October 9, 2026

Atty. Alexander B. Cabrera identified his report and explained its financial comparisons. Table 39 supplied the annual amounts and P817,874,867 aggregate; the closing examination read its conclusions. Copies had been furnished to the court and defense.

Cabrera produced his appointment paper and described a pro bono engagement in his personal capacity, undertaken independently without a promised result. The chair directed distribution of copies before marking.

Cabrera compared SALN declarations against year-end bank balances and other assets, and read his conclusions concerning the 2022–2025 declarations. The linked extracts contain the 2023 and 2024 statements in the existing SALN collection.

The report’s comparisons covered 2022 through 2025. The final exchange concerned adding the aggregate undeclared amount to the declared 2025 SALN figure.

Pangilinan requested the annual returns and questioned cash figures in their financial-statement attachments. Cabrera compared combined declared income and identified inflows, excluding loans, investments and internal transfers.

Garcia-Marquez read P82,327.45 in gross compensation and clarified taxable year 2023, filed April 11, 2024. Poa said a defense witness and records would explain the entry.

Matib requested marking of the tax summaries attached to the October 6 letter addressed to Luistro, including the annexes. Senators used the summaries to question personal and company income.

Matib requested marking of the October 6 letter addressed to Escudero concerning eCAR records. Garcia-Marquez answered questions on unpaid transfer taxes and the effect on stock-transfer-book registration.

Villanueva used the 2023–2025 GIS filings to question a workforce recorded as absent in 2023–2024 and two employees in 2025. Pangilinan also discussed the recorded ownership relationship with Pikimong.

Cabrera contrasted Duterte’s stated GenCorp stockholding in her SALN with her absence from its GIS and explained his ownership sensitivity estimate.

Cabrera used the GIS ownership percentage in attributing corporate inflows and compared the company’s income-tax and financial-statement figures with bank accounts. The existing corporate collection contains the separately bounded filings and approved redacted copies.

Pangilinan asked Garcia-Marquez to read GenCorp’s declared cash in these statements and compared it with larger bank balances cited in the hearing.

Cabrera read a passage describing a qualified audit opinion on GenCorp’s 2025 financial statements and explained why he regarded them as unreliable.

Villanueva questioned the 2023 gross-sales, direct-labor and salary entries in Cale88’s statements.

The witness read 2024 sales, expenses and salaries and later quoted note 14, in which management undertook continuing financial support. Senators sought supporting workforce and transaction records.

Pangilinan cited P59,836 in total assets and P62,500 paid-up capital while asking how Pikimong acquired 95% of Cale88. He proposed raising in camera whether to obtain its GIS and related documents.

Villanueva asked about P5.24 million in partnership income and Carpio’s distributive share. Garcia-Marquez said the statements contained a partners-allocation heading but no distribution and distinguished the share from the firm’s full income.

Hontiveros compared reported Cale88 inflows with sales, then requested the complete AMLC submissions for both companies, including inflows and outflows. Cabrera identified AMLC reports among his inputs. The chair directed copies for requesting senators.

Cabrera compared year-end account balances with SALNs and identified checks and withdrawal slips supporting the P41 million transactions. Diokno supplied BDO page 216–217 and PNB page 185–188 exhibit references; the witness separately explained earlier manager’s-check transactions.

Cabrera identified a 2024 policy with P13.25 million coverage bought with a P10.6 million premium and a separate dollar-denominated policy paid with US$100,000, and discussed their SALN treatment.

Sison quoted the memorandum and its reference to the July 21 subpoena and NIRC Section 71 while arguing that authorization covered inspection and production to the court rather than expert sharing.

The chair read the rule’s criteria for weighing expert opinion, including sufficient data, reliable methods and their application, after Lacson’s observation about cross-examination.

Raffy Tulfo questioned Garcia-Marquez about professional practice and outside employment under Article VII, Section 13; she recalled the restrictions and answered his follow-up.

Section 71 was identified in Sison’s reading of the July 29 memorandum on inspection and production of tax returns.

Cabrera identified Article II as the scope of his prosecution engagement; Diokno offered the expert’s testimony to connect the financial, tax and corporate records to those allegations.