” Pangilinan: Presiding Officer, for that clarification. And just for the record, again, going through some of the documents that we have. That's why I want to know the Cale88 transactions because I'm told or we have seen documentation that about 132 million pesos were the inflows in 2024 and then 39 million pesos inflows in 2025. 05:53:16.620 --> 05:53:20.380 Sen. Francis “Kiko” Pangilinan: So we will go through the... We 05:53:20.380 --> 05:53:25.960 Sen. Francis "Chiz" G. Escudero: will submit the report to the Honorable Senator Judge as well as all the parties, all the Senator Judges and both parties. 05:53:26.120 --> 05:53:26.500 Sen. Francis "Chiz" G. Escudero: Senator 05:53:26.500 --> 05:53:31.780 Sen. Francis "Chiz" G. Escudero: Judge Robin is recognized. Padilla, you may proceed sir when you're ready. You have two minutes. 05:53:32.680 --> 05:53:41.480 Sen. Robinhood “Robin” Padilla: Maraming salamat po. Ginuong pangkalahatang hukom. Nais ko lamang pong tanungin yung ating saksi. 05:53:43.320 --> 05:53:44.840 Sen. Robinhood “Robin” Padilla: Bismillah. Magandang hapon po. 05:53:45.020 --> 05:53:46.200 Marwin L. Galvez: Magandang hapon po, Your Honor. 05:53:46.440 --> 05:53:47.320 Sen. Robinhood “Robin” Padilla: Maiksilang po ito. 05:53:47.740 --> 05:53:48.140 Sen. Robinhood “Robin” Padilla: Opo, 05:53:48.260 --> 05:54:14.300 Sen. Robinhood “Robin” Padilla: kasi po ako po'y laging gumagamit ng manager's check dahil wala naman po akong checking account sa aking mga bangko. Di ba po tama lang sabihin pagka sinabi mong manager's check, nire-represent dito yung bangko? Tama po, di ba po? Ibig sabihin yung credibility ninyo, yung bangko, yung inyong karangalan. Tama po ba? 05:54:14.610 --> 05:54:15.010 Marwin L. Galvez: Tama po. 05:54:15.090 --> 05:54:20.590 Sen. Robinhood “Robin” Padilla: Hindi po kayong naglalabas yan pag alamin niyo siyempre na mayroong kalukuhan. 05:54:21.130 --> 05:54:21.650 Marwin L. Galvez: Tama 05:54:21.650 --> 05:54:21.890 Marwin L. Galvez: po. 05:54:22.390 --> 05:54:22.910 Marwin L. Galvez: Basta 05:54:22.910 --> 05:54:35.450 Marwin L. Galvez: properly authorized po ang mga instructions to purchase a manager's check and at the same time po, equally important, properly funded po, nag-i-issue po kami ng manager's check. 05:54:35.610 --> 05:54:41.010 Sen. Robinhood “Robin” Padilla: Opo. Di ba po, kasi sanay ako dyan eh, ilalagay mo eh kung saan mo dadalhin yung pera. Di ba po? 05:54:41.450 --> 05:54:42.390 Marwin L. Galvez: Opo, tama po. 05:54:42.390 --> 05:54:42.730 Sen. Robinhood “Robin” Padilla: Hindi 05:54:42.730 --> 05:54:46.210 Sen. Robinhood “Robin” Padilla: naman nyo ilalabas yun kung wala yun dun eh, di ba po? Tama 05:54:46.210 --> 05:54:46.550 Sen. Robinhood “Robin” Padilla: po ba 05:54:46.550 --> 05:54:46.710 Sen. Robinhood “Robin” Padilla: ako? 05:54:46.870 --> 05:54:47.530 Marwin L. Galvez: Yes po, your honor. 05:54:47.710 --> 05:55:00.510 Sen. Robinhood “Robin” Padilla: So, kanina po po kasi nababanggit yung pangalan ng dating Pangulong Rodrigo Roa Duterte. Hindi ko alam bakit kailangan idamay pa dito yung matanda. Masasabi po niyan may ginawa bang kalukuhan yung matanda? 05:55:01.330 --> 05:55:03.790 Marwin L. Galvez: Not in the documents that we submitted po, your honor. 05:55:03.830 --> 05:55:04.970 Sen. Robinhood “Robin” Padilla: Wala po, maraming salamat po. 05:55:05.510 --> 05:55:18.910 Sen. Francis "Chiz" G. Escudero: Thank you, Senator Judge Robin. Mr. Mao, salamat po sa inyong panahon at pasensya sa pagsagot sa mga katanungan na magrabe lang panig ay hindi ng mga senator judges. Thank you for your testimony this afternoon. 05:55:18.910 --> 05:55:20.610 Marwin L. Galvez: Maraming salamat po, Your Honor. 05:55:21.030 --> 05:55:21.690 Sen. Francis "Chiz" G. Escudero: Thank you, 05:55:21.730 --> 05:55:37.810 Sen. Francis "Chiz" G. Escudero: sir. Chair now instructs the clerk of court through the sergeant at arms. To kindly situate the next witness, to confirm, Mr. Julius Parian of PNB. Correct, Atty. James? 05:55:38.190 --> 05:55:39.730 Atty. James Bryan Ibrahim A. Alih: Yes, that's correct, Your Honor. 05:55:40.130 --> 05:55:41.690 Sen. Francis "Chiz" G. Escudero: Kindly situate Mr. Parian. 05:55:44.240 --> 05:55:51.720 Atty. Michael Wesley Poa: Your Honor, respectfully, may I just turn it over to Atty. Carlo Joaquin Narvasa, Your Honor, for the next witness. 05:55:52.770 --> 05:55:54.470 Sen. Francis "Chiz" G. Escudero: So we go back to Atty. CJ. 05:55:55.550 --> 05:55:57.090 Atty. Michael Wesley Poa: Thank you for that, Your Honor. Thank you. 05:56:02.230 --> 05:56:03.330 Atty. Carlo Joaquin T. Narvasa: Good afternoon, Your Honor. 05:56:03.410 --> 05:56:06.610 Sen. Francis "Chiz" G. Escudero: Good afternoon, Atty. CJ. Where is our witness? 05:56:11.050 --> 05:56:11.570 Rep. Terry L. Ridon: Your 05:56:11.570 --> 05:56:11.930 Rep. Terry L. Ridon: Honor, please. 05:56:12.410 --> 05:56:15.150 Sen. Francis "Chiz" G. Escudero: Yes, the Honorable Ridon is recognized. 05:56:15.730 --> 05:56:20.830 Rep. Terry L. Ridon: Bago po isalang yung susunod pong testigo, yung pong BIR witness po natin, 05:56:20.830 --> 05:56:26.890 Rep. Terry L. Ridon: pinakikiusap po namin na bukas na lang po siya isalang. We anticipate that 05:56:26.890 --> 05:56:37.350 Rep. Terry L. Ridon: he will not be placed into the witness stand anyway today if we are to finish all of the banks and all of the insurance companies. Your Honor. 05:56:49.170 --> 05:57:15.530 Sen. Francis "Chiz" G. Escudero: We will be winding up anyway as based on the advisory at 6.30 or thereabouts. Let's see how far we can go. Because I believe mahaba lang naman talaga yung BPI, perhaps BDO, maybe? But I doubt if it will take long with respect to the insurance companies. But let's see. The clerk of court is directed to administer the oath to help the witness. 05:57:16.170 --> 05:57:17.650 Atty. Renato N. Bantug Jr.: Sir, can you raise your right hand, please? 05:57:19.230 --> 05:57:31.430 Atty. Renato N. Bantug Jr.: You, Julius Parian, do swear that the evidence that you shall give in the case now pending between the Philippines and Vice President Sara Zimmerman Duterte shall be the truth, the whole truth, and nothing but the truth. So help you God. 05:57:32.450 --> 05:57:32.810 Julius Palma Parian: Yes, 05:57:32.830 --> 05:57:32.970 Julius Palma Parian: Your 05:57:32.970 --> 05:57:33.170 Julius Palma Parian: Honor. 05:57:33.770 --> 05:57:37.470 Sen. Francis "Chiz" G. Escudero: You want to be referred to as Julius or you have another shorter name? 05:57:37.470 --> 05:57:38.430 Julius Palma Parian: Julius, Your Honor. 05:57:38.430 --> 05:57:38.750 Sen. Francis "Chiz" G. Escudero: Julius. 05:57:40.650 --> 05:57:46.650 Sen. Francis "Chiz" G. Escudero: Ginong Julius, naunawaan niyo po ang inyong pinanumpaan. Kaugnayan ang pagbibigay niyo ng inyong testimonya sa hapong ito sa harap ng kumangitap. 05:57:46.990 --> 05:57:47.390 Julius Palma Parian: Yes, 05:57:47.390 --> 05:57:48.130 Julius Palma Parian: Your Honor. 05:57:48.130 --> 05:57:53.650 Sen. Francis "Chiz" G. Escudero: Thank you very much. Atty. James, same offer plus any other offer? 05:57:53.890 --> 05:57:55.770 Atty. James Bryan Ibrahim A. Alih: No, Your Honor. Just the same offer. Same 05:57:55.770 --> 05:57:55.950 Atty. James Bryan Ibrahim A. Alih: offer. 05:57:56.740 --> 05:57:58.000 Atty. Carlo Joaquin T. Narvasa: Same objections, Your Honor. 05:57:58.080 --> 05:58:01.920 Sen. Francis "Chiz" G. Escudero: Same objections, Atty. CJ. You may proceed with your direct examination, Atty. James. 05:58:02.080 --> 05:58:04.830 Atty. James Bryan Ibrahim A. Alih: Thank you, Your Honors. Good afternoon, sir. 05:58:04.950 --> 05:58:05.410 Julius Palma Parian: Good 05:58:05.410 --> 05:58:05.690 Julius Palma Parian: afternoon. 05:58:10.790 --> 05:58:11.910 Atty. James Bryan Ibrahim A. Alih: Sir Julius. 05:58:12.510 --> 05:58:13.230 Julius Palma Parian: Yes po. 05:58:13.330 --> 05:58:23.630 Atty. James Bryan Ibrahim A. Alih: Good afternoon, sir. Sir, for the record, can you kindly provide us your full name, yung designation niyo po ngayon, at yung anong bangko po ang nirepresent niyo? Thank you. 05:58:23.970 --> 05:58:31.910 Julius Palma Parian: Your honors, I'm Julius Palma Parian, branch manager for almost nine years with Philippine National Bank. 05:58:34.560 --> 05:58:37.440 Atty. James Bryan Ibrahim A. Alih: You're the branch manager of which branch po? 05:58:37.440 --> 05:58:40.140 Julius Palma Parian: That's PNB Davao, San Pedro, CM Recto Branch. 05:58:40.140 --> 05:58:42.000 Atty. James Bryan Ibrahim A. Alih: Ah, taga Davao? From Davao? 05:58:42.000 --> 05:58:42.760 Julius Palma Parian: Yes. Yes, sir. 05:58:42.900 --> 05:58:43.260 Atty. James Bryan Ibrahim A. Alih: Okay. 05:58:43.500 --> 05:58:45.080 Atty. James Bryan Ibrahim A. Alih: Sabot niyo ang bisaya, sir? 05:58:45.080 --> 05:58:45.860 Julius Palma Parian: Yes, sir. 05:58:45.860 --> 05:58:46.380 Atty. James Bryan Ibrahim A. Alih: Okay. 05:58:48.630 --> 05:59:05.690 Atty. James Bryan Ibrahim A. Alih: Sir, based on your records, how many bank accounts does the vice president have? Or does the, how many bank accounts are in the name of the vice president and or? Atorne Manases 05:59:14.810 --> 05:59:44.570 Atty. James Bryan Ibrahim A. Alih: -Scarpio 05:59:44.570 --> 05:59:46.050 Julius Palma Parian: Our savings account. 05:59:46.350 --> 05:59:46.970 Atty. James Bryan Ibrahim A. Alih: Okay. 05:59:49.840 --> 05:59:58.910 Atty. James Bryan Ibrahim A. Alih: Mr. Witness, Sir Julius, can you confirm if the bank account with last digit is 8912? 06:00:05.160 --> 06:00:05.620 Julius Palma Parian: Yes, Your Honors. 06:00:05.920 --> 06:00:18.640 Atty. James Bryan Ibrahim A. Alih: And can you also confirm if in your records you can find the bank account with last digits 3504 under the name of Manases Carpio? 06:00:19.820 --> 06:00:21.100 Julius Palma Parian: Yes, Your Honor. Yes. 06:00:22.320 --> 06:00:34.580 Atty. James Bryan Ibrahim A. Alih: Third, can you also confirm that a bank account exists in your records with last digit, last digits 3481, also under the name of Atty. Manases Carpio? 06:00:35.060 --> 06:00:36.000 Julius Palma Parian: Yes, Your Honor. 06:00:36.240 --> 06:00:46.600 Atty. James Bryan Ibrahim A. Alih: And lastly, can you confirm the existence of a bank account with last digits 3492 in the name of Atty. Manases Carpio? 06:00:46.900 --> 06:00:47.800 Julius Palma Parian: Yes, Your Honor. 06:00:47.980 --> 06:01:21.740 Atty. James Bryan Ibrahim A. Alih: Thank you, sir. The reason why I asked those four accounts is that my questioning today will revolve around those four accounts. And more particularly, I would like to know the ending balances of this bank account. So I hope you can help us with that, sir. Let's start with the bank account of Atty. Carpio with last digits 8912. Can you check your records please and inform the Honorable Court what is the ending balance of this account for the year 2022? 06:01:23.310 --> 06:01:31.270 Julius Palma Parian: Your Honors, for the year 2021, the ending balance is at 8,268,965 06:01:31.270 --> 06:01:32.610 Julius Palma Parian: .58. 06:01:32.610 --> 06:01:34.570 Atty. James Bryan Ibrahim A. Alih: Sorry, that's for 2021? 06:01:35.370 --> 06:01:35.630 Julius Palma Parian: Yes. 06:01:35.850 --> 06:01:37.030 Atty. James Bryan Ibrahim A. Alih: No, no, for 2022. 06:01:37.030 --> 06:01:37.710 Julius Palma Parian: For 06:01:37.710 --> 06:01:43.690 Julius Palma Parian: 2022, that's 19,880,426.03. 06:01:44.070 --> 06:01:58.760 Atty. James Bryan Ibrahim A. Alih: 19,880,426. Okay. For the second account with last digits 3504, what is the year-end balance For the year 2022? 06:01:59.640 --> 06:02:07.000 Julius Palma Parian: For the year 2022, that's around 114,067 pesos and 66 centavos. 06:02:07.160 --> 06:02:16.620 Atty. James Bryan Ibrahim A. Alih: Alright. For the bank account ending in 3481, what is the year-end balance for 2022? 06:02:18.570 --> 06:02:26.970 Julius Palma Parian: For 2022, the amount is 114,067 pesos and 66 cents. 06:02:27.490 --> 06:02:37.270 Atty. James Bryan Ibrahim A. Alih: Alright. And lastly for account number 3492. Last digits, 3492. What is the ending balance for 2022? 06:02:39.500 --> 06:02:40.100 Julius Palma Parian: Ending 06:02:40.100 --> 06:02:45.920 Julius Palma Parian: balance for 2022 is 114,067 pesos and 66 cents. 06:02:46.140 --> 06:03:03.050 Atty. James Bryan Ibrahim A. Alih: Alright. I hope you would forgive me Mr. Witness if I'm going by year and not by account. So let's go back to the first bank account with last digits. 8,912. In 2023, what is the ending balance of this account? 06:03:03.700 --> 06:03:12.220 Julius Palma Parian: In 2023, ending balance is around 21,1579.79. 06:03:14.310 --> 06:03:21.890 Atty. James Bryan Ibrahim A. Alih: How about for the bank account with last digits 3504? What is the ending balance for 2023? 06:03:23.620 --> 06:03:27.580 Julius Palma Parian: It's for 2023, that's 197,000. 06:03:31.980 --> 06:03:40.340 Atty. James Bryan Ibrahim A. Alih: How about for the third? With last digits, 3481 What is the ending balance for 2023? 06:03:47.300 --> 06:03:53.340 Atty. James Bryan Ibrahim A. Alih: How about for the fourth one? Last digit is 3,492. What is the ending balance for 2023? 06:03:55.240 --> 06:03:59.560 Julius Palma Parian: That's 197,180.53 Euro. 06:03:59.680 --> 06:04:10.390 Atty. James Bryan Ibrahim A. Alih: With last digit 8912, what is the ending balance of this account in 2024? 06:04:12.370 --> 06:04:24.430 Julius Palma Parian: For account with last digit 8912, ending balance for 2024 is 1,420,883.82. 06:04:24.790 --> 06:04:33.430 Atty. James Bryan Ibrahim A. Alih: Thank you, sir. Doon naman po sa second, last digit 3504, what is the ending balance for 2024? 06:04:34.550 --> 06:04:42.170 Julius Palma Parian: Ending balance for 2024 is around 635,539.25. 06:04:44.100 --> 06:04:51.740 Atty. James Bryan Ibrahim A. Alih: For the third one, last digit 3481, what is the ending balance for the year 2024? 06:04:52.660 --> 06:04:59.640 Julius Palma Parian: Ending balance... Your Honor, is around 635,539.25. 06:05:00.420 --> 06:05:09.080 Atty. James Bryan Ibrahim A. Alih: And another year for 2024, last digits 3492. What is the ending balance for that year, 2024? 06:05:10.220 --> 06:05:16.200 Julius Palma Parian: Ending balance, Your Honor, is around 635,539.25. 06:05:16.740 --> 06:05:19.900 Atty. James Bryan Ibrahim A. Alih: Alright. I'm on to the last year, Sir Julius. 06:05:21.860 --> 06:05:28.220 Atty. James Bryan Ibrahim A. Alih: Last digits 8, 9, 1, 2. What is the ending balance for the year 2025? 06:05:29.120 --> 06:05:39.920 Julius Palma Parian: For the year 2025, ending balance is at around 1,871,934.81 pesos. 06:05:40.000 --> 06:05:47.880 Atty. James Bryan Ibrahim A. Alih: For the second account, last digits 3, 5, 0, 4. What is the ending balance for 2025? 06:05:49.090 --> 06:05:56.280 Julius Palma Parian: The ending balance is around 1,026,203.67. 06:05:56.840 --> 06:06:04.160 Atty. James Bryan Ibrahim A. Alih: For the third one, sir, last digits 3481, what is the ending balance for the year 2025? 06:06:05.670 --> 06:06:13.050 Julius Palma Parian: The ending balance for the year 2025 is 1,026,203.67. And 06:06:13.050 --> 06:06:22.680 Atty. James Bryan Ibrahim A. Alih: lastly, sir, for the last digits bank account with last digits 3492, What is the ending balance for the year 2025? 06:06:24.580 --> 06:06:25.180 Julius Palma Parian: The 06:06:25.180 --> 06:06:31.120 Julius Palma Parian: ending balance is 1,036,210.37. 06:06:31.520 --> 06:06:44.200 Atty. James Bryan Ibrahim A. Alih: Alright, so I'm done with the ending balance. I would just like to ask perhaps two more questions on certain transactions, sir, which is contained in the records that you've submitted. I refer you to Exhibit P 06:06:46.000 --> 06:06:49.900 Atty. James Bryan Ibrahim A. Alih: -Roman numeral 2-8. 06:06:57.030 --> 06:07:22.350 Atty. James Bryan Ibrahim A. Alih: It appears to be a statement of accounts for bank account number 8912 under the name of Atty. Manases Carpio. I would just like to ask you to look at the transaction dated, transactions dated 06:07:25.320 --> 06:07:31.560 Atty. James Bryan Ibrahim A. Alih: August. August 6, 2024. There 06:07:33.420 --> 06:07:41.300 Atty. James Bryan Ibrahim A. Alih: are four transactions in August 6, 2024. For the Honorable Court's perusal, what is this transaction, sir? 06:07:43.500 --> 06:07:46.380 Julius Palma Parian: The transaction is a withdrawal transaction. 06:07:46.380 --> 06:07:52.360 Atty. James Bryan Ibrahim A. Alih: How many transactions are these on August 6, 2024? 06:07:52.360 --> 06:07:54.020 Julius Palma Parian: There are four transactions. 06:07:54.020 --> 06:08:05.850 Atty. James Bryan Ibrahim A. Alih: So there are four withdrawal transactions. Can you kindly inform us What are the amounts for the first, second, third, and fourth transactions all in one day? 06:08:06.490 --> 06:08:15.480 Julius Palma Parian: The amounts are as follows. It's 5 million, 3 million, 5 million, and another 5 million. 06:08:15.660 --> 06:08:25.690 Atty. James Bryan Ibrahim A. Alih: In total, Mr. Witness, if you know, how much was withdrawn in that date, August 6, 2024? 06:08:25.690 --> 06:08:28.170 Julius Palma Parian: In total, it's around... 18 million. 06:08:28.170 --> 06:08:30.110 Atty. James Bryan Ibrahim A. Alih: 18 million in just that date? 06:08:30.290 --> 06:08:30.710 Julius Palma Parian: Yes. 06:08:30.950 --> 06:08:32.390 Atty. James Bryan Ibrahim A. Alih: And what date is that? 06:08:32.390 --> 06:08:33.150 Julius Palma Parian: August 6, 06:08:33.410 --> 06:08:33.830 Julius Palma Parian: 2024. 06:08:34.410 --> 06:08:34.890 Atty. James Bryan Ibrahim A. Alih: Alright. 06:08:40.040 --> 06:08:43.140 Atty. James Bryan Ibrahim A. Alih: That would be all for this witness, Your Honor. Thank you. 06:08:43.140 --> 06:08:44.280 Sen. Francis "Chiz" G. Escudero: Atty. CJ Cross. 06:08:45.380 --> 06:08:46.880 Atty. Carlo Joaquin T. Narvasa: Just a few, Your Honor. 06:08:46.880 --> 06:08:47.780 Sen. Francis "Chiz" G. Escudero: You may proceed. 06:08:47.780 --> 06:08:48.980 Atty. Carlo Joaquin T. Narvasa: Good afternoon, sir. 06:08:48.980 --> 06:08:49.820 Julius Palma Parian: Good afternoon, sir. 06:08:49.820 --> 06:08:53.940 Atty. Carlo Joaquin T. Narvasa: Sir, the Vice President does not have any account with your bank, correct? 06:08:53.940 --> 06:08:54.480 Julius Palma Parian: Yes, sir. 06:08:54.480 --> 06:08:59.580 Atty. Carlo Joaquin T. Narvasa: All the accounts talked about and the transactions talked about are only of Atty. Carpio? 06:08:59.580 --> 06:09:00.240 Julius Palma Parian: Yes, sir. 06:09:02.360 --> 06:09:07.170 Atty. Carlo Joaquin T. Narvasa: The bank accounts of Atty. Carpio are individual bank accounts, correct? 06:09:07.490 --> 06:09:08.010 Julius Palma Parian: Yes, sir. 06:09:08.150 --> 06:09:09.110 Atty. Carlo Joaquin T. Narvasa: No further questions here. 06:09:14.230 --> 06:09:15.450 Atty. James Bryan Ibrahim A. Alih: Nori, Director-Owner. 06:09:21.020 --> 06:09:30.480 Sen. Francis "Chiz" G. Escudero: Atty. Riza, you have an interjection? Please proceed. Rather, Senator Judge Riza. 06:09:36.370 --> 06:09:43.560 Sen. Risa Hontiveros: Salamat po, Mr. Presiding Officer. I wish lang po. Mayon hapon, Mr. Parian. 06:09:43.880 --> 06:09:44.440 Sen. Risa Hontiveros: Good 06:09:44.760 --> 06:09:44.980 Sen. Risa Hontiveros: afternoon. 06:09:48.330 --> 06:10:25.710 Sen. Risa Hontiveros: Sa 2022 SALN ni VP Duterte, wala po silang dineklarang cash on hand or cash in bank. Yung halaga naman po ng other personal properties dun sa SALN nilang yun na dineclare niya para sa kanilang mag-asawa ay 13,325,000 pesos. Magkano naman po yung ending balance pag tinotal ninyo? O magkano yung halaga nung kanilang assets, mga accounts sa bangko ninyo noong 2022? 06:10:29.200 --> 06:10:32.380 Julius Palma Parian: It's for Manases Carpio alone. 06:10:32.920 --> 06:10:36.140 Sen. Risa Hontiveros: May accounts po ba doon, si VP Duterte? 06:10:36.140 --> 06:10:36.400 Julius Palma Parian: No. 06:10:36.400 --> 06:10:41.500 Sen. Risa Hontiveros: Pero yung kay Atty. Carpio na supposedly kasama doon sa SALN. 06:10:41.910 --> 06:10:45.150 Julius Palma Parian: For 2022, as mentioned, your honors? 06:10:46.840 --> 06:10:47.320 Julius Palma Parian: Would 06:10:52.210 --> 06:10:53.890 Julius Palma Parian: you give me some time to compute? 06:10:54.690 --> 06:10:56.010 Sen. Risa Hontiveros: Yes, Mr. President. 06:10:56.510 --> 06:10:57.730 Sen. Francis "Chiz" G. Escudero: Isn't there only one account? 06:10:58.820 --> 06:10:59.560 Sen. Francis "Chiz" G. Escudero: The other 06:10:59.560 --> 06:11:00.620 Sen. Francis "Chiz" G. Escudero: are ITFs. 06:11:00.620 --> 06:11:01.100 Julius Palma Parian: Yes. 06:11:01.560 --> 06:11:06.440 Sen. Francis "Chiz" G. Escudero: No, she was referring to the account of including the ITFs. 06:11:06.660 --> 06:11:08.080 Sen. Risa Hontiveros: Yes, Mr. President. I 06:11:08.080 --> 06:11:10.620 Sen. Risa Hontiveros: think the total was flashed earlier. Could 06:11:10.620 --> 06:11:12.840 Sen. Risa Hontiveros: we see that again, po, Mr. President? 06:11:12.840 --> 06:11:13.100 Sen. Francis "Chiz" G. Escudero: Can you 06:11:13.100 --> 06:11:13.460 Sen. Francis "Chiz" G. Escudero: flash 06:11:13.460 --> 06:11:13.580 Sen. Francis "Chiz" G. Escudero: the 06:11:13.580 --> 06:11:13.940 Sen. Francis "Chiz" G. Escudero: total 06:11:13.940 --> 06:11:14.160 Sen. Francis "Chiz" G. Escudero: for 06:11:14.160 --> 06:11:16.540 Sen. Francis "Chiz" G. Escudero: 2022, Counsel? Tony James. 06:11:16.540 --> 06:11:19.650 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. We're working on it. 06:11:19.650 --> 06:11:22.760 Sen. Francis "Chiz" G. Escudero: The total was flashed earlier. by the counsel. 06:11:32.120 --> 06:11:33.740 Atty. James Bryan Ibrahim A. Alih: They're working on it, your honor. Apologies. 06:11:34.990 --> 06:11:36.390 Sen. Francis "Chiz" G. Escudero: You may 06:11:36.390 --> 06:11:37.750 Sen. Francis "Chiz" G. Escudero: proceed with another point if you wish. 06:11:38.230 --> 06:11:43.590 Sen. Risa Hontiveros: I need that slide again, Mr. President. Ito na po yata, Mr. Presiding Officer. 06:11:43.710 --> 06:11:44.330 Sen. Francis "Chiz" G. Escudero: Okay, there you go. 06:11:44.390 --> 06:11:53.190 Sen. Risa Hontiveros: So, 20,222,629.01. 06:11:55.530 --> 06:12:59.850 Sen. Risa Hontiveros: Pag binangga ko rin po dun sa Other personal properties sa SALN para sa taong iyon, 2022, 13,325,000 peso. So, Mr. Presiding Officer, sa isang bangko pa lang, PNB, mas malaki na by about 50% sa declared na SALN para sa taong iyon. 20 million dito sa isang bangko as compared sa 13 million sa SALN. Other personal properties. Pangalawang tanong po, Mr. Barriano. Sa 2023, SALN naman po ni VP Duterte, yung halaga nung kanilang other personal properties din na dineclare nila ay 14,725,000 pesos. So kung maaaring makita ulit, Mr. Presiding Officer, yung slide nung ending balance total halaga nung mga accounts nila sa bankong ito noong 2023 din. 06:13:00.410 --> 06:13:01.650 Atty. James Bryan Ibrahim A. Alih: We'll comply, Your Honor. 06:13:01.850 --> 06:13:03.570 Sen. Risa Hontiveros: Salamat po, Mr. Presiding Officer. 06:13:14.020 --> 06:13:16.000 Sen. Risa Hontiveros: Salamat po. So, 21 million. 06:13:18.740 --> 06:14:00.320 Sen. Risa Hontiveros: 593,121 pesos and 38 centavos. So, mas malaki rin po itong suma ng mga accounts sa pangalan ni Atty. Carpio at kahit yung mga ITF nila para sa mga minor children. Again, by about 50% kasi 14 million plus ang nakalagay Para sa other personal property sa SALN ni VP Duterte sa taong 2023, samantalang yung halaga ng lahat ng accounts ay 21 million pesos plus, Mr. Presiding Officer. 06:14:02.280 --> 06:14:07.980 Sen. Risa Hontiveros: Magandang salamat, Mr. Parian. That's all from me for now, Mr. Presiding Officer. Thank you, 06:14:08.020 --> 06:14:09.600 Sen. Francis "Chiz" G. Escudero: Senator Judge Riza. 06:14:11.150 --> 06:14:22.010 Sen. Francis "Chiz" G. Escudero: Mr. Julius, maraming salamat po sa inyong panahon, pagsagot sa mga katanungan at pasensya na kung naghihintay ka na medyo matagal. Thank you for testifying before this court this afternoon. You were excused, sir. 06:14:22.430 --> 06:14:23.030 Julius Palma Parian: Thank you, Your Honor. 06:14:24.720 --> 06:14:29.580 Sen. Francis "Chiz" G. Escudero: Kindly call and situate the next witness, Mr. Mario Cirillo M. De Mesa, Jr. 06:14:30.280 --> 06:14:31.540 Atty. James Bryan Ibrahim A. Alih: We confirm that, Your Honor. 06:14:31.640 --> 06:14:32.120 Sen. Francis "Chiz" G. Escudero: Off video. 06:14:33.590 --> 06:14:36.670 Atty. Carlo Joaquin T. Narvasa: Your Honor may request that attorney Batungbacal be 06:14:36.670 --> 06:14:36.970 Atty. Carlo Joaquin T. Narvasa: recognized. 06:14:38.970 --> 06:14:41.100 Atty. Carlo Joaquin T. Narvasa: Thank you, Your Honor. 06:14:41.100 --> 06:14:43.230 Sen. Francis "Chiz" G. Escudero: So it's attorney Rob again. Would that be correct? 06:14:43.710 --> 06:14:45.010 Atty. Roberto N. Batungbacal: Yes, good afternoon, your honor. 06:14:57.600 --> 06:15:00.080 Sen. Francis "Chiz" G. Escudero: Mr. Mario Cirillo de Mesa, Jr. 06:15:07.340 --> 06:15:09.460 Sen. Francis "Chiz" G. Escudero: Clerk is directed to administer the oath. 06:15:10.400 --> 06:15:25.810 Atty. Renato N. Bantug Jr.: Please raise your right hand. You, Mario Cerilo De Mesa, Jr., do swear that the evidence you shall give in the case now pending between the Philippines and Vice President Cyrus Zimmerman Duterte shall be the truth, the whole truth, and nothing but the truth. So help you God. 06:15:26.070 --> 06:15:26.790 Mario Cerilo M. De Mesa Jr.: I do, sir. 06:15:28.220 --> 06:15:31.480 Sen. Francis "Chiz" G. Escudero: Kindly give your answer through the mic, Mr. De Mesa. 06:15:33.170 --> 06:15:33.930 Mario Cerilo M. De Mesa Jr.: Yes, Your Honor. 06:15:34.350 --> 06:15:35.110 Sen. Francis "Chiz" G. Escudero: Kindly sit down. 06:15:36.030 --> 06:15:40.310 Sen. Francis "Chiz" G. Escudero: Paano ko po kayo tatawagin sa mas maikling pangalan? Junior? 06:15:40.310 --> 06:15:40.970 Mario Cerilo M. De Mesa Jr.: June na lang 06:15:40.970 --> 06:15:41.430 Mario Cerilo M. De Mesa Jr.: po, sir. 06:15:41.810 --> 06:15:42.010 Sen. Francis "Chiz" G. Escudero: Ano 06:15:42.010 --> 06:15:42.150 Sen. Francis "Chiz" G. Escudero: po? 06:15:42.490 --> 06:15:43.070 Mario Cerilo M. De Mesa Jr.: Palayo ko 06:15:43.070 --> 06:15:43.970 Mario Cerilo M. De Mesa Jr.: po, June. 06:15:43.970 --> 06:15:44.970 Sen. Francis "Chiz" G. Escudero: June. Mr. 06:15:45.530 --> 06:15:50.170 Sen. Francis "Chiz" G. Escudero: June, naunawaan niyo po ba yun yung pinanumpaan? Kawag na yun ang pagbibigay niyo ng testimonya ngayong hapag ito? 06:15:50.170 --> 06:15:51.370 Mario Cerilo M. De Mesa Jr.: Yes, Your Honor. 06:15:51.370 --> 06:15:53.610 Sen. Francis "Chiz" G. Escudero: Okay. Attorney James, your offer, same? 06:15:54.030 --> 06:16:00.040 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. We will adopt the same offer for our Last witness for the banks, your honor. 06:16:00.040 --> 06:16:02.320 Sen. Francis "Chiz" G. Escudero: Attorney Rob, same objection and same comments? 06:16:02.560 --> 06:16:04.200 Atty. Roberto N. Batungbacal: Same comments and same objections. 06:16:04.580 --> 06:16:10.300 Sen. Francis "Chiz" G. Escudero: Duly noted in relation to the offer and comments thereto by the parties. You may proceed with your direct examination. Attorney James? 06:16:10.540 --> 06:16:22.220 Atty. James Bryan Ibrahim A. Alih: Thank you, your honor. Good afternoon, sir. Sir Jun. Sir, for the record, can you kindly provide us your full name, your designation, and the division that you're representing? 06:16:22.780 --> 06:16:33.820 Mario Cerilo M. De Mesa Jr.: I am Mario Cerilo M. De Mesa, Jr. I am a Senior Assistant Vice President of BDO Branch Banking Group under the Branch Regulatory Support. 06:16:35.020 --> 06:16:44.320 Atty. James Bryan Ibrahim A. Alih: Okay. And as Senior AVP of the Branch Banking Group, briefly, what are your primary functions and responsibilities? 06:16:45.260 --> 06:17:01.570 Mario Cerilo M. De Mesa Jr.: One of my primary functions is to assist branches, supervise them in relation to documents or subpoenas, issued by regulatory bodies, institutions, or government agencies. 06:17:02.330 --> 06:17:07.950 Atty. James Bryan Ibrahim A. Alih: Alright. And how long have you been a part of BDO, sir? 06:17:08.390 --> 06:17:10.790 Mario Cerilo M. De Mesa Jr.: I've been with the bank for 35 years. 06:17:10.890 --> 06:17:14.850 Atty. James Bryan Ibrahim A. Alih: 35 years. Congratulations, sir. I hope you're not retiring anytime soon. 06:17:15.210 --> 06:17:15.930 Atty. James Bryan Ibrahim A. Alih: Not yet. 06:17:15.930 --> 06:17:16.650 Mario Cerilo M. De Mesa Jr.: Sana po. 06:17:18.630 --> 06:17:48.890 Atty. James Bryan Ibrahim A. Alih: Sir, today I... These are very limited questions. I'm just going to ask about year-end balances of bank accounts. But before I do that, can you provide us what are the bank accounts in BDO that are under the name of Manases R. Carpio, Sara Zimmerman Duterte, or Manases R. Carpio, and 888 Bistro? 06:17:52.010 --> 06:17:54.390 Mario Cerilo M. De Mesa Jr.: With your permission, can I rely on my notes? 06:17:54.390 --> 06:17:55.350 Sen. Francis "Chiz" G. Escudero: You may refer to your notes, sir. 06:17:55.450 --> 06:17:56.190 Atty. James Bryan Ibrahim A. Alih: Definitely, sir. 06:17:56.190 --> 06:17:57.470 Mario Cerilo M. De Mesa Jr.: Thank you, sir. Sir, 06:18:17.800 --> 06:18:19.080 Mario Cerilo M. De Mesa Jr.: can I will enumerate 06:18:19.080 --> 06:18:20.100 Mario Cerilo M. De Mesa Jr.: per account? 06:18:20.100 --> 06:18:27.640 Atty. James Bryan Ibrahim A. Alih: Yes, sir. No, how many accounts, active accounts, do you have under those individuals that I mentioned? 06:18:28.340 --> 06:18:32.180 Mario Cerilo M. De Mesa Jr.: I will, can I enumerate one by one? 06:18:32.180 --> 06:18:33.200 Atty. James Bryan Ibrahim A. Alih: Of course, sir. Definitely. 06:18:33.800 --> 06:18:34.280 Mario Cerilo M. De Mesa Jr.: For 06:18:34.280 --> 06:18:39.790 Mario Cerilo M. De Mesa Jr.: Manases R. Carpio, we have Three current and savings accounts. 06:18:39.790 --> 06:18:40.990 Atty. James Bryan Ibrahim A. Alih: What was that again, sir? Sorry. 06:18:40.990 --> 06:19:06.710 Mario Cerilo M. De Mesa Jr.: For Manases R. Carpio, under the name Manases R. Carpio, we have three active checking and savings accounts. We have time deposits, we have three closed. We have bonds, one active. We have an IMA account, closed. And we have a UITF account, closed. And a credit card, too. 06:19:08.910 --> 06:19:24.210 Mario Cerilo M. De Mesa Jr.: For Zara J. Duterte, we have a current and savings account, two. One is active and one is closed. And we have one IMA, which is active, and two credit cards. 06:19:24.680 --> 06:19:26.280 Atty. James Bryan Ibrahim A. Alih: Alright. Thank you, sir. 06:19:26.780 --> 06:19:27.620 Atty. James Bryan Ibrahim A. Alih: Sir, can you... 06:19:28.020 --> 06:19:29.420 Atty. James Bryan Ibrahim A. Alih: Sorry. Go ahead, sir. 06:19:29.740 --> 06:19:51.460 Mario Cerilo M. De Mesa Jr.: Sir, for joint account Zara J. Duterte, or Manases R. Carpio. We have three CASA checking and savings accounts active and one Sara J. Duterte Bidanor account which I cannot disclose, Your Honor. Which is already closed. 06:19:51.460 --> 06:19:52.340 Atty. James Bryan Ibrahim A. Alih: Alright, sir. 06:19:52.340 --> 06:20:00.470 Mario Cerilo M. De Mesa Jr.: And for 888 Bistro, we have two checking accounts, Your Honor. 06:20:00.470 --> 06:20:01.110 Atty. James Bryan Ibrahim A. Alih: Okay. 06:20:02.530 --> 06:20:03.170 Atty. James Bryan Ibrahim A. Alih: Alright. 06:20:04.720 --> 06:20:05.360 Atty. James Bryan Ibrahim A. Alih: Sige. 06:20:05.770 --> 06:20:17.010 Atty. James Bryan Ibrahim A. Alih: Sir, can you confirm that the bank account with last digits 2393 under the name of Atty. Manases R. Carpio is in your records? 06:20:19.550 --> 06:20:20.970 Mario Cerilo M. De Mesa Jr.: Yes sir, I can 06:20:20.970 --> 06:20:26.630 Mario Cerilo M. De Mesa Jr.: confirm that the account number with ending 2393 is in our records. 06:20:26.990 --> 06:20:37.190 Atty. James Bryan Ibrahim A. Alih: How about account number with last digits 4786 under the husband of the Vice President Atty. Manases Carpio? 06:20:38.090 --> 06:20:41.450 Mario Cerilo M. De Mesa Jr.: Under the... Can you please repeat? Sorry, sir. 06:20:42.390 --> 06:20:45.810 Atty. James Bryan Ibrahim A. Alih: 4786. Last digits. 4786. Yes, 06:20:45.850 --> 06:20:49.910 Mario Cerilo M. De Mesa Jr.: we have an account under the last digit 4786. 06:20:49.910 --> 06:20:50.610 Atty. James Bryan Ibrahim A. Alih: All right. 06:20:50.610 --> 06:20:52.210 Mario Cerilo M. De Mesa Jr.: Under the name of Manassas R. Carpio. 06:20:54.800 --> 06:21:01.360 Sen. Francis "Chiz" G. Escudero: Mr. Jun, you don't have to repeat the question. Just answer the question yes or no. 06:21:01.360 --> 06:21:02.560 Mario Cerilo M. De Mesa Jr.: Yes, sir. I'm 06:21:02.560 --> 06:21:02.700 Mario Cerilo M. De Mesa Jr.: sorry. 06:21:03.120 --> 06:21:05.480 Sen. Francis "Chiz" G. Escudero: It's okay. Kindly proceed, Attorney James. 06:21:05.720 --> 06:21:07.060 Atty. James Bryan Ibrahim A. Alih: Thank you, sir. Thank you, Your Honor. Sorry. 06:21:09.610 --> 06:21:18.510 Atty. James Bryan Ibrahim A. Alih: For bank account with last digits 8-4-2-7, Sir Jun, can you confirm that this is part of your records? 06:21:20.690 --> 06:21:22.750 Mario Cerilo M. De Mesa Jr.: Under 8-4-2-7, yes sir. 06:21:22.910 --> 06:21:31.730 Atty. James Bryan Ibrahim A. Alih: Alright. And this is under the name of the Vice President Sara Zimmerman Duterte or Manases, Attorney Manases Reyes Carpio? 06:21:32.050 --> 06:21:32.850 Mario Cerilo M. De Mesa Jr.: Yes, Your Honor. 06:21:34.590 --> 06:21:35.730 Atty. James Bryan Ibrahim A. Alih: How about... 06:21:38.030 --> 06:21:45.090 Atty. James Bryan Ibrahim A. Alih: Bank account with last digits 3686. Can you confirm that you have this in your records? 06:21:47.600 --> 06:21:49.860 Mario Cerilo M. De Mesa Jr.: Under the same account name, sir? 06:21:50.260 --> 06:21:50.900 Mario Cerilo M. De Mesa Jr.: Yes, sir. 06:21:52.050 --> 06:21:53.470 Mario Cerilo M. De Mesa Jr.: 3686, yes, sir. Alright. 06:21:54.090 --> 06:22:05.690 Atty. James Bryan Ibrahim A. Alih: How about account with last digits 6168 under the Vice President Sara Zimmerman Duterte? Can you confirm the existence of this account in your records? 06:22:05.690 --> 06:22:07.020 Mario Cerilo M. De Mesa Jr.: Yes, sir. 06:22:07.020 --> 06:22:17.700 Atty. James Bryan Ibrahim A. Alih: Alright. How about bank account with 6071 under the name 888 Bistro? Can you confirm that is part of your records? 06:22:17.700 --> 06:22:18.500 Mario Cerilo M. De Mesa Jr.: Yes, Sir. 06:22:18.500 --> 06:22:28.660 Atty. James Bryan Ibrahim A. Alih: And another 888 Bistro, Sir, can you confirm if the account with last digits 8577 are in your records? 06:22:28.660 --> 06:22:29.460 Mario Cerilo M. De Mesa Jr.: Yes, Sir. 06:22:29.460 --> 06:22:49.150 Atty. James Bryan Ibrahim A. Alih: Alright. Sir, allow me to start by asking you the year-end balances of those accounts that I've mentioned. But I'm going to proceed per year. So let's start with 2022. Let's start with 2393. Bank account 2393. What is the ending balance for the year 2022? 06:22:54.520 --> 06:23:07.540 Mario Cerilo M. De Mesa Jr.: For account number 2393, for Manases R. Carpio, the year-end balance is 120,570.50 centavos. 06:23:24.520 --> 06:23:40.520 Mario Cerilo M. De Mesa Jr.: For the year 2022, under the account of [unclear] Duterte and Manases R. Carpio, the ending balance is 5,131,934.13 centavos. 06:23:43.640 --> 06:23:52.040 Atty. James Bryan Ibrahim A. Alih: With last digits 3686, what is the year-end balance for the year 2022? 06:23:54.350 --> 06:24:05.230 Mario Cerilo M. De Mesa Jr.: For the year-end balance for 2022 under last digit 3686 is 747,291.78 06:24:05.230 --> 06:24:07.950 Atty. James Bryan Ibrahim A. Alih: For bank account with 06:24:08.430 --> 06:24:14.210 Atty. James Bryan Ibrahim A. Alih: Last digit 6168. Magkano po yung ending balance for 2022? 06:24:24.560 --> 06:24:36.020 Mario Cerilo M. De Mesa Jr.: For 6168, for 2022, the ending balance is 414,624.27. 06:24:36.020 --> 06:24:36.920 Atty. James Bryan Ibrahim A. Alih: Thank you, 06:24:36.920 --> 06:24:48.350 Atty. James Bryan Ibrahim A. Alih: sir. Ito naman po, yung ending last digits ay 6071 under 888 Bistro. Magkano po yung year-end balance ng 2022? 06:25:00.430 --> 06:25:01.400 Mario Cerilo M. De Mesa Jr.: Sandali lang po, sir 06:25:01.400 --> 06:25:02.370 Atty. James Bryan Ibrahim A. Alih: Sige lang po. 06:25:06.270 --> 06:25:08.030 Mario Cerilo M. De Mesa Jr.: Can you please repeat the number, sir? 06:25:08.160 --> 06:25:11.960 Atty. James Bryan Ibrahim A. Alih: Certainly, sir. Last digit is 8577. 06:25:14.360 --> 06:25:18.860 Mario Cerilo M. De Mesa Jr.: We do not have, sir, the ending balance for 8577. 06:25:32.110 --> 06:25:38.460 Atty. James Bryan Ibrahim A. Alih: What is the year end balance for 2393 for the year 2023? 06:25:40.340 --> 06:25:48.220 Mario Cerilo M. De Mesa Jr.: The year end balance is 65,585 pesos and 22 centavos. 06:25:49.750 --> 06:25:54.830 Atty. James Bryan Ibrahim A. Alih: Okay, for the second account, 8427, ano po yung ending balance ng 2023? 06:25:56.010 --> 06:25:56.890 Mario Cerilo M. De Mesa Jr.: For 06:26:06.460 --> 06:26:21.190 Mario Cerilo M. De Mesa Jr.: the ending account number 8427 for 2023, The balance is 6,033,978.32. Okay. 06:26:25.330 --> 06:26:26.430 Atty. James Bryan Ibrahim A. Alih: Magkano nga ulit? 06:26:26.430 --> 06:26:32.240 Mario Cerilo M. De Mesa Jr.: Sorry, sir. Can you please repeat the account number again, sir? 06:26:32.240 --> 06:26:34.240 Atty. James Bryan Ibrahim A. Alih: 8427. 06:26:34.240 --> 06:26:45.210 Mario Cerilo M. De Mesa Jr.: 8427, the ending balance for 2023 is 6,033,978. and 32 centavos. 06:26:45.230 --> 06:26:46.110 Atty. James Bryan Ibrahim A. Alih: Okay. Thank 06:26:46.110 --> 06:26:46.410 Atty. James Bryan Ibrahim A. Alih: you, sir. 06:26:46.510 --> 06:26:50.530 Atty. James Bryan Ibrahim A. Alih: Sir, I'm on 2023. Tapusin ko lang tong 2023. 06:26:52.970 --> 06:27:03.720 Atty. James Bryan Ibrahim A. Alih: But it appears that I've skipped one account. But let me just finish with 2023 and then ihabol natin yung dalawang account. Let's go first to the 06:27:05.320 --> 06:27:09.430 Atty. James Bryan Ibrahim A. Alih: last digit. Last digit is 3686. 06:27:11.680 --> 06:27:13.740 Atty. James Bryan Ibrahim A. Alih: Ano po yung ending balance ng 2023? 06:27:16.840 --> 06:27:17.460 Mario Cerilo M. De Mesa Jr.: 3686. 06:27:28.500 --> 06:27:42.940 Mario Cerilo M. De Mesa Jr.: With ending balance, sorry, with ending account number 3686, the balance is, ending balance for 2023 is 748,665.48. 06:27:42.940 --> 06:27:43.500 Atty. James Bryan Ibrahim A. Alih: Sige 06:27:43.500 --> 06:27:48.120 Atty. James Bryan Ibrahim A. Alih: po. Para naman po sa last digit 6168, ano po yung ending balance sa 2023? 06:28:06.080 --> 06:28:07.060 Mario Cerilo M. De Mesa Jr.: 6168, sir. 06:28:07.060 --> 06:28:08.620 Atty. James Bryan Ibrahim A. Alih: Can you please confirm? 06:28:08.620 --> 06:28:19.780 Mario Cerilo M. De Mesa Jr.: Yes. 6168. For ending balance 2023, the balance is P415,831.60. 06:28:19.780 --> 06:28:20.540 Atty. James Bryan Ibrahim A. Alih: Sige 06:28:20.540 --> 06:28:26.560 Atty. James Bryan Ibrahim A. Alih: po. For last digits 6071, what is the ending balance for 2023? 06:28:27.790 --> 06:28:35.470 Mario Cerilo M. De Mesa Jr.: For ending balance, ending account number 3, 6071. Am I correct, sir? 06:28:35.850 --> 06:28:38.490 Mario Cerilo M. De Mesa Jr.: Yes. 6071. Yes, sir. 06:28:38.810 --> 06:28:40.390 Mario Cerilo M. De Mesa Jr.: The ending balance is Php 06:28:40.390 --> 06:28:47.210 Mario Cerilo M. De Mesa Jr.: 4,668,076.87. 06:28:47.210 --> 06:28:47.810 Atty. James Bryan Ibrahim A. Alih: Alright. 06:28:47.990 --> 06:28:54.750 Atty. James Bryan Ibrahim A. Alih: And can you confirm, yung sa last digits 8577, wala pong year-end balance. Tama po ba? 06:28:55.250 --> 06:28:59.950 Mario Cerilo M. De Mesa Jr.: For 8577, there is no ending balance for 2023. 06:29:00.770 --> 06:29:20.870 Atty. James Bryan Ibrahim A. Alih: So apologies to Sir Witness, Sir, na I may have missed. The bank account and with last digits 4786. I'm really sorry about that. Let's go to 2022. Bank account, last digits 4786. 2022 po, ano yung ending balance niya? 06:29:21.280 --> 06:29:23.940 Mario Cerilo M. De Mesa Jr.: For 2022, 06:29:28.200 --> 06:29:37.660 Mario Cerilo M. De Mesa Jr.: with ending account number 4786, the ending year end balance is 15 million. 06:29:40.200 --> 06:29:43.820 Mario Cerilo M. De Mesa Jr.: 284,682, and six centavos. 06:29:43.820 --> 06:29:44.000 Atty. James Bryan Ibrahim A. Alih: Okay. 06:29:44.970 --> 06:29:54.270 Atty. James Bryan Ibrahim A. Alih: Buti naalala ko malaki pala. 2023 sir, ano po yung year-end balance ng last digit 4786? 06:29:55.010 --> 06:29:55.630 Mario Cerilo M. De Mesa Jr.: The 06:29:55.630 --> 06:30:02.880 Mario Cerilo M. De Mesa Jr.: year-end balance is 20,232,513.79 06:30:02.880 --> 06:30:29.260 Mario Cerilo M. De Mesa Jr.: centavos 06:30:42.000 --> 06:30:42.840 Mario Cerilo M. De Mesa Jr.: Your Honor, 06:30:42.920 --> 06:30:44.140 Mario Cerilo M. De Mesa Jr.: can you please repeat the account number? 06:30:44.140 --> 06:30:49.560 Atty. James Bryan Ibrahim A. Alih: Last digits po, 2393, Sir. Year-end balance for 2024. 06:30:50.260 --> 06:31:00.260 Mario Cerilo M. De Mesa Jr.: For account number 2393, the ending balance is 21,620.19. 06:31:01.280 --> 06:31:10.460 Atty. James Bryan Ibrahim A. Alih: Alright. Sige po, Sir. Dito naman po sa last digit 4786, what is the year-end balance of this account for 2024? 06:31:13.540 --> 06:31:24.260 Mario Cerilo M. De Mesa Jr.: For with account number 4786, the year-end balance is 4,412,857.40. 06:31:24.260 --> 06:31:25.200 Atty. James Bryan Ibrahim A. Alih: Thank you, Sir. 06:31:25.400 --> 06:31:25.780 Atty. James Bryan Ibrahim A. Alih: A 06:31:25.780 --> 06:31:27.060 Atty. James Bryan Ibrahim A. Alih: little bit more patience, 06:31:27.100 --> 06:31:34.020 Atty. James Bryan Ibrahim A. Alih: Sir. Sa last digit, 8427 po. Ano po yung year-end balance ng 2024? 06:31:36.870 --> 06:31:38.010 Mario Cerilo M. De Mesa Jr.: 8427 po. 06:31:38.010 --> 06:31:38.910 Atty. James Bryan Ibrahim A. Alih: That's right, Sir. 06:31:38.910 --> 06:31:48.000 Mario Cerilo M. De Mesa Jr.: Your Honor. Opo. For 8427, the ending balance is 30,965.60. 06:31:48.000 --> 06:31:48.860 Atty. James Bryan Ibrahim A. Alih: Okay. 06:31:49.660 --> 06:31:55.180 Atty. James Bryan Ibrahim A. Alih: Last digit is 3686. 2024 po ano yung year end balance? 06:31:56.310 --> 06:31:57.170 Atty. James Bryan Ibrahim A. Alih: For 06:32:11.670 --> 06:32:24.430 Mario Cerilo M. De Mesa Jr.: account number 3686, the ending balance for 2024 is 15,030.84. Okay. 06:32:24.730 --> 06:32:32.870 Atty. James Bryan Ibrahim A. Alih: For account with last digit? Last digit, 6168. Ano po yung year-end balance ng 2024? 06:32:49.440 --> 06:33:00.880 Mario Cerilo M. De Mesa Jr.: With ending account number 6168, the ending balance is 16,034.63. Thank 06:33:00.880 --> 06:33:11.080 Atty. James Bryan Ibrahim A. Alih: you, Sir Jun. Dito naman po sa 6071, ano po yung ending balance ng 2024? And this is under 888 Bistro. 06:33:13.800 --> 06:33:19.420 Mario Cerilo M. De Mesa Jr.: The ending balance is 179,928.82 06:33:19.420 --> 06:33:22.060 Atty. James Bryan Ibrahim A. Alih: Alright sir. I'll just skip 06:33:22.060 --> 06:33:35.440 Atty. James Bryan Ibrahim A. Alih: the account number ending 8577 sir because it likewise does not, well the record show at least that it wala pong nakadeklarang ending balance. So I'll go back and we are on our last year sir. 06:33:37.340 --> 06:33:46.900 Atty. James Bryan Ibrahim A. Alih: 2025. What is the ending balance for Bank account with last digits 2393 for the year 2025. 06:34:01.590 --> 06:34:10.510 Mario Cerilo M. De Mesa Jr.: For 2393, the ending balance is 27,562.39. 06:34:13.860 --> 06:34:24.080 Atty. James Bryan Ibrahim A. Alih: Bank account with last digits 4786. Ano po yung sa 2025 yung ending balance niya? 06:34:33.070 --> 06:34:42.980 Mario Cerilo M. De Mesa Jr.: Thank you ma'am. With account number 4786, the ending balance for 2025 sir? 06:34:42.980 --> 06:34:43.680 Atty. James Bryan Ibrahim A. Alih: Yes po. 06:34:43.680 --> 06:34:51.600 Mario Cerilo M. De Mesa Jr.: The ending balance is 16,494,211.45 centavos. 06:34:51.600 --> 06:34:53.520 Atty. James Bryan Ibrahim A. Alih: We're almost through sir. 06:34:54.610 --> 06:35:02.620 Atty. James Bryan Ibrahim A. Alih: Sa last digits, 8427, ano po yung ending balance itong account na ito for 2025? 06:35:12.300 --> 06:35:21.110 Mario Cerilo M. De Mesa Jr.: For 2025, the ending balance is 1,101,095.84. 06:35:21.110 --> 06:35:24.170 Atty. James Bryan Ibrahim A. Alih: Alright. For last digits 3686, 06:35:24.530 --> 06:35:28.210 Atty. James Bryan Ibrahim A. Alih: what is the ending balance for the year 2025? 06:35:44.860 --> 06:35:55.090 Mario Cerilo M. De Mesa Jr.: With ending account number 3686, the ending balance is 15,038.31, Your Honor. 06:35:55.290 --> 06:36:00.270 Atty. James Bryan Ibrahim A. Alih: Alright po. For account number 6168, ano po yung ending balance ng 2025? 06:36:01.710 --> 06:36:07.550 Mario Cerilo M. De Mesa Jr.: The ending balance is 16,042.64. Last 06:36:07.550 --> 06:36:08.830 Atty. James Bryan Ibrahim A. Alih: two, Sir Jun. 06:36:09.290 --> 06:36:10.030 Mario Cerilo M. De Mesa Jr.: Last 06:36:10.030 --> 06:36:13.610 Atty. James Bryan Ibrahim A. Alih: digit 6071, what is the ending balance for 2025? 06:36:14.510 --> 06:36:21.090 Mario Cerilo M. De Mesa Jr.: The ending balance is 91,971.81. 06:36:21.090 --> 06:36:21.830 Atty. James Bryan Ibrahim A. Alih: For 06:36:21.900 --> 06:36:25.420 Atty. James Bryan Ibrahim A. Alih: 2025 din, last digits 8577. 06:36:27.040 --> 06:36:34.820 Atty. James Bryan Ibrahim A. Alih: Yes, sir. Ano po yung ending balance? Ito yung kaninang walang ending balance from 2022 to 2024. But in 2025, paano po? 06:36:35.000 --> 06:36:42.400 Mario Cerilo M. De Mesa Jr.: The ending balance for 2025 is 1,102,729.64. 06:36:42.400 --> 06:36:42.960 Atty. James Bryan Ibrahim A. Alih: Sir 06:36:42.960 --> 06:36:49.980 Atty. James Bryan Ibrahim A. Alih: Julius, I just have a few more documents that I want you to look at. 06:36:52.160 --> 06:36:54.600 Atty. James Bryan Ibrahim A. Alih: I would like you to, I refer you to 06:36:56.570 --> 06:36:58.170 Atty. James Bryan Ibrahim A. Alih: Page 207. Excuse 06:36:58.170 --> 06:37:03.770 Sen. Francis "Chiz" G. Escudero: me, Attorney James. This table is for what corporation or person? 06:37:04.570 --> 06:37:06.530 Atty. James Bryan Ibrahim A. Alih: This is the total. Your Honor. 06:37:06.530 --> 06:37:06.850 Sen. Francis "Chiz" G. Escudero: Of who? 06:37:07.130 --> 06:37:08.470 Sen. Francis "Chiz" G. Escudero: Of the bank accounts. 06:37:10.260 --> 06:37:18.470 Sen. Francis "Chiz" G. Escudero: So 18 million for 2025 is the total bank accounts of what? Of who? Of the Vice President and her spouse? 06:37:18.870 --> 06:37:19.570 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. 06:37:19.790 --> 06:37:24.310 Sen. Francis "Chiz" G. Escudero: But how can you factor in the account balances of what's the corporation? 06:37:25.090 --> 06:37:28.050 Atty. James Bryan Ibrahim A. Alih: 888 Bistro. It's a sole proprietorship, your honor. 06:37:28.050 --> 06:37:29.210 Sen. Francis "Chiz" G. Escudero: It's a sole proprietorship. 06:37:29.210 --> 06:37:31.210 Atty. James Bryan Ibrahim A. Alih: Yes, that's right. Thank you, your honor. 06:37:34.600 --> 06:37:37.380 Atty. James Bryan Ibrahim A. Alih: Thank you, po. Sir? 06:37:38.710 --> 06:37:45.530 Atty. Roberto N. Batungbacal: Your honor, we apologize. At this point, can we ask that the slide be taken down? 06:37:45.530 --> 06:37:45.830 Sen. Francis "Chiz" G. Escudero: Yes, you 06:37:45.830 --> 06:37:46.950 Sen. Francis "Chiz" G. Escudero: can take it down already. I think you're done. 06:37:46.950 --> 06:37:53.370 Atty. Roberto N. Batungbacal: It doesn't show the person to who those amounts correspond to or the accounts. 06:37:54.170 --> 06:37:57.890 Sen. Francis "Chiz" G. Escudero: As inquired to by the Presiding Officer as well. Kindly continue, Attorney James. 06:37:58.290 --> 06:37:58.950 Atty. James Bryan Ibrahim A. Alih: Thank you, Your Honor. 06:38:04.100 --> 06:38:15.820 Atty. James Bryan Ibrahim A. Alih: Sir, kindly look at Exhibit P-Roman numeral 2-8-1-3-2-3-1. 06:38:22.830 --> 06:38:24.590 Atty. James Bryan Ibrahim A. Alih: Allow me to bring it. 06:38:36.200 --> 06:38:39.940 Atty. James Bryan Ibrahim A. Alih: Hello. Sir, I'm showing you this document. 06:38:50.790 --> 06:38:53.690 Atty. James Bryan Ibrahim A. Alih: Give me a moment, Your Honor. I'll just ask another document, Your Honor. 06:39:16.760 --> 06:39:20.940 Atty. James Bryan Ibrahim A. Alih: Okay. I'm sorry, Your Honor. It's been a long day. I'm really sorry. 06:39:22.860 --> 06:39:35.740 Atty. James Bryan Ibrahim A. Alih: Exhibit P-2-8-1-3-1-2-1-5-BDO. If we can find it, I'll just show this one. 06:39:37.290 --> 06:39:38.690 Atty. James Bryan Ibrahim A. Alih: Page... No, 06:39:40.790 --> 06:39:41.310 Atty. James Bryan Ibrahim A. Alih: no, the other one. 06:39:44.260 --> 06:39:44.920 Atty. James Bryan Ibrahim A. Alih: This, sir. 06:39:47.430 --> 06:39:49.030 Atty. James Bryan Ibrahim A. Alih: Can you look at the... 06:39:51.120 --> 06:39:52.040 Atty. James Bryan Ibrahim A. Alih: Can 06:39:53.190 --> 06:40:11.190 Atty. James Bryan Ibrahim A. Alih: you look at the August 6 transactions? There are three transactions, sir. Can you... This is dated August 6 transaction. What is this transaction, sir? Two transactions? 06:40:13.140 --> 06:40:13.860 Mario Cerilo M. De Mesa Jr.: The 06:40:13.860 --> 06:40:16.540 Mario Cerilo M. De Mesa Jr.: first transaction, 06:40:17.370 --> 06:40:33.530 Mario Cerilo M. De Mesa Jr.: as per our records, shows... 8 million was debited to the account 2700174786 and was transferred to the current account. 06:40:33.910 --> 06:40:36.670 Atty. James Bryan Ibrahim A. Alih: Alright. And how about the other one, sir? 06:40:37.190 --> 06:40:43.750 Mario Cerilo M. De Mesa Jr.: There is a 15 million debit with the same description, sir. 06:40:43.910 --> 06:40:55.320 Atty. James Bryan Ibrahim A. Alih: Alright. And based on this document that you've submitted, whose name appears as the account owner of this bank or this account. 06:40:56.000 --> 06:41:01.640 Mario Cerilo M. De Mesa Jr.: Based on the documents we have submitted, the account belongs to Manases R. Carpio. 06:41:01.640 --> 06:41:02.800 Atty. James Bryan Ibrahim A. Alih: Alright. Sige. Thank 06:41:02.800 --> 06:41:03.120 Atty. James Bryan Ibrahim A. Alih: you, sir. 06:41:10.140 --> 06:41:12.840 Atty. James Bryan Ibrahim A. Alih: Your Honor, what was that? 06:41:13.000 --> 06:41:19.620 Atty. Roberto N. Batungbacal: That was number 6. Your Honor, apologies. May we just be clarified to what account number? Just for clarity. 06:41:19.700 --> 06:41:23.180 Sen. Francis "Chiz" G. Escudero: This is the account of Attorney Carpio. Account number, Attorney James? 06:41:23.180 --> 06:41:24.020 Atty. James Bryan Ibrahim A. Alih: Four 06:41:24.020 --> 06:41:24.860 Sen. Francis "Chiz" G. Escudero: Ending in? 06:41:24.860 --> 06:41:26.300 Atty. James Bryan Ibrahim A. Alih: 4786, your honor. 06:41:35.980 --> 06:41:41.220 Atty. James Bryan Ibrahim A. Alih: Sir Jun, what was the date again? Sorry, based on your recollection. 06:41:41.220 --> 06:41:42.840 Mario Cerilo M. De Mesa Jr.: Can I please see the document? 06:41:42.940 --> 06:41:44.120 Sen. Francis "Chiz" G. Escudero: It's in the screen, sir. 06:41:44.120 --> 06:41:44.980 Mario Cerilo M. De Mesa Jr.: I cannot 06:41:44.980 --> 06:41:45.460 Mario Cerilo M. De Mesa Jr.: see, sir. 06:41:47.020 --> 06:41:47.540 Sen. Francis "Chiz" G. Escudero: Then 06:41:47.540 --> 06:41:49.040 Sen. Francis "Chiz" G. Escudero: allow the chair, August 6. 06:41:50.560 --> 06:41:51.080 Sen. Francis "Chiz" G. Escudero: Yes, 06:41:51.100 --> 06:41:55.240 Sen. Francis "Chiz" G. Escudero: August 6. It shows there in the screen, it's August 6. 06:41:55.720 --> 06:42:08.990 Atty. James Bryan Ibrahim A. Alih: Yes, that's correct. And again, just to confirm, you read that this transaction involved, that happened on the same day, 8 million and 15 million. How much is the total of that, sir? 06:42:12.170 --> 06:42:20.290 Atty. Roberto N. Batungbacal: Your Honor, this is ask and answer. The witness already confirmed the digits as reflected in the document, Your Honor. 06:42:20.390 --> 06:42:22.090 Atty. James Bryan Ibrahim A. Alih: I'm asking for a computation, Your Honor. 06:42:22.270 --> 06:42:25.130 Sen. Francis "Chiz" G. Escudero: Just to get over the hump, it's 23 million. 06:42:26.100 --> 06:42:27.220 Atty. James Bryan Ibrahim A. Alih: 23 million. I'm 06:42:27.220 --> 06:42:30.880 Sen. Francis "Chiz" G. Escudero: not good at math but that's easy to add. Thank 06:42:30.880 --> 06:42:31.880 Atty. James Bryan Ibrahim A. Alih: you. Thank you, Your Honor. 06:42:32.080 --> 06:42:32.100 Sen. Francis "Chiz" G. Escudero: Move 06:42:32.100 --> 06:42:32.180 Sen. Francis "Chiz" G. Escudero: on, 06:42:32.260 --> 06:42:32.480 Sen. Francis "Chiz" G. Escudero: counsel. 06:42:32.780 --> 06:42:46.840 Atty. James Bryan Ibrahim A. Alih: Alright, Your Honor. That would be all for this witness, Your Honor. I just wanted to ask the August 6 again because that happened the same time as the 18 million withdrawal in PNB. So that's 18 million and 23. 06:42:46.840 --> 06:42:47.480 Sen. Francis "Chiz" G. Escudero: Attorney Rob, 06:42:47.700 --> 06:42:49.060 Sen. Francis "Chiz" G. Escudero: any cross? 06:42:49.060 --> 06:42:50.280 Atty. Roberto N. Batungbacal: Just a few. 06:42:50.280 --> 06:42:51.500 Sen. Francis "Chiz" G. Escudero: You may proceed, sir, when you're ready. 06:42:53.030 --> 06:42:55.560 Atty. Roberto N. Batungbacal: Mr. De Mesa, good afternoon. 06:42:55.560 --> 06:42:56.940 Mario Cerilo M. De Mesa Jr.: Good afternoon, sir. 06:42:56.940 --> 06:42:58.600 Atty. Roberto N. Batungbacal: Your Honor, I'm sorry. 06:42:58.600 --> 06:43:13.160 Atty. Roberto N. Batungbacal: Mr. De Mesa, during your redirect, you talked about two joint accounts, correct? Of Sara Z. Duterte and Manasis R. Carpio, correct? 06:43:13.160 --> 06:43:13.720 Mario Cerilo M. De Mesa Jr.: Can 06:43:13.720 --> 06:43:15.660 Mario Cerilo M. De Mesa Jr.: I look again on my 06:43:15.660 --> 06:43:15.940 Mario Cerilo M. De Mesa Jr.: record? 06:43:16.080 --> 06:43:16.100 Sen. Francis "Chiz" G. Escudero: Yes, yes. 06:43:16.760 --> 06:43:20.740 Sen. Francis "Chiz" G. Escudero: Continuing authority is given to you, Mr. Jun, to look at your documents. 06:43:26.410 --> 06:43:34.750 Atty. Roberto N. Batungbacal: Just to help you out, Mr. Witness, these are the accounts ending in 8-4-2-7 and 3-6-8-6. 06:43:37.410 --> 06:43:41.950 Mario Cerilo M. De Mesa Jr.: 8-4-2-7, Your Honor, and 3 06:43:41.950 --> 06:43:42.230 Mario Cerilo M. De Mesa Jr.: -6 06:43:42.230 --> 06:43:43.190 Mario Cerilo M. De Mesa Jr.: -8-6. 06:43:43.370 --> 06:43:43.590 Atty. Roberto N. Batungbacal: Yes. 06:43:43.870 --> 06:43:44.310 Mario Cerilo M. De Mesa Jr.: Yes. 06:43:44.470 --> 06:43:48.370 Atty. Roberto N. Batungbacal: Mr. De Mesa, you confirm these are joint or accounts? 06:43:48.370 --> 06:43:49.810 Mario Cerilo M. De Mesa Jr.: Yes, Your Honor. 06:43:49.810 --> 06:43:57.370 Atty. Roberto N. Batungbacal: Yes. Joint or accounts, this means that either account holder can transact without the other, correct? 06:43:58.430 --> 06:44:01.400 Mario Cerilo M. De Mesa Jr.: It means that the... Yes, sir. 06:44:01.540 --> 06:44:06.650 Atty. Roberto N. Batungbacal: Yes, even without the knowledge or consent of the other, correct? A joint or account? 06:44:07.870 --> 06:44:08.750 Mario Cerilo M. De Mesa Jr.: Yes, sir, a joint 06:44:08.750 --> 06:44:08.990 Atty. Roberto N. Batungbacal: or 06:44:08.990 --> 06:44:09.210 Mario Cerilo M. De Mesa Jr.: account. 06:44:11.140 --> 06:44:17.150 Atty. Roberto N. Batungbacal: Also, Mr. De Mesa, you were asked about the two transactions on August 6. 06:44:17.150 --> 06:44:19.130 Mario Cerilo M. De Mesa Jr.: Correct, sir. 06:44:19.130 --> 06:44:27.470 Atty. Roberto N. Batungbacal: And, but you confirm, Mr. De Mesa, that your testimony is limited, your knowledge is limited only to the bank records that you brought? 06:44:27.470 --> 06:44:28.030 Mario Cerilo M. De Mesa Jr.: Correct. 06:44:28.030 --> 06:44:32.210 Atty. Roberto N. Batungbacal: That's correct. You confirm that you are not a party to any of these transactions? 06:44:34.120 --> 06:44:34.700 Mario Cerilo M. De Mesa Jr.: Yes, sir. 06:44:34.760 --> 06:44:36.460 Atty. Roberto N. Batungbacal: You do not know why the transactions were made? 06:44:37.180 --> 06:44:37.760 Mario Cerilo M. De Mesa Jr.: Yes, sir. 06:44:37.860 --> 06:44:42.100 Atty. Roberto N. Batungbacal: You do not know the underlying contract or agreement for these transactions? 06:44:42.100 --> 06:44:43.100 Mario Cerilo M. De Mesa Jr.: Correct, sir. 06:44:43.100 --> 06:44:44.540 Atty. Roberto N. Batungbacal: Nothing further to cross, Your Honor. 06:44:45.600 --> 06:44:46.020 Sen. Francis "Chiz" G. Escudero: Redirect? 06:44:46.240 --> 06:44:46.660 Atty. James Bryan Ibrahim A. Alih: No, 06:44:46.720 --> 06:44:47.480 Atty. James Bryan Ibrahim A. Alih: redirect, Your Honor. 06:44:48.340 --> 06:44:54.080 Sen. Francis "Chiz" G. Escudero: If there are no interjections from Senator Judge, Senator Judge Riza is recognized. 06:45:01.930 --> 06:45:05.170 Sen. Risa Hontiveros: Salamat po, Mr. Presiding Officer. Magandang hapon po, Mr. de Mesa. 06:45:05.370 --> 06:45:08.030 Mario Cerilo M. De Mesa Jr.: Magandang hapon po, Senator Risa. 06:45:08.210 --> 06:45:08.770 Sen. Risa Hontiveros: Yes, sir. 06:45:11.690 --> 06:45:13.030 Sen. Risa Hontiveros: Sorry. So, 06:45:21.090 --> 06:46:13.550 Sen. Risa Hontiveros: similar po ng mga tanong, no? Sa 2022 SALN ni VP Duterte, wala po siyang... Oh, I'm so sorry. Yes, pa po. Yung halaga po ng other personal properties na dineclare nila para sa kanilang mag-asawa ay 13,325,000 pesos. Nahuli ko po yung... Pag-flash nung slide tungkol sa ending balance o halaga ng kanilang assets sa bangko ninyo nung taong iyon. At kung tama po yung nabasa ko at nasulat, ang halaga po nun ay 22,832,288 pesos at 41 centavos. Naalala niyo po ba yun? Yung na-flash na slide. 06:46:13.550 --> 06:46:14.970 Mario Cerilo M. De Mesa Jr.: Pwede po bang ma-flash po? Kung 06:46:14.970 --> 06:46:22.180 Sen. Risa Hontiveros: maaaring ma-flash ulit po. Kung maaari pong ma-flash ulit yung slide na yun, yung Sinuma. Ayan po. 06:46:22.340 --> 06:46:29.220 Sen. Francis "Chiz" G. Escudero: Yes, the tech is instructed to kindly follow the questions of Senator Judge Riza. Yes. 06:46:29.500 --> 06:46:37.240 Sen. Risa Hontiveros: Salamat po, Mr. Presiding Officer. So, naalala nyo po ito, yung suma ng mga assets nila sa bangko ninyo noong taong 2022. 06:46:38.220 --> 06:46:48.100 Mario Cerilo M. De Mesa Jr.: I'm sorry po, Your Honor, hindi po po masasagot yung sum total kasi ang... Binigay lang po namin ay year-end balances per account po. 06:46:48.240 --> 06:47:49.010 Sen. Risa Hontiveros: Okay po. So, naibigay niyo po yung year-end balances para sa mga accounts nung mag-asawa or nang isa sa kanila or mga ITF para sa mga minor na anak nila and then sinuma na lang po ng prosecution. Tama po, Mr. President. Salamat po. So, I'll just rely on that. noting na yan po yung pagsusuma ng prosecution. Ang point ko lang dito, Mr. Presiding Officer, ay kanina po sa PNB pa lang, mas mataas na yung assets sa bankong iyon sa declared na SALN sa taong ito. Dito rin po sa BDO, mas mataas pa yung assets kaysa sa nasa SALN. In fact, Kung ikikwenta po natin yung 13M sa SALN kumpara sa 22M dito sa BDO taong 2022, almost 60% po yung assets kumpara sa SALN. 06:47:49.210 --> 06:47:50.690 Sen. Francis "Chiz" G. Escudero: You mean deposits, Senator? 06:47:50.770 --> 06:49:34.990 Sen. Risa Hontiveros: The accounts, yes. The accounts, Mr. Presiding Officer. And then sa 2023 SALN naman po, Yung halaga ng kanilang other personal properties na dineklara ni VP Duterte para sa taong iyon ay 14,725,000 pesos. Pwede po bang makita ulit yung slide nung pagsusuma ng prosecution dun sa sinabing ending balances ng BDO? Sa taong iyon. So ang pag-sum up ng prosecution ay 32 million. We're winding up Mr. Presiding Officer 162,651 pesos and 28 centavos. So again, pag ibabangga ko po sa BDO pa lang higit doble na ang laman ng accounts sa BDO sa taong 2023 kaysa sa nakadeclare sa sa SALN para sa tong iyon. In fact, under-declared by almost 45% yung SALN sa other personal properties dun palang sa accounts sa BDO. And adding those two amounts from PNB kanina at BDO ngayon, yun lamang pong dalawa, sa 2022, May undeclared na na 29 million pesos, 730,000. At tumaas naman po sa itong taong 2023 ang undeclared cash to 39 million pesos itong taong ito. I have just one more question, Mr. Presiding Officer. Should I wait for a second 06:49:34.990 --> 06:49:34.991 Sen. Risa Hontiveros: round? 06:49:34.991 --> 06:49:35.670 Sen. Francis "Chiz" G. Escudero: Kindly wind up. 06:49:35.670 --> 06:50:11.710 Sen. Risa Hontiveros: Iwa wind up ko na lang po dito. Okay po. Salamat, Mr. Presiding Officer. So, Mr. De Mesa. Mula sa accounts nila sa BDO, makukumpirma po ba ninyo na nag-issue sila ng mga cheque? May dalawa po akong itatanong sa inyo. Cheque worth 11.35 million pesos in-issue kay Lourdes Lebozada at cheque worth 9.6 million pesos in-issue kay Dexter Latair. Unang tanong pala po sa dalawang cheque nito, mga managers checks po ba ito? 06:50:13.320 --> 06:50:18.740 Mario Cerilo M. De Mesa Jr.: Ay, your honor po, hindi ko po masasagot po. Kailangan po makita yung dokumento po. 06:50:18.940 --> 06:50:25.580 Sen. Risa Hontiveros: Ah, alright po, Mr. De Mesa. Kung ganun po, Mr. Presiding Officer, 06:50:25.580 --> 06:50:27.140 Sen. Francis "Chiz" G. Escudero: We can do that for you, 06:50:27.320 --> 06:50:28.000 Sen. Francis "Chiz" G. Escudero: Senator 06:50:28.000 --> 06:50:28.980 Sen. Francis "Chiz" G. Escudero: Teresa. The 06:50:28.980 --> 06:50:30.240 Sen. Francis "Chiz" G. Escudero: Clerk of Court can do that for you. 06:50:30.380 --> 06:50:45.790 Sen. Risa Hontiveros: Thank you so much po. Isubmit ko na lang po sa Clerk of Court yung detalya na tinatanong kong dalawang cheque. At kung pagka... Pag ma-present po kay Mr. De Mesa, saka ako na lang pong itatanong yung follow-up questions. 06:50:46.390 --> 06:50:48.990 Sen. Francis "Chiz" G. Escudero: We might not be able to produce it before we excuse 06:50:48.990 --> 06:50:49.270 Sen. Francis "Chiz" G. Escudero: the 06:50:49.270 --> 06:50:49.490 Sen. Francis "Chiz" G. Escudero: witness. 06:50:49.850 --> 06:50:52.850 Sen. Risa Hontiveros: Opo, should I put the follow-up questions on record now? 06:50:52.850 --> 06:50:55.210 Sen. Francis "Chiz" G. Escudero: You may put the follow-up questions on record already. 06:50:56.230 --> 06:50:58.770 Sen. Francis "Chiz" G. Escudero: On an assumption you will make. 06:50:58.770 --> 06:51:40.500 Sen. Risa Hontiveros: Sige po. Mr. De Mesa, assuming po na ma-presenta po ng korte sa inyo yung mga... Kaakibat na dokumento. Ang tanong ko po sana dun sa cheque worth 11.35 million pesos kay Ms. Lebozada at cheque worth 9.6 million pesos kay Mr. Latayan ay kung mako-confirm nyo po ba na na-issue yung ganitong cheque, kung managers checks po ba ito, at kung managers checks ang mga ito, ano po yung purpose na ibigay, na ibinigay? Doon sa request para sa transaksyong iyan. So saka ako na lang po ipa-follow up sa inyo, Mr. De Mesa. 06:51:40.500 --> 06:51:41.060 Sen. Francis "Chiz" G. Escudero: We will 06:51:41.060 --> 06:51:56.360 Sen. Francis "Chiz" G. Escudero: call it from the record, Senator Jasvisa. But Mr. Jun, would the reason for the issuance of an MC be part of the subpoena documents by this court? Binibigay po ba yung rason sa pag-iisyo ng MC? 06:51:57.360 --> 06:51:57.780 Sen. Francis "Chiz" G. Escudero: At 06:51:57.780 --> 06:52:00.100 Sen. Francis "Chiz" G. Escudero: kasama po ba yun sa sinabit niyo sa amin? 06:52:01.280 --> 06:52:14.140 Mario Cerilo M. De Mesa Jr.: Sa ngayon po, Your Honor, hindi ko po masasagot kasi sa dami po ng dokumentong pinadala po namin, hindi ko po matatandaan lahat ng dokumento. 06:52:14.200 --> 06:52:31.620 Sen. Francis "Chiz" G. Escudero: So, to respond to Senator Judge Riza, if the explanation for the issuance of the MC is part of what BDO submitted, then we will furnish you with that copy. However, if it is not part of what the prosecution requested to be subpoenaed, then we cannot present it to the good lady. 06:52:31.760 --> 06:52:49.200 Sen. Risa Hontiveros: I understand, Mr. Presiding Officer. Salamat po. In which case, kung ganun nga po na hindi kasama yung dahilan sa request para sa manager's checks. Kung manager's checks ang mga yun, kung hindi po kasama sa subpoena, ang hihingin ko na lang pong impormasyon ay kung... 06:52:51.280 --> 06:52:52.880 Sen. Francis "Chiz" G. Escudero: We will know that. 06:52:53.960 --> 06:53:14.070 Sen. Francis "Chiz" G. Escudero: Again, in the interest of fairness, any document or information asked by a senator-judge to be called from the record submitted to this impeachment court will be furnished to all senator-judges and to both parties for their consideration, perusal, and or comments, should any there be. 06:53:14.380 --> 06:53:17.460 Sen. Risa Hontiveros: Salamat po, Mr. Presiding Officer. Dagan salamat, Mr. De Mesa. 06:53:17.460 --> 06:53:18.680 Sen. Francis "Chiz" G. Escudero: Maraming salamat po, Senator. 06:53:18.800 --> 06:53:19.020 Sen. Francis "Chiz" G. Escudero: Senator 06:53:19.020 --> 06:53:19.940 Sen. Francis "Chiz" G. Escudero: Judge Villanueva. 06:53:19.940 --> 06:53:48.550 Sen. Joel Villanueva: Thank you, Mr. President, Mr. Presiding Officer. This will be very quick. Mr. Witness, may we know if you actually dito po sa mga deposits and substantial check... Payments nitong mga accounts sa BDO. May ni-report po ba kayo na covered transactions or suspicious transactions? 06:53:49.410 --> 06:54:50.800 Sen. Francis "Chiz" G. Escudero: Forgive me, Senator Judge Villanueva. This has been a, even with the other Senator Judges, this is part of the subpoena issued by the Court. As well as taking judicial notice of section 9 of RA number 9160. Covered institutions are not allowed to answer questions as to whether or not they reported or did not report, submitted or did not submit, or actually state any information pertaining to a report given to the AMLC. As stated by the previous bank. For the record, the provision states exactly as follows. Covered institutions, their officers including Mr. Jun, are prohibited from communicating directly or indirectly in any manner or by any means to any person the fact that a covered transaction report was made, the contents thereof, or any other information in relation thereto. 06:54:53.560 --> 06:54:54.040 Sen. Francis "Chiz" G. Escudero: We 06:54:54.040 --> 06:54:56.660 Sen. Francis "Chiz" G. Escudero: will be putting Mr. Jun in a bind. 06:54:56.900 --> 06:55:12.300 Sen. Joel Villanueva: Thank you, Mr. Presiding Officer. May I just ask for the policy, Mr. President, when it comes to lawyer-client policy ng BDO, for instance, Your Honor, sa records po ng bangko, ano po yung... 06:55:13.880 --> 06:55:32.240 Sen. Joel Villanueva: Policía ninyo, whether ito po ba tinatanong nyo yung declared source of funds or business ng isang account at yung malalaking transaction na nakikita po natin, consistent po ba, for example, doon sa profile nung may-ari nung account sa banko? 06:55:35.410 --> 06:55:37.810 Mario Cerilo M. De Mesa Jr.: Senator, pwede pong pakihulit po yung 06:55:37.810 --> 06:56:02.970 Sen. Joel Villanueva: tanong. Tungkol po dun sa know your client na pulisiya na inyong ipinapatupad sa bangko, ano po yung mga hinahanap ng bangko na mga record para po makita na ito ay proper at walang itinatago at hindi suspicious na transaction yung pinapasukan ng isang 06:56:05.270 --> 06:56:23.950 Sen. Joel Villanueva: A cliente ng bangko. Ano po yung inyong hinahanap? Hinahanap niyo po ba for example yung declared source of funds? O yung business in itself? Ano yung klaseng negosyo? Kung maliit na negosyo, magtatakaho kayo kung malaki naman yung ipinapasok na salapi. 06:56:25.200 --> 06:56:36.140 Mario Cerilo M. De Mesa Jr.: Part of our customer due diligence na alamin po yung source of funds, negosyo po ng mga kliyente. including their identification po. 06:56:36.240 --> 06:56:45.060 Sen. Joel Villanueva: At kung hindi po tugma yung pong nakita ninyo sa normal na transaksyon ng isang negosyo, ano pong ginagawa nyo po dito? 06:56:46.040 --> 06:56:52.260 Mario Cerilo M. De Mesa Jr.: Kadalasan po humihingi kami ng additional na information sa mga kliyente or documents po. 06:56:53.260 --> 06:57:03.160 Sen. Joel Villanueva: Like, tinahanap nyo po ba? Bine-verify nyo kung, for example, bine-verify nyo po ba kung saan talaga nang galing ang salapi na inilalagay? 06:57:04.400 --> 06:57:06.700 Mario Cerilo M. De Mesa Jr.: Part of the customer due diligence po. 06:57:07.300 --> 06:57:14.680 Sen. Joel Villanueva: Hinahanap nyo po. At ganun din ho, pag nag-issue sila ng cheque, sinusundan nyo din po kung saan po napupunta. 06:57:14.880 --> 06:57:32.000 Mario Cerilo M. De Mesa Jr.: Hindi na po ganun kasi based on know your customer po. So titignan mo po yung negosyo kung yan po naman ay commensurate dun sa kanilang negosyo. Hindi na po kadalasan or hindi naman mayat maya hinihingan ng dokumento. 06:57:32.020 --> 06:57:39.600 Sen. Joel Villanueva: Opo, pero binanggit niyo kanina yung pagpasok, hinihingan niyo, pero kung sakali mag-check eh, isinulat ho cash, for instance. 06:57:39.880 --> 06:57:43.440 Mario Cerilo M. De Mesa Jr.: Ganon din po sa pagpasok ng mga deposito po. 06:57:43.600 --> 06:57:49.420 Sen. Joel Villanueva: Paglabas po, sa paglabas naman po, hindi niyo naaalamin kung saan din deposito yung cash o sino yung nag-encash? 06:57:49.880 --> 06:57:56.690 Mario Cerilo M. De Mesa Jr.: Hindi na po, masyadong, hindi na po tinatanong yun. Kasi po yun ay pera naman po ng kliyente. 06:57:56.930 --> 06:57:58.090 Sen. Joel Villanueva: Salamat po. Thank you. 06:57:58.090 --> 06:58:04.220 Sen. Francis "Chiz" G. Escudero: Thank you, Senator Judge Villanueva. Senator Judge Kiko, correct? Yes, you may proceed, sir. 06:58:13.850 --> 06:58:15.790 Sen. Francis “Kiko” Pangilinan: Magandang hapon po, Mr. Witness. 06:58:17.440 --> 06:58:26.040 Sen. Francis “Kiko” Pangilinan: Yun tanong ko tulad nun tinanong ko sa ibang mga bangko. Merong bang peso account ang GenCorp sa inyong bangko, sa BDO? 06:58:29.060 --> 06:58:32.620 Mario Cerilo M. De Mesa Jr.: Based on our records submitted po, wala po. 06:58:33.020 --> 06:58:35.440 Sen. Francis “Kiko” Pangilinan: So walang peso account ang GenCorp? 06:58:35.440 --> 06:58:36.220 Mario Cerilo M. De Mesa Jr.: Wala po. 06:58:36.220 --> 06:58:41.420 Sen. Francis “Kiko” Pangilinan: Meron bang peso account ang Kale88 sa inyong bangko? 06:58:50.930 --> 06:58:51.440 Mario Cerilo M. De Mesa Jr.: Cale88? 06:58:51.440 --> 06:58:51.950 Sen. Francis “Kiko” Pangilinan: Cale88. 06:58:53.580 --> 06:58:55.400 Mario Cerilo M. De Mesa Jr.: Tignan ko po yung aking record sir. 06:58:55.400 --> 06:58:56.000 Sen. Francis “Kiko” Pangilinan: Yes please go ahead. 06:58:57.600 --> 06:58:58.480 Mario Cerilo M. De Mesa Jr.: Meron po sir. 06:59:00.270 --> 06:59:00.890 Mario Cerilo M. De Mesa Jr.: Meron po. 06:59:01.010 --> 06:59:09.910 Sen. Francis “Kiko” Pangilinan: Would you have kailan binuksan itong account na ito? Is it still active? At ilang mga account? 06:59:10.950 --> 06:59:16.890 Mario Cerilo M. De Mesa Jr.: Ang Cale88 po ay in-open po nung July 13, 2022. 06:59:17.730 --> 06:59:19.330 Sen. Francis “Kiko” Pangilinan: July 2022? 06:59:20.070 --> 06:59:22.520 Mario Cerilo M. De Mesa Jr.: Yes, sir. Isa lang po yung account po. 06:59:22.740 --> 06:59:24.480 Sen. Francis “Kiko” Pangilinan: Is it still an active peso account? 06:59:25.300 --> 06:59:26.620 Mario Cerilo M. De Mesa Jr.: Yes po, Your Honor. 06:59:27.000 --> 06:59:40.290 Sen. Francis “Kiko” Pangilinan: Would you have data on ending balances nung 2022, 2023, and 2024, as well as 2025? 06:59:43.600 --> 06:59:44.700 Mario Cerilo M. De Mesa Jr.: Meron po your honor. 06:59:44.820 --> 06:59:47.140 Sen. Francis “Kiko” Pangilinan: Can you place it on record please? 06:59:48.050 --> 06:59:50.890 Mario Cerilo M. De Mesa Jr.: Isa po ito sa isinamiti po ng bangko. Yes. 06:59:53.250 --> 07:00:22.680 Mario Cerilo M. De Mesa Jr.: Based po on our report, meron pong year-end balance noong 2022. P211,869.84 2023 P12,709.84 2024 P11,206.22 2025 P36,780.69 07:00:27.040 --> 07:00:42.860 Sen. Francis “Kiko” Pangilinan: Yung inflow ng pondos sa Cale88 is about 1.2 billion pesos. Pero ito ang ending balance from 2022. Walang milyon, ano? Any of them, no? 07:00:43.320 --> 07:00:46.220 Mario Cerilo M. De Mesa Jr.: Base po dito sa record po namin, Your Honor. 07:00:46.440 --> 07:00:53.560 Sen. Francis “Kiko” Pangilinan: Yes, so we would like to request the same request for our secretariat to cull the transactions. 07:00:56.150 --> 07:01:58.220 Sen. Francis “Kiko” Pangilinan: Based on the monthly entry of Cale88, just to have a better understanding of how much money went in, how much money went out, in the context also of, well, determining the flow of money. Sabi nga nila, you follow the money. So we just want to see the The bank monthly transactions to better understand. Gusto natin maintindihan eh. 1.2 billion yung pumasok according to AMLA records pero ang ending balance every year for since 2022, 2023, 2024 ay wala pang isang wala pang isang milyon. Meron pa 41,000. So we just want to understand. Based on yung bank records, what is going on. Maraming salamat. 07:02:00.600 --> 07:02:01.280 Sen. Francis "Chiz" G. Escudero: As long 07:02:01.280 --> 07:02:01.460 Sen. Francis "Chiz" G. Escudero: as 07:02:01.460 --> 07:02:01.600 Sen. Francis "Chiz" G. Escudero: it's 07:02:01.600 --> 07:02:01.980 Sen. Francis "Chiz" G. Escudero: part of 07:02:01.980 --> 07:02:02.080 Sen. Francis "Chiz" G. Escudero: the 07:02:02.080 --> 07:02:02.380 Sen. Francis "Chiz" G. Escudero: documents 07:02:02.380 --> 07:02:27.010 Sen. Francis "Chiz" G. Escudero: submitted by the witness, we shall do that. The clerk of court shall do that, shall endeavor to do that. With the same ruling, for all the senator judges to be furnished with a copy as well as the parties of whatever the clerk of court may call as requested by Senator Judge Pangilinan. If there are no other senator judges who wish to make an interjection, Mr. Jun, you are excused. Maraming salamat po sa inyong panahon sa pagsagot, sa 07:02:27.010 --> 07:02:27.970 Sen. Francis "Chiz" G. Escudero: mga katanungan, sa 07:02:27.970 --> 07:02:45.310 Sen. Francis "Chiz" G. Escudero: inyong pasensya, sa paghihintay, at sa inyong panahon. You are excused, sir. Thank you very much po. I was informed, Attorney James, that we are, you are rather, dispensing with the testimony of Mr. Manogid and Ms. Alvarillo. 07:02:45.690 --> 07:02:53.550 Atty. James Bryan Ibrahim A. Alih: Yes, your honor. Based on the direct examination that I just conducted this afternoon, I was able to get the necessary information that I want. 07:02:54.710 --> 07:02:59.050 Sen. Francis "Chiz" G. Escudero: The clerk of court is directed to the sergeant at arms to inform Mr. 07:03:03.140 --> 07:03:14.000 Sen. Francis "Chiz" G. Escudero: Marian Manogid and Patricia Ley Alvarillo that they are excused from the proceedings. At pakiparating na lang po yung aming pasasalamat sa kanila. Senator Judge, Sotto is recognized. 07:03:14.730 --> 07:03:15.990 Sen. Vicente C. Sotto III: Thank you, Mr. Poseidon. 07:03:15.990 --> 07:03:16.750 Sen. Francis "Chiz" G. Escudero: What is your pleasure, sir? 07:03:16.910 --> 07:03:20.010 Sen. Vicente C. Sotto III: Are we done with the witnesses from the 07:03:20.010 --> 07:03:20.450 Sen. Vicente C. Sotto III: banks? 07:03:20.450 --> 07:03:23.690 Sen. Francis "Chiz" G. Escudero: Yes, and we are proceeding to the insurance companies already. 07:03:24.210 --> 07:03:27.790 Sen. Vicente C. Sotto III: Before we do that, may I be allowed to ask a few questions to the prosecution? 07:03:28.670 --> 07:03:31.770 Sen. Francis "Chiz" G. Escudero: The gentleman may. You may proceed, sir. You have two minutes. 07:03:31.770 --> 07:03:32.570 Sen. Vicente C. Sotto III: Thank you very much. 07:03:34.190 --> 07:03:35.230 Sen. Vicente C. Sotto III: Attorney James. 07:03:35.230 --> 07:03:35.590 Atty. James Bryan Ibrahim A. Alih: Yes, sir. 07:03:36.030 --> 07:03:36.470 Sen. Vicente C. Sotto III: After 07:03:36.470 --> 07:03:51.380 Sen. Vicente C. Sotto III: all the witnesses that you have presented from several banks, Just to summarize for our reference, how many bank accounts in total under the respondents and her spouse? 07:03:52.460 --> 07:03:52.940 Atty. James Bryan Ibrahim A. Alih: Did 07:03:52.940 --> 07:03:53.700 Atty. James Bryan Ibrahim A. Alih: we count? 07:03:54.300 --> 07:03:57.600 Atty. James Bryan Ibrahim A. Alih: We have more than 30 bank accounts, sir. 07:03:57.600 --> 07:03:58.060 Sen. Vicente C. Sotto III: 30? 07:03:58.060 --> 07:03:59.720 Atty. James Bryan Ibrahim A. Alih: Yeah, more than 30. Yes, Your Honor. 07:04:01.690 --> 07:04:07.430 Sen. Vicente C. Sotto III: So, would you have a total of the combined ending balance for all the banks? 07:04:07.430 --> 07:04:07.910 Atty. James Bryan Ibrahim A. Alih: Yes. 07:04:07.910 --> 07:04:08.790 Sen. Vicente C. Sotto III: For total per year? 07:04:09.070 --> 07:04:14.530 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. In fact, I think we flash it. If you can just allow me, Your Honor, so that we can show. If the presiding 07:04:14.530 --> 07:04:16.150 Atty. James Bryan Ibrahim A. Alih: officer will allow, I will be... 07:04:16.150 --> 07:04:19.390 Sen. Francis "Chiz" G. Escudero: It's from a question of a senator-judge. 07:04:23.540 --> 07:04:27.000 Sen. Francis "Chiz" G. Escudero: Not that one. You're talking of all the banks... 07:04:27.000 --> 07:04:29.760 Sen. Vicente C. Sotto III: Yes, the total. Just the total of all the banks. 07:04:31.380 --> 07:04:33.600 Sen. Francis "Chiz" G. Escudero: You're talking all the banks per year? 07:04:33.960 --> 07:04:35.320 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. 07:04:35.320 --> 07:04:35.800 Sen. Francis "Chiz" G. Escudero: No, 07:04:35.980 --> 07:04:39.880 Sen. Francis "Chiz" G. Escudero: no, no. You had a table earlier. All the banks... 07:04:41.710 --> 07:04:45.010 Sen. Francis "Chiz" G. Escudero: Across all banks for the years 22 to 25. 07:04:45.310 --> 07:04:49.650 Atty. James Bryan Ibrahim A. Alih: What we have here, Your Honor, is the total of all the banks, if that would suffice, Your Honor. 07:04:49.650 --> 07:04:50.010 Sen. Francis "Chiz" G. Escudero: All 07:04:50.010 --> 07:04:50.450 Atty. James Bryan Ibrahim A. Alih: the banks. 07:04:50.450 --> 07:04:52.890 Sen. Francis "Chiz" G. Escudero: You had a total per bank. All the banks, exactly. 07:04:53.250 --> 07:04:53.790 Atty. James Bryan Ibrahim A. Alih: Opo. 07:04:53.790 --> 07:04:54.330 Sen. Vicente C. Sotto III: Yes. 07:04:54.330 --> 07:04:54.770 Sen. Francis "Chiz" G. Escudero: Is 07:04:54.770 --> 07:04:58.190 Sen. Francis "Chiz" G. Escudero: that what you're asking for, Senator Judge Sotto? 07:04:58.190 --> 07:04:59.010 Sen. Vicente C. Sotto III: Yes, Your Honor. 07:04:59.130 --> 07:05:00.150 Sen. Vicente C. Sotto III: Total per year 07:05:00.150 --> 07:05:01.150 Sen. Vicente C. Sotto III: for each bank. 07:05:01.430 --> 07:05:04.130 Sen. Francis "Chiz" G. Escudero: For all the banks. For all the banks. All 07:05:04.130 --> 07:05:05.790 Sen. Francis "Chiz" G. Escudero: the banks na para isang ano na lang. 07:05:05.890 --> 07:05:07.830 Sen. Francis "Chiz" G. Escudero: For all the banks. 07:05:07.830 --> 07:05:08.850 Sen. Vicente C. Sotto III: No, no, yung total. 07:05:35.990 --> 07:06:24.560 Atty. James Bryan Ibrahim A. Alih: For all the banks. Yung kanina. Ending balances of the vice president in 2022 of 59,024,726 pesos and 27 cents. In 2023, the total ending balances of all the accounts across eight banks is 71,381,223 pesos and 30 cents. In 2024, The total is 22,245,745.99. And lastly, your honor, if you'll allow me, 39 million for 2025. 39,092,037 pesos and 63 cents. 07:06:28.790 --> 07:06:29.170 Sen. Vicente C. Sotto III: Thank you, 07:06:29.210 --> 07:06:31.750 Sen. Vicente C. Sotto III: Tony James. Mr. Presiding Officer, thank you. I am satisfied. 07:06:31.950 --> 07:06:39.720 Sen. Francis "Chiz" G. Escudero: Thank you, Senator Judge Sotto. Can we now proceed to the... Senator Judge Kiko is recognized. What is your pleasure, sir? 07:06:40.300 --> 07:06:40.980 Sen. Francis “Kiko” Pangilinan: Yes, just an 07:06:40.980 --> 07:07:23.800 Sen. Francis “Kiko” Pangilinan: administrative matter because earlier the BPI witness testified and we requested for the calling of the bank transactions for BPI. Could we also include The Culling, if it appears in the bank records. I don't know if it will appear in the bank records. But there are 143 transactions, remittances, and mostly from Bank of the Philippine Islands as the receiving bank of the Chinese companies that remitted to Cale88. 07:07:26.260 --> 07:07:33.100 Sen. Francis “Kiko” Pangilinan: Total amount is 319 million. And therefore, we'd like to know. 07:07:33.100 --> 07:07:33.980 Sen. Francis "Chiz" G. Escudero: Which banks? 07:07:33.980 --> 07:07:34.860 Sen. Francis “Kiko” Pangilinan: Yes. 07:07:36.630 --> 07:07:40.020 Sen. Francis “Kiko” Pangilinan: BPI, Davao. 07:07:40.020 --> 07:07:45.500 Sen. Francis "Chiz" G. Escudero: I think we already have that document ready for the Senator Judge in a few minutes. 07:07:45.500 --> 07:07:47.520 Sen. Francis “Kiko” Pangilinan: Oh, okay. Mostly BPI. 07:07:49.130 --> 07:07:59.050 Sen. Francis "Chiz" G. Escudero: We will have that table for the good gentleman in a few minutes. We're preparing that already as requested by Senator Judge Miggs the other day to include the other countries as well. 07:07:59.070 --> 07:08:16.970 Sen. Francis “Kiko” Pangilinan: I had wanted to ask the BPI witness about the BPI, the post-recipient bank of all these Chinese transactions but I don't know if it's in the peso. He didn't also know whether it was in the peso account or the foreign currency account. 07:08:18.860 --> 07:08:24.570 Sen. Francis "Chiz" G. Escudero: If I remember correctly, the AMLC record showed both amounts in dollar and in peso. 07:08:24.710 --> 07:08:31.730 Sen. Francis “Kiko” Pangilinan: Yes, yes. So hopefully the calling will help us better understand these transactions that came from China. 07:08:32.210 --> 07:08:40.130 Sen. Francis "Chiz" G. Escudero: I initially saw it, Honorable Pangalinan, and it contained, the table will contain the amounts and the banks. Thank 07:08:40.130 --> 07:08:43.030 Sen. Francis “Kiko” Pangilinan: you. Thank you, Mr. Presiding Officer. 07:08:43.390 --> 07:08:46.530 Sen. Francis "Chiz" G. Escudero: Thank you. Next witness is Attorney Roman. 07:08:48.350 --> 07:08:50.630 Sen. Francis "Chiz" G. Escudero: of FWD Life Insurance. Your 07:08:50.630 --> 07:08:50.790 Atty. James Bryan Ibrahim A. Alih: Honor. 07:08:51.950 --> 07:08:52.730 Sen. Francis "Chiz" G. Escudero: Atty. Sheila. 07:08:52.730 --> 07:08:53.010 Atty. James Bryan Ibrahim A. Alih: Before 07:08:53.010 --> 07:08:59.750 Atty. James Bryan Ibrahim A. Alih: proceeding, Your Honor, may I turn over, Your Honor, as I am done with the banks, Your Honor, if you'll allow it. 07:09:00.470 --> 07:09:02.550 Sen. Francis "Chiz" G. Escudero: Who will handle the insurance companies? 07:09:04.850 --> 07:09:08.050 Atty. James Bryan Ibrahim A. Alih: Congressman Lord Dan Suwan, Your Honor. 07:09:09.650 --> 07:09:12.970 Sen. Francis "Chiz" G. Escudero: The Honorable Suan is recognized. Atty. Sheila, what is your pleasure, ma'am? 07:09:13.390 --> 07:09:14.910 Atty. Sheila C. Sison: Good afternoon, Your Honor. Good 07:09:14.910 --> 07:09:15.370 Sen. Francis "Chiz" G. Escudero: afternoon, ma'am. 07:09:17.340 --> 07:09:46.030 Atty. Sheila C. Sison: I respect that the senators, judges under the rules have a right to ask clarificatory questions to the witnesses. However, my manifestation that I would like to put on record today is in relation to the statement and the use of the term or the way that the gentleman from the prosecution 07:09:48.420 --> 07:09:54.780 Atty. Sheila C. Sison: Describe the table that was shown on the screen upon the request of the Honorable Senator Judge Itosoto. 07:09:54.780 --> 07:09:56.020 Sen. Francis "Chiz" G. Escudero: You may proceed, ma'am, with your manifestation. 07:09:56.480 --> 07:10:42.370 Atty. Sheila C. Sison: Yes, Your Honor. He mentioned that all these figures that were shown on screen were the year-end balances of the respondent, Your Honor. And I think he's aware and this Court is aware that we will never meet on this point. And so, in the interest of fairness, and so that the record conforms to the answers of the witnesses that we have heard, and since it is also apparent that this trial is far from over, since the respondent has not yet even begun presenting its evidence, then may I just put on record that we will not take that manifestation. 07:10:44.360 --> 07:11:20.100 Atty. Sheila C. Sison: The figures that he had shown belong or are owned by the respondent. At the very least, if the prosecution wants to maintain that description, I will ask this court that the same be made or be characterized as alleged, Your Honor. Otherwise, Your Honor, then there will be no point in this trial, Your Honor, if these figures... as stated by the prosecution will be accepted as is and as described. Thank you, 07:11:20.140 --> 07:11:35.720 Sen. Francis "Chiz" G. Escudero: Your Honor. If I may, I think earlier when Attorney Mike was the one standing, I forget which bank, Attorney James acceded to the term alleged to be used. Would that be correct? Do you confirm, Attorney James? 07:11:35.900 --> 07:11:37.180 Atty. James Bryan Ibrahim A. Alih: Yes, Your Honor. We have no 07:11:37.180 --> 07:11:37.720 Atty. James Bryan Ibrahim A. Alih: issue with that. 07:11:37.820 --> 07:11:47.560 Sen. Francis "Chiz" G. Escudero: Let the record therefore be changed and so reflect. The word alleged when Attorney James made reference to the figure shown on screen as requested by Senator Judge Sotto. 07:11:47.800 --> 07:11:48.420 Atty. Sheila C. Sison: Thank you, Your Honor. 07:11:51.200 --> 07:11:53.520 Sen. Francis "Chiz" G. Escudero: The Honorable Ridon is recognized. 07:11:55.460 --> 07:11:57.940 Sen. Francis "Chiz" G. Escudero: Rather, sorry, the Honorable Suwan is recognized. 07:11:58.560 --> 07:11:59.380 Rep. Lordan G. Suan: Thank you, Your Honors. 07:11:59.800 --> 07:12:01.400 Sen. Francis "Chiz" G. Escudero: You may rest, Attorney James. 07:12:07.790 --> 07:12:08.350 Sen. Francis "Chiz" G. Escudero: On 07:12:08.350 --> 07:12:10.450 Sen. Francis "Chiz" G. Escudero: the part of the respondent who will be 07:12:12.390 --> 07:12:13.850 Sen. Francis "Chiz" G. Escudero: Standing for the respondent? 07:12:14.250 --> 07:12:14.690 Atty. Carlo Joaquin T. Narvasa: It 07:12:14.690 --> 07:12:15.470 Atty. Carlo Joaquin T. Narvasa: will be I, Your Honor. 07:12:16.010 --> 07:12:16.790 Sen. Francis "Chiz" G. Escudero: Attorney CJ? 07:12:17.190 --> 07:12:17.670 Atty. Carlo Joaquin T. Narvasa: Yes, Your Honor. 07:12:18.110 --> 07:12:20.930 Sen. Francis "Chiz" G. Escudero: Kindly situate the witness, Attorney Roman, to the witness stand. 07:12:22.290 --> 07:12:22.730 Atty. Sheila C. Sison: Oh, 07:12:24.190 --> 07:12:25.670 Sen. Francis "Chiz" G. Escudero: I'm sorry. Hello. 07:12:27.690 --> 07:12:31.670 Sen. Francis "Chiz" G. Escudero: How do we call you, Attorney? How are you called? 07:12:33.210 --> 07:12:36.570 Atty. Juan Sotero Roman: Teroy. My nickname is Teroy, Your Honor. Attorney Teroy. 07:12:37.530 --> 07:12:42.500 Sen. Francis "Chiz" G. Escudero: Yes, kindly stand up. The clerk is directed to administer the oath. 07:12:44.450 --> 07:12:45.950 Atty. Renato N. Bantug Jr.: Sir, please raise your right hand. 07:12:47.700 --> 07:13:00.200 Atty. Renato N. Bantug Jr.: You, Juan Sotero Roman, do swear that the evidence you shall give in the case now pending between the Philippines and Vice President Cyrus Jim Ramon Duterte shall be the truth, the whole truth, and nothing but the truth. So help you God. 07:13:00.540 --> 07:13:01.020 Atty. Juan Sotero Roman: Yes, Your Honor. 07:13:01.990 --> 07:13:03.430 Sen. Francis "Chiz" G. Escudero: Kindly speak to the mic, sir. 07:13:03.770 --> 07:13:04.510 Atty. Juan Sotero Roman: Yes, Your Honor. 07:13:11.530 --> 07:13:12.170 Sen. Francis "Chiz" G. Escudero: Salamat po. 07:13:13.780 --> 07:13:15.460 Sen. Francis "Chiz" G. Escudero: Honorable Suan, your offer. 07:13:18.780 --> 07:14:04.600 Rep. Lordan G. Suan: May it please the Honorable Impeachment Court, the testimony of Attorney Teroy T. Ruman, the duly authorized representative of FWD Life Insurance Corporation or FWD Life, for brevity, is offered to establish the following. The witness is the authorized representative of FWD Life Insurance. Upang kilalanin At patunayan ang mga record ng FWD Life. May sapat na kaalaman at otoridad ang witness sa mga dokumentong isinumite ng kanyang kumpanya. May policy, may bayad, may record. Ang kumpanyang tumanggap ng pera ang magpapatunay. Number two. 07:14:07.520 --> 07:14:47.550 Rep. Lordan G. Suan: In May 2024, the respondent vice president's husband bought a 10.6 million pesos lump sum insurance investment. Patutunayan na noong May 25, 2024, kumuha si Atty. Manz R. Carpio ng insurance investment sa FWD Life na nagkakahalaga ng 10,600,000 pesos. Isang policy, isang bagsakan. 10,600,000 pesos. Tiyak ang halaga, tiyak ang pecha. Wala ito sa SALN ng Respondent Vice President. Number 3. 07:14:50.640 --> 07:15:11.920 Rep. Lordan G. Suan: Respondent Vice President's insurance alone was worth more than everything she declared as other personal properties in 2022. Kasama ng ebidensya mula sa ibang insurance companies, ipapakita ang agwat sa kanyang 2022 SALN. Sa kanyang SALN as of December 31, 2022, 07:15:14.550 --> 07:17:19.480 Rep. Lordan G. Suan: 250,000 pesos ang dineklara niyang kabuoang other personal properties. Pero halos 7 million pesos na ang acquisition cost ng kanyang insurance investments noon. Insurance pa lang lampas na at hindi pa kasama ang bank deposits, baril, at iba pang ari-arian. Number four, the acquisition cost of the insurance of Respondent Vice President's Husband was more than three times what she declared for him in 2022. Mas malaki pa ang agwat sa deklarasyon niya para sa kanyang asawa. Sa sale ng Respondent Vice President, 8,075,000 pesos ang idineklarang other personal properties ni Atty. Carpio. Pero hindi bababa sa 28,000,000 pesos Ang acquisition cost ng kanyang insurance investments. Halos 20 milyon pesos ang agwat. Kung insurance pa lang ay lampas na sa buong deklarasyon, nasaan ang iba pang ari-arian? Yan ang agwat na ihaharap ng prosecution bilang ebidensya ng tahasang hindi pagdideklara ng Respondent Vice President ng tunay na laki ng kanyang yaman at pag-aari sa kanyang SALN. Taliwas sa kautosan ng Constitution. Number 5, 4 SALNs, 4 non-declarations every single year for 4 years. Ihahambing ang insurance records sa mga SALN ng 2022, 2023, 2024, at 2025 upang patunayan ang patuloy at paulit-ulit na hindi buong pagdedeklara ng acquisition cost Nang kanilang insurance investments. Apat na taon, apat na pirma, apat na SALN, at taon-taon kulang ang deklarasyon. Number six, 07:17:21.200 --> 07:17:54.290 Rep. Lordan G. Suan: all documents and figures come from the insurance company's own records. Upang patunayan ang pagiging tunay at wastong pagkakagawa ng mga dokumento. Your Honors, may halaga ang bawat policy, may petsa ang bawat transaksyon. May pirma ang bawat SALN. Pagtatapatin natin ang mga yan. Ang SALN ay deklarasyon ng ari-arian. Hindi listahan ng gusto lang ipakita. Kung kayang magbaya ng milyon-milyon sa insurance, bakit hindi ito mailagay sa SALN? 07:18:11.280 --> 07:19:07.840 Atty. Carlo Joaquin T. Narvasa: Testimony of the prosecution, Your Honor. This would be improper. He is incompetent. As the first offer admitted, he is only testifying on the records of FWD. Whatever the testimony he would provide will only come from the record of his company and provide for only The insurance policies therein. However, Your Honor, the conclusions of law contained in, which I will not repeat, in the second, third, fourth, and fifth offers of testimony involve SALNs, which he would not have any personal knowledge of. And he would also not be able to provide any summation, conclusions, regarding the amounts thereon. As to the first 07:19:08.590 --> 07:19:11.310 Sen. Francis "Chiz" G. Escudero: Are you willing to stipulate the first to 07:19:12.820 --> 07:19:17.380 Sen. Francis "Chiz" G. Escudero: abbreviate this witness that he is who he says he is? 07:19:17.760 --> 07:19:22.580 Atty. Carlo Joaquin T. Narvasa: No, Your Honor. We would like the prosecutor to... 07:19:22.580 --> 07:19:28.540 Sen. Francis "Chiz" G. Escudero: Well, at least it will cover something to comment, Honorable Suwan, to the objection. And 07:19:28.540 --> 07:19:29.920 Atty. Carlo Joaquin T. Narvasa: subject to cross, of course, Your Honor. 07:19:29.980 --> 07:19:31.440 Sen. Francis "Chiz" G. Escudero: Raised by Attorney CJ. 07:19:31.940 --> 07:20:25.050 Rep. Lordan G. Suan: Your Honor, the defense cannot dictate how the prosecution sent its offer of testimony. and what the prosecution intends to prove through the testimony of this witness. And regarding the incompetence of the witness, yes, it is true that the witness does not have personal knowledge regarding the SALNs of the Vice President. That is why we will not be asking him about the SALNs of the Vice President. However, it is essential that the SALN be mentioned in our offer because it provides the baseline. for measuring the under-declaration of the respondent of her insurance investments, Your Honor. And with due respect, I think the Honorable Impeachment Court has already allowed conclusions of law in the offer when necessary. 07:20:30.470 --> 07:21:09.100 Sen. Francis "Chiz" G. Escudero: Forgive me, you just admitted that you used the offer to make conclusions of law although it will not be part of the direct examination of this witness. Because indeed, the witness has no personal knowledge and you can only call a witness to testify on, and I'm sure Attorney Teroy knows that too, on matters that he has personal knowledge of and also based on records. So, do I take it that you will not be asking any questions pertaining to the SALN of the Vice President in relation to this witness, Attorney Teroy, and that you only mentioned it in your offer? 07:21:09.520 --> 07:21:17.880 Rep. Lordan G. Suan: Yes, Your Honor. We will only be asking him about the insurance policies and investments of the Vice President and her husband. 07:21:18.700 --> 07:21:23.180 Atty. Carlo Joaquin T. Narvasa: Your Honor, then, with that admission, we move that the offers 07:21:25.170 --> 07:21:32.650 Atty. Carlo Joaquin T. Narvasa: stating the SALN, which are the second, the third, the fourth, and the fifth, be stricken off the record. And then we thank the honorable prosecutor. 07:21:33.310 --> 07:22:16.430 Sen. Francis "Chiz" G. Escudero: Attorney CJ, let it remain in the record, but the court will not allow questions to be asked in relation to the second, third, fourth, and fifth offer. With a reminder to the counsel for the panel of prosecutors, or the panel of prosecutors, that subsequent Prosecutors who will handle the subsequent insurance policy witnesses should avoid making an offer that will not be brought up with this witness. But on condition upon that, we will let the offer remain in the record for this particular witness. With your indulgence, Attorney CJ. 07:22:17.210 --> 07:22:17.970 Atty. Carlo Joaquin T. Narvasa: Of course, Your Honor. 07:22:18.050 --> 07:22:37.570 Sen. Francis "Chiz" G. Escudero: You may continue, you may proceed rather, Honorable Suan, with your direct, as instructed by the Presiding Officer, to focus on what the witness has personal knowledge over with respect to the policies obtained by the Vice President or her spouse from the company he belongs to. You may proceed, sir. Thank you. 07:22:37.650 --> 07:22:37.990 Rep. Lordan G. Suan: Thank you, Your Honor. 07:22:39.820 --> 07:22:49.240 Rep. Lordan G. Suan: Attorney, mayang ngapon. Maaari niyo po bang sabihin ang inyong buong pangalan? Posisyon at ang kumpanyang inyong kinakatawan? 07:22:49.980 --> 07:23:02.020 Atty. Juan Sotero Roman: Yes, Your Honor. Ako po si Atty. Juan Sotero Roman. I am the Chief Legal and Compliance Officer of FWD Life Insurance Corporation, Your Honor. 07:23:03.730 --> 07:23:12.110 Rep. Lordan G. Suan: Sir, bago po kayo naging konektado sa FWD, saan po kayo nagtrabaho, whether sa private man or sa gobyerno? 07:23:13.730 --> 07:23:22.710 Atty. Juan Sotero Roman: I came from the other life insurance companies before I became a member of the FWD Life Insurance Corporation, Your Honor. 07:23:23.250 --> 07:23:31.170 Rep. Lordan G. Suan: Ano po ang inyong mga tungkulin at responsibilidad sa nasabing posisyon sa inyong kasalukuyang kompanya po? 07:23:31.450 --> 07:23:38.650 Atty. Juan Sotero Roman: I oversee the compliance of the company for all laws and regulations. 07:23:40.380 --> 07:23:44.640 Atty. Juan Sotero Roman: that are pertinent to the insurance business of our company, Your Honor. 07:23:45.950 --> 07:23:50.730 Rep. Lordan G. Suan: Ano po ang dahilan ng inyong pagharap dito ngayong araw sa kagalanggalang hukuman ito? 07:23:51.270 --> 07:24:00.870 Atty. Juan Sotero Roman: In my capacity as Chief Legal and Compliance Officer, I have access to the records of the company covering its clients, Your Honor. 07:24:01.430 --> 07:24:03.590 Rep. Lordan G. Suan: Do you have those records here with you? 07:24:04.590 --> 07:24:13.880 Atty. Juan Sotero Roman: If I may open my... for this specific... Covered by the Supina. I have my folder here. 07:24:13.880 --> 07:24:14.020 Sen. Francis "Chiz" G. Escudero: You 07:24:14.020 --> 07:24:28.640 Sen. Francis "Chiz" G. Escudero: may do so, Attorney Teroy. Assisting Counsels may also approach. Continuing authority, as the Chair stated earlier, has been granted. To whomsoever Assisting Counsel, the respective parties will assign to a particular witness, to approach the witness. 07:24:31.170 --> 07:24:34.710 Rep. Lordan G. Suan: So, Mr. Witness, pakisuri po ng mga dokumentong yan? 07:24:36.170 --> 07:24:44.560 Atty. Juan Sotero Roman: Yes, Your Honor. This is the compliance. by the company to the subpoena duces tecum dated August 27, Your Honor. 07:24:45.090 --> 07:24:45.650 Rep. Lordan G. Suan: Okay. 07:24:47.860 --> 07:25:03.790 Rep. Lordan G. Suan: Sige, Mr. Witness, punta na po tayo ngayon sa exhibits P-Roman numeral 2-8-14-1-13 FWD at 14-2-3 FWD po. 07:25:04.490 --> 07:25:07.290 Atty. Juan Sotero Roman: Your Honor, if I may, I'll just look for it. 07:25:09.870 --> 07:25:10.450 Atty. Juan Sotero Roman: Where is that? 07:25:10.590 --> 07:25:19.350 Sen. Francis "Chiz" G. Escudero: Assisting counsel will kindly assist the witness with respect to the exhibits referred to by the Honorable Suan. 07:25:19.670 --> 07:25:22.670 Atty. Juan Sotero Roman: So I have the exhibit, Your Honor. 07:25:23.670 --> 07:25:27.450 Rep. Lordan G. Suan: Sir, sino po ang policyholder ng insurance investment na to? 07:25:28.090 --> 07:25:35.490 Atty. Juan Sotero Roman: The named policy owner for the record is Mr. Manases R. Reyes Carpio, Your Honor. 07:25:36.270 --> 07:25:39.250 Rep. Lordan G. Suan: Kailan po kinuha ang insurance investment na yan? 07:25:40.540 --> 07:25:46.880 Atty. Juan Sotero Roman: The date of the record, Your Honor, reflects 5-16-2024, Your Honor. 07:25:48.320 --> 07:25:57.260 Rep. Lordan G. Suan: So, Sir, base po sa mga dokumento na nasa iyo, magkano po ang total insurance premium na binayad ng policyholder? 07:25:57.760 --> 07:26:04.200 Atty. Juan Sotero Roman: The record reflects, Your Honor, 10,600,000 pesos, Your Honor. 07:26:06.210 --> 07:26:13.810 Rep. Lordan G. Suan: 10,600,000 pesos. Gano'ng kalaking pera ang pwedeng ipasok? Bilang premium sa isang insurance policy. 07:26:13.810 --> 07:26:14.490 Atty. Carlo Joaquin T. Narvasa: Objection, Your Honor. 07:26:15.810 --> 07:26:21.050 Atty. Carlo Joaquin T. Narvasa: That would be speculative and vague. I don't understand what you're asking for. 07:26:22.150 --> 07:26:30.170 Sen. Francis "Chiz" G. Escudero: I'll allow it, Atty. CJ. If he knows, how much would be the premium for a 10.6 million policy? Is this the face value of the policy, Atty. Teroy? 07:26:30.870 --> 07:26:35.730 Atty. Juan Sotero Roman: Your Honor, this is already the premium paid to the company, Your Honor. 07:26:35.730 --> 07:26:37.670 Sen. Francis "Chiz" G. Escudero: And that's also the face value of the insurance? 07:26:38.270 --> 07:26:44.890 Atty. Juan Sotero Roman: The face value, your honor, or the sum assured is 13,250,000, your honor. 07:26:44.990 --> 07:26:49.350 Sen. Francis "Chiz" G. Escudero: 1, 3. So ang binayad, 10.6. Ang binibiling policy is 13. 07:26:50.170 --> 07:26:51.520 Atty. Juan Sotero Roman: 250,000, your honor. 07:26:51.520 --> 07:26:51.800 Sen. Francis "Chiz" G. Escudero: 13.2. 07:26:51.890 --> 07:26:52.270 Atty. Juan Sotero Roman: Yes. 07:26:52.390 --> 07:26:52.930 Sen. Francis "Chiz" G. Escudero: Okay. 07:26:54.000 --> 07:26:54.540 Atty. Juan Sotero Roman: So, 07:26:54.640 --> 07:26:58.060 Rep. Lordan G. Suan: pwede bang million-million, isang bagsakan? 07:27:00.510 --> 07:27:06.950 Rep. Lordan G. Suan: Yung pagbili ng insurance policy po. Please 07:27:06.950 --> 07:27:07.190 Sen. Francis "Chiz" G. Escudero: answer, 07:27:07.310 --> 07:27:07.770 Sen. Francis "Chiz" G. Escudero: Atty. Teroy. 07:27:08.650 --> 07:27:16.150 Atty. Juan Sotero Roman: Yes, Your Honor, but I'm only reading the record based on the exhibits. 07:27:16.290 --> 07:27:21.820 Sen. Francis "Chiz" G. Escudero: Mas gusto niyo nga yun, di ba? Ano mas gusto niyo, Atty. Teroy? Malaki yung premium o mababang premium? 07:27:22.720 --> 07:27:27.560 Atty. Juan Sotero Roman: Your Honor, we're here to determine the financial needs of the client, Your Honor. 07:27:32.490 --> 07:27:39.710 Sen. Francis "Chiz" G. Escudero: Just like your answer earlier, Attorney Terry, that you came from the other insurance company without mentioning the others. Kindly 07:27:39.710 --> 07:27:41.470 Sen. Francis "Chiz" G. Escudero: proceed, Honorable Suan. 07:27:41.470 --> 07:27:48.830 Rep. Lordan G. Suan: Sir, ano po ang limitasyon ng halagang maaaring ilagay sa isang insurance policy sa isang payment? 07:27:49.680 --> 07:27:56.540 Atty. Juan Sotero Roman: That would be dependent, Your Honor, on the type of product purchased, Your Honor. 07:27:57.720 --> 07:28:00.680 Rep. Lordan G. Suan: Ano pong pinaka-common na product na pinapurchase? 07:28:01.390 --> 07:28:05.330 Atty. Juan Sotero Roman: The common product would be a death benefit or a life insurance. 07:28:07.360 --> 07:28:18.140 Rep. Lordan G. Suan: Ano-ano pong beneficio o financial value ang maaaring makuha ng policyholder mula sa policy na ito bukod ng insurance? 07:28:19.420 --> 07:28:40.080 Atty. Juan Sotero Roman: This has a sum assured of 13,250,000, Your Honor. And if I may just peruse the exhibits, Your Honor. Under the contract, your honor, this policy also has a payout feature, your honor. 07:28:41.560 --> 07:28:43.920 Rep. Lordan G. Suan: Yung payout feature, yan ba yung investment? 07:28:45.400 --> 07:28:52.380 Atty. Juan Sotero Roman: It's a part of the features of the investment aspect, your honor, of this life insurance product. 07:28:52.860 --> 07:28:59.180 Rep. Lordan G. Suan: So kung meron kang ilalagay na 10.6 million pesos, meron kang expectation na lalaki yung pera? 07:29:02.760 --> 07:29:11.500 Atty. Juan Sotero Roman: The expectation, your honor, is there. But the payouts are not guaranteed, your honor, because it is in the nature of an investment, your honor. 07:29:12.320 --> 07:29:17.870 Rep. Lordan G. Suan: Sir, kapag gusto nang kunin ng cash value, gaano kabilis ito makukuha? 07:29:19.560 --> 07:29:32.560 Atty. Juan Sotero Roman: If you're referring, your honor, to any withdrawal, upon the instruction of the client, they can withdraw the Value of the policy, Your Honor. 07:29:32.860 --> 07:29:34.760 Rep. Lordan G. Suan: Gano po kabilis makukuha, Sir? 07:29:36.090 --> 07:29:46.390 Atty. Juan Sotero Roman: If they instruct 3 or 5 business days, Your Honor, they will already be receiving the return of the money, Your Honor. 07:29:47.030 --> 07:29:52.850 Rep. Lordan G. Suan: At ano po ang mga kondisyon or kaltas kung kukuni na ang cash value? 07:29:54.250 --> 07:30:04.060 Atty. Juan Sotero Roman: Meron po mga surrender charges. Depende po on the year or the time that the client instructs withdrawal of the policy, Your Honor. 07:30:04.280 --> 07:30:07.560 Sen. Francis "Chiz" G. Escudero: With your indulgence, Attorney [unclear], you're referring to the cash surrender value, correct? 07:30:07.740 --> 07:30:11.760 Atty. Juan Sotero Roman: I'm referring, Your Honor, to the withdrawal value, Your Honor. 07:30:12.080 --> 07:30:16.740 Sen. Francis "Chiz" G. Escudero: Which is different from the cash surrender value of an insurance policy, if you cut it short? 07:30:16.740 --> 07:30:18.060 Atty. Juan Sotero Roman: A cash 07:30:18.060 --> 07:30:31.300 Atty. Juan Sotero Roman: surrender value apologies are for the traditional life insurance product. For this type of policy, which is a unit-linked product. We usually call it po a withdrawal value. 07:30:31.600 --> 07:30:34.680 Sen. Francis "Chiz" G. Escudero: Which is equivalent to the amount of the premium paid or smaller? 07:30:35.080 --> 07:30:44.960 Atty. Juan Sotero Roman: Which depending on the market, Your Honor, where the fund is invested may go higher or lower than the premiums paid, Your Honor. 07:30:44.960 --> 07:30:45.180 Sen. Francis "Chiz" G. Escudero: Okay, 07:30:45.240 --> 07:30:47.720 Sen. Francis "Chiz" G. Escudero: thank you. Your Witness, Honorable Suan. 07:30:47.900 --> 07:31:06.620 Rep. Lordan G. Suan: Thank you, Your Honor. Sir, base po sa experience niyo o kaya naman sa anti-money laundering training niyo, kung meron man, Paano po pwedeng abusoy ng isang insurance policy para matakpan kung saan talaga galing ang pera o kung sino talaga ang mayari nito? 07:31:06.620 --> 07:31:07.280 Atty. Carlo Joaquin T. Narvasa: Objection, Your 07:31:07.280 --> 07:31:13.460 Atty. Carlo Joaquin T. Narvasa: Honor. Speculative and he calls for a conclusion and he would be incompetent, of course, Attorney. If he knows, Your Honor. 07:31:13.620 --> 07:31:19.080 Sen. Francis "Chiz" G. Escudero: I would have to sustain the objection, Honorable Suan. Move on to your next point. 07:31:20.540 --> 07:31:32.950 Rep. Lordan G. Suan: Kung iligal ang pinanggalingan ng pera, ipinasok sa insurance at kalaunan ay inilabas bilang payout. Pwede po bang magmukhang lehiti mo dahil insurance company ang nagbayad? 07:31:32.950 --> 07:31:34.290 Atty. Carlo Joaquin T. Narvasa: Same objection, Your Honor. 07:31:37.960 --> 07:31:40.100 Rep. Lordan G. Suan: It's a different question, Your Honor. 07:31:40.320 --> 07:31:41.340 Atty. Carlo Joaquin T. Narvasa: Same objection. 07:31:41.600 --> 07:31:46.940 Sen. Francis "Chiz" G. Escudero: Apologies, counsels. Yes, can you repeat your question? Can you repeat your question, Honorable Suan? 07:31:47.850 --> 07:32:00.650 Rep. Lordan G. Suan: Kung iligal ang pinanggalingan ng pera, ipinasok sa insurance, at kalaunan ay inilabas bilang payout, pwede po bang magmukhang lehiti mo dahil insurance company ang nagbayad? 07:32:00.940 --> 07:32:07.340 Sen. Francis "Chiz" G. Escudero: It would be speculative in no basis. You don't have to listen to the objection of the Honorable Attorney CJ. 07:32:08.250 --> 07:32:08.970 Atty. Carlo Joaquin T. Narvasa: Thank you. 07:32:09.090 --> 07:32:11.070 Sen. Francis "Chiz" G. Escudero: But did you say that? 07:32:11.070 --> 07:32:12.920 Atty. Juan Sotero Roman: Yes, Your Honor. 07:32:12.920 --> 07:32:15.340 Sen. Francis "Chiz" G. Escudero: Please move on, Honorable Suwan. 07:32:15.800 --> 07:32:27.980 Rep. Lordan G. Suan: Finally, Sir, itong 10.6 million pesos po na insurance investment ng asawa ng respondent, ano po ang status nito ngayon? Ano po siya? 07:32:27.980 --> 07:32:29.140 Atty. Juan Sotero Roman: Active po. 07:32:29.140 --> 07:32:31.650 Rep. Lordan G. Suan: Okay. No further questions, your honor. 07:32:31.930 --> 07:32:33.430 Sen. Francis "Chiz" G. Escudero: Any cross, attorney CJ? 07:32:33.430 --> 07:32:33.910 Atty. Carlo Joaquin T. Narvasa: Just a few, 07:32:33.970 --> 07:32:34.070 Atty. Carlo Joaquin T. Narvasa: your 07:32:34.070 --> 07:32:34.410 Atty. Carlo Joaquin T. Narvasa: honor. 07:32:34.410 --> 07:32:35.270 Sen. Francis "Chiz" G. Escudero: You may proceed when you're ready. 07:32:36.610 --> 07:32:38.510 Atty. Carlo Joaquin T. Narvasa: Good afternoon po, attorney. 07:32:38.510 --> 07:32:39.570 Atty. Juan Sotero Roman: Good afternoon, sir. 07:32:39.570 --> 07:32:43.710 Atty. Carlo Joaquin T. Narvasa: You'd have to forgive me because I'm not as well-versed in insurance law as you are, sir. 07:32:45.960 --> 07:32:51.780 Atty. Carlo Joaquin T. Narvasa: May I show you section 3 of Republic Act number 10607, sir? 07:32:54.540 --> 07:32:56.480 Atty. Carlo Joaquin T. Narvasa: I will be flashing it on the screen. 07:32:59.790 --> 07:33:02.790 Atty. Carlo Joaquin T. Narvasa: May I request that this be flashed on the screen, sir? 07:33:04.970 --> 07:33:08.690 Sen. Francis "Chiz" G. Escudero: The tech is instructed to kindly flash 07:33:10.320 --> 07:33:16.710 Sen. Francis "Chiz" G. Escudero: the requested slide of attorney Cesar. 07:33:16.710 --> 07:33:18.790 Atty. Carlo Joaquin T. Narvasa: Sir, you'd have to help me out a little. Thank you, sir. 07:33:36.490 --> 07:34:06.270 Atty. Carlo Joaquin T. Narvasa: Sir, I'll just read the second paragraph there, alright? It says, Section 3. The consent of the spouse is not necessary for the validity of an insurance policy taken out by a married person on his or her life. or that of his children. Sir, my question is this. A married applicant can take out insurance on his own life without obtaining his spouse's consent or participation. Correct, sir? 07:34:09.920 --> 07:34:13.800 Atty. Carlo Joaquin T. Narvasa: The second paragraph, sir. Of section 3. 07:34:14.000 --> 07:34:20.980 Atty. Juan Sotero Roman: The section 3, it would be consent of the spouse is not necessary, Your Honor. 07:34:20.980 --> 07:34:21.660 Atty. Carlo Joaquin T. Narvasa: Thank you. 07:34:22.460 --> 07:34:24.020 Sen. Francis "Chiz" G. Escudero: What law is this, Attorney CJ? 07:34:24.460 --> 07:34:30.780 Atty. Carlo Joaquin T. Narvasa: Sir, your honor, Republic Act number 10607 or the amendments to the insurance code. 07:34:30.780 --> 07:34:32.410 Sen. Francis "Chiz" G. Escudero: Okay. 07:34:32.410 --> 07:34:35.370 Atty. Carlo Joaquin T. Narvasa: Sir, let's go to section 11 of the same law. 07:34:42.380 --> 07:34:44.740 Atty. Carlo Joaquin T. Narvasa: Tech, please scroll. Section 11. 07:34:48.780 --> 07:35:08.720 Atty. Carlo Joaquin T. Narvasa: I shall read for your ease, sir. The insured shall have the right to change the beneficiary he designated in the policy unless he has expressly waived the right in said policy. This sir pertains to a revocable beneficiary, correct sir? 07:35:08.720 --> 07:35:10.840 Atty. Juan Sotero Roman: That's my understanding, your honor. 07:35:10.840 --> 07:35:16.540 Atty. Carlo Joaquin T. Narvasa: And sir, a policyholder may name a beneficiary without informing that person, correct? 07:35:18.700 --> 07:35:20.360 Atty. Juan Sotero Roman: That's my understanding, your honor. 07:35:20.360 --> 07:35:31.200 Atty. Carlo Joaquin T. Narvasa: And sir, based on that, it is the right of a policyholder also to change a revocable beneficiary without informing him or her, correct? 07:35:31.200 --> 07:35:35.010 Atty. Juan Sotero Roman: That is my understanding, your honor. based on section 11. 07:35:35.010 --> 07:35:35.230 Atty. Carlo Joaquin T. Narvasa: Thank 07:35:35.230 --> 07:35:35.490 Atty. Carlo Joaquin T. Narvasa: you. 07:35:35.490 --> 07:35:35.930 Atty. Juan Sotero Roman: Thank 07:35:35.930 --> 07:35:37.890 Atty. Carlo Joaquin T. Narvasa: you, sir. No further questions, sir. 07:35:39.760 --> 07:35:41.040 Atty. Carlo Joaquin T. Narvasa: No further questions, Your Honor. 07:35:43.500 --> 07:35:58.450 Sen. Francis "Chiz" G. Escudero: The Senate President is... Senator Judge Erwin Tulfo is recognized. You may proceed, sir, with your interjection. I'm sorry. I'm sorry, Senator Judge Erwin. Any redirect on the part of the Honorable Suan? 07:35:58.810 --> 07:35:59.510 Rep. Lordan G. Suan: No redirect, 07:35:59.930 --> 07:36:00.570 Rep. Lordan G. Suan: Your Honor. 07:36:00.570 --> 07:36:02.450 Sen. Francis "Chiz" G. Escudero: Thank you. In that case, Senator Judge Erwin. 07:36:05.120 --> 07:36:08.700 Sen. Francis "Chiz" G. Escudero: Apologies for the confusion. You may proceed, sir, when you're ready. 07:36:08.880 --> 07:36:10.500 Sen. Erwin Tulfo: Thank you, presiding officer. 07:36:12.040 --> 07:36:28.280 Sen. Erwin Tulfo: Mr. Witness, mahalaga ba sa insurance company ang source of funds ng isang malaking premium? Or it doesn't matter? Kasi kailangan natin magbenta ng insurance, di ba ba? Talagang binabalik-balikan pa nga natin yung tao. 07:36:29.940 --> 07:36:36.120 Sen. Erwin Tulfo: Do you factor that kung ika nga yung source of funds ng kliyente? 07:36:37.510 --> 07:36:42.670 Atty. Juan Sotero Roman: Yes, Your Honor, because the applicant must pay for the premium, Your Honor. 07:36:42.830 --> 07:36:53.150 Sen. Erwin Tulfo: Okay. Do you also factor if it's a public official or asawa ng public official na kumukuha ng insurance investment? Or it doesn't matter? 07:36:55.710 --> 07:37:03.690 Atty. Juan Sotero Roman: Together with the other factors related to identification, Your Honor, of the applicant, it is part of our process, Your Honor. 07:37:03.890 --> 07:37:07.390 Sen. Erwin Tulfo: So it is important na may perang pambayad ang policyholder? 07:37:08.460 --> 07:37:14.860 Atty. Juan Sotero Roman: That the application form is usually accompanied, Your Honor, with the payment of the premium. Pero it doesn't 07:37:14.860 --> 07:37:21.440 Sen. Erwin Tulfo: matter? You do not care kung saan manggagaling yung perang pambayad niya? Is this correct? 07:37:21.440 --> 07:37:22.000 Atty. Juan Sotero Roman: We 07:37:22.000 --> 07:37:31.730 Atty. Juan Sotero Roman: conduct Our due diligence on the applicant and the funds, Your Honor, that accompanies the premium policy. 07:37:31.990 --> 07:37:38.050 Sen. Erwin Tulfo: So that's you do para malaman kung legitimate ang source ng funding? 07:37:38.590 --> 07:37:43.550 Atty. Juan Sotero Roman: We identify the source, Your Honor, based on the records available to us. 07:37:43.670 --> 07:37:49.630 Sen. Erwin Tulfo: Do you ask the policyholder or yung kliyente? Do you ask them ano ang source of income mo? 07:37:51.020 --> 07:38:02.480 Atty. Juan Sotero Roman: In the application form that will be filled out by the client, they will say their occupation and their source of funds, Your Honor. 07:38:02.640 --> 07:38:09.500 Sen. Erwin Tulfo: So is it safe to say na relevant ang pagsusuri ng financial capacity nung kukuha ng insurance? 07:38:11.960 --> 07:38:17.400 Atty. Juan Sotero Roman: That factor, Your Honor, is part of our due diligence, yes. 07:38:18.990 --> 07:38:29.950 Sen. Erwin Tulfo: Hindi tugma ang transaction sa non-financial profile ng customer. Iri-red flag ho ba yun? Or hindi ninyo itutuloy yung pagbibenta ng 07:38:29.950 --> 07:38:31.650 Sen. Erwin Tulfo: insurance? 07:38:31.650 --> 07:38:43.570 Atty. Juan Sotero Roman: In a hypothetical case of when that happens, Your Honor, we will conduct further due diligence on the application before we accept the insurance. 07:38:44.650 --> 07:38:55.350 Sen. Erwin Tulfo: Nangyari na po ba sa company nyo na gano'n na duda kayo sa kaduda-duda na baka kung saan galing yung pambayad na tinanggihanan ninyo o wala pa? Parang wala pa ako naririnig na gano'n. 07:38:56.610 --> 07:39:09.820 Atty. Juan Sotero Roman: Your Honor, we're mindful of the anti-money laundering law on tipping off and to comply with all of the regulations related to identification. 07:39:13.740 --> 07:39:14.860 Atty. Juan Sotero Roman: All right. 07:39:14.940 --> 07:39:33.040 Sen. Erwin Tulfo: Alam niyo naman po na prominenteng tao ang involved nung kumuha po ng insurance and how he is related to, well, hindi pa siya vice president yata dati or she's already vice president. Alam niyo naman po yun. Tama po ba yan? 07:39:35.100 --> 07:39:42.780 Atty. Juan Sotero Roman: We are aware, Your Honor, of the status of Mr. Maneses R. Carpio in the public, Your Honor. 07:39:42.960 --> 07:39:50.760 Sen. Erwin Tulfo: Alright. Sir, bakit sako po ng anti-money laundering control sa insurance industry? Why is that, in your own opinion? 07:39:52.140 --> 07:40:08.860 Atty. Juan Sotero Roman: In my opinion, Your Honor, any financial institution who receives money from the public is a, what we call it, proper person. to be covered by anti-money laundering law, Your Honor. 07:40:09.080 --> 07:40:17.680 Sen. Erwin Tulfo: Is the right answer dahil maaring gamitin ng insurance products upang magpasok at mag-store ng substantial funds? Could that be one of the reasons? 07:40:19.850 --> 07:40:28.730 Atty. Juan Sotero Roman: Under the anti-money laundering law, there are predicate offenses, Your Honor. So my answer there would be... That is maybe one of the reasons, Your Honor. 07:40:28.930 --> 07:40:38.150 Sen. Erwin Tulfo: Sa money laundering po, ano ang significance ng pagpasok ng pera sa isang insurance product at paglabas nito later as proceeds? Would you happen to know? 07:40:39.450 --> 07:40:46.190 Atty. Juan Sotero Roman: In money laundering law, Your Honor, there's placement or the cash that is put in the financial 07:40:47.740 --> 07:41:02.860 Atty. Juan Sotero Roman: Industry, which includes insurance, layering wherein it passes through one financial institution to another, and of course, ultimately, integration where the proceeds or the withdrawal value will be turning into cash, Your Honor. 07:41:03.120 --> 07:41:09.080 Sen. Erwin Tulfo: May limitations po ba bilang ng insurance policies na maaaring kunin ng isang 07:41:09.080 --> 07:41:12.300 Atty. Juan Sotero Roman: tao? Depende, Your Honor, on the 07:41:16.670 --> 07:41:23.390 Sen. Erwin Tulfo: Occupation, source of funds. I would understand the answer there is there are limitations, Your Honor. 07:41:23.930 --> 07:41:44.110 Sen. Erwin Tulfo: Last question, Mr. Presiding Officer. Can you detect na pag kumuha po ng policy, money laundering na pala nilalabhan nila nila o ng mga tao yung pera through insurance companies that it is already part of the money laundering scheme? Namumonitor nyo ba na yun? Natatrack ninyo? If so, what do you do? 07:41:44.600 --> 07:42:04.180 Atty. Juan Sotero Roman: Your Honor, under the anti-money laundering law, we are obligated to have indicators to determine if there are what you would call suspicious or unusual aspects of an applicant when they try to purchase insurance from us, Your Honor. 07:42:04.320 --> 07:42:17.540 Sen. Erwin Tulfo: But what do you do? For example, talagang suspected na... Nilo-launder yung pera, nililinis sa pamagitan ng pagkuhan po ng policies for investment. What will you do? 07:42:18.800 --> 07:42:38.620 Atty. Juan Sotero Roman: At point of our application, Your Honor, we may not be able to determine if it is money laundering as will be defined by a court of proper jurisdiction. We, however, have a mandate from the Anti-Money Laundering Council and the Insurance Commission to identify the 07:43:02.780 --> 07:43:03.140 Atty. Juan Sotero Roman: So 07:43:03.140 --> 07:43:06.560 Sen. Erwin Tulfo: kahit na alam po ninyo, pero kung wala pong court order, you will not do anything. 07:43:08.510 --> 07:43:12.710 Atty. Juan Sotero Roman: If your honor, the court will order. 07:43:12.710 --> 07:43:19.790 Sen. Erwin Tulfo: As long as wala pong order ang court na may money laundering doon nakikita na ninyo dyan, wala po kayong gagawin. 07:43:19.910 --> 07:43:29.990 Atty. Juan Sotero Roman: As we view, when we say that there is money laundering, that would mean that a court of competent jurisdiction has already proved. 07:43:30.430 --> 07:43:41.490 Sen. Erwin Tulfo: But how would the court know, sir, kung hindi po kayo magre-report, hindi po ninyo titignan? Hindi po ba, I think, mauna muna makikita ninyo bago yung court because kahawak po ninyo, you will look in there. 07:43:41.750 --> 07:44:13.880 Sen. Francis "Chiz" G. Escudero: With the permission of Senator Judge Tulfo, insurance companies are covered institutions under the anti-money laundering law. If they find any transaction in excess of the threshold or found to be suspicious, they are mandated by the law. To report those transactions, but that's as far as it goes. Unless, as Attorney Terry said, a court of competent jurisdiction shall have already found the money for money laundering to have existed in that particular transaction. But they will report it, correct, Attorney Terry? 07:44:14.480 --> 07:44:15.540 Atty. Juan Sotero Roman: Yes, Your Honor. 07:44:15.540 --> 07:44:19.100 Sen. Francis "Chiz" G. Escudero: They will just report it to the Presiding Officer, but they will not terminate the contract, right? 07:44:19.360 --> 07:44:29.090 Sen. Francis "Chiz" G. Escudero: Because there is no determination yet by a court of competent jurisdiction in that regard. If they do that, they will be sued by the policyholder, I suppose. 07:44:45.050 --> 07:45:35.280 Sen. Sherwin T. Gatchalian: Hindi katulad ng mga bank deposits na very clear. Bank deposits, cash yan. Itong mga insurance policies, nag-evolve na kasi sila. At marami sa ating mga kababayan, hindi masyadong kabisado kung ano itong insurance policies na nag-evolve na into, sabi nyo kanina, variable unit link insurance. Gusto kong ma-educate para ma-educate rin yung mga kababayan natin. Kanina ay pinakita po na yung premium ay 10.6 million pesos. At nasabi rin kanina na ibabalik ito at one point at 13.200 million pesos. So ang ibig sabihin ba nito ho, guarantee na yung 13.2 million pesos na ibabalik? 07:45:36.740 --> 07:45:51.520 Atty. Juan Sotero Roman: Your Honor, the sum assured reflects the amount payable. When the covered event occurs in a life insurance policy, the covered event po is the death of the named insured. 07:45:51.880 --> 07:45:59.460 Sen. Sherwin T. Gatchalian: So, ibig sabihin kung may yung beneficiary pag namatay, makukuha niya 13.2 million pesos? 07:45:59.980 --> 07:46:03.160 Atty. Juan Sotero Roman: 13,250,000 pesos, your honor. 07:46:03.200 --> 07:46:03.540 Sen. Sherwin T. Gatchalian: Yes, oo. 07:46:05.120 --> 07:46:12.000 Sen. Sherwin T. Gatchalian: Yung 10 million naman, 0.6, ito ba ay pwedeng bumaba? O pwede pang lumaki? 07:46:13.820 --> 07:46:15.060 Atty. Juan Sotero Roman: Yes, Your Honor. 07:46:15.060 --> 07:46:16.020 Sen. Sherwin T. Gatchalian: Pwede siyang bumaba? 07:46:16.020 --> 07:46:16.440 Atty. Juan Sotero Roman: Apo. 07:46:21.400 --> 07:46:31.200 Sen. Sherwin T. Gatchalian: Dito sa policy ninyo nakita ko ang benefit period is age 100. Anong ibig sabihin nun? 07:46:32.340 --> 07:46:37.300 Atty. Juan Sotero Roman: The person is covered up to the age of 100, Your Honor. 07:46:37.580 --> 07:46:49.980 Sen. Sherwin T. Gatchalian: Okay. At dito rin nakita ko na Yung single premium payable is 10.6 million pesos. So ibig sabihin, ito yung halaga na ibinayad ng policyholder. 07:46:50.320 --> 07:46:51.320 Atty. Juan Sotero Roman: Yes, Your Honor. 07:46:51.600 --> 07:46:53.560 Sen. Sherwin T. Gatchalian: Ito ba ay pwede nating matawag asset? 07:46:57.370 --> 07:47:03.510 Sen. Sherwin T. Gatchalian: Itong 10.6 million pesos, is this considered asset of a person, yung policyholder? 07:47:03.830 --> 07:47:15.860 Atty. Juan Sotero Roman: A financial product, Your Honor, is a specie of personal property. and therefore it can be an asset depending of course on other factors. 07:47:16.120 --> 07:47:22.100 Sen. Sherwin T. Gatchalian: Yes, but for this particular policy, itong 10.6 million pesos, considered ba ito asset ng tao? 07:47:22.950 --> 07:47:41.970 Atty. Juan Sotero Roman: I can say sir that the 10.6 million paid for this depending on whether it's withdrawn or it becomes Death Claim, there will be money coming out of this account, Your Honor. 07:47:42.110 --> 07:47:43.770 Sen. Sherwin T. Gatchalian: Correct. So is that considered an asset? 07:47:45.490 --> 07:47:53.670 Atty. Juan Sotero Roman: Specifically solely for this transaction, it is my reading of the law, Your Honor. It's personal property and is therefore an asset. 07:47:53.670 --> 07:47:53.810 Sen. Sherwin T. Gatchalian: An 07:47:53.810 --> 07:47:54.150 Sen. Sherwin T. Gatchalian: asset. 07:47:54.430 --> 07:47:56.690 Sen. Sherwin T. Gatchalian: Yung 13.2 07:47:56.920 --> 07:48:01.560 Sen. Sherwin T. Gatchalian: million pesos, is that considered an asset? 07:48:04.240 --> 07:48:21.410 Atty. Juan Sotero Roman: This is a... What you would call a covered insurance payable. And then of course, unless the covered event occurs, this is not yet, in my view, an asset. This is a future event. 07:48:23.710 --> 07:48:28.370 Atty. Juan Sotero Roman: A life insurance contract is based on a future event, Your Honor. 07:48:28.630 --> 07:48:38.580 Sen. Sherwin T. Gatchalian: Pero guaranteed na yung maibibigay ng 13.2. So do you consider that As an asset in your calculation of your assets. 07:48:39.300 --> 07:48:39.780 Atty. Juan Sotero Roman: Kung 07:48:39.780 --> 07:48:46.920 Sen. Sherwin T. Gatchalian: magkukumpute ka ng asset, ang asset ko ay ganito, in 30.2 ba pwede kong makonsidered as my asset? Kasi guaranteed na yun eh. 07:48:48.360 --> 07:48:53.160 Atty. Juan Sotero Roman: Again, your honor, a life insurance product is dependent on the occurrence of the covert event. 07:48:54.200 --> 07:48:56.900 Sen. Sherwin T. Gatchalian: So hindi pa, kasi hindi pa nangyayari yun. 07:48:56.960 --> 07:49:04.570 Atty. Juan Sotero Roman: My understanding, your honor, is it's not claimable. until the covered event occurs, Your Honor. 07:49:04.570 --> 07:49:04.850 Sen. Sherwin T. Gatchalian: Okay. 07:49:05.010 --> 07:49:14.460 Sen. Sherwin T. Gatchalian: And then, narinig ko kanina tinanong ng ating presiding officer na at any given time, pwedeng tanggalin itong premium na 10.6? 07:49:14.460 --> 07:49:15.460 Atty. Juan Sotero Roman: There is 07:49:15.460 --> 07:49:17.640 Atty. Juan Sotero Roman: a withdrawable value, Your Honor. 07:49:17.640 --> 07:49:17.740 Sen. Sherwin T. Gatchalian: Pag 07:49:17.740 --> 07:49:18.900 Sen. Sherwin T. Gatchalian: winit draw ba ito, may kita? 07:49:19.900 --> 07:49:26.320 Atty. Juan Sotero Roman: Depending on the market performance of which the variable fund is linked, Your Honor. 07:49:26.320 --> 07:49:26.440 Sen. Sherwin T. Gatchalian: So 07:49:26.440 --> 07:49:28.880 Sen. Sherwin T. Gatchalian: pwedeng kumita, pwedeng hindi kumita? 07:49:28.880 --> 07:49:29.180 Atty. Juan Sotero Roman: Hapa. 07:49:29.180 --> 07:49:31.100 Sen. Sherwin T. Gatchalian: Alright. Thank you, Mr. Presiding Officer. 07:49:31.350 --> 07:49:33.590 Sen. Francis "Chiz" G. Escudero: Thank you, Senator President. 07:49:36.600 --> 07:49:40.440 Sen. Francis "Chiz" G. Escudero: Senator Judge Sotto is recognized. You may proceed, sir, when you're ready. 07:49:42.240 --> 07:49:43.760 Sen. Vicente C. Sotto III: Thank you, Mr. President of 07:49:43.760 --> 07:49:50.900 Sen. Vicente C. Sotto III: the Co-Officials. Medyo nagtatalo na ako dito kanina. Gusto lang namin nalinawan eh, dahil baka ang intindi ng iba. Pag sinabing insurance, may 07:49:50.900 --> 07:49:51.100 Sen. Vicente C. Sotto III: ini 07:49:51.100 --> 07:49:57.160 Sen. Vicente C. Sotto III: -insure. Patulad ng regular na insurance. Ito po, investment ito, you know. Attorney Roman? 07:49:57.540 --> 07:49:58.360 Atty. Juan Sotero Roman: Yes, Your Honor. 07:49:58.600 --> 07:50:07.460 Sen. Vicente C. Sotto III: So, in this case, dito sa 10.6 na... Pinasok na investment sa insurance. Sinong beneficiary? 07:50:08.800 --> 07:50:12.480 Atty. Juan Sotero Roman: The beneficiary, Your Honor, are the children. 07:50:14.830 --> 07:50:15.770 Sen. Vicente C. Sotto III: Tapos ang in 07:50:15.770 --> 07:50:16.270 Sen. Vicente C. Sotto III: -insure, 07:50:16.310 --> 07:50:18.750 Sen. Vicente C. Sotto III: yung pera at yung siya. 07:50:19.190 --> 07:50:20.030 Atty. Juan Sotero Roman: Yes, Your Honor. 07:50:20.250 --> 07:50:22.210 Sen. Vicente C. Sotto III: Si Atty. Calpio. O 07:50:22.210 --> 07:50:23.330 Sen. Vicente C. Sotto III: by the way, are you related 07:50:23.330 --> 07:50:24.190 Sen. Vicente C. Sotto III: to Pablo Roman? 07:50:25.500 --> 07:50:26.360 Atty. Juan Sotero Roman: Yes, Your Honor. 07:50:26.600 --> 07:50:27.440 Sen. Vicente C. Sotto III: Ah, you are? Okay. 07:50:29.620 --> 07:50:32.000 Sen. Vicente C. Sotto III: Good friends of ours. Anyway, 07:50:34.230 --> 07:50:34.830 Sen. Vicente C. Sotto III: So, 07:50:35.850 --> 07:50:50.680 Sen. Vicente C. Sotto III: anytime pwedeng bunutin, katulad ng pinag-uusapan niyo ni Senate President. Anytime pwedeng bunutin. So, hanggang kailan yun? Yung 10.6 na yun, hanggang kailan yun? 07:50:51.940 --> 07:51:01.480 Atty. Juan Sotero Roman: The coverage period, Your Honor, based on the record, is up to age 100. And depending on the performance of the fund, Your Honor. 07:51:02.020 --> 07:51:04.040 Sen. Vicente C. Sotto III: So, in-insure niya yung sarili niya? 07:51:09.180 --> 07:51:09.940 Sen. Vicente C. Sotto III: If 07:51:09.940 --> 07:51:11.200 Sen. Vicente C. Sotto III: it is withdrawn, 07:51:11.380 --> 07:51:21.600 Sen. Vicente C. Sotto III: it will terminate the life. So hindi ito yung regular na insurance. Ito yung investment insurance. Di ba ba? 07:51:30.680 --> 07:51:36.060 Atty. Juan Sotero Roman: On a full surrender basis, it will terminate, Your Honor, the life insurance cover. 07:51:36.360 --> 07:51:42.920 Sen. Vicente C. Sotto III: Ang makukuha ng mga beneficiary niya is the 10 plus interest. 07:51:44.060 --> 07:51:49.580 Atty. Juan Sotero Roman: Your Honor, when it is withdrawn, it is the policy owner that withdraws the policy. 07:51:49.820 --> 07:51:53.840 Sen. Vicente C. Sotto III: If it's withdrawn, pero if he stays the policy 07:51:53.840 --> 07:52:03.070 Atty. Juan Sotero Roman: and the covered event of death occurs, Your Honor, then the company will pay the... Some assured to name beneficiaries. 07:52:03.070 --> 07:52:03.370 Sen. Vicente C. Sotto III: Thank 07:52:03.370 --> 07:52:03.870 Sen. Vicente C. Sotto III: you. 07:52:06.870 --> 07:52:08.090 Sen. Francis "Chiz" G. Escudero: Senator Judge Pangilinan. 07:52:13.560 --> 07:52:18.180 Sen. Francis “Kiko” Pangilinan: Just a clarification, is there a period within which you are not allowed to withdraw the amount? 07:52:18.640 --> 07:52:19.300 Atty. Juan Sotero Roman: No, Your Honor. 07:52:19.520 --> 07:52:21.180 Sen. Francis “Kiko” Pangilinan: So you can withdraw it anytime? 07:52:21.540 --> 07:52:22.020 Atty. Juan Sotero Roman: Yes, Your Honor. 07:52:22.240 --> 07:52:24.000 Sen. Francis “Kiko” Pangilinan: And what would be the withdrawable amount? 07:52:25.180 --> 07:52:29.840 Atty. Juan Sotero Roman: It will depend on the mark to market amount, Your Honor. 07:52:29.840 --> 07:52:30.060 Sen. Francis “Kiko” Pangilinan: So 07:52:30.060 --> 07:52:32.700 Sen. Francis “Kiko” Pangilinan: it can be lower than 10 point, how much was it? 07:52:32.700 --> 07:52:34.040 Atty. Juan Sotero Roman: 10.6 million, Your Honor. 07:52:34.040 --> 07:52:35.700 Sen. Francis “Kiko” Pangilinan: So it can be lower than 10.6? 07:52:35.700 --> 07:52:36.340 Atty. Juan Sotero Roman: Yes, Your Honor. 07:52:36.340 --> 07:52:43.460 Sen. Francis “Kiko” Pangilinan: But at the same time, depending on market, whether the market is upbeat, it can be higher than 10.6? 07:52:43.860 --> 07:52:44.340 Atty. Juan Sotero Roman: Yes, Your Honor. 07:52:44.560 --> 07:52:48.700 Sen. Francis “Kiko” Pangilinan: But now, not higher than 13.250? 07:52:50.390 --> 07:52:54.770 Atty. Juan Sotero Roman: There's no cap as to the performance, Your Honor, of the market. 07:52:55.640 --> 07:53:00.040 Sen. Francis “Kiko” Pangilinan: Oh, so you can also get it higher than 13,250,000? 07:53:00.180 --> 07:53:00.720 Atty. Juan Sotero Roman: Yes, Your Honor. 07:53:01.200 --> 07:53:06.730 Sen. Francis “Kiko” Pangilinan: Okay. So, well, yeah. So, there are risks. 07:53:07.390 --> 07:53:08.110 Atty. Juan Sotero Roman: Yes, Your Honor. 07:53:08.230 --> 07:53:10.970 Sen. Francis “Kiko” Pangilinan: I just wanted that clarified. Thank you. Thank you. Thank 07:53:10.970 --> 07:53:26.250 Sen. Francis "Chiz" G. Escudero: you. There being no other senator or judge who wish to make interjections, Atty. Teroy, maraming salamat po sa inyong pasensya sa paghihintay po ninyo at sa pagsagot sa mga katanungan ng magkabi ng partido at ng hukumang ito. You are excused, sir. Thank you very much for your time. 07:53:26.390 --> 07:53:27.110 Atty. Juan Sotero Roman: Thank you, Your Honors. 07:53:29.570 --> 07:53:34.970 Sen. Francis "Chiz" G. Escudero: Kindly situate Ms. Malusa Langit to the witness stand. 07:53:37.680 --> 07:53:43.930 Sen. Francis "Chiz" G. Escudero: Honorable Suan, I presume you monitored the banks that were presented by Attorney James. 07:53:44.530 --> 07:53:45.510 Rep. Lordan G. Suan: Yes, Your Honor. Would 07:53:45.510 --> 07:53:57.190 Sen. Francis "Chiz" G. Escudero: you be having the same offer subject to the limitation that the court mentioned earlier regarding matters that are not within the personal knowledge of the insurance representatives? Would it be the same? 07:53:57.470 --> 07:53:58.130 Rep. Lordan G. Suan: Yes, Your Honor. 07:53:58.630 --> 07:54:01.590 Sen. Francis "Chiz" G. Escudero: So, for the record, Attorney CJ, will it still be you? 07:54:02.190 --> 07:54:02.930 Atty. Carlo Joaquin T. Narvasa: Yes, Your Honor. 07:54:03.070 --> 07:54:05.650 Sen. Francis "Chiz" G. Escudero: I presume it'll still be you, Honorable Suwan? 07:54:05.650 --> 07:54:06.510 Rep. Lordan G. Suan: Yes, Your Honor. 07:54:08.890 --> 07:54:31.380 Sen. Francis "Chiz" G. Escudero: So, similarly, with what we did with Attorney James, with respect to the first offer, it will be the same. It will be deemed read into the record. With respect to offer number two, without the last sentence, wala ito sa sale ng respondent vice president. 07:54:33.260 --> 07:54:58.720 Sen. Francis "Chiz" G. Escudero: Offer number three will no longer be part of the offer. Offer number four, offer number five, offer number six will still be part of the offer of this witness to the exclusion of the second, the third, the last three sentences that have reference to SALNs. 07:55:00.730 --> 07:55:07.330 Sen. Francis "Chiz" G. Escudero: Do I presume that your objection with respect, if any, to the first and sixth offer will be the same, Atty. CJ? 07:55:07.530 --> 07:55:08.230 Atty. Carlo Joaquin T. Narvasa: Yes, Your Honor. 07:55:08.450 --> 07:55:13.630 Sen. Francis "Chiz" G. Escudero: Okay. You may proceed with the direct examination of your witness, Hon. Suan. 07:55:17.190 --> 07:55:18.330 Rep. Lordan G. Suan: Mayong hapon, Ms. Witness. 07:55:18.570 --> 07:55:25.360 Sen. Francis "Chiz" G. Escudero: I'm sorry. Sorry, we've had ten witnesses already. So, kindly stand up, ma'am. 07:55:27.340 --> 07:55:35.970 Sen. Francis "Chiz" G. Escudero: How do I refer to you, Mama Lou? Kindly stand up. Clerk is directed to kindly administer the order of witness. Apologies to the counsels. 07:55:36.030 --> 07:55:50.650 Atty. Renato N. Bantug Jr.: Ma'am kindly raise your right hand. You, Malu R. Salanguit. Do swear that the evidence you shall give in the case now pending between the Philippines and Vice President Cyrus Jim Ramando Tertes shall be the truth, the whole truth, and nothing but the truth. So I hope you God. 07:55:52.520 --> 07:55:56.220 Sen. Francis "Chiz" G. Escudero: Ma'am Malu, naunawaan niyo po. Pakisagot po sa mic para marinig at sa record. 07:55:56.480 --> 07:55:57.040 Malu Remollino Salanguit: I swear. 07:56:00.940 --> 07:56:01.500 Sen. Francis "Chiz" G. Escudero: Yes, 07:56:04.840 --> 07:56:05.300 Malu Remollino Salanguit: Your Honor. 07:56:05.520 --> 07:56:09.920 Sen. Francis "Chiz" G. Escudero: Thank you. Forgive again the faux pas. Honorable Suwan, your 07:56:09.920 --> 07:56:10.700 Sen. Francis "Chiz" G. Escudero: witness. 07:56:10.700 --> 07:56:19.960 Rep. Lordan G. Suan: Thank you, Your Honor. Ma'am Malu, maaaring niyo po bang sabihin ang inyong buong pangalan, posisyon, at ang kumpanya ang inyong kinakatawan? 07:56:20.220 --> 07:56:27.730 Malu Remollino Salanguit: Ako po si Malu Remollino Salanguit. I am the head of Manage and Review Value Stream of Manulife Philippines. 07:56:29.380 --> 07:56:37.380 Rep. Lordan G. Suan: Bago po kayo naging connectado sa Manulife, saan po kayo nagtrabaho maging private man or gobyerno? 07:56:37.520 --> 07:56:52.400 Malu Remollino Salanguit: I worked previously at AXA Philippines and also at AMWAL. It's an investment bank located in Doha, Qatar and also Philam Asset Management. 07:56:53.550 --> 07:57:01.130 Rep. Lordan G. Suan: Okay. Paano po ang inyong mga tungkulin at responsibilidad sa nasabing posisyon niyo ngayon sa kasalukuyang kumpanya? 07:57:02.190 --> 07:57:19.070 Malu Remollino Salanguit: As head of management review value stream, I am in charge of after sales transactions. So these are the entire end-to-end life cycle of after sales for policy management, billing and collection, and suspense management. 07:57:19.950 --> 07:57:24.530 Rep. Lordan G. Suan: Okay. Ano po ang dahilan kung bakit nandito kayo ngayon? Meron 07:57:24.530 --> 07:57:24.650 Rep. Lordan G. Suan: po 07:57:24.650 --> 07:57:25.290 Rep. Lordan G. Suan: kayong natanggap? 07:57:25.650 --> 07:57:31.810 Malu Remollino Salanguit: Yes, I was authorized by my organization after receiving the subpoena from the Senate. 07:57:32.270 --> 07:57:41.570 Rep. Lordan G. Suan: Okay. Ano pong mga dokumento kung meron man ang inyong isunumite bilang sa pagpunta nyo dito ngayon? 07:57:41.750 --> 07:57:48.830 Malu Remollino Salanguit: We actually submitted copies of the policy contract as well as the official receipts and 07:57:50.340 --> 07:57:56.420 Malu Remollino Salanguit: Application forms related to the policies of the Vice President. 07:57:56.720 --> 07:58:03.400 Rep. Lordan G. Suan: Okay. So kung ipapakita po sa inyo itong mga dokumentong ito, would you be able to recognize them? 07:58:04.100 --> 07:58:08.140 Malu Remollino Salanguit: Yes. I can refer to my records as well. 07:58:08.340 --> 07:58:08.840 Rep. Lordan G. Suan: Okay. 07:58:09.860 --> 07:58:10.360 Malu Remollino Salanguit: To 07:58:10.360 --> 07:58:10.980 Malu Remollino Salanguit: compare. 07:58:10.980 --> 07:58:11.320 Sen. Francis "Chiz" G. Escudero: You may 07:58:11.320 --> 07:58:13.220 Sen. Francis "Chiz" G. Escudero: do so, ma'am. You may refer to your records. 07:58:15.570 --> 07:58:20.330 Rep. Lordan G. Suan: Your Honor, may assisting counsel, Atty. Jairo Ladera, also be allowed to... 07:58:20.330 --> 07:58:28.990 Sen. Francis "Chiz" G. Escudero: Again, counsel, continuing authority has been given to assisting counsel from both parties with respect to all the witnesses for today. 07:58:29.210 --> 07:58:29.850 Rep. Lordan G. Suan: Thank you, 07:58:29.870 --> 07:58:29.930 Rep. Lordan G. Suan: Your Honor. 07:58:29.930 --> 07:58:31.070 Sen. Francis "Chiz" G. Escudero: To approach the witnesses at any time. 07:58:37.570 --> 07:58:46.800 Rep. Lordan G. Suan: So, Ma'am Malu, kanino po nakapangalan ang policy na yan? 07:58:54.010 --> 07:58:57.010 Atty. Carlo Joaquin T. Narvasa: Your Honor, may we know the marking of this policy? 07:58:58.520 --> 07:58:59.940 Atty. Carlo Joaquin T. Narvasa: Thank you. I can read. Thank you. 07:59:04.080 --> 07:59:04.680 Rep. Lordan G. Suan: Okay. 07:59:04.780 --> 07:59:12.520 Malu Remollino Salanguit: So, this is under the insured Marco D. Gong D. Carpio. And the policy owner is Manases R. Carpio. 07:59:13.100 --> 07:59:18.280 Rep. Lordan G. Suan: Okay. Ma'am Malu, kailan po kinuha ang insurance investment na yan? 07:59:18.540 --> 07:59:22.140 Malu Remollino Salanguit: The policy issue date is 18 January 2019. 07:59:23.920 --> 07:59:32.240 Rep. Lordan G. Suan: So, base po sa mga dokumentong nandyan, makano po ang total insurance premium na binayad ng policyholder? 07:59:33.100 --> 07:59:41.980 Malu Remollino Salanguit: Let me just confirm with my records. Total as of... Sir, can you clarify if it's total as of... 07:59:41.980 --> 07:59:42.960 Rep. Lordan G. Suan: Yung 07:59:42.960 --> 07:59:44.080 Rep. Lordan G. Suan: total na pay. 07:59:44.100 --> 07:59:44.640 Malu Remollino Salanguit: Na bayad po. 07:59:46.760 --> 07:59:55.400 Atty. Carlo Joaquin T. Narvasa: Before anything, may I just request the honorables who want to mention the name of the minor children, if any. 07:59:55.400 --> 07:59:56.040 Sen. Francis "Chiz" G. Escudero: The 07:59:56.040 --> 07:59:56.660 Sen. Francis "Chiz" G. Escudero: witness is 07:59:56.660 --> 07:59:57.040 Sen. Francis "Chiz" G. Escudero: instructed 07:59:57.040 --> 08:00:13.480 Sen. Francis "Chiz" G. Escudero: to kindly avoid mentioning. The beneficiary and or the name of any minor. You can refer to the person as a descendant or daughter or son. I don't know but kindly avoid mentioning the name. 08:00:16.040 --> 08:00:19.860 Atty. Carlo Joaquin T. Narvasa: Ms. Malou. As well as the flashing, please. Thank you. 08:00:20.760 --> 08:00:28.920 Rep. Lordan G. Suan: Your Honor, we also manifest that we have already redacted the names of the beneficiaries. and especially the minor children. 08:00:29.060 --> 08:00:30.880 Sen. Francis "Chiz" G. Escudero: Yes, and the witnesses reminded as well. 08:00:31.260 --> 08:00:32.120 Malu Remollino Salanguit: Noted, Your Honor. 08:00:32.680 --> 08:00:34.220 Sen. Francis "Chiz" G. Escudero: Okay. Kindly answer the question. 08:00:34.800 --> 08:00:36.040 Malu Remollino Salanguit: Total premiums 08:00:36.040 --> 08:00:37.120 Sen. Francis "Chiz" G. Escudero: paid as of today? 08:00:37.220 --> 08:00:41.000 Malu Remollino Salanguit: The total amount premium paid for this policy is 610,000 pesos. 08:00:41.480 --> 08:00:42.380 Sen. Francis "Chiz" G. Escudero: That's as of 2025? 08:00:43.020 --> 08:00:45.720 Malu Remollino Salanguit: Yes, sir. This is a one-time payment. 08:00:45.720 --> 08:00:46.160 Sen. Francis "Chiz" G. Escudero: A one 08:00:46.160 --> 08:00:47.040 Sen. Francis "Chiz" G. Escudero: -time only in 2019? 08:00:47.580 --> 08:00:47.960 Malu Remollino Salanguit: Yes, sir. 08:00:48.080 --> 08:00:48.240 Sen. Francis "Chiz" G. Escudero: Okay. 08:00:50.950 --> 08:00:57.450 Rep. Lordan G. Suan: Ms. Malu, punta po tayo ngayon sa dokumentong ito, yung Exhibit 8-15-2-2. 08:01:02.530 --> 08:01:09.370 Rep. Lordan G. Suan: Tapos kasama na rin yung 8-15-2-4, 2-6, and 2-5. 08:01:13.540 --> 08:01:21.290 Rep. Lordan G. Suan: So, Ms. Malu, sino po yung policyholder ng insurance investment na yan? 08:01:21.490 --> 08:01:28.330 Malu Remollino Salanguit: For 2-2, it's under VP Sara Duterte. She's the policy owner. 08:01:29.000 --> 08:01:31.500 Rep. Lordan G. Suan: Okay. Kailan po yan kinuha? 08:01:31.920 --> 08:01:38.160 Malu Remollino Salanguit: This was bought. Last October 23. Actually, issued last October 23, 2014. 08:01:39.570 --> 08:01:43.890 Rep. Lordan G. Suan: Tapos, makano po yung total insurance premium na binayan? 08:01:50.520 --> 08:02:06.510 Malu Remollino Salanguit: So, this is also a single-pay policy. The initial payment paid is 400,000. But there is a top-up of 128,000 in 2019. 08:02:07.130 --> 08:02:08.450 Rep. Lordan G. Suan: So, makano na po yung total? 08:02:09.000 --> 08:02:10.720 Malu Remollino Salanguit: Five hundred thirty-eight thousand pesos. 08:02:11.260 --> 08:02:13.440 Rep. Lordan G. Suan: Five hundred twenty-eight. Five 08:02:13.440 --> 08:02:15.340 Malu Remollino Salanguit: hundred thirty-eight. 08:02:15.420 --> 08:02:16.860 Rep. Lordan G. Suan: Paano naging thirty-eight po? 08:02:17.060 --> 08:02:20.100 Malu Remollino Salanguit: Five hundred twenty-eight thousand pesos. I'm sorry. 08:02:22.760 --> 08:02:34.300 Rep. Lordan G. Suan: Sige po. Ma'am Malu, punta po tayo sa exhibit 8-15-3-2, 3-4, 3-5, and 3-6. 08:02:41.680 --> 08:02:45.400 Rep. Lordan G. Suan: So, sino po ang policyholder ng insurance investment na to? 08:02:46.580 --> 08:02:54.160 Malu Remollino Salanguit: For 3-3, it's also under the Vice President, Sara Zito Terete. 08:02:54.660 --> 08:02:57.620 Rep. Lordan G. Suan: Kailan po kinuha ang insurance investment 08:02:57.620 --> 08:02:58.100 Rep. Lordan G. Suan: na yan? 08:02:58.100 --> 08:03:03.160 Malu Remollino Salanguit: This was purchased last, issued last October 31, 2014. 08:03:04.120 --> 08:03:07.200 Rep. Lordan G. Suan: So, magkano po yung total insurance premium na binayad? 08:03:08.360 --> 08:03:10.260 Malu Remollino Salanguit: 445,000 pesos. 08:03:11.240 --> 08:03:23.380 Rep. Lordan G. Suan: Okay. So, punta naman po tayo sa 8-15-4-6, 4-9. Yun lang po muna. 08:03:23.580 --> 08:03:24.300 Rep. Lordan G. Suan: Ma 08:03:32.660 --> 08:03:35.760 Rep. Lordan G. Suan: 'am Malou, sino po yung policyholder ng insurance investment na to? 08:03:35.940 --> 08:03:40.640 Malu Remollino Salanguit: This is also under VP Zara C. Duterte. She's the policy owner. 08:03:42.600 --> 08:03:44.980 Rep. Lordan G. Suan: Kailan po kinuha ang insurance investment? 08:03:44.980 --> 08:03:48.300 Malu Remollino Salanguit: This was issued last December 8, 2014. 08:03:49.550 --> 08:03:52.930 Rep. Lordan G. Suan: Tapos, makano po yung total insurance premium na pinayan? 08:03:54.930 --> 08:04:02.830 Malu Remollino Salanguit: As of 2024, because that's the last time, it's 685,535.26. 08:04:03.450 --> 08:04:10.130 Rep. Lordan G. Suan: Okay. So punta po tayo ngayon sa 8-15-7-3. 08:04:22.150 --> 08:04:25.750 Rep. Lordan G. Suan: Sino po yung policyholder ng insurance investment na ito? 08:04:28.440 --> 08:04:29.680 Malu Remollino Salanguit: 7-3. 08:04:29.840 --> 08:04:31.200 Rep. Lordan G. Suan: 7-3 po. 08:04:38.760 --> 08:04:42.420 Sen. Francis "Chiz" G. Escudero: She would not be familiar with the exhibits. Exhibit numbers, rather. 08:04:58.640 --> 08:05:00.160 Rep. Lordan G. Suan: Can you go to page 3? 08:05:09.100 --> 08:05:13.600 Rep. Lordan G. Suan: Document 8-15-7-3. Page 3 po. 08:05:15.460 --> 08:05:18.650 Malu Remollino Salanguit: I would have 08:05:18.680 --> 08:05:28.670 Sen. Francis "Chiz" G. Escudero: assumed that assisting counsel would have been prepared already. That's why he's assisting. Do you have a copy, Honorable Suan? 08:05:28.970 --> 08:05:29.450 Rep. Lordan G. Suan: Yes, Your 08:05:29.450 --> 08:05:31.950 Sen. Francis "Chiz" G. Escudero: Honor. Can you kindly just confront the witness with a copy? 08:05:40.810 --> 08:05:46.750 Sen. Francis "Chiz" G. Escudero: Assisting counsel from the respondent may look at the document. 08:05:52.340 --> 08:06:02.190 Malu Remollino Salanguit: For this policy, the policy owner is the husband of the vice president, Manases R. Carpio. 08:06:02.630 --> 08:06:05.030 Rep. Lordan G. Suan: Kailan po kinuha ang insurance investment? 08:06:05.030 --> 08:06:08.450 Malu Remollino Salanguit: The issue date is March 6, 2019. 08:06:09.970 --> 08:06:13.270 Rep. Lordan G. Suan: Makano po yung total insurance premium na binayad? 08:06:24.420 --> 08:06:33.220 Malu Remollino Salanguit: So specific to this policy, as of 2026, 1.435, 154.65 million. 08:06:34.260 --> 08:06:34.980 Sen. Francis "Chiz" G. Escudero: Million? 08:06:37.420 --> 08:06:39.550 Malu Remollino Salanguit: Yes, ma'am. 08:06:39.550 --> 08:06:41.050 Sen. Francis "Chiz" G. Escudero: What was the 08:06:41.050 --> 08:06:42.730 Sen. Francis "Chiz" G. Escudero: question? 08:06:42.730 --> 08:06:45.350 Rep. Lordan G. Suan: Makano po yung total na binayad na premium? 08:06:45.350 --> 08:06:46.970 Sen. Francis "Chiz" G. Escudero: Makano yung premium na binayad na? 08:06:47.940 --> 08:06:53.040 Malu Remollino Salanguit: As of 2026, because this is a regular pay policy, your honor. 08:06:53.300 --> 08:06:55.700 Sen. Francis "Chiz" G. Escudero: Ah, yung monthly or quarterly or semi-annually? 08:06:56.100 --> 08:07:11.460 Malu Remollino Salanguit: It's an annual policy. That's why the total amount of premiums paid from the time the policy was issued in 2019 up to 2026 is 1.435154.65 million pesos. 08:07:11.460 --> 08:07:16.630 Sen. Francis "Chiz" G. Escudero: Okay, because that was not the figure being reflected here. Okay, kindly proceed. 08:07:18.220 --> 08:07:26.560 Rep. Lordan G. Suan: Kuntapo tayo sa exhibit 8-15-6-2 at 6-8. 08:07:49.790 --> 08:07:56.070 Sen. Francis "Chiz" G. Escudero: What seems to be the problem? What's the name of the assisting counsel? What seems to be the problem? 08:07:57.610 --> 08:07:59.710 Sen. Francis "Chiz" G. Escudero: You don't have a copy of the document? 08:08:02.880 --> 08:08:10.960 Sen. Francis "Chiz" G. Escudero: If you have a copy, to abbreviate the proceedings, Honorable Suan, kindly just confront the witness with your copy. If your assisting counsel cannot find 08:08:12.590 --> 08:08:18.060 Sen. Francis "Chiz" G. Escudero: it, you should have prepared, the assisting counsel should have been prepared for this already. 08:08:21.790 --> 08:08:29.170 Atty. Carlo Joaquin T. Narvasa: Your Honor, for the record, there's no copy provided by the witness. This is the copy. Just for the record. 08:08:29.170 --> 08:08:51.990 Sen. Francis "Chiz" G. Escudero: It does not come from the witness, yes. What is the copy that the witness is looking at right now? Honorable Suan. Again, you're referring to an exhibit. She is not familiar and aware of the exhibits that we premarked. That's why assisting counsel is there to show her the exhibit you want her to look at and identify. 08:08:54.140 --> 08:08:56.100 Rep. Lordan G. Suan: Your Honor, may I approach the witness? 08:08:56.120 --> 08:08:59.640 Sen. Francis "Chiz" G. Escudero: Yes, kindly do so. If it will help abbreviate the proceedings. 08:09:18.000 --> 08:09:18.800 Sen. Francis "Chiz" G. Escudero: Chair 08:09:19.120 --> 08:09:26.680 Sen. Francis "Chiz" G. Escudero: instructs the assisting counsel to kindly prepare the documents, the other subsequent documents for this witness and for the other witnesses. 08:09:28.640 --> 08:09:33.240 Sen. Francis "Chiz" G. Escudero: Yes, Madam Ms. Malou, can you respond? 08:09:33.240 --> 08:09:47.240 Malu Remollino Salanguit: So I'm looking at 6-8. So this is a copy of an official receipt previously. So it indicates the amount paid last September 21. 08:09:54.970 --> 08:09:55.450 Malu Remollino Salanguit: In 08:09:56.060 --> 08:10:00.880 Sen. Francis "Chiz" G. Escudero: relation to what policy? I presume you're referring to a different policy already. 08:10:01.200 --> 08:10:03.660 Malu Remollino Salanguit: Because it's not 15-6-2. 08:10:04.580 --> 08:10:06.880 Rep. Lordan G. Suan: Yeah, but it's the same contract. 08:10:06.880 --> 08:10:11.640 Atty. Carlo Joaquin T. Narvasa: Your Honor, now I have to object. The witness clearly cannot answer the questions. 08:10:14.080 --> 08:10:18.080 Atty. Carlo Joaquin T. Narvasa: I understand, Your Honor. Apologies, Your Honor. Let me 08:10:18.080 --> 08:10:18.440 Rep. Lordan G. Suan: fix it. 08:10:22.490 --> 08:10:26.440 Rep. Lordan G. Suan: Can we have a five-minute recess, Your Honor? My sincere apologies. 08:10:26.440 --> 08:10:27.960 Sen. Francis "Chiz" G. Escudero: Chair declares a five-minute recess. 08:17:09.230 --> 08:17:13.230 Sen. Francis "Chiz" G. Escudero: Yes, Honorable Suan, you may proceed with your direct. 08:17:13.230 --> 08:17:27.510 Rep. Lordan G. Suan: Thank you for your patience, Your Honor. So, Ms. Witness, punta po tayo ulit sa Exhibit P-R2-8-15-6-2. Nakikita niyo po ba? 08:17:27.770 --> 08:17:28.090 Malu Remollino Salanguit: Yes. 08:17:28.730 --> 08:17:33.950 Rep. Lordan G. Suan: Tapos 15-6-8. Okay na po? 08:17:34.130 --> 08:17:34.630 Malu Remollino Salanguit: Yes. 08:17:35.440 --> 08:17:39.300 Rep. Lordan G. Suan: Okay, so sino po yung policyholder ng insurance investment na to? 08:17:39.780 --> 08:17:43.700 Malu Remollino Salanguit: The policy owner is Manases R. Carpio. 08:17:45.010 --> 08:17:47.400 Rep. Lordan G. Suan: Kailan po kinuha ang insurance investment? 08:17:47.400 --> 08:17:50.260 Malu Remollino Salanguit: The policy was issued last March 6, 2019. 08:17:51.980 --> 08:17:54.920 Rep. Lordan G. Suan: Magkano po yung total insurance premium na binayad? 08:17:56.400 --> 08:18:14.040 Malu Remollino Salanguit: The total as of 2026 is 826,961.05. But the first payment is just 103,365.81. 08:18:15.830 --> 08:18:18.770 Rep. Lordan G. Suan: Okay. So, no further questions, Your Honor. 08:18:20.770 --> 08:18:21.610 Sen. Francis "Chiz" G. Escudero: Attorney CJ? 08:18:21.910 --> 08:18:22.810 Atty. Carlo Joaquin T. Narvasa: Nothing to cross, Your Honor. 08:18:23.300 --> 08:18:37.280 Sen. Francis "Chiz" G. Escudero: If there are no other senator judges who wish to make interjections, Ms. Malou, you are excused, ma'am. Salamat po sa pagsagot sa mga katanungan, sa pasensya, at sa... Oras na ginugul niyo sa hukumang ito. 08:18:37.280 --> 08:18:38.100 Malu Remollino Salanguit: Thank you, Your 08:18:38.100 --> 08:18:38.600 Malu Remollino Salanguit: Honor. 08:18:38.600 --> 08:18:38.820 Sen. Francis "Chiz" G. Escudero: Good 08:18:38.820 --> 08:18:44.960 Sen. Francis "Chiz" G. Escudero: evening, ma'am. Kindly situate the next witness, Atty. Kochet Shua. 08:18:54.470 --> 08:18:59.110 Atty. Carlo Joaquin T. Narvasa: Your Honor, 08:19:10.350 --> 08:19:13.320 Atty. Carlo Joaquin T. Narvasa: while we wait, may I request that Atty. Lindon be... 08:19:13.320 --> 08:19:15.100 Sen. Francis "Chiz" G. Escudero: Yes, Atty. CJ. 08:19:15.100 --> 08:19:17.900 Atty. Carlo Joaquin T. Narvasa: May I request that Atty. Lindon be recognized. 08:19:17.900 --> 08:19:19.060 Sen. Francis "Chiz" G. Escudero: Atty. Lindon now. 08:19:19.060 --> 08:19:19.860 Atty. Carlo Joaquin T. Narvasa: Thank you, Your Honor. 08:19:35.820 --> 08:19:36.260 Sen. Francis "Chiz" G. Escudero: Sir, 08:19:49.990 --> 08:20:03.430 Atty. Renato N. Bantug Jr.: kindly raise your right hand. You, Calvin Kohchet-Chua. do swear that the evidence you shall give in the case now pending between the Philippines and Vice President Sara Zimmerman Duterte shall be the truth, the whole truth, and nothing but the truth. So help you God. 08:20:03.430 --> 08:20:04.270 Atty. Calvin Kohchet-Chua: Yes, I do, sir. 08:20:04.770 --> 08:20:08.110 Sen. Francis "Chiz" G. Escudero: How do we address you, Attorney? Calvin? 08:20:08.630 --> 08:20:09.210 Atty. Calvin Kohchet-Chua: Yes, sir. 08:20:09.210 --> 08:20:10.550 Atty. Calvin Kohchet-Chua: Can I list it down? Your Honor. 08:20:11.210 --> 08:20:17.710 Sen. Francis "Chiz" G. Escudero: Naunawaan niyo po, Attorney Calvin, yung inyong pinanumpaan kaugnay sa testimonyang bibigay niyo sa hukumang ito? 08:20:17.710 --> 08:20:18.890 Atty. Calvin Kohchet-Chua: Opo. 08:20:18.890 --> 08:20:24.310 Sen. Francis "Chiz" G. Escudero: Thank you, Attorney Calvin. Same offer, Honorable Suan? 08:20:24.310 --> 08:20:24.510 Rep. Lordan G. Suan: Yes, 08:20:24.510 --> 08:20:24.670 Rep. Lordan G. Suan: Your 08:20:24.670 --> 08:20:34.450 Rep. Lordan G. Suan: Honor. Again, to reiterate, just with respect to part of the first offer and part of the sixth offer to the exclusion of second, third, fourth, and fifth offer. 08:20:34.450 --> 08:20:37.290 Sen. Francis "Chiz" G. Escudero: Same comment, Atty. Lindon? 08:20:37.290 --> 08:20:39.230 Atty. Lindon Miguel C. Bacquel: Same comments and objections, Your Honor. 08:20:39.230 --> 08:20:44.450 Sen. Francis "Chiz" G. Escudero: Thank you. Your witness for your direct, Hon. Suan. 08:20:45.050 --> 08:20:54.440 Rep. Lordan G. Suan: Thank you, Your Honor. Atty. Calvin, maaari niyo po bang sabihin ang inyong buong pangalan, posisyon, at kumpanyang kinakatawan? 08:20:54.440 --> 08:20:55.060 Atty. Calvin Kohchet-Chua: My name 08:20:55.060 --> 08:21:03.460 Atty. Calvin Kohchet-Chua: is Calvin L. Kohchet-Chua. I'm the Chief Legal, Government Relations, and Sustainability Officer of Pru Life Insurance Corporation of UK. 08:21:05.150 --> 08:21:10.830 Rep. Lordan G. Suan: Ano po ang inyong tungkulin at responsibility bilang sa nasabing posisyon? 08:21:12.470 --> 08:21:21.510 Atty. Calvin Kohchet-Chua: I lead the legal team, the government relations team, which is a policy advocacy team, as well as the sustainability team. 08:21:25.620 --> 08:21:26.160 Atty. Calvin Kohchet-Chua: Ano pong reason 08:21:26.160 --> 08:21:27.360 Rep. Lordan G. Suan: kung bakit nandito kayo 08:21:27.360 --> 08:21:27.660 Atty. Calvin Kohchet-Chua: ngayon? 08:21:53.370 --> 08:21:59.710 Atty. Calvin Kohchet-Chua: to lead the submission of the required documents to the Senate Impeachment Court. 08:22:00.350 --> 08:22:08.310 Rep. Lordan G. Suan: So anong mga dokumento po yun, yung mga sinumitin niyo bilang tugon sa sapina? 08:22:09.360 --> 08:22:22.960 Atty. Calvin Kohchet-Chua: Ito po yung mga policies related to the VP, her husband, and there were a couple of policies of a related person 08:22:22.960 --> 08:22:31.440 Rep. Lordan G. Suan: po. So kung ipapakita po sa inyo itong mga dokumentong ito, would you be able to recognize them? 08:22:31.440 --> 08:22:32.200 Atty. Calvin Kohchet-Chua: Yes, sir. 08:22:36.620 --> 08:22:37.180 Sen. Francis "Chiz" G. Escudero: Ito 08:22:37.180 --> 08:22:37.420 Sen. Francis "Chiz" G. Escudero: muna. 08:22:37.700 --> 08:22:38.260 Sen. Francis "Chiz" G. Escudero: Okay. 08:22:38.600 --> 08:22:41.900 Sen. Francis "Chiz" G. Escudero: Policies, how many policies, Attorney Calvin? 08:22:42.640 --> 08:23:00.380 Atty. Calvin Kohchet-Chua: In total? There are ten policies broken down, two policies for VP, Sara, as the policy owner. Three policies for her husband, attorney Mance Carpio, and five other policies to a related person. 08:23:01.040 --> 08:23:01.720 Sen. Francis "Chiz" G. Escudero: For 08:23:02.230 --> 08:23:03.430 Sen. Francis "Chiz" G. Escudero: dependents, I 08:23:03.430 --> 08:23:05.460 Sen. Francis "Chiz" G. Escudero: presume. 08:23:05.460 --> 08:23:07.320 Sen. Francis "Chiz" G. Escudero: Related meaning in favor? 08:23:07.320 --> 08:23:07.960 Atty. Calvin Kohchet-Chua: A relative 08:23:07.960 --> 08:23:12.360 Atty. Calvin Kohchet-Chua: of attorney Carpio as a policy owner. 08:23:12.540 --> 08:23:15.400 Sen. Francis "Chiz" G. Escudero: As I said, dependents. But it's owned by attorney Carpio. 08:23:19.140 --> 08:23:20.320 Atty. Calvin Kohchet-Chua: To clarify, 08:23:22.470 --> 08:23:37.550 Atty. Calvin Kohchet-Chua: Your Honor, there are three policies, policy owned by Atty. Carpio, but we also generated policies of a relative of Atty. Carpio. 08:23:37.870 --> 08:23:41.470 Sen. Francis "Chiz" G. Escudero: Taken out by Atty. Manassas Carpio? 08:23:41.470 --> 08:23:42.550 Atty. Calvin Kohchet-Chua: No po. 08:23:45.070 --> 08:23:45.850 Sen. Francis "Chiz" G. Escudero: Was 08:23:45.850 --> 08:23:49.090 Sen. Francis "Chiz" G. Escudero: that part of the subpoena, Atty. Calvin? 08:23:51.080 --> 08:24:06.700 Atty. Calvin Kohchet-Chua: Your Honor, we deemed it prudent because normally during asset preservation orders, they usually include policies of related or associated persons. 08:24:07.000 --> 08:24:14.160 Sen. Francis "Chiz" G. Escudero: Are these related personalities dependents of Attorney Manasseh Scarfio? 08:24:14.780 --> 08:24:17.080 Atty. Calvin Kohchet-Chua: No, Your Honor. They 08:24:17.080 --> 08:24:17.560 Atty. Calvin Kohchet-Chua: are not. 08:24:17.560 --> 08:24:35.860 Sen. Francis "Chiz" G. Escudero: Then kindly exclude them from Kindly exclude them from the policies that you'll be identifying. So kindly just include the three of the respondent. Sara Duterte. and the three, if I remember correctly. 08:24:35.860 --> 08:24:36.380 Atty. Calvin Kohchet-Chua: Two 08:24:36.380 --> 08:24:39.700 Atty. Calvin Kohchet-Chua: for VP Sara and then three for Atty. 08:24:39.700 --> 08:24:40.500 Sen. Francis "Chiz" G. Escudero: Yes, kindly limit 08:24:40.500 --> 08:24:43.100 Sen. Francis "Chiz" G. Escudero: it therefore to those five policies. 08:24:43.100 --> 08:24:43.620 Atty. Calvin Kohchet-Chua: Yes, 08:24:43.620 --> 08:24:43.860 Atty. Calvin Kohchet-Chua: Your Honor. 08:24:44.020 --> 08:24:49.480 Sen. Francis "Chiz" G. Escudero: And you confirm that the remaining policies are not dependents of Atty. Manassas Carpia? 08:24:49.620 --> 08:24:50.380 Atty. Calvin Kohchet-Chua: Yes, Your Honor. 08:24:50.540 --> 08:24:54.700 Sen. Francis "Chiz" G. Escudero: Okay, kindly limit, Honorable Suan, let's limit ourselves to the five policies. 08:24:54.700 --> 08:24:55.380 Atty. Lindon Miguel C. Bacquel: Your Honor. 08:24:55.380 --> 08:24:55.900 Sen. Francis "Chiz" G. Escudero: Yes. 08:24:56.280 --> 08:25:03.330 Atty. Lindon Miguel C. Bacquel: For the record, can we just ask for the exhibit markings of the... Doc, policies to be excluded, your honor. 08:25:03.450 --> 08:25:09.570 Sen. Francis "Chiz" G. Escudero: Yes, ah, the policies to be excluded. I don't, will you, were you intending to present it, honorable Suan? 08:25:09.710 --> 08:25:12.770 Rep. Lordan G. Suan: No, your honor. There are only five policies that are relevant. 08:25:12.770 --> 08:25:13.230 Sen. Francis "Chiz" G. Escudero: Okay. 08:25:13.790 --> 08:25:32.350 Sen. Francis "Chiz" G. Escudero: They won't be presenting it, so, um, the clerk is, um, directed, um, to abbreviate the proceedings to kindly identify the pre-marked exhibit numbers of the excluded policies for their information reference. of the Respondent, Atty. Lindon. You may proceed, Hon. Swan. 08:25:32.350 --> 08:25:32.970 Rep. Lordan G. Suan: Thank you, Your 08:25:32.970 --> 08:25:44.960 Rep. Lordan G. Suan: Honor. Atty. Calvin, punta po tayo sa Exhibit P-R2-8-17-4-3-PRU. 08:25:46.060 --> 08:25:46.580 Rep. Lordan G. Suan: Have 08:25:46.580 --> 08:25:47.600 Rep. Lordan G. Suan: you found it? 08:25:47.600 --> 08:25:48.560 Atty. Calvin Kohchet-Chua: Yes. 08:25:48.560 --> 08:25:48.640 Rep. Lordan G. Suan: Okay. 08:25:50.780 --> 08:25:54.960 Rep. Lordan G. Suan: Kanino po nakapangalan ng insurance policy na ito? 08:25:56.670 --> 08:26:01.590 Atty. Calvin Kohchet-Chua: The applicant owner at this point is Atty. Manases Carpio po. 08:26:01.790 --> 08:26:05.450 Rep. Lordan G. Suan: Anong taon po pinirmahan itong insurance investment na to? 08:26:14.790 --> 08:26:15.430 Rep. Lordan G. Suan: Can 08:26:20.260 --> 08:26:22.640 Rep. Lordan G. Suan: you 08:26:27.820 --> 08:26:28.620 Rep. Lordan G. Suan: go to page 8? 08:26:35.250 --> 08:26:37.510 Atty. Calvin Kohchet-Chua: January 6, 2020 po. 08:26:37.510 --> 08:26:43.190 Rep. Lordan G. Suan: Okay. So makano po yung total insurance premium na binayad para dito? 08:26:43.510 --> 08:26:48.230 Atty. Calvin Kohchet-Chua: The total annual premium po is 200,000 pesos. 08:26:48.750 --> 08:26:49.930 Rep. Lordan G. Suan: Ilang taon po yan? 08:26:53.890 --> 08:26:57.090 Atty. Calvin Kohchet-Chua: This is payable for 5 years. 08:26:57.090 --> 08:26:58.190 Rep. Lordan G. Suan: So makano po yung total? 08:26:59.530 --> 08:27:08.660 Rep. Lordan G. Suan: At 200,000 per year? That would be 1 million. Okay, thank you. So punta na naman po tayo sa ibang document. 08:27:09.260 --> 08:27:09.900 Rep. Lordan G. Suan: P 08:27:09.900 --> 08:27:17.180 Rep. Lordan G. Suan: -Roman numeral 2-8-17-2-3-PRU Yes. 08:27:22.620 --> 08:27:26.440 Rep. Lordan G. Suan: Kanino po nakapangalan itong insurance investment na ito? 08:27:26.440 --> 08:27:29.800 Atty. Calvin Kohchet-Chua: Atty. Manassas Carpe po. 08:27:29.800 --> 08:27:32.240 Rep. Lordan G. Suan: Kailan po kinuha ang insurance investment na yan? 08:27:47.880 --> 08:27:51.260 Atty. Calvin Kohchet-Chua: The effectivity date is January 18, 2011. 08:27:52.530 --> 08:27:59.610 Rep. Lordan G. Suan: At makano po yung total insurance premiums na binayad para sa insurance investments na yan? 08:27:59.610 --> 08:28:05.320 Atty. Calvin Kohchet-Chua: Based on 08:28:09.480 --> 08:28:15.740 Atty. Calvin Kohchet-Chua: this document, sir, this is a regular premium, 10,000 per month. 08:28:16.760 --> 08:28:18.140 Rep. Lordan G. Suan: So ilang taon po yan? 08:28:21.820 --> 08:28:22.880 Atty. Calvin Kohchet-Chua: Five years po. 08:28:23.670 --> 08:28:24.530 Rep. Lordan G. Suan: Five years? 08:28:28.650 --> 08:28:29.170 Sen. Francis "Chiz" G. Escudero: Atty. 08:28:29.170 --> 08:28:34.430 Sen. Francis "Chiz" G. Escudero: Calvin, how much total premiums have been paid on this policy as of today? 08:28:36.360 --> 08:28:38.100 Atty. Calvin Kohchet-Chua: May I refer to my notes? 08:28:38.100 --> 08:28:38.960 Sen. Francis "Chiz" G. Escudero: Yes sir, you may. 08:28:39.320 --> 08:28:41.740 Sen. Francis "Chiz" G. Escudero: If it'll be easier for you. 08:28:47.470 --> 08:28:49.270 Atty. Calvin Kohchet-Chua: The sum 08:28:59.670 --> 08:29:02.500 Atty. Calvin Kohchet-Chua: assured po is 1 million pesos. 08:29:02.500 --> 08:29:04.520 Sen. Francis "Chiz" G. Escudero: No, total premiums paid sir. 08:29:12.290 --> 08:29:19.730 Sen. Francis "Chiz" G. Escudero: If it's 10,000 monthly, then it must have been fully paid a decade ago. 08:29:21.800 --> 08:29:23.740 Atty. Calvin Kohchet-Chua: 1 million pesos. 08:29:23.740 --> 08:29:25.950 Sen. Francis "Chiz" G. Escudero: Total premium paid. 08:29:25.950 --> 08:29:27.050 Atty. Calvin Kohchet-Chua: What year, sir? 08:29:27.090 --> 08:29:29.350 Atty. Calvin Kohchet-Chua: I'm sorry po. Total 08:29:31.140 --> 08:29:33.000 Atty. Calvin Kohchet-Chua: premium paid. 08:29:37.470 --> 08:29:42.250 Atty. Calvin Kohchet-Chua: That would be 1.2 million, sir. 08:29:42.710 --> 08:29:44.890 Rep. Lordan G. Suan: Okay. Thank you, Atty. Calvin. 08:29:46.580 --> 08:29:55.860 Rep. Lordan G. Suan: So punta po tayo sa next policy, Exhibit P-Roman numeral 2-17-5-26. 08:29:59.270 --> 08:30:04.060 Rep. Lordan G. Suan: Yes. So, kanina po nakapangalan ng insurance policy? 08:30:04.880 --> 08:30:09.320 Atty. Calvin Kohchet-Chua: The name of the policy owner is Sara Zimmerman Duterte Carpi po. 08:30:09.580 --> 08:30:12.200 Rep. Lordan G. Suan: Kailan po kinuha ang insurance investment na yan? 08:30:12.420 --> 08:30:15.280 Atty. Calvin Kohchet-Chua: Effectivity date is January 27, 2010. 08:30:15.760 --> 08:30:18.680 Rep. Lordan G. Suan: At magkano po ang total insurance premium na binayad? 08:30:23.950 --> 08:30:24.990 Atty. Calvin Kohchet-Chua: Policy number? 08:30:33.600 --> 08:30:34.900 Atty. Calvin Kohchet-Chua: 1.2 million. 08:30:36.470 --> 08:30:49.220 Rep. Lordan G. Suan: Okay. Thank you. Punta po tayo sa next policy. Exhibit P-R2-8-17-1-31. 08:30:49.220 --> 08:30:50.680 Atty. Calvin Kohchet-Chua: I have it. 08:30:50.680 --> 08:30:53.100 Rep. Lordan G. Suan: Okay. So in whose name is it? 08:30:54.200 --> 08:30:58.320 Atty. Calvin Kohchet-Chua: The name of the policy owner is Sara Zimmerman Duterte. 08:30:58.320 --> 08:30:58.820 Rep. Lordan G. Suan: Kailan 08:30:58.820 --> 08:30:59.380 Rep. Lordan G. Suan: po ginawa ang 08:30:59.380 --> 08:31:01.000 Rep. Lordan G. Suan: insurance investment na yan? 08:31:01.000 --> 08:31:03.920 Atty. Calvin Kohchet-Chua: Effectivity date is January 27, 2008. 08:31:04.570 --> 08:31:08.430 Rep. Lordan G. Suan: At makano po yung total insurance premium na binayad? 08:31:13.960 --> 08:31:17.300 Atty. Calvin Kohchet-Chua: 3,189,720 pesos. 08:31:19.200 --> 08:31:19.960 Rep. Lordan G. Suan: Thank you. 08:31:22.510 --> 08:31:35.380 Rep. Lordan G. Suan: We manifest your honor that this is now the last document for this witness. So let's take a look at P-R2-8-17-3-3. 08:31:37.610 --> 08:31:42.250 Rep. Lordan G. Suan: So kanino po nakapangalan ang insurance investment na yan, Atty. Calvin? 08:31:42.610 --> 08:31:44.930 Atty. Calvin Kohchet-Chua: Policy owner is Manases Carpio po. 08:31:46.770 --> 08:31:49.430 Rep. Lordan G. Suan: Kailan po kinuha ang insurance investment na yan? 08:31:54.760 --> 08:31:55.940 Atty. Calvin Kohchet-Chua: January 31, 08:31:57.700 --> 08:31:58.120 Atty. Calvin Kohchet-Chua: 2019. 08:31:59.460 --> 08:32:03.640 Rep. Lordan G. Suan: At magkano po yung total insurance premium na binayad for that policy? 08:32:07.210 --> 08:32:07.770 Rep. Lordan G. Suan: One 08:32:07.770 --> 08:32:08.990 Atty. Calvin Kohchet-Chua: million pesos po. 08:32:09.640 --> 08:32:10.240 Rep. Lordan G. Suan: Okay. 08:32:12.900 --> 08:32:14.720 Rep. Lordan G. Suan: No further questions, Your Honor. 08:32:14.980 --> 08:32:16.080 Sen. Francis "Chiz" G. Escudero: Attorney Linden, Gross. 08:32:16.520 --> 08:32:17.820 Atty. Lindon Miguel C. Bacquel: Few questions, Your Honor. 08:32:17.820 --> 08:32:19.870 Sen. Francis "Chiz" G. Escudero: You may proceed, sir. 08:32:19.870 --> 08:32:20.870 Atty. Lindon Miguel C. Bacquel: Good evening, sir. 08:32:21.190 --> 08:32:22.110 Atty. Calvin Kohchet-Chua: Good evening, sir. 08:32:22.550 --> 08:32:28.950 Atty. Lindon Miguel C. Bacquel: You identified three policies owned by Manassas R. Carpio, correct, sir? 08:32:28.950 --> 08:32:29.550 Atty. Calvin Kohchet-Chua: That's correct. 08:32:31.480 --> 08:32:45.120 Atty. Lindon Miguel C. Bacquel: And perusing and examining the documents you submitted, the documents would not show that Sara Zimmerman Duterte is aware of the policies owned by Manases R. Carpio, correct? 08:32:45.120 --> 08:32:46.880 Atty. Calvin Kohchet-Chua: I could not answer that part. 08:32:46.880 --> 08:33:00.280 Atty. Lindon Miguel C. Bacquel: But you would confirm also that the documents relating to the policies owned by Manases R. Carpio would not contain any Signature of the Vice President. Correct, sir? 08:33:00.800 --> 08:33:01.400 Atty. Calvin Kohchet-Chua: That's correct. 08:33:01.820 --> 08:33:03.120 Atty. Lindon Miguel C. Bacquel: No further questions, Your Honor. 08:33:03.820 --> 08:33:05.720 Sen. Francis "Chiz" G. Escudero: Thank you. Any redirect, counsel? 08:33:05.720 --> 08:33:07.440 Rep. Lordan G. Suan: No redirect, Your Honor. 08:33:07.440 --> 08:33:16.980 Sen. Francis "Chiz" G. Escudero: Atty. Calvin, maraming salamat po sa inyong panahon at sa pagsagot sa mga katanungan mula sa mga partido, magkabilang partido at sa hukumang ito. Thank you, sir. You are excused, sir. 08:33:16.980 --> 08:33:17.160 Atty. Calvin Kohchet-Chua: Thank you 08:33:17.160 --> 08:33:18.020 Atty. Calvin Kohchet-Chua: po, Your Honor. 08:33:20.470 --> 08:33:24.370 Sen. Francis "Chiz" G. Escudero: Kindly situate, Ms. Christine Cabradilla. 08:33:25.460 --> 08:33:27.460 Rep. Lordan G. Suan: Your Honor, before the witness swears in, 08:33:28.930 --> 08:33:31.090 Sen. Francis "Chiz" G. Escudero: Yes, what is the pleasure of the Honorable 08:33:31.090 --> 08:33:31.930 Sen. Francis "Chiz" G. Escudero: Soan? 08:33:31.930 --> 08:33:37.810 Rep. Lordan G. Suan: May we briefly display on the screen the figures testified by Attorney Calvin? Ito po ay... 08:33:37.810 --> 08:33:38.590 Atty. Sheila C. Sison: We 08:33:38.590 --> 08:33:39.210 Atty. Sheila C. Sison: object, Your Honor. 08:33:40.750 --> 08:33:47.190 Sen. Francis "Chiz" G. Escudero: Too late for that, Honorable Suan. What is the pleasure of the Honorable Pangilinan? 08:33:47.490 --> 08:33:54.800 Sen. Francis “Kiko” Pangilinan: I just wanted to have a... pangatlo na yun, ano, na insurance company. 08:33:54.900 --> 08:33:56.880 Sen. Francis "Chiz" G. Escudero: Yes, that is the third. So, 08:33:57.000 --> 08:34:09.010 Sen. Francis “Kiko” Pangilinan: this is the fourth? So, what is the running total? Ilan na ang policies of the three insurance? How many policies total have you placed on record? 08:34:09.330 --> 08:34:12.690 Rep. Lordan G. Suan: Your Honor, may we be allowed to flash this on the screen, the totals? 08:34:12.690 --> 08:34:14.070 Sen. Francis “Kiko” Pangilinan: No, not the 08:34:14.070 --> 08:34:17.110 Sen. Francis “Kiko” Pangilinan: amounts, just the number. Just the number of policies. 08:34:17.110 --> 08:34:20.320 Sen. Francis "Chiz" G. Escudero: So far, thus far? 08:34:20.320 --> 08:34:32.770 Sen. Francis “Kiko” Pangilinan: With the three companies, there are, I think, three, six, five. I just want to have a sense of... 08:34:33.060 --> 08:34:39.580 Sen. Francis "Chiz" G. Escudero: According to the Senate President, it's 11 policies thus far for the three insurance companies. Eleven policies. 08:34:41.400 --> 08:34:41.960 Sen. Francis "Chiz" G. Escudero: Eleven. 08:34:42.280 --> 08:34:43.020 Rep. Lordan G. Suan: Running total. 08:34:43.300 --> 08:34:47.620 Sen. Francis "Chiz" G. Escudero: Wait lang po. Yes, Honorable Son, you have another figure? 08:34:56.740 --> 08:34:57.300 Sen. Francis "Chiz" G. Escudero: Let's 08:34:57.300 --> 08:34:59.960 Sen. Francis "Chiz" G. Escudero: satisfy ourselves with the eleven figure of the Senate President. 08:34:59.960 --> 08:35:00.520 Rep. Lordan G. Suan: Yes, Your Honor. 08:35:01.140 --> 08:35:05.440 Sen. Francis “Kiko” Pangilinan: Considering the Senate President is a stickler for numbers, I think we will... 08:35:05.440 --> 08:35:08.660 Sen. Francis "Chiz" G. Escudero: What is the pressure of... Atty. Sheila? 08:35:09.040 --> 08:35:16.760 Atty. Sheila C. Sison: Good evening, Your Honor. Just for our guidance, does the court intend to finish all the witnesses who still remain in the DHR tonight, Your Honor? 08:35:16.760 --> 08:35:17.100 Sen. Francis "Chiz" G. Escudero: I know it's 08:35:17.100 --> 08:35:27.320 Sen. Francis "Chiz" G. Escudero: 6.30, but I asked, Atty. Sheila, there are only two policies per insurance company. 08:35:27.320 --> 08:35:27.800 Atty. Sheila C. Sison: Yes, Your Honor. 08:35:27.880 --> 08:35:30.060 Atty. Sheila C. Sison: We're not complaining. We just want to know. 08:35:32.890 --> 08:35:34.230 Sen. Francis "Chiz" G. Escudero: Sinabi na natin, dalawang araw 08:35:34.230 --> 08:35:35.890 Sen. Francis "Chiz" G. Escudero: na kasi nandito. So let's 08:35:35.890 --> 08:35:38.570 Sen. Francis "Chiz" G. Escudero: try to finish only up to this, BAR, and the rest tomorrow. 08:35:38.990 --> 08:35:40.090 Atty. Sheila C. Sison: Okay, thank you, Your Honor. 08:35:40.570 --> 08:35:44.190 Sen. Francis "Chiz" G. Escudero: Thank you, Attorney Sheila, for the accommodation. Kindly stand up, Ms. Christine. 08:35:46.030 --> 08:35:47.890 Sen. Francis "Chiz" G. Escudero: The clerk is directed to administer those. 08:35:48.410 --> 08:36:00.600 Atty. Renato N. Bantug Jr.: Kindly raise your right hand. You, Christine Cabradilla, do swear that the evidence you shall give in the case now pending between the Philippines and Vice President Zara Zimmerman Duterte shall be the truth, the whole truth, and nothing but the truth. So help me God. 08:36:01.980 --> 08:36:02.780 Christine Cabradilla: Yes, Your Honor. 08:36:03.530 --> 08:36:06.390 Sen. Francis "Chiz" G. Escudero: Thank you. Naunawa niyo po inyong pinanumpaan, Ma'am Christine? 08:36:07.030 --> 08:36:07.590 Christine Cabradilla: Opo. 08:36:08.690 --> 08:36:15.750 Sen. Francis "Chiz" G. Escudero: Honorable Suan, same offer, subject to the limitations of the court. And Attorney Rob, it'll be you? 08:36:15.750 --> 08:36:16.510 Atty. Roberto N. Batungbacal: Yes, Your Honor. 08:36:16.510 --> 08:36:17.910 Sen. Francis "Chiz" G. Escudero: Same objections and 08:36:17.910 --> 08:36:19.750 Sen. Francis "Chiz" G. Escudero: or comments to the limited offer? 08:36:19.750 --> 08:36:21.330 Atty. Roberto N. Batungbacal: Same objections and comments, Your Honor. 08:36:21.450 --> 08:36:26.270 Sen. Francis "Chiz" G. Escudero: Yes, Your Honor. You may proceed, Honorable Suan, with your direct examination of Ms. Christine. 08:36:27.000 --> 08:36:29.340 Rep. Lordan G. Suan: Good afternoon, Ms. Christine. 08:36:29.340 --> 08:36:29.640 Christine Cabradilla: Good 08:36:29.640 --> 08:36:30.280 Christine Cabradilla: afternoon po. 08:36:30.860 --> 08:36:32.300 Rep. Lordan G. Suan: Let's proceed to exhibit 08:36:34.520 --> 08:36:42.560 Rep. Lordan G. Suan: Roman numeral 2-8-13-3-2 BPI-AIA. 08:36:52.300 --> 08:36:52.840 Sen. Francis "Chiz" G. Escudero: What 08:36:52.840 --> 08:36:53.760 Sen. Francis "Chiz" G. Escudero: is happening? 08:36:53.760 --> 08:37:00.500 Rep. Lordan G. Suan: Before that, my apologies, Your Honor. We would like to get to know the witness first for a little bit. 08:37:00.680 --> 08:37:02.480 Sen. Francis "Chiz" G. Escudero: Please proceed, Honorable Sohan. 08:37:04.800 --> 08:37:11.640 Rep. Lordan G. Suan: Ms. Christine, maaari niyo po bang sabihin ang inyong buong pangalan, posisyon, at kompanyang inyong kinakatawan? 08:37:12.090 --> 08:37:20.250 Christine Cabradilla: Ako po si Christine Cabradilla. Policy changes head po ako sa AIA Philippines. 08:37:21.120 --> 08:37:27.800 Rep. Lordan G. Suan: Ano po ang inyong tungkulin at responsibilidad sa position niyo ngayon sa 08:37:27.800 --> 08:37:29.060 Rep. Lordan G. Suan: inyong kumpanya? 08:37:29.060 --> 08:37:36.260 Christine Cabradilla: My team handles after sales transactions and policy servicing as well as customer records. 08:37:37.650 --> 08:37:41.550 Rep. Lordan G. Suan: So ano po yung dahilan kung bakit nandito kayo ngayon sa hukumang ito? 08:37:41.860 --> 08:37:45.980 Christine Cabradilla: Meron po akong access sa policy records ng mga customers namin. 08:37:46.820 --> 08:37:52.920 Rep. Lordan G. Suan: What did you do with those records regarding this impeachment case? 08:37:53.500 --> 08:38:12.290 Christine Cabradilla: When I received the subpoena from our legal and compliance office, we gathered all the documents and I prepared a certificate and signed it together with all the documents available in our records. 08:38:12.290 --> 08:38:12.810 Rep. Lordan G. Suan: Okay. 08:38:12.930 --> 08:38:17.510 Rep. Lordan G. Suan: So if those documents were shown to you, would you be able to recognize them? 08:38:17.930 --> 08:38:18.750 Christine Cabradilla: Yes, Your Honor. 08:38:27.270 --> 08:38:41.400 Rep. Lordan G. Suan: So punta po tayo sa exhibit number 2- Roman numeral 2-8-13-3-2-BPI-AIA. 08:38:41.820 --> 08:38:42.540 Rep. Lordan G. Suan: Do 08:38:44.940 --> 08:38:45.320 Rep. Lordan G. Suan: you have it? 08:38:45.720 --> 08:38:46.960 Christine Cabradilla: Yes, Your Honor. 08:38:47.420 --> 08:38:50.820 Rep. Lordan G. Suan: So, kanino po nakapangalan ang insurance investment na to? 08:38:52.300 --> 08:38:54.500 Christine Cabradilla: Kay Atty. Manases Carpio. 08:38:55.050 --> 08:38:58.250 Rep. Lordan G. Suan: Kailan po kinuha ang insurance investment na to? 08:38:59.920 --> 08:39:01.320 Christine Cabradilla: Feb 13, 2013. 08:39:02.460 --> 08:39:02.860 Rep. Lordan G. Suan: So, 08:39:03.000 --> 08:39:07.860 Rep. Lordan G. Suan: base po sa dokumentong yan, magkano po yung total insurance premium na binayad? 08:39:09.410 --> 08:39:11.330 Christine Cabradilla: 30,000 USD. 08:39:15.280 --> 08:39:16.980 Rep. Lordan G. Suan: Single payment po ba ito? 08:39:17.260 --> 08:39:19.140 Christine Cabradilla: Yes po, single payment po. 08:39:19.280 --> 08:39:21.520 Rep. Lordan G. Suan: How much is this in Philippine pesos? 08:39:23.310 --> 08:39:29.610 Christine Cabradilla: During that time, 2013, around 1.3, 1.4. 08:39:30.290 --> 08:39:45.310 Rep. Lordan G. Suan: Okay. So ano po yung pagkakaiba ng dollar denominated insurance investment sa ordinaryong peso denominated insurance investment pagdating sa paglalagay at pag-withdraw ng pondo? 08:39:45.800 --> 08:40:10.860 Christine Cabradilla: Wala pong... Kaibahan, meron po pala, pag VUL po kasi, pag unit link na dollar, meron po siyang execution date. So, if ngayon ka mag-process ng transaction, kailangan mong hintayin na mag-sell or mag-execute yung funds before you actually paid it out to the customer. 08:40:11.260 --> 08:40:11.880 Rep. Lordan G. Suan: Okay. 08:40:16.870 --> 08:40:18.650 Rep. Lordan G. Suan: No further questions, Your Honor. 08:40:20.440 --> 08:40:21.880 Sen. Francis "Chiz" G. Escudero: Attorney Rob? 08:40:21.880 --> 08:40:23.340 Atty. Roberto N. Batungbacal: Yes, your honor, just a few. 08:40:23.340 --> 08:40:24.680 Sen. Francis "Chiz" G. Escudero: You may proceed with your cross. 08:40:24.680 --> 08:40:43.320 Atty. Roberto N. Batungbacal: Good evening, ma'am. Ma'am, you talked about the invest plus dollar under the name of Manases Carpio, correct? And to open or to get this account, of course, you have to sign forms, correct? 08:40:43.320 --> 08:40:44.360 Christine Cabradilla: Yes, your honor. 08:40:44.360 --> 08:40:50.410 Atty. Roberto N. Batungbacal: Yes, and of course, the policy owner will have to sign the forms, correct? 08:40:50.410 --> 08:40:51.090 Christine Cabradilla: Yes, Your Honor. 08:40:51.090 --> 08:40:53.420 Atty. Roberto N. Batungbacal: Does the spouse have to sign the forms? 08:40:53.420 --> 08:40:54.380 Christine Cabradilla: No, Your Honor. 08:40:54.380 --> 08:40:55.700 Atty. Roberto N. Batungbacal: How about the beneficiary? 08:40:55.700 --> 08:40:56.400 Christine Cabradilla: No, Your Honor. 08:40:56.400 --> 08:40:58.200 Atty. Roberto N. Batungbacal: How about the trustee? 08:40:58.200 --> 08:40:59.910 Christine Cabradilla: No. 08:40:59.910 --> 08:41:01.770 Atty. Roberto N. Batungbacal: No further questions, Your Honor. 08:41:01.910 --> 08:41:03.770 Sen. Francis "Chiz" G. Escudero: Any redirect, Honorable Son? 08:41:03.770 --> 08:41:04.630 Rep. Lordan G. Suan: Yes, Your Honor. 08:41:04.630 --> 08:41:05.070 Sen. Francis "Chiz" G. Escudero: You may proceed, 08:41:05.150 --> 08:41:07.490 Rep. Lordan G. Suan: Sir. Ms. Witness, ano pong dollar na ito? 08:41:09.790 --> 08:41:13.370 Atty. Roberto N. Batungbacal: Your Honor, objection, Your Honor. Not subject to cross, Your Honor. 08:41:13.490 --> 08:41:14.090 Rep. Lordan G. Suan: What was 08:41:14.090 --> 08:41:14.650 Rep. Lordan G. Suan: the question? 08:41:14.650 --> 08:41:15.070 Sen. Francis "Chiz" G. Escudero: Ano tong 08:41:15.070 --> 08:41:15.630 Rep. Lordan G. Suan: dollar na 08:41:15.630 --> 08:41:15.640 Rep. Lordan G. Suan: ito? 08:41:15.640 --> 08:41:15.650 Atty. Roberto N. Batungbacal: Vague, Your Honor 08:41:15.650 --> 08:41:18.770 Rep. Lordan G. Suan: Opposing counsel just mentioned it, Your Honor. 08:41:19.270 --> 08:41:19.670 Rep. Lordan G. Suan: The 08:41:19.670 --> 08:41:20.010 Rep. Lordan G. Suan: dollar. 08:41:21.210 --> 08:41:23.330 Sen. Francis "Chiz" G. Escudero: No, what do you mean by ano tong dollar na to? 08:41:23.430 --> 08:41:23.970 Rep. Lordan G. Suan: Yes, Your Honor. 08:41:24.810 --> 08:41:26.630 Sen. Francis "Chiz" G. Escudero: Kindly be more specific, Honorable Swan. 08:41:26.850 --> 08:41:33.280 Rep. Lordan G. Suan: Which currency from whichever country is this dollar? 08:41:33.280 --> 08:41:33.840 Atty. Roberto N. Batungbacal: Your Honor, 08:41:33.880 --> 08:41:39.440 Atty. Roberto N. Batungbacal: objection. This is not part of cross, Your Honor. Asked and answered already by the witness. Not part 08:41:39.440 --> 08:41:40.600 Atty. Roberto N. Batungbacal: of cross. 08:41:40.600 --> 08:41:44.160 Sen. Francis "Chiz" G. Escudero: And the court can take judicial notice of what's in the document, Honorable Suan. 08:41:44.160 --> 08:41:44.460 Rep. Lordan G. Suan: Very 08:41:44.460 --> 08:41:44.680 Rep. Lordan G. Suan: well, 08:41:44.700 --> 08:41:45.080 Rep. Lordan G. Suan: Your Honor. 08:41:46.700 --> 08:41:47.540 Sen. Francis "Chiz" G. Escudero: Any recross? 08:41:48.550 --> 08:41:49.610 Atty. Roberto N. Batungbacal: No recross, Your Honor. 08:41:50.850 --> 08:41:53.030 Sen. Francis "Chiz" G. Escudero: Atty. Rather, Ms. 08:41:53.110 --> 08:41:54.190 Sen. Francis "Chiz" G. Escudero: Christine. 08:41:54.190 --> 08:41:54.970 Christine Cabradilla: Yes, Your Honor. 08:41:55.150 --> 08:42:01.690 Sen. Francis "Chiz" G. Escudero: Sorry for the wait. Thank you for your patience and thank you for answering the questions of the parties. You are excused, ma'am. 08:42:01.690 --> 08:42:02.710 Christine Cabradilla: Thank you so much, Your Honor. 08:42:02.710 --> 08:42:02.711 Sen. Francis "Chiz" G. Escudero: With the 08:42:02.711 --> 08:42:02.970 Sen. Francis "Chiz" G. Escudero: court's appreciation. 08:42:04.910 --> 08:42:09.050 Sen. Francis "Chiz" G. Escudero: Kindly situate Ms. Defensor to 08:42:10.620 --> 08:42:11.600 Sen. Francis "Chiz" G. Escudero: the witness stand. 08:42:12.060 --> 08:42:15.560 Atty. Roberto N. Batungbacal: Your Honor, I ask that Atty. Justin be recognized. 08:42:16.240 --> 08:42:17.560 Sen. Francis "Chiz" G. Escudero: Atty. Justin is recognized. 08:42:19.920 --> 08:42:20.980 Atty. Justin Nicol B. Gular: Good evening, Your Honor. 08:42:22.180 --> 08:42:23.400 Sen. Francis "Chiz" G. Escudero: Good evening, Attorney Justin. 08:42:27.170 --> 08:42:34.710 Rep. Lordan G. Suan: Your Honor, may we call to the witness box the representative from Allianz PNB Life Insurance Incorporated. 08:42:48.420 --> 08:42:51.100 Sen. Francis "Chiz" G. Escudero: The clerk is directed to administer the oaths. 08:42:52.270 --> 08:43:07.900 Atty. Renato N. Bantug Jr.: Ma'am, please stand and raise your right hand. You, Hygeia, Defensor, do swear that the evidence you shall give in the case now pending between the Philippines and Vice President Cyrus Jim Ramon Duterte shall be the truth, the whole truth, and nothing but the truth. So help you God. 08:43:08.360 --> 08:43:09.200 Hygeia C. Defensor: Yes, Your Honor. 08:43:11.250 --> 08:43:14.410 Sen. Francis "Chiz" G. Escudero: Kindly answer through the mic, ma'am. 08:43:14.810 --> 08:43:15.630 Hygeia C. Defensor: Yes, Your Honor. 08:43:15.930 --> 08:43:17.650 Sen. Francis "Chiz" G. Escudero: Yes, ma'am. How do you pronounce your name, ma'am? 08:43:18.130 --> 08:43:18.590 Hygeia C. Defensor: Hygeia po. 08:43:19.750 --> 08:43:20.910 Sen. Francis "Chiz" G. Escudero: Hygiea. Okay. 08:43:22.670 --> 08:43:27.630 Sen. Francis "Chiz" G. Escudero: Naunawaan niyo po yung inyong pinanumpaan, Ma'am Hygeia. Ka-ognize sa testimonyong bibigyan niyo sa hukumang ito? 08:43:27.870 --> 08:43:28.270 Hygeia C. Defensor: Opo. 08:43:29.770 --> 08:43:34.790 Sen. Francis "Chiz" G. Escudero: Honorable Suan, same offer, subject to the limitations prescribed by the Presiding Officer? 08:43:35.130 --> 08:43:35.750 Rep. Lordan G. Suan: Yes, Your Honor. 08:43:36.520 --> 08:43:39.520 Sen. Francis "Chiz" G. Escudero: Attorney Justin, same? Objections and comments? 08:43:39.960 --> 08:43:40.400 Rep. Lordan G. Suan: Yes, Your Honor. 08:43:41.100 --> 08:43:44.040 Sen. Francis "Chiz" G. Escudero: You may proceed with your direct examination, Honorable Son. 08:43:46.190 --> 08:43:53.210 Rep. Lordan G. Suan: Ms. Witness, maaari niyo bang sabihin ang inyong buong pangalan, posisyon, at kumpanyang kinakatawan? 08:43:53.870 --> 08:44:01.050 Hygeia C. Defensor: Ako po si Hygeia C. Defensor. Ako po yung Policy Management Head ng Allianz PNB Life Insurance. 08:44:02.190 --> 08:44:06.850 Rep. Lordan G. Suan: Ano po ang inyong tungkulin at responsibilidad sa nasabing posisyon? 08:44:07.690 --> 08:44:16.550 Hygeia C. Defensor: My team handles after-sales transactions so that includes billing and collection, servicing, so any changes and benefits. 08:44:17.290 --> 08:44:22.350 Rep. Lordan G. Suan: So ano po yung dahilan ng inyong pagharap dito ngayong araw sa hukumang ito? 08:44:23.430 --> 08:44:30.410 Hygeia C. Defensor: Ako po yung na-authorize ng company to represent Allianz in connection to the subpoena I received. 08:44:30.830 --> 08:44:37.550 Rep. Lordan G. Suan: Okay, so based on the subpoena, what documents did your... Did your company submit to this honorable court? 08:44:39.810 --> 08:44:51.730 Hygeia C. Defensor: That includes the policy contract, copy of the policy contract, ITR, copy of valid IDs, and then 08:44:52.250 --> 08:44:55.610 Hygeia C. Defensor: e 08:44:57.780 --> 08:45:00.740 Hygeia C. Defensor: -pay copy po. 08:45:01.040 --> 08:45:17.540 Rep. Lordan G. Suan: Okay. Ms. Hyjia, punta po tayo sa exhibit P-Roman numeral 2-8. 16-1-1 PNBA to 16-2-11 So 08:45:38.120 --> 08:45:42.340 Rep. Lordan G. Suan: let's move on to a more specific document P 08:45:44.510 --> 08:45:55.190 Rep. Lordan G. Suan: -Roman numeral 2-8-16-2-1 for the policy So kanino po nakapangalan ng policy na ito? 08:45:55.470 --> 08:45:59.670 Hygeia C. Defensor: Ang policy owner po is si Mr. Manases R. Carpio 08:46:00.900 --> 08:46:04.600 Rep. Lordan G. Suan: Miss Hygiea, kailan po kinuha itong insurance investment na to? 08:46:05.080 --> 08:46:10.000 Hygeia C. Defensor: Ang effectivity date po ng policy ay May 3, 2021. 08:46:11.590 --> 08:46:17.240 Rep. Lordan G. Suan: Based on this document, magkano po yung total insurance payment na binayad? 08:46:17.500 --> 08:46:22.120 Hygeia C. Defensor: Based on this po, $11,700 US dollars. 08:46:22.640 --> 08:46:23.380 Rep. Lordan G. Suan: Okay. 08:46:26.400 --> 08:46:39.800 Rep. Lordan G. Suan: So, punta po tayo sa exhibit. P-Roman numeral 2-8-16-1-1 So 08:46:51.030 --> 08:46:55.510 Rep. Lordan G. Suan: do you have it? Kanino po nakapangalan ng insurance investment na to? 08:46:55.990 --> 08:46:59.210 Hygeia C. Defensor: Policy owner po, Mr. Manases R. Carpio. 08:46:59.410 --> 08:47:01.550 Rep. Lordan G. Suan: At kailan po ito kinuha? 08:47:02.350 --> 08:47:05.030 Hygeia C. Defensor: Effective date po, October 6, 2021. 08:47:05.910 --> 08:47:09.910 Rep. Lordan G. Suan: Makano po yung total insurance premium na binayad para sa policy na ito? 08:47:10.360 --> 08:47:12.920 Hygeia C. Defensor: Premium po is 100,000 USD. 08:47:16.570 --> 08:47:18.530 Rep. Lordan G. Suan: Makano kaya to in pesos? 08:47:20.490 --> 08:47:25.510 Hygeia C. Defensor: Wala po kasi kaming conversion kasi dollar policy siya na ibayad. 08:47:25.510 --> 08:47:26.230 Rep. Lordan G. Suan: Okay, 08:47:26.310 --> 08:47:27.710 Rep. Lordan G. Suan: so 100,000 USD. 08:47:31.730 --> 08:47:32.450 Hygeia C. Defensor: Opo. 08:47:34.120 --> 08:47:42.260 Rep. Lordan G. Suan: So paano po binayaran ng mga insurance investment premiums na nabanggit based sa records whether cash ba, bank transfer, or checks? 08:47:42.700 --> 08:47:45.380 Hygeia C. Defensor: Based po sa records namin, cash po siya. 08:47:45.520 --> 08:47:45.860 Rep. Lordan G. Suan: Okay. 08:47:50.640 --> 08:47:52.200 Rep. Lordan G. Suan: No further questions, Your Honor. 08:47:52.480 --> 08:47:53.660 Sen. Francis "Chiz" G. Escudero: Attorney Justin? 08:47:53.660 --> 08:47:55.140 Atty. Justin Nicol B. Gular: A few questions on Crossroads. 08:47:55.140 --> 08:47:56.280 Sen. Francis "Chiz" G. Escudero: You may proceed, sir. 08:47:56.280 --> 08:48:06.460 Atty. Justin Nicol B. Gular: Ma'am, kanina po sinabi niyo na dalawa pong insurance policies ang nasa records niyo na nasa ilalim po ng pangalan ni Manases R. Carpio. Tama po ba? 08:48:06.700 --> 08:48:07.300 Hygeia C. Defensor: Tama po. 08:48:07.460 --> 08:48:10.800 Atty. Justin Nicol B. Gular: Ano po yung status ng mga insurance policies na ito? 08:48:11.360 --> 08:48:12.960 Hygeia C. Defensor: Pareho na po silang surrendered. 08:48:13.540 --> 08:48:25.400 Atty. Justin Nicol B. Gular: Okay. Ma'am, sinabi niyo po kanina na ang pinambayad po sa pangalawa ang policy na Dinescuss po ng kagalang-galang na prosecutor ay 100,000 US dollars. Tama po ba? 08:48:25.640 --> 08:48:26.160 Hygeia C. Defensor: Tama po. 08:48:26.280 --> 08:48:39.440 Atty. Justin Nicol B. Gular: At sinabi niyo po kanina na binayaran po ito ng cash. Tama po ba? Wala naman po kayong personal knowledge kung yung 100,000 pesos na binayad ni Atty. Mons ay galing sa kanyang sariling funds. Tama po ba? 08:48:40.900 --> 08:48:45.400 Hygeia C. Defensor: Wala po kami. Yung payment po kasi is coming from the policy owner. 08:48:45.700 --> 08:48:49.540 Atty. Justin Nicol B. Gular: Yes. But hindi niyo po alam kung ang 100,000 mismo ay 08:49:05.760 --> 08:49:07.120 Atty. Justin Nicol B. Gular: Meron 08:49:07.120 --> 08:49:14.860 Hygeia C. Defensor: po tayong KYC na ginagawa kung Able ba sila to pay for the premium? 08:49:15.260 --> 08:49:25.200 Atty. Justin Nicol B. Gular: I'll accept that answer, ma'am. Ma'am, pag kumukuha po yung isang married na tao ng isang insurance policy, hindi naman po required na kumuha ng consent ng ating spouse. Tama po ba? 08:49:25.460 --> 08:49:26.180 Hygeia C. Defensor: Hindi po. 08:49:26.400 --> 08:49:32.780 Atty. Justin Nicol B. Gular: Kahit na yung spouse natin ay isa sa mga beneficiaries na nilalagay sa ating insurance contract. Tama po ba? 08:49:32.980 --> 08:49:33.440 Hygeia C. Defensor: Tama po. 08:49:33.620 --> 08:49:42.460 Atty. Justin Nicol B. Gular: At sa pag-execute po natin ng policy, Kasama sa insurance company, hindi rin po naman kailangan na mag-sign yung ating spouse. Tama po ba? 08:49:42.600 --> 08:49:43.080 Hygeia C. Defensor: Tama po. 08:49:43.300 --> 08:49:51.640 Atty. Justin Nicol B. Gular: Kahit na yung spouse natin ay isa sa mga beneficiary sa insurance policy. Hindi pa rin siya kailangan pumirma sa kontrara. Tama po ba? 08:49:51.800 --> 08:49:52.220 Hygeia C. Defensor: Tama po. 08:49:52.480 --> 08:50:03.240 Atty. Justin Nicol B. Gular: Wala po rin po tayong requirement na sa pagbayad natin ng premium ng insurance holder or yung nag-applicant ay kailangan manotify yung spouse sa pagbayad mismo ng premium. Tama po ba? 08:50:03.400 --> 08:50:03.860 Hygeia C. Defensor: Tama po. 08:50:03.980 --> 08:50:11.200 Atty. Justin Nicol B. Gular: Hindi rin ninonotify ng insurance company. Ang spouse, kahit na beneficiary siya, nabayad na yung premium. Tama po ba? 08:50:11.280 --> 08:50:11.820 Hygeia C. Defensor: Tama po. 08:50:11.980 --> 08:50:23.320 Atty. Justin Nicol B. Gular: At pati po, sa pag-terminate or pag-surrender ng policy, wala pong requirement upon the policyholder or sa insurance company na inotify yung spouse. Tama po ba? 08:50:23.840 --> 08:50:24.540 Hygeia C. Defensor: Tama po. 08:50:24.840 --> 08:50:42.170 Atty. Justin Nicol B. Gular: So, ibig sabihin, yung aware lang sa pagkuha ng policy sa kumpanya niyo po, Sa pag-execute at sa pag-pirma at sa pagbayad ng premiums at pati sa yung sinabi nyo kanina na pag-terminate ay si, sa pagkakaalam nyo lang po, ay si Atty. Manassas R. Carpio. Tama po ba? 08:50:42.170 --> 08:50:42.430 Hygeia C. Defensor: Tama 08:50:42.430 --> 08:50:42.670 Hygeia C. Defensor: po. 08:50:42.810 --> 08:50:43.970 Atty. Justin Nicol B. Gular: No further questions, Your Honor. 08:50:44.690 --> 08:50:45.090 Sen. Francis "Chiz" G. Escudero: Redirect, 08:50:45.130 --> 08:50:46.550 Sen. Francis "Chiz" G. Escudero: um, Honorable Zon. 08:50:46.550 --> 08:50:47.730 Rep. Lordan G. Suan: Just one question, Your Honor. 08:50:47.730 --> 08:50:48.730 Sen. Francis "Chiz" G. Escudero: Please, you may proceed, sir. 08:50:48.730 --> 08:50:51.470 Rep. Lordan G. Suan: Ms. Witness, you mentioned that it was surrendered. 08:50:52.490 --> 08:50:52.890 Hygeia C. Defensor: Ano 08:50:52.890 --> 08:50:53.730 Rep. Lordan G. Suan: pong ibig sabihin yan? 08:50:54.410 --> 08:50:59.650 Hygeia C. Defensor: Um, kinuha na po yung fund. Kinuha na yung policy. 08:51:00.050 --> 08:51:02.350 Rep. Lordan G. Suan: So, nabalik yung perang binayad? 08:51:03.350 --> 08:51:18.890 Hygeia C. Defensor: Ang surrender value po kasi natin hindi siya exactly the amount paid. So, depending on the fund value. Kasi yung plan po na na-mention natin ay VUL, Variable Unit Link Product. So, depending po siya sa fund at the time of surrender. 08:51:19.450 --> 08:51:21.450 Rep. Lordan G. Suan: So, it may be lower or higher? 08:51:21.790 --> 08:51:22.330 Hygeia C. Defensor: Yes po. 08:51:22.570 --> 08:51:24.350 Rep. Lordan G. Suan: Okay. Kailan po kinuha? 08:51:25.010 --> 08:51:27.270 Hygeia C. Defensor: Yung policy po, kinuha. 08:52:11.680 --> 08:52:16.060 Hygeia C. Defensor: Yung surrender po was last March 2025. 08:52:17.360 --> 08:52:21.460 Rep. Lordan G. Suan: Okay, so sino pong nag-benefit sa surrender? 08:52:22.930 --> 08:52:27.250 Hygeia C. Defensor: Yung surrender proceeds po napupunta lang sa policy owner. 08:52:27.630 --> 08:52:28.910 Rep. Lordan G. Suan: And who is the policy owner? 08:52:29.250 --> 08:52:32.150 Hygeia C. Defensor: Ang policy owner po si Mr. Manessis R. Carpio. 08:52:32.810 --> 08:52:45.880 Rep. Lordan G. Suan: Okay. You also mentioned earlier that it's possible that it's not the policyholder who actually paid for it when cross-examined by the defense counsel? 08:52:46.440 --> 08:52:53.090 Hygeia C. Defensor: The payment slip is coming from— yung payment slip po is naka-name sa policy owner. 08:52:53.650 --> 08:52:57.590 Rep. Lordan G. Suan: Okay. No further questions, Your Honor. 08:52:57.770 --> 08:53:01.190 Sen. Francis "Chiz" G. Escudero: Before, Senator Judge Pungin, any recross, Atty. Justin? 08:53:01.190 --> 08:53:01.390 Atty. Justin Nicol B. Gular: Very 08:53:01.390 --> 08:53:02.190 Atty. Justin Nicol B. Gular: short recross, 08:53:02.190 --> 08:53:02.290 Atty. Justin Nicol B. Gular: Your Honor. 08:53:02.290 --> 08:53:03.530 Sen. Francis "Chiz" G. Escudero: Yes, please proceed, Atty. Justin. 08:53:04.010 --> 08:53:13.090 Atty. Justin Nicol B. Gular: Ma'am, sinabi niyo po kanina na nasauli na po yung anumang amount upon the surrender kay attorney Manases R. Carpio. Tama po ba? 08:53:13.230 --> 08:53:13.610 Hygeia C. Defensor: Opo. 08:53:13.810 --> 08:53:20.670 Atty. Justin Nicol B. Gular: Pag nasauli na po yung pera, syempre wala nang alam yung insurance company kung paano ginamit o ginabit ba yung pera. 08:53:20.670 --> 08:53:21.370 Hygeia C. Defensor: Opo. 08:53:21.370 --> 08:53:22.550 Atty. Justin Nicol B. Gular: Thank you. No further questions. 08:53:23.110 --> 08:53:25.370 Sen. Francis "Chiz" G. Escudero: Senator Judge Pangilinan, first. 08:53:30.180 --> 08:53:32.740 Sen. Francis “Kiko” Pangilinan: Yes, good evening. 08:53:32.740 --> 08:53:33.900 Hygeia C. Defensor: Good evening po. 08:53:33.900 --> 08:53:38.030 Sen. Francis “Kiko” Pangilinan: Ms. Defensor. Dalawa yung policy na sinorender. 08:53:38.610 --> 08:53:39.490 Sen. Francis “Kiko” Pangilinan: Yung 08:53:39.490 --> 08:53:46.470 Sen. Francis “Kiko” Pangilinan: nabangkit mo yung una, last March 2025. 08:53:48.050 --> 08:53:50.070 Sen. Francis “Kiko” Pangilinan: Yung isa, kailan sinorender? 08:53:50.250 --> 08:53:50.830 Hygeia C. Defensor: Pareho po, 08:53:51.030 --> 08:53:52.270 Hygeia C. Defensor: 2025. 08:53:52.270 --> 08:53:57.240 Sen. Francis “Kiko” Pangilinan: So pag sinorender, nasa dokumento magkano yung amount? 08:53:57.240 --> 08:53:58.260 Hygeia C. Defensor: Opo. 08:53:58.260 --> 08:53:59.700 Sen. Francis “Kiko” Pangilinan: So how much was the... 08:54:01.940 --> 08:54:04.380 Sen. Francis “Kiko” Pangilinan: What do you call it? Anong term? Surrender 08:54:04.380 --> 08:54:04.600 Hygeia C. Defensor: value. 08:54:05.300 --> 08:54:06.500 Hygeia C. Defensor: Surrender value. 08:54:06.500 --> 08:54:06.820 Sen. Francis “Kiko” Pangilinan: Okay. 08:54:07.640 --> 08:54:13.800 Hygeia C. Defensor: For policy number 105-178958. 08:54:13.800 --> 08:54:14.140 Sen. Francis "Chiz" G. Escudero: Just 08:54:14.140 --> 08:54:15.960 Sen. Francis "Chiz" G. Escudero: the ending number would suffice, Ms. AJ. 08:54:16.660 --> 08:54:21.900 Hygeia C. Defensor: Surrender value po is 8,547.48 USD. 08:54:22.880 --> 08:54:24.100 Sen. Francis "Chiz" G. Escudero: 8,000? 08:54:24.100 --> 08:54:24.640 Hygeia C. Defensor: Yes 08:54:24.640 --> 08:54:24.860 Hygeia C. Defensor: po. 08:54:25.500 --> 08:54:28.900 Sen. Francis “Kiko” Pangilinan: So yung $100,000 naging $8,000? 08:54:29.080 --> 08:54:30.820 Hygeia C. Defensor: Yung 11-7 po. 08:54:31.140 --> 08:54:32.880 Sen. Francis “Kiko” Pangilinan: Ah, okay. And then the other one? 08:54:33.240 --> 08:54:41.500 Hygeia C. Defensor: The other one po, yung ending 11-7 policy number, $74,960.80 USD. 08:54:42.060 --> 08:54:55.120 Sen. Francis “Kiko” Pangilinan: So $8,000 and $74,000, give or take a few dollars, ang total na surrender value of both. Okay, thank you. 08:54:56.620 --> 08:55:00.150 Sen. Francis "Chiz" G. Escudero: Senator Judge Erwin Tulfo is recognized. 08:55:08.420 --> 08:55:15.740 Sen. Erwin Tulfo: Ma'am, ilang insurance, ilang pong policies po ito lahat-lahat based sa records po ninyo? 08:55:16.360 --> 08:55:17.800 Hygeia C. Defensor: Dalawang policy po. 08:55:17.960 --> 08:55:30.100 Sen. Erwin Tulfo: Dalawang policy. Tapos we need draw lang, hindi po tinapos yung ika nga, yung ika nga, date or maturity, hindi na. 08:55:30.480 --> 08:55:31.120 Hygeia C. Defensor: Hindi na po. 08:55:31.300 --> 08:55:35.820 Sen. Erwin Tulfo: So pag wini-draw po na ganon, pag hini-tinapos, may bawas po, di po ba? 08:55:36.300 --> 08:55:47.660 Hygeia C. Defensor: Dito po sa nakuha nilang insurance policy, ang basis lang po natin is the fund value based on the next pricing date kung kailan po na-approve yung surrender. So wala po siyang surrender charge. 08:55:48.280 --> 08:56:02.480 Sen. Erwin Tulfo: Okay. Normal ba pag ganyang klaseng policy na yung kumukuha ng policy, wini-withdraw lang nila or mas marami sa inyong company ang Inaantay yung maturity date? 08:56:04.040 --> 08:56:17.770 Hygeia C. Defensor: Depende po sa plan. So, normally po pag ganito na mga investment type of policy, pwede po siya ma-withdraw anytime based on the fund value. 08:56:18.110 --> 08:56:28.980 Sen. Erwin Tulfo: Tinanong ko po ito sa ibang insurance companies din kanina. Alam naman ho ninyo yung ikang ugnaya ng tao na ito sa isang government official. Tama po ba? 08:56:29.200 --> 08:56:29.820 Hygeia C. Defensor: Opo. 08:56:30.060 --> 08:56:42.440 Sen. Erwin Tulfo: Alam ho ninyo yun. Okay. Hindi na ho ninyo kailangang questionin ba because siya po ay asawa. Hindi naman talaga mismo yung government official kundi asawa lang siya. So you did not bother to check anymore. 08:56:42.900 --> 08:56:51.020 Hygeia C. Defensor: Meron po kaming know your customer na process, due diligence. So dumadaan po sa ganong verification. 08:56:51.850 --> 08:57:03.190 Sen. Erwin Tulfo: Yeah, pero yung source of funding, never na dumaan sa kung anong nyo baka nagamit or magagamit yung inyong banko or insurance, ikang some scheme? 08:57:03.770 --> 08:57:18.370 Hygeia C. Defensor: Sa case po, nag-require po tayo ng proof of income so nakapagsubmit naman po sila ng ITR and then nakita naman po natin kung saan yung source of income which is the law office. 08:57:18.870 --> 08:57:20.590 Sen. Erwin Tulfo: So that was sufficient enough? 08:57:21.390 --> 08:57:22.890 Hygeia C. Defensor: As for this policy. 08:57:22.890 --> 08:57:23.850 Sen. Erwin Tulfo: Thank you, Madam Witness. 08:57:24.470 --> 08:57:26.170 Sen. Francis "Chiz" G. Escudero: Thank you, Senator Judge Aquino. 08:57:31.200 --> 08:57:32.520 Sen. Paolo Benigno “Bam” Aquino: Magandang gabi, Hygieia. 08:57:32.680 --> 08:57:33.440 Hygeia C. Defensor: Magandang gabi po. 08:57:33.440 --> 08:57:40.680 Sen. Paolo Benigno “Bam” Aquino: This is just purely curiosity lang. Kitaka lang ako na palugi yung mga investments. 08:57:42.320 --> 08:57:48.020 Sen. Paolo Benigno “Bam” Aquino: How long was the term that the investment was with your company? 08:57:48.860 --> 08:57:56.730 Hygeia C. Defensor: Yung policy po kasi nag... Take effect ng 2021 tapos na-surrender po siya ng 2025. 08:57:56.730 --> 08:57:57.070 Sen. Paolo Benigno “Bam” Aquino: So 08:57:57.070 --> 08:58:00.590 Sen. Paolo Benigno “Bam” Aquino: over 5 years, it lost value actually. Like 08:58:00.590 --> 08:58:01.470 Hygeia C. Defensor: 4. Opo. 08:58:01.630 --> 08:58:21.860 Sen. Paolo Benigno “Bam” Aquino: Oo. And over 4 years. And ano ba yan? Normal, if you don't know, you can say you don't know. But nagtataka lang ako. Bakit ipo-pull out na paluge? Usually kasi in my experience, hihintayin mong at least mag-break even or umakyat yung merkado para kumita ka naman. 08:58:23.840 --> 08:58:36.060 Sen. Paolo Benigno “Bam” Aquino: Is the common practice ba, may time bound ba yan? Kinailangan bang ipull out na yung investment at the time it was pulled out or it was the choice of the policyholder? 08:58:36.440 --> 08:58:38.240 Hygeia C. Defensor: It's always the choice naman. 08:58:38.400 --> 08:58:52.420 Sen. Paolo Benigno “Bam” Aquino: So wala siyang set number of years? Ang common practice sa merkado ba ay tama ba ako usually tinatanggal yan kapag kumita ka na or iba-ibang rason kung bakit nagpo-pull out yung mga tao? 08:58:52.680 --> 08:58:54.260 Hygeia C. Defensor: Depende po sa owner kung 08:58:54.260 --> 08:58:55.940 Hygeia C. Defensor: tatanggalin o hindi. 08:58:55.940 --> 08:58:56.640 Sen. Paolo Benigno “Bam” Aquino: Thank you. 08:58:57.970 --> 08:59:12.210 Sen. Francis "Chiz" G. Escudero: Ms. AJ, maraming salamat po sa inyong panahon sa pagsagot sa mga katanungan at paumanhin kung naghintay po kayo kahapon at ang buong araw ngayon. Your excuse ma'am and thank you for your patience. Kindly situate the second to the last witness, Mr. 08:59:14.200 --> 08:59:18.130 Sen. Francis "Chiz" G. Escudero: Joel Desus, to the witness stand. 08:59:25.090 --> 08:59:26.810 Rep. Terry L. Ridon: Your Honor, one moment. 08:59:26.810 --> 08:59:29.410 Sen. Francis "Chiz" G. Escudero: Yes, Honorable Ridon. 08:59:29.410 --> 08:59:29.890 Rep. Terry L. Ridon: Since 08:59:29.890 --> 08:59:32.170 Rep. Terry L. Ridon: the V.I.R. witness will not be presented anymore. 08:59:32.550 --> 08:59:34.190 Sen. Francis "Chiz" G. Escudero: Yes, we cannot present him anymore. 08:59:35.450 --> 08:59:40.670 Sen. Francis "Chiz" G. Escudero: It's okay. Sabina, for him, still subsists up to tomorrow, correct? 08:59:40.950 --> 08:59:42.050 Rep. Terry L. Ridon: For her, for her. 08:59:42.230 --> 08:59:48.460 Sen. Francis "Chiz" G. Escudero: Her, I'm sorry. Yes, for her. We can excuse her. And apologies. Kindly send the court's apologies, Honorable Ridon. 08:59:48.860 --> 08:59:50.240 Rep. Terry L. Ridon: Alright. Thank you, Your Honor. 08:59:51.000 --> 08:59:52.760 Sen. Francis "Chiz" G. Escudero: Clerk is directed to administer those. 08:59:53.650 --> 09:00:07.120 Atty. Renato N. Bantug Jr.: Can you raise your right hand? You, Joel De Jesus, do swear that the evidence you shall give in the case of... Case now pending between the Philippines and Vice President Cyrus Guillermo Duterte shall be the truth, the whole truth, and nothing but the truth. So help you God. 09:00:07.120 --> 09:00:07.500 Joel L. De Jesus: I do. 09:00:08.080 --> 09:00:08.180 Joel L. De Jesus: I 09:00:08.180 --> 09:00:08.400 Joel L. De Jesus: do. 09:00:29.520 --> 09:00:32.260 Sen. Francis "Chiz" G. Escudero: You may proceed with your direct examination, Honorable Suan. 09:00:32.500 --> 09:00:41.690 Rep. Lordan G. Suan: Thank you, Your Honor. Sir Joel, maaari niyo po bang sabihin ang inyong buong pangalan, posisyon, at ang kumpanyang inyong kinakatawan? 09:00:42.010 --> 09:00:52.310 Joel L. De Jesus: Ako po si Joel L. De Jesus, Vice President and Head of the Customer Support Services Individual Life ng BDO Life Assurance Company, Inc. 09:00:53.070 --> 09:00:57.230 Rep. Lordan G. Suan: Ano po ang inyong tungkulin at responsibilidad sa nasabing posisyon? 09:00:57.610 --> 09:01:29.010 Joel L. De Jesus: I manage po the day-to-day activities of the CSS individual life team, basically on policy maintenance, which is sending out billing notices, variable life statement of accounts, letters of taxation, and then we also enroll to auto-debit and change beneficiaries. We actually transact requests from clients, from the policy owners. Like policy surrenders, partial withdrawals, dividend withdrawals, 09:01:29.010 --> 09:01:30.460 Joel L. De Jesus: and the like. 09:01:30.460 --> 09:01:36.380 Rep. Lordan G. Suan: So ano po yung reason kung bakit na dito kayo ngayon yung araw na to sa hukumang ito? 09:01:36.660 --> 09:01:40.240 Joel L. De Jesus: We received po a subpoena to appear as 09:01:40.240 --> 09:01:40.540 Joel L. De Jesus: witness. 09:01:42.420 --> 09:01:49.340 Rep. Lordan G. Suan: Tapos ano pong mga dokumento kung meron man ang inyong isinumiti sa hukumang ito bilang tugon sa subpoena? 09:01:49.620 --> 09:01:59.120 Joel L. De Jesus: We submitted po different documents like application form, contracts. Transaction histories, variable life, so statement 09:01:59.120 --> 09:02:00.180 Joel L. De Jesus: of accounts. 09:02:00.180 --> 09:02:04.980 Rep. Lordan G. Suan: So kung ipapakita po yung dokumentong yun, would you be able to recognize them? 09:02:05.320 --> 09:02:05.820 Joel L. De Jesus: Yes, Your Honor. 09:02:06.140 --> 09:02:06.540 Rep. Lordan G. Suan: Okay. 09:02:09.320 --> 09:02:14.000 Sen. Francis "Chiz" G. Escudero: Mr. Joel, how many policies does the Vice President or her husband have with your company? 09:02:14.460 --> 09:02:23.640 Joel L. De Jesus: We found two policies for policy owners Sara Zimmerman Duterte and one policy for Manassas Carpio. 09:02:23.640 --> 09:02:24.060 Sen. Francis "Chiz" G. Escudero: So 09:02:24.060 --> 09:02:24.720 Sen. Francis "Chiz" G. Escudero: a total of three? 09:02:24.840 --> 09:02:25.540 Joel L. De Jesus: A total of three. 09:02:25.540 --> 09:02:25.640 Sen. Francis "Chiz" G. Escudero: Okay. 09:02:26.700 --> 09:02:27.960 Sen. Francis "Chiz" G. Escudero: Your witness, honorableson. 09:02:30.810 --> 09:02:33.990 Rep. Lordan G. Suan: We will only focus on two policies, your honor. 09:02:34.250 --> 09:02:34.770 Joel L. De Jesus: Yes. 09:02:35.660 --> 09:02:41.160 Rep. Lordan G. Suan: Okay. Mr. Witness, punta po tayo sa Exhibit 09:02:42.790 --> 09:02:49.630 Rep. Lordan G. Suan: P-Roman numeral 2-8-11-1-2, BDO Life. 09:02:51.750 --> 09:02:54.250 Rep. Lordan G. Suan: Okay po. Do you have it? 09:02:54.250 --> 09:02:54.730 Joel L. De Jesus: Yes, sir. 09:02:54.730 --> 09:02:57.370 Rep. Lordan G. Suan: Okay. So, kanino po nakapangalan ito? 09:02:58.160 --> 09:03:01.800 Joel L. De Jesus: The policy owner is Sara Zimmerman Duterte. 09:03:01.800 --> 09:03:03.260 Rep. Lordan G. Suan: Okay. Kailan po 09:03:03.260 --> 09:03:03.680 Rep. Lordan G. Suan: kinuha 09:03:03.680 --> 09:03:03.880 Joel L. De Jesus: ang 09:03:03.880 --> 09:03:05.400 Rep. Lordan G. Suan: insurance investment na to? 09:03:05.840 --> 09:03:10.500 Joel L. De Jesus: The effective date of the policy is April 28, 2014. 09:03:10.500 --> 09:03:14.740 Rep. Lordan G. Suan: Tapos, makano po yung total insurance premium na binayad? 09:03:14.740 --> 09:03:26.520 Joel L. De Jesus: Yung annual premium po niya is 100,000 pesos. The policy is payable for 5 years. So, the total premium payment is 500,000 pesos. 09:03:26.920 --> 09:03:39.150 Rep. Lordan G. Suan: Okay, thank you. So, punta na naman po tayo sa exhibit B- Roman numeral 2-8-11-2-2. Okay. 09:03:40.480 --> 09:03:41.100 Rep. Lordan G. Suan: Do 09:03:41.100 --> 09:03:41.600 Rep. Lordan G. Suan: you have it? 09:03:41.600 --> 09:03:42.200 Joel L. De Jesus: Yes, sir. Yes, sir. 09:03:42.200 --> 09:03:47.020 Rep. Lordan G. Suan: Okay. So, kanino po nakapangalan ang insurance policy na ito? 09:03:47.020 --> 09:03:48.380 Joel L. De Jesus: The policy owner 09:03:48.380 --> 09:03:50.620 Joel L. De Jesus: is also Sara Zimmerman Duterte. 09:03:50.820 --> 09:03:52.000 Rep. Lordan G. Suan: At kailan po kinuha? 09:03:52.160 --> 09:03:55.840 Joel L. De Jesus: The policy effective date is April 14, 2014. 09:03:55.840 --> 09:03:59.660 Rep. Lordan G. Suan: Tapos, magkano po yung total insurance premium na binayad? 09:03:59.660 --> 09:04:09.540 Joel L. De Jesus: Yung annual premium po is P103,160 and the policy is payable for 5 years. So the total premium is about P515,000 pesos. 09:04:09.960 --> 09:04:12.800 Rep. Lordan G. Suan: Okay, thank you. No further questions, Your Honor. 09:04:13.020 --> 09:04:13.740 Sen. Francis "Chiz" G. Escudero: Attorney Justin? 09:04:14.000 --> 09:04:15.020 Atty. Justin Nicol B. Gular: Nothing to cross, Your Honor. 09:04:16.080 --> 09:04:22.360 Sen. Francis "Chiz" G. Escudero: If there are no interjections, Mr. Jewell, Senator Judge Kiko, pangalina niya sir. 09:04:22.360 --> 09:04:22.860 Sen. Francis “Kiko” Pangilinan: Good 09:04:28.400 --> 09:04:31.260 Sen. Francis “Kiko” Pangilinan: evening. 09:04:31.260 --> 09:04:32.180 Joel L. De Jesus: Good evening, sir. 09:04:34.280 --> 09:04:37.060 Sen. Francis “Kiko” Pangilinan: Mga policy ba na ito? Merong dividendo? 09:04:37.940 --> 09:04:46.100 Joel L. De Jesus: Ano po? These are variable life insurance. Commonly known as investment-linked policies. 09:04:46.640 --> 09:04:48.780 Sen. Francis “Kiko” Pangilinan: Okay. And it's still an active policy? 09:04:48.940 --> 09:04:50.640 Joel L. De Jesus: It's still enforced po. 09:04:50.640 --> 09:04:53.300 Sen. Francis “Kiko” Pangilinan: And how 09:04:54.330 --> 09:04:58.290 Sen. Francis “Kiko” Pangilinan: much is the coverage? 09:05:03.850 --> 09:05:20.550 Joel L. De Jesus: The sum assured for the first policy is 2.865,310,000 while the sum assured for the second policy is 2,877,545 pesos. 09:05:20.550 --> 09:05:21.190 Sen. Francis “Kiko” Pangilinan: But 09:05:21.190 --> 09:05:24.070 Sen. Francis “Kiko” Pangilinan: these were just two policies, no? Just 09:05:24.070 --> 09:05:27.770 Joel L. De Jesus: two policies for other policy owners, Sara Zimmer, mandatory. 09:05:28.070 --> 09:05:32.040 Sen. Francis “Kiko” Pangilinan: And for Ms. Atty. Carpio, wala? 09:05:32.040 --> 09:05:37.100 Joel L. De Jesus: We found one policy. It's an old 09:05:37.100 --> 09:05:40.060 Joel L. De Jesus: policy issued. Can I refer to my notes? 09:05:40.560 --> 09:05:41.360 Sen. Francis "Chiz" G. Escudero: We 09:05:44.400 --> 09:05:46.540 Joel L. De Jesus: also submitted this to the court. 09:05:48.730 --> 09:05:49.530 Joel L. De Jesus: The 09:05:51.200 --> 09:05:57.760 Joel L. De Jesus: policy was issued in December 15, 2008 under policy owner Manases Reyes Carpio. 09:06:02.310 --> 09:06:03.070 Joel L. De Jesus: It was 09:06:03.070 --> 09:06:07.830 Joel L. De Jesus: only paid for four quarters so it lapsed after one year. 09:06:08.210 --> 09:06:09.670 Sen. Francis “Kiko” Pangilinan: So wala na yun? 09:06:09.670 --> 09:06:10.170 Joel L. De Jesus: Wala na. 09:06:10.170 --> 09:06:26.370 Sen. Francis “Kiko” Pangilinan: Now, would you know if the policyholders secured this through the bank? Because I understand they are also depositors or they have bank accounts. 09:06:29.360 --> 09:06:32.280 Joel L. De Jesus: Your Honor, referring to the application form, 09:06:32.540 --> 09:06:33.300 Joel L. De Jesus: it 09:06:33.300 --> 09:06:36.700 Joel L. De Jesus: was signed at BDO Davao Rizal Branch 09:06:36.700 --> 09:06:38.160 Joel L. De Jesus: in 09:06:38.160 --> 09:06:39.680 Joel L. De Jesus: 2014. 09:06:40.480 --> 09:06:44.200 Sen. Francis “Kiko” Pangilinan: And what about the two active? 09:06:44.200 --> 09:06:47.800 Joel L. De Jesus: That's for the active policy. 09:06:47.800 --> 09:06:50.940 Sen. Francis “Kiko” Pangilinan: So it was a course through BDO? 09:06:52.060 --> 09:06:54.860 Joel L. De Jesus: That's what I understand, sir. It was signed at the branch. 09:06:59.260 --> 09:07:00.140 Sen. Francis “Kiko” Pangilinan: How 09:07:01.260 --> 09:07:02.860 Sen. Francis “Kiko” Pangilinan: long have you been with BDO? 09:07:04.500 --> 09:07:07.940 Joel L. De Jesus: I've been with BDO live since 2010. 09:07:08.400 --> 09:07:11.480 Sen. Francis “Kiko” Pangilinan: So that's about 15 years? 09:07:11.480 --> 09:07:11.880 Joel L. De Jesus: 16 09:07:11.880 --> 09:07:12.560 Joel L. De Jesus: years. 09:07:12.560 --> 09:07:12.880 Sen. Francis “Kiko” Pangilinan: But 09:07:12.880 --> 09:07:14.940 Sen. Francis “Kiko” Pangilinan: in the insurance industry? 09:07:14.940 --> 09:07:15.720 Joel L. De Jesus: I 09:07:15.720 --> 09:07:18.760 Joel L. De Jesus: started in the insurance industry in 1994. 09:07:19.840 --> 09:07:24.020 Sen. Francis “Kiko” Pangilinan: So that's 32 years this year. 09:07:27.550 --> 09:07:30.230 Sen. Francis “Kiko” Pangilinan: How would you characterize 09:07:32.560 --> 09:07:57.360 Sen. Francis “Kiko” Pangilinan: What is the norm in terms of, if there is any, being covered by insurance of this nature? Would the average Filipino have, what, one, two, five, seven insurance policies for him and his family? Or wala, it doesn't really, there's no norm? 09:07:57.780 --> 09:08:10.580 Joel L. De Jesus: I don't think, sir, there's a norm. But for normal, I mean for insurance company employee, maybe an employee can have three, four policies, five. 09:08:11.100 --> 09:08:23.110 Sen. Francis “Kiko” Pangilinan: Yes, yes. So three, four policies you'd say would be like industry practice. Okay, okay. Thank you. Thank you very much. No other questions. Thank 09:08:23.110 --> 09:08:34.150 Sen. Francis "Chiz" G. Escudero: you. Senator Just Pangilinan. There being no other interjections, Mr. Joel, salamat po sa panahon at pasensya na ginugol nyo kahapon at ngayon. Salamat din po sa pagsagot sa mga katanungan. Your excuse, sir. 09:08:34.310 --> 09:08:34.930 Joel L. De Jesus: Okay, thank you, sir. 09:08:36.230 --> 09:08:45.800 Sen. Francis "Chiz" G. Escudero: Our last and 15th witness for the day, and I thank everyone for your not only patience but also perseverance. 09:08:49.460 --> 09:08:52.320 Sen. Francis "Chiz" G. Escudero: Kindly situate Ms. Janet Amora to the witness stand. 09:08:54.260 --> 09:08:55.000 Atty. Justin Nicol B. Gular: Your Honor. 09:08:55.600 --> 09:08:56.460 Sen. Francis "Chiz" G. Escudero: Attorney Justin? 09:08:56.800 --> 09:09:03.220 Atty. Justin Nicol B. Gular: Yes. To close the day, may I just turn over the podium to Attorney Lindon Miguel Bacquel, your honor. 09:09:03.280 --> 09:09:13.220 Sen. Francis "Chiz" G. Escudero: Yes, of course. Attorney Lindon is recognized once more. Kindly, ma'am, kindly stand up. The clerk is directed to administer the oath. Kindly raise your hand, ma'am. 09:09:14.820 --> 09:09:25.600 Atty. Renato N. Bantug Jr.: You, Janet D. Amora, do swear that the evidence you shall give in the case now pending between the Philippines and Vice President Cyrus Zimmerman Duterte shall be the truth, the whole truth, and nothing but the truth. So help you God. 09:09:26.990 --> 09:09:29.930 Sen. Francis "Chiz" G. Escudero: Kindly answer through the mic, ma'am, so that we can record it and hear it. 09:09:30.090 --> 09:09:30.730 Janet D. Amora: I do, sir. 09:09:30.890 --> 09:09:31.750 Sen. Francis "Chiz" G. Escudero: Thank you, ma'am. Please sit down. 09:09:31.990 --> 09:09:32.430 Janet D. Amora: Thank you. 09:09:32.890 --> 09:09:34.410 Sen. Francis "Chiz" G. Escudero: Ma'am Janet, can I call you Janet? 09:09:34.830 --> 09:09:35.410 Janet D. Amora: Yes, sir. 09:09:35.590 --> 09:09:40.670 Sen. Francis "Chiz" G. Escudero: Ma'am Janet, naunawaan niyo po ba inyong pinanumpaan kaugnay ng inyong testimonyang bibigay sa hukumang ito? 09:09:40.950 --> 09:09:41.310 Janet D. Amora: Opo. 09:09:42.070 --> 09:09:44.730 Sen. Francis "Chiz" G. Escudero: Salamat po. Honorable Suan, same offer? 09:09:45.150 --> 09:09:54.930 Rep. Lordan G. Suan: No, Your Honor. We have a different offer for this last witness considering that this is a different kind of company. This is a securities corporation. 09:09:54.930 --> 09:09:56.190 Sen. Francis "Chiz" G. Escudero: You may proceed with your offer. 09:09:57.200 --> 09:10:08.340 Rep. Lordan G. Suan: The testimony of Janet Amora, the duly authorized representative of BDO Securities Corporation is offered to establish the following. 09:10:10.380 --> 09:11:21.290 Rep. Lordan G. Suan: Una, ang witness ay isang duly authorized representative ng BDO Securities Corporation at may sapat na kaalaman at otoridad upang kilalanin at patunayan ang mga record na isinumiti ng kanyang kumpanya. Pangalawa, Ang asawa ng Respondent Vice President na si Atty. Manases R. Carpio ay kumuha ng mga investments through BDO Securities Corporation noong mga taong 2021 hanggang 2024 na may total acquisition cost na P25,500,000 at ang nasabing investments ay nananatiling nasa pangalan niya hanggang sa kasalukuyan. Pangatlo Si Atty. Carpio ay kumuha ng mga investments sa BDO Nomura Securities noong mga taong 2020 hanggang 2025 na may total acquisition cost na 4,254,987.61. At ang nasabing investments ay nananatiling nasa pangalan niya hanggang sa kasalukuyan. 09:11:24.260 --> 09:12:03.740 Rep. Lordan G. Suan: Fourth, Atty. Carpio's investments totaling at least 29.75 million pesos allegedly exceed the 10.86 million pesos in other assets attributed to him in the Respondent Vice President's 2025 SALN. Panghuli, upang patunayan ang authenticity at due execution ng mga kaugnay na records na may kinalaman sa nasabing mga investment at patunayan Lahat ng mga bagay na may kinalaman sa articles of impeachment na kaugnay ng aking mga nasabi. 09:12:28.910 --> 09:12:30.710 Sen. Francis "Chiz" G. Escudero: You may proceed. Sorry, in 09:12:30.710 --> 09:12:47.190 Sen. Francis "Chiz" G. Escudero: the comment and objection of the counsel is noted accordingly. Kindly proceed, Honorable Suan, sans, or without the referral to the SALN given that the witness will not be competent to answer questions pertaining to that. You may proceed, sir, with your direct... 09:12:47.350 --> 09:12:51.370 Rep. Lordan G. Suan: Your Honor, may we be clarified as to which was expunged? The 09:12:51.370 --> 09:13:06.690 Sen. Francis "Chiz" G. Escudero: reference to SALN. If you ask the witness to total it, then she can total it later if she can compute it. But the reference to it not matching to the declared personal properties, same with the first insurance witness that you presented, Honorable Suan. 09:13:06.890 --> 09:13:07.530 Rep. Lordan G. Suan: Yes, Your Honor. 09:13:07.790 --> 09:13:08.530 Sen. Francis "Chiz" G. Escudero: Kindly proceed, 09:13:08.790 --> 09:13:09.630 Sen. Francis "Chiz" G. Escudero: Honorable Suan. 09:13:09.630 --> 09:13:19.180 Rep. Lordan G. Suan: Thank you, Your Honor. Ms. Janet, maaari niyo po bang sabihin ang inyong buong pangalan, posisyon, at ang kumpanyang inyong kinakatawan? 09:13:19.610 --> 09:13:25.550 Janet D. Amora: Okay, I'm Janet Amora, Vice President, Operations Head for BDO Securities Corporation. 09:13:26.470 --> 09:13:33.190 Rep. Lordan G. Suan: Ano po, Ms. Janet, ang inyong mga tungkulin at responsibilidad sa nasabing posisyon sa kasalukuyang kumpanya? 09:13:33.730 --> 09:13:37.670 Janet D. Amora: Operations team is in charge of trades, processing, and settlements. 09:13:40.340 --> 09:13:43.820 Rep. Lordan G. Suan: Ano po ang dahilan kung bakit nandito kayo ngayon sa hukumang ito? 09:13:44.140 --> 09:13:48.980 Janet D. Amora: To authenticate the records and documents submitted to this court. 09:13:50.280 --> 09:13:53.340 Rep. Lordan G. Suan: Bakit po kayo nagsubmit ng dokumento dito? 09:13:53.660 --> 09:13:56.140 Janet D. Amora: Because we received a subpoena from the 09:13:56.140 --> 09:13:56.480 Rep. Lordan G. Suan: Senate. 09:13:58.200 --> 09:14:01.260 Rep. Lordan G. Suan: Okay. So, punta 09:14:04.020 --> 09:14:20.480 Rep. Lordan G. Suan: po tayo sa CARPIMAR Investments. So, kindly take a look at Exhibit No. P-R2-8-12-2-4-2 BDO Sec. 09:14:20.660 --> 09:14:21.300 Janet D. Amora: Okay. 09:14:21.620 --> 09:14:22.420 Rep. Lordan G. Suan: Do you have it? 09:14:23.000 --> 09:14:23.320 Janet D. Amora: Opo. 09:14:24.590 --> 09:14:31.450 Rep. Lordan G. Suan: Base po sa dokumentong yan, kanino po nakapangalan ng mga investments na nakasaad dito? 09:14:32.350 --> 09:14:34.710 Janet D. Amora: Nakapangalan po kay Manases R. Carpio. 09:14:37.180 --> 09:14:43.680 Rep. Lordan G. Suan: So Ms. Janet, may entry po dito na October 11, 2021. 09:14:45.330 --> 09:14:46.830 Rep. Lordan G. Suan: Ano pong ibig sabihin nito? 09:14:47.820 --> 09:14:55.690 Janet D. Amora: Full subscription po, meaning bumili po siya ng IPO shares ng Jollibee. Preferred. 09:14:55.730 --> 09:14:58.290 Rep. Lordan G. Suan: Makano po yung binayad niya para dito sa shares? 09:14:58.750 --> 09:14:59.610 Janet D. Amora: 3 million pesos. 09:15:00.770 --> 09:15:04.520 Rep. Lordan G. Suan: Okay. So, isang bagsakan lang po ba ito? 09:15:04.900 --> 09:15:05.500 Janet D. Amora: Opo. 09:15:07.070 --> 09:15:13.440 Rep. Lordan G. Suan: So, may entry na naman po dito sa November 24, 2021. 09:15:15.250 --> 09:15:17.770 Rep. Lordan G. Suan: Ano pong ibig sabihin ito, Ms. Janet? 09:15:18.330 --> 09:15:21.730 Janet D. Amora: Pumili po siya ulit ng Arthaland IPO shares. 09:15:24.040 --> 09:15:26.240 Atty. Lindon Miguel C. Bacquel: So... Your Honor. 09:15:26.240 --> 09:15:27.410 Sen. Francis "Chiz" G. Escudero: Ah, Attorney Lennon? 09:15:27.410 --> 09:15:29.790 Atty. Lindon Miguel C. Bacquel: I think the document would speak for itself, Your Honor. 09:15:30.970 --> 09:15:35.670 Sen. Francis "Chiz" G. Escudero: We note your objection, your comment. Is that an objection, Atty. Lindon? 09:15:35.670 --> 09:15:37.210 Atty. Lindon Miguel C. Bacquel: Yes, Your Honor. 09:15:37.210 --> 09:15:38.210 Sen. Francis "Chiz" G. Escudero: We'll allow it. 09:15:40.610 --> 09:15:45.610 Sen. Francis "Chiz" G. Escudero: Objection is over. Kindly answer the question, Ms. Janet. 09:15:47.110 --> 09:15:56.670 Janet D. Amora: Bumili po yung client namin ng Arthaland IPO shares noong November 24, 2021 amounting to 5 million pesos. 09:15:57.430 --> 09:15:59.730 Rep. Lordan G. Suan: 5 million pesos. Isang bagsakan lang po? 09:15:59.890 --> 09:16:00.510 Janet D. Amora: Isa lang po. 09:16:01.070 --> 09:16:02.050 Rep. Lordan G. Suan: Ng mga shares? 09:16:02.610 --> 09:16:03.130 Janet D. Amora: Opo. 09:16:03.330 --> 09:16:06.430 Rep. Lordan G. Suan: Okay. So, Ms. Janet, 09:16:06.690 --> 09:16:07.510 Janet D. Amora: in 09:16:07.790 --> 09:16:22.960 Rep. Lordan G. Suan: a span of one and a half months, mula October 11, 2021 hanggang November 24, 2021, magkano ang total na binayad po ng asawa ng Vice President? 09:16:23.320 --> 09:16:24.700 Janet D. Amora: Total of 8 million. 09:16:25.100 --> 09:16:33.250 Rep. Lordan G. Suan: 8 million pesos. Okay. So, punta naman po tayo dito sa June 30, 2022. 09:16:37.050 --> 09:16:38.770 Rep. Lordan G. Suan: Ano pong ibig sabihin ito? 09:16:39.710 --> 09:16:42.370 Janet D. Amora: Bumili naman po siya ng Ali Bonds. 09:16:43.110 --> 09:16:44.810 Rep. Lordan G. Suan: Ano po yung Ali Bonds? 09:16:46.210 --> 09:16:55.030 Janet D. Amora: Dalawa po kasi yung products ni BDO Securities. Meron po kaming equities, meaning shares and stocks, and meron din pong fixed income or bonds. 09:16:55.630 --> 09:17:00.900 Rep. Lordan G. Suan: Okay. So, magkano po yung binayad para sa Ali Bonds? 09:17:00.900 --> 09:17:01.240 Janet D. Amora: 3 09:17:01.240 --> 09:17:01.960 Janet D. Amora: million pesos. 09:17:02.780 --> 09:17:04.380 Rep. Lordan G. Suan: Isang bagsakan? 09:17:04.380 --> 09:17:04.660 Janet D. Amora: Isa lang 09:17:04.660 --> 09:17:05.080 Janet D. Amora: din po. 09:17:05.180 --> 09:17:05.360 Rep. Lordan G. Suan: Okay. 09:17:07.580 --> 09:17:11.860 Rep. Lordan G. Suan: So, punta naman po tayo sa July 22, 2022. 09:17:12.740 --> 09:17:13.500 Janet D. Amora: Okay po. 09:17:14.900 --> 09:17:17.380 Rep. Lordan G. Suan: So, ano pong ibig sabihin ito, Ms. Janet? 09:17:17.700 --> 09:17:21.460 Janet D. Amora: Bumili po ulit siya ng San Miguel Bonds worth 2 million pesos. 09:17:22.820 --> 09:17:23.380 Rep. Lordan G. Suan: Ah, 09:17:23.460 --> 09:17:25.000 Rep. Lordan G. Suan: sorry, 2.5. 2 09:17:25.000 --> 09:17:27.320 Rep. Lordan G. Suan: .5 million pesos. Isang bagsakan? 09:17:27.660 --> 09:17:28.180 Janet D. Amora: Eh, opo. 09:17:28.660 --> 09:17:45.340 Rep. Lordan G. Suan: Okay, so Ms. Janet, in less than a month or from June 30, 2022 to July 22, 2022, magkano po ang inilabas o binayat ng asawa ng ating Vice President? 09:17:46.000 --> 09:17:51.620 Janet D. Amora: So that would be 8 million plus 5.5, so 13.5 million. 09:17:52.040 --> 09:17:54.920 Rep. Lordan G. Suan: Hindi, yun lang muna sa June 30 09:17:54.920 --> 09:17:56.480 Janet D. Amora: hanggang 09:17:56.480 --> 09:17:56.960 Rep. Lordan G. Suan: July 22. 09:17:57.520 --> 09:18:00.220 Janet D. Amora: June 30, 5.5 million. 09:18:00.800 --> 09:18:04.360 Rep. Lordan G. Suan: So kung ito talahat-lahat, 13.5. 09:18:04.700 --> 09:18:05.460 Janet D. Amora: Okay, 09:18:05.640 --> 09:18:06.260 Rep. Lordan G. Suan: thank you po. 09:18:08.220 --> 09:18:19.640 Rep. Lordan G. Suan: So punta naman po tayo sa exhibit P-Roman numeral 2-8-12-2-2-1. Video sec. 09:18:19.940 --> 09:18:20.700 Rep. Lordan G. Suan: Do 09:18:25.600 --> 09:18:26.000 Rep. Lordan G. Suan: you have it? 09:18:26.340 --> 09:18:26.740 Janet D. Amora: Opo. 09:18:27.610 --> 09:18:35.500 Rep. Lordan G. Suan: So pagpatingin po dito sa my payment for net of. Ano pong ibig sabihin yan? 09:18:37.290 --> 09:18:44.090 Janet D. Amora: The document po is an official receipt, meaning proof of payment from the client. 09:18:44.590 --> 09:18:45.770 Rep. Lordan G. Suan: Makano po yung? 09:18:46.050 --> 09:18:47.430 Janet D. Amora: 5 million pesos. 09:18:48.230 --> 09:18:53.530 Rep. Lordan G. Suan: 5 million. Ano pong nakalagay? May mga numbers po kasi, tsaka mga words. 09:18:53.530 --> 09:18:54.310 Janet D. Amora: Description po 09:18:54.310 --> 09:18:56.650 Janet D. Amora: siya ng bonds na binili po nung client. 09:18:57.570 --> 09:19:03.420 Rep. Lordan G. Suan: Description ng bonds. So ano po itong 6.5635%? 09:19:04.690 --> 09:19:07.950 Janet D. Amora: Ito po yung interest rate nung bond na binili niya. 09:19:08.070 --> 09:19:09.870 Rep. Lordan G. Suan: Yung bond na binili, lalaki yan. 09:19:09.910 --> 09:19:13.450 Janet D. Amora: Interest earning siya, ang rate is 6.56 something. 09:19:13.830 --> 09:19:14.650 Rep. Lordan G. Suan: Per annum? 09:19:14.870 --> 09:19:16.250 Janet D. Amora: Per annum. 09:19:16.250 --> 09:19:16.490 Rep. Lordan G. Suan: Okay. 09:19:17.610 --> 09:19:22.380 Rep. Lordan G. Suan: So itong halagang 5M po, Ms. Janet, isang bagsakan lang na naman. 09:19:22.580 --> 09:19:22.920 Janet D. Amora: Opo. 09:19:23.480 --> 09:19:33.900 Rep. Lordan G. Suan: Okay. So punta na naman po tayo sa exhibit P-Roman numeral 2-8-12-2-2-2. 09:19:37.740 --> 09:19:43.960 Rep. Lordan G. Suan: So, meron na namang payment for net of. Magkano po yung nakalagay dito? 09:19:44.380 --> 09:19:45.580 Janet D. Amora: Five million pesos. 09:19:46.380 --> 09:19:47.020 Rep. Lordan G. Suan: Okay. 09:19:48.840 --> 09:19:51.100 Rep. Lordan G. Suan: Kanino po nakapangalan nito, Ms. Janet? 09:19:51.280 --> 09:19:52.860 Janet D. Amora: Kay Manases R. Carpio. 09:19:53.160 --> 09:19:54.760 Rep. Lordan G. Suan: At isang bagsakan lang to? 09:19:55.180 --> 09:19:55.820 Janet D. Amora: Opo. 09:19:55.980 --> 09:20:08.240 Rep. Lordan G. Suan: Yung bayad. Okay. So, let's go to exhibit P-Roman numeral 2-8-12-2-2-3. Video sec. 09:20:14.120 --> 09:20:22.760 Rep. Lordan G. Suan: So, punta po tayo sa yung may payment for net of. Magkano pong halaga ang nakalagay? 09:20:22.880 --> 09:20:23.620 Janet D. Amora: 2 million pesos. 09:20:24.510 --> 09:20:25.910 Rep. Lordan G. Suan: Kanino po nakapangalan? 09:20:26.230 --> 09:20:28.050 Janet D. Amora: Kay Manases R. Carpio. 09:20:28.290 --> 09:20:31.570 Rep. Lordan G. Suan: Ano po yung petsa ng resibo? 09:20:32.250 --> 09:20:33.990 Janet D. Amora: October 30, 2024. 09:20:35.530 --> 09:20:39.890 Rep. Lordan G. Suan: So, itong halaga na 2M, 2 million pesos. Isang bagsakan lang to. 09:20:40.030 --> 09:20:40.470 Janet D. Amora: Opo. 09:20:40.610 --> 09:20:48.510 Rep. Lordan G. Suan: Okay. So, Ms. Witness, ano na po ang total ng investments ng mga resibo na to? After sa 13.5 million. 09:20:50.120 --> 09:20:51.000 Rep. Lordan G. Suan: Plus 12 09:20:51.000 --> 09:20:51.380 Janet D. Amora: million. 09:20:51.900 --> 09:20:53.240 Rep. Lordan G. Suan: 12 million po. Okay. 09:20:56.940 --> 09:21:08.460 Rep. Lordan G. Suan: So, ano po, base sa mga records nyo, ano po kung meron man ang pinapakita ng mga records regarding sa status, present status ng mga investments na yan? 09:21:10.330 --> 09:21:18.790 Janet D. Amora: Meron po siyang total purchases ng equities and bonds pero meron din naman pong mga na-redeem na or nag-mature. 09:21:18.790 --> 09:21:19.530 Rep. Lordan G. Suan: Nag 09:21:19.530 --> 09:21:19.930 Rep. Lordan G. Suan: -mature? 09:21:20.090 --> 09:21:20.330 Janet D. Amora: Opo. 09:21:20.640 --> 09:21:21.800 Rep. Lordan G. Suan: So yung iba? 09:21:22.640 --> 09:21:24.900 Janet D. Amora: Yung iba po outstanding. Opo. 09:21:25.510 --> 09:21:26.250 Rep. Lordan G. Suan: Okay. 09:21:26.850 --> 09:21:34.110 Janet D. Amora: Yung 12.5 million po outstanding siya as of December 31, 2025. 09:21:36.410 --> 09:21:41.320 Rep. Lordan G. Suan: Okay. So punta naman tayo sa Exhibit 09:21:41.700 --> 09:21:42.900 Rep. Lordan G. Suan: P 09:21:42.900 --> 09:21:50.940 Rep. Lordan G. Suan: -Roman numeral 2-8-12-3-5, Biliosec. This is our last document. 09:21:52.580 --> 09:22:00.220 Rep. Lordan G. Suan: So, base po sa dokumentong ito, kanino po nakapangalan ng mga investments na nakasaad dito? 09:22:00.670 --> 09:22:02.810 Janet D. Amora: Kay Manases Reyes Carpio. 09:22:05.000 --> 09:22:09.210 Rep. Lordan G. Suan: Okay, punta po tayo sa page 12. 09:22:10.090 --> 09:22:10.930 Rep. Lordan G. Suan: ... 09:22:20.720 --> 09:22:27.250 Rep. Lordan G. Suan: OK meron po dito may kahon. May nakalagay na ending security position. 09:22:29.490 --> 09:22:31.510 Rep. Lordan G. Suan: Ms. Janet, ano pong nakalagay dito? 09:22:32.460 --> 09:22:37.580 Janet D. Amora: Ito po yung total na outstanding position ng client as of December 31, 2025. 09:22:38.380 --> 09:22:39.480 Rep. Lordan G. Suan: Ano pong ibig sabihin yan? 09:22:39.600 --> 09:22:45.160 Janet D. Amora: Ito po yung kasalukuyang hawak na investments dito sa mga nakasulat na stocks. 09:22:45.740 --> 09:22:46.820 Janet D. Amora: Iba-ibay 09:22:46.820 --> 09:22:47.180 Janet D. Amora: po siya. 09:22:49.920 --> 09:22:58.420 Janet D. Amora: ASEN, Corp, BDO Unibank, DITO, International Container, Jollibee, Manila Broadcasting, San Miguel Corp, and Vistaland. 09:22:59.060 --> 09:23:04.250 Rep. Lordan G. Suan: Okay. So, makano po ang acquisition cost nito, Ms. Janet? 09:23:06.400 --> 09:23:26.180 Janet D. Amora: Makikita lang po yung acquisition cost at the time na pinurchase. Ito pong nasa ending balance ang nandito po, valuation. May market value po, meaning whatever is the closing price, Of the shares of stock as of December 31, that's the market value. Pero hindi po ito yung acquisition cost. 09:23:26.580 --> 09:23:31.500 Rep. Lordan G. Suan: Okay. So may kaugnayan ba yung market value sa acquisition cost? Malapit lang ba yan? 09:23:32.200 --> 09:23:45.780 Janet D. Amora: Depende po kung kailan binili yung stock. Most of the time po magkaiba sila kesa dun sa market valuation. So pwedeng yung market valuation mas mababa or mas mataas kesa dun sa purchase price. 09:23:46.360 --> 09:23:52.490 Rep. Lordan G. Suan: Okay. So kung... Magkano po yung market value ng lahat ng securities na to? 09:23:53.270 --> 09:23:58.590 Janet D. Amora: Based po dito sa document na to, around 5 million, 5.3 million. 09:23:58.930 --> 09:24:08.330 Rep. Lordan G. Suan: Okay. So ano naman po ang pinapakita ng record na yan regarding sa kasulukuyang status ng mga investments na yan? 09:24:09.890 --> 09:24:12.770 Janet D. Amora: Outstanding po siya, meaning nasa position pa rin ni client. 09:24:13.490 --> 09:24:15.490 Rep. Lordan G. Suan: Okay. So parang online pa rin? 09:24:15.630 --> 09:24:16.010 Janet D. Amora: Opo. 09:24:17.470 --> 09:24:18.650 Janet D. Amora: Meaning the client 09:24:18.650 --> 09:24:20.290 Janet D. Amora: has custody of the shares actually. 09:24:21.710 --> 09:24:22.230 Rep. Lordan G. Suan: So 09:24:22.650 --> 09:24:28.890 Rep. Lordan G. Suan: all in all, magkano po yung total acquisition cost ng lahat ng mga investments na to? 09:24:31.520 --> 09:24:32.380 Atty. Lindon Miguel C. Bacquel: As you answered, 09:24:32.500 --> 09:24:33.460 Atty. Lindon Miguel C. Bacquel: your honor. 09:24:33.460 --> 09:24:35.180 Sen. Francis "Chiz" G. Escudero: Let the witness 09:24:35.180 --> 09:24:41.860 Sen. Francis "Chiz" G. Escudero: answer, counsel. He's winding up. Please, Ms. Janet. Sumaganda po ba kayo? 09:24:42.580 --> 09:24:50.590 Janet D. Amora: Yung purchase cost po ng mga to is makikita po dun sa complete ledger. So, wala pong grand total dito. 09:24:51.620 --> 09:24:53.100 Rep. Lordan G. Suan: Add na lang po natin. 09:24:53.660 --> 09:24:57.560 Janet D. Amora: Ay, sige. Can I refer to my notes? 09:24:57.560 --> 09:24:59.120 Sen. Francis "Chiz" G. Escudero: Ma'am, you can refer to your documents. Yes. 09:25:07.140 --> 09:25:07.920 Janet D. Amora: Total 09:25:14.130 --> 09:25:24.770 Janet D. Amora: purchases po as of December 31, 2025, that's for the period covered 2020 to 2025 amount to 09:25:26.380 --> 09:25:49.480 Janet D. Amora: For equities only is 12,945,117.53. And for the bonds naman po, total subscriptions amounting to 22.5 million. Pero as I've mentioned kanina, may mga redemptions. So the only outstanding balance for the bonds is only 12 million. 12 09:25:49.480 --> 09:25:50.660 Janet D. Amora: million 09:25:50.660 --> 09:25:57.290 Janet D. Amora: plus yung outstanding... Equities position na 13 million. So that's the total 09:25:57.290 --> 09:25:58.410 Janet D. Amora: of 25 09:25:58.410 --> 09:25:58.970 Janet D. Amora: million. 09:25:59.290 --> 09:26:01.190 Rep. Lordan G. Suan: 12 million plus 13 09:26:01.190 --> 09:26:02.030 Rep. Lordan G. Suan: million? 09:26:02.030 --> 09:26:09.490 Janet D. Amora: 12 million for the bonds and 13 million for the equities. So that's the total of 25 million. 09:26:09.490 --> 09:26:10.050 Rep. Lordan G. Suan: Okay. 09:26:10.270 --> 09:26:17.810 Atty. Lindon Miguel C. Bacquel: Your Honor, can I just be given a moment to examine the document perused by the witness, Your Honor? 09:26:17.970 --> 09:26:20.440 Sen. Francis "Chiz" G. Escudero: Please, you may do so. 09:26:27.070 --> 09:26:27.590 Sen. Francis "Chiz" G. Escudero: I 09:26:27.590 --> 09:26:29.170 Sen. Francis "Chiz" G. Escudero: believe that came from the witness. 09:27:00.000 --> 09:27:00.660 Janet D. Amora: Yes, 09:27:09.380 --> 09:27:10.000 Sen. Francis "Chiz" G. Escudero: attorney Lindon. 09:27:13.350 --> 09:27:30.000 Atty. Lindon Miguel C. Bacquel: We will just manifest your honor that The document being perused by the witness appears to be a tabulation, your honor, upon which no basis has been laid by the prosecution, your honor. 09:27:31.560 --> 09:27:48.330 Sen. Francis "Chiz" G. Escudero: Yes, although on the record, the court allowed her to look into her notes. And yes, we confirm that has not yet been identified by the witness, although she was asked about totals already. Kindly proceed, honorable Suan. 09:27:48.330 --> 09:27:49.670 Rep. Lordan G. Suan: No further questions, Your 09:27:49.670 --> 09:27:49.830 Rep. Lordan G. Suan: Honor. 09:27:50.280 --> 09:27:52.000 Sen. Francis "Chiz" G. Escudero: Attorney Lindon, cross. 09:27:52.600 --> 09:27:53.960 Atty. Lindon Miguel C. Bacquel: A few questions, Your Honor. 09:27:54.220 --> 09:27:54.780 Sen. Francis "Chiz" G. Escudero: You may proceed, sir. 09:27:55.580 --> 09:27:56.640 Atty. Lindon Miguel C. Bacquel: Good evening, ma'am. 09:27:56.840 --> 09:27:57.320 Janet D. Amora: Good evening, po. 09:27:57.480 --> 09:28:03.820 Atty. Lindon Miguel C. Bacquel: Ma'am, the accounts you identified are all under the name of Manases R. Carpio, correct ma'am? 09:28:03.820 --> 09:28:04.190 Janet D. Amora: Yes po. 09:28:04.820 --> 09:28:15.870 Atty. Lindon Miguel C. Bacquel: And when a person opens a securities account in BDO Securities or acquires bonds or equities, 09:28:15.880 --> 09:28:21.170 Atty. Lindon Miguel C. Bacquel: You do not inform the account holder spouse, correct? 09:28:23.370 --> 09:28:26.950 Janet D. Amora: With regards to onboarding, are you referring to the onboarding process? 09:28:27.470 --> 09:28:33.970 Atty. Lindon Miguel C. Bacquel: Pagbili lang po ng equities and bonds, kailangan ba ng consent ng asawa niya? 09:28:34.280 --> 09:28:46.040 Janet D. Amora: The account po is opened singly, meaning walang co-owner. Therefore, the invoice or the trade confirmation will be sent directly to the account holder, which is Manas 09:28:46.040 --> 09:28:46.880 Janet D. Amora: Scorpio. 09:28:46.880 --> 09:28:53.860 Atty. Lindon Miguel C. Bacquel: So kahit po mag-a-acquire ng equities or bonds, hindi po nai-inform yung spouse ng isang account holder? 09:28:53.860 --> 09:28:53.900 Janet D. Amora: Hindi po. 09:28:53.900 --> 09:28:53.940 Atty. Lindon Miguel C. Bacquel: Kung 09:28:53.940 --> 09:28:55.540 Janet D. Amora: sino lang po yung account holder. 09:28:55.940 --> 09:29:16.690 Atty. Lindon Miguel C. Bacquel: And would you confirm, ma'am, that the document submitted, your BDO security submitted to this court? would not show that the vice president is aware of the accounts opened, equities and bonds acquired by Manases R. Carpio. Correct ma'am? 09:29:18.500 --> 09:29:22.720 Janet D. Amora: I cannot answer whether the vice president is aware of the investments. 09:29:23.060 --> 09:29:24.580 Atty. Lindon Miguel C. Bacquel: I'm asking based on the documents. 09:29:24.580 --> 09:29:30.180 Janet D. Amora: Based on records, the account is opened singly, no joint co-owner. 09:29:31.170 --> 09:29:31.670 Atty. Lindon Miguel C. Bacquel: So, 09:29:31.770 --> 09:29:33.410 Janet D. Amora: therefore, it is only Manassas. 09:29:33.410 --> 09:29:41.370 Atty. Lindon Miguel C. Bacquel: And your records, which you submitted to this honorable court, you confirm does not contain any signature of the vice president. Correct, ma'am? 09:29:41.510 --> 09:29:41.790 Janet D. Amora: Correct. 09:29:42.770 --> 09:29:44.130 Atty. Lindon Miguel C. Bacquel: No further questions, ma'am. 09:29:45.270 --> 09:29:47.010 Sen. Francis "Chiz" G. Escudero: Redirect, honorable Suan? 09:29:47.010 --> 09:29:49.730 Rep. Lordan G. Suan: No redirect, your honor, but we have a manifestation. 09:29:51.210 --> 09:29:54.930 Sen. Francis "Chiz" G. Escudero: Regarding, can we excuse the witness? Is it in relation to the witness? 09:29:55.290 --> 09:30:00.000 Rep. Lordan G. Suan: Yes, your honor. We would like to request for a marking of the document that she... 09:30:00.000 --> 09:30:01.140 Sen. Francis "Chiz" G. Escudero: Red, the total? 09:30:02.800 --> 09:30:10.040 Sen. Francis "Chiz" G. Escudero: Yes. At the proper time, you can mark it. We don't need to do it in open court. 09:30:10.040 --> 09:30:11.570 Rep. Lordan G. Suan: Thank you, Your Honor. 09:30:11.570 --> 09:30:12.150 Sen. Francis "Chiz" G. Escudero: So, ordered. 09:30:15.400 --> 09:30:29.280 Sen. Francis "Chiz" G. Escudero: Ms. Janet, salamat po. Wala na pong katanungan sa inyo. Paumanhin kung naghintay kayo ng buong araw kahapon at buong araw ngayon. Salamat po sa pasensya, panahon, at pagsagot sa mga katanungan ng magkabilang panig. You are excused, ma'am, and thank you for your time. 09:30:29.280 --> 09:30:29.500 Janet D. Amora: Thank you po. 09:30:31.370 --> 09:30:43.130 Sen. Francis "Chiz" G. Escudero: It's 7.24. It's our longest day and we went through 15, a total of 15 witnesses and dispensed with 4, if I'm not mistaken. Senator Judge Kiko is recognized. 09:30:43.750 --> 09:30:45.650 Sen. Francis "Chiz" G. Escudero: What is 09:30:46.710 --> 09:30:47.510 Sen. Francis "Chiz" G. Escudero: your pleasure, sir? 09:30:47.510 --> 09:30:56.390 Sen. Francis “Kiko” Pangilinan: Just wanted to check if the Senate President has the complete number of insurance policies. 09:30:57.670 --> 09:30:58.310 Sen. Francis “Kiko” Pangilinan: We 09:30:58.310 --> 09:31:11.110 Sen. Francis “Kiko” Pangilinan: started at 11. I mean, when I first It was 11. There were 3 other witnesses. So the total number of insurance policies? 09:31:12.960 --> 09:31:23.280 Sen. Sherwin T. Gatchalian: According to our clerk of court is 19 insurance policies. Excluding the shares and bonds that were manifested earlier. 09:31:25.280 --> 09:31:27.760 Sen. Francis “Kiko” Pangilinan: 19. Okay. For the record. Thank you. 09:31:28.790 --> 09:31:46.480 Sen. Francis "Chiz" G. Escudero: Thank you. Due to the lateness of the hour and the long day, again, Chair would like to thank everyone for their patience and perseverance. We shall suspend trial until tomorrow at 10 a.m.