Chief Justice Renato Corona goes beyond redeeming himself to become hero of bank secrecy reform!

Chief Justice Renato Corona more than redeemed himself today after the minor debacle he got himself into when he left the witness stand before he was formally discharged on his first appearance in his own impeachment trial last Tuesday, the 22nd of May. Coming across today as forthright and sincere, Corona delivered a brilliant television performance, winning the hearts of the viewing public with his honest laying-everything-including-my-soul-on-the-table testimony and the steely gaze he maintained (occasionally interrupted by poignant emotional displays) as he responded to questions fielded by the Senator-Judges. Senator-Judges Miriam Santiago and Jinggoy Estrada threw leading questions almost as if to say answer our questions and tell us why you think this whole trial had been a farce from the very beginning.

From eight articles of impeachment down to three midway through, the once mighty case is now whittled to just one debatable accusation at the eleventh hour of the impeachment trial of the Chief Justice. It was a 40-day show featuring the Incredible Shrinking Impeachment Complaint. In the course of the trial, 45 properties the prosecution team alleged Corona owned turned out to be just five, and USD10-12 million alleged by no less than Ombudsman Conchita Carpio-Morales to be tucked away by Corona in secret accounts turned out to be no more than USD2.4 million.

So the one violation of the law Corona remains accused of — the remaining article alleging that Corona failed to declare all his assets in his Statement of Assets, Liabilities, and Net Worth (SALN) — remains in play albeit precariously debatable. Corona after all made it pretty clear in his testimony that he left out that USD2.4 million from his SALN by virtue of his interpretation of the Philippines’ bank secrecy law, specifically Republic Act 6426 which the prosecution team themselves along with “online reporters” Magtanggol de la Cruz and Carmela Fonbuena of Rappler.com may themselves have violated in the earliest days of the trial as they mounted their vilification campaign against the Chief Justice. The relevant section of RA 6426 reads…

Section 8. Secrecy of foreign currency deposits. – All foreign currency deposits authorized under this Act, as amended by PD No. 1035, as well as foreign currency deposits authorized under PD No. 1034, are hereby declared as and considered of an absolutely confidential nature and, except upon the written permission of the depositor, in no instance shall foreign currency deposits be examined, inquired or looked into by any person, government official, bureau or office whether judicial or administrative or legislative, or any other entity whether public or private; Provided, however, That said foreign currency deposits shall be exempt from attachment, garnishment, or any other order or process of any court, legislative body, government agency or any administrative body whatsoever. (As amended by PD No. 1035, and further amended by PD No. 1246, prom. Nov. 21, 1977.)


[Photo courtesy AllVoices.com.]

Ironically, Corona himself may have marked the beginning of the end of the very law that had saved him during his ordeal. In the wake of his much-awaited personal appearance in court, Corona bestows an unexpected legacy to a circus long criticised for being an appalling waste of time and a mere product of the vanity and vindictiveness of a Philippine president: a precedent call to the government officials of the land to sign waivers opening their foreign currency bank accounts to public scrutiny. The call so resonated across the public that it could pave the way for legislation that may reform the country’s outdated bank secrecy laws.

Squarely in the cross-hairs of this call are the “188+1” lawmakers; the 188 Lower House representatives who hastily signed the sloppily-written articles of impeachment and one Senator, Franklin Drilon, who made no attempt throughout the trial to remain the objective Judge he was supposed to have stepped up to.

Who would have thought that Chief Justice Renato Corona might even come out of this a hero — the first top government official to voluntarily and unconditionally open his bank accounts to the public to precipitate long overdue transparency across the public service? So ironic that the man who President Benigno Simeon “BS” Aquino III singled out as the biggest roadblock to making good on his Daang Matuwid “straight path” campaign promise would actually be the one who’d blaze a trail for it.

One thing consistent about every Corona appearance in court is that a high profile loser emerges every time. Last Tuesday it was Senator Franklin Drilon, singled out by Corona among the Senator Judges to include in a challenge he issued to 188 others to sign the bank disclosure waiver. Today it is no less than Ombudsman Conchita Carpio-Morales wearing the dunce cap after coming across as a BS Aquino lackey. In a press conference hastily called by Morales shortly after Corona revealed some rather disturbing things about her character during his testimony, Morales stammered her way through her response to the inevitable question thrown at her: What was up with the USD10 million she claimed Corona squirreled away in secret accounts? She was either lying or dumb enough to have allowed herself to be grossly misled by her “researchers”. Perhaps she should have thought twice about calling that press conference.

What do they teach in Math classes in Philippine schools nowadays?

One thing’s for sure, the Senator-Judges will have to carefully calibrate their political radars to assess the public sentiment as they decide whether to acquit or convict. The thing with tele-impeachment trials is that it is all showbiz — and Corona put up a good show today. So good, that the usual suspects who, at the beginning of the trial months ago, gleefully highlighted the political aspect of this exercise as one that necessarily trumps its legal nature now wax rhetoric about its boring legalities. As modern-day philosopher Bart Simpson say: “Eat my shorts”. Most revealing, and something Senator-Judge Chiz Escudero made it a point to highlight, was how the prosecution seemed to have nothing further to quiz Corona on despite a long noisy call for him to show up in the trial in person. That fact in and by itself says it all.

Chief Justice Renato Corona may be a lawyer, but apparently he was well aware that he was surrounded by emos today.

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Post Author: benign0

benign0 is the Webmaster of GetRealPhilippines.com.

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63 Comments on "Chief Justice Renato Corona goes beyond redeeming himself to become hero of bank secrecy reform!"

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Paolo
Guest

I thought CJ should have given Sen. Miriam Defensor-Santiago’s questions a more direct answer, he went off tangent in his answers.

But then again, the prosecution (and their allies) have shown the oh-so-common penchant of the pinoy: shooting themselves in the foot.

Tim Libunao
Guest
Article 11, Section 17 of the 1987 Philippine Constitution states that: A public officer or employee shall, upon assumption of office and as often thereafter as may be required by law, submit a declaration under oath of his assets, liabilities, and net worth. In the case of the President, the Vice-President, the Members of the Cabinet, the Congress, the Supreme Court, the Constitutional Commissions and other constitutional offices, and officers of the armed forces with general or flag rank, the declaration shall be disclosed to the public IN THE MANNER PROVIDED BY LAW. Now that the letters of law has… Read more »
vinsanity
Member

Agree mr libunao this was exactly corona’s answer when he was asked by kiko pangilinan why he chose to follow the fcda law over the constitution or saln law. Kiko was dumbfounded because corona was right.

It’s not BS Aquino who’s leading our country to a straight path. It is indeed no less than Chief Justice Renato Corona.

Acquit!

anonymous
Guest

YES. It is only through a waiver of the depositor that an FCDU account can be disclosed. I have been working with a bank for 3 decades I should know WHY & HOW this Law operates. This WAIVER will be CJ Corona’s LEGACY despite his “conviction”. For me CJ Corona is the has more BALLS than Drilon & Tupas, who as of now is EVADING this WAiver! Has PNoy signed na?

sitting pretty
Guest

Exactly.

trackback

[…] Benign0 added that “Chief Justice Renato Corona may be a lawyer, but apparently he was well aware that he was surrounded by emos today.” […]

Fishball
Guest

His walkout last tuesday shows he is unfit for the position chief justice, his arrogance and delaying tactic is enough for guilty verdict. Convict Corona!

Miauw Ming
Guest

He fell ill and it wasn’t a walkout. Do you even read the news before you put your opinion?

You’re so arrogant that you think you are part of the Senator Judges to convict Corona. Even way before the date they give a verdict.

Der Fuhrer
Guest

@Nutzi Fishball

Thank you for validating your yellow species continued use of black propaganda and trial by publicity. You know it won’t work in this site. Your vicious judgement call states that: “he is unfit for the position chief justice, his arrogance and delaying tactic is enough for a guilty verdict.” Your delusional mind is apparent since you are not a judge and are in no position to even present and analyze evidence. May God forgive you yellow pharisee.

3y3-0p3n3r
Guest

some people just get satisfaction out of sounding good without exercising any form ofmental masturbation, go give ur role model sen kikko maching a hug you fishbrain

Der Fuhrer
Guest
They threw everything at Chief Justice Corona… including the kitchen sink. They used hate-think, demonization and vilification through black propaganda. Repeated lies in mass media, fixed surveys, comments, text messages, social networking sites and vicious word of mouth gossip. Evidence was fabricated by the prosecution in their 45 properties revelation which turned out to be only 5. They did the same with the dollar accounts bloating it to 82. In truth it was just 4 accounts. We are now nearing the closure and judgement of the impeachment trial. What will be the verdict? I can only say this. How much… Read more »
Fishball
Guest

I forgot to say that he is also a midnight appointee of Gloria Arroyo. This is the very reason why he should be guilty and the Philippines can move on from the past which is all about corruption.

pururut
Guest

if we really want to end corruption in the philippines, remove all current so called public servants..start anew… ban all the current ones (including anybody related to them)in having any government position ever…no exceptions..

Miauw Ming
Guest
Corruption is due to people like you who doesn’t even bother to care if what they read is true or not. Corruption comes in many forms and size. The worst is corruption of the mind which usually leads to mass murders, injustices, lawlessness, loss of democracy, loss of freedom, etc. Proof? See Nazi Germany. See North Korea. See Stalin’s Soviet Union. See Rwanda massacre. And the list goes on. I pray to whatever God’s available that Philippines will not fall into that list. I fear for the worse thanks to people like you. CJ Corona’s appointment is legal and according… Read more »
pururut
Guest

wala yata ako sinabi na pro or anti corona. sabi ko is lahat which is true naman. now that corona saga is almost finished, after his verdict, whether guilty or not, sana ituloy na sa iba. sabi ng presidente he is after all the crooks. sana totohanin nya.

pasensya na miauw ming kung hindi ako kasing talino mo para maisip kung totoo o hindi ang binabasa ko. ang aking nais lang ay tuluyang mawala na ang corruption. hindi ako pabor sa kahit kaninong personality. pabor ako sa accountability at transparency.

pururut
Guest

sorry miauw ming..nagkamali lng ng basa at reply..

Miauw Ming
Guest

No problem mate! It’s hard to see who is replying to who. Haha!

Daido Katsumi
Guest

Hindi tuluyang mawawala ang corruption. Sa totoo lang, there is ALWAYS corruption in any form of government. The difference is the progress made and how it is ran to meet the day to day and yearly goals.

The only way we can do about it is to control it. Corruption is more than just stealing. See what Noynoy is doing: bribery and defiance of the rule of law is also corruption.

cjcoronsky
Guest

Hayaan mo na yang si Benign0 at lahat ng mga nag e-emo dito. 3 araw na lang e kakatayin na yang si Corona. Sabi nga ni Sen-Judge Estrada e “parang nagbigti na si Corona dahil sa kanyang pag walkout” Right? Gimme five 😀

http://newsinfo.inquirer.net/199971/walkout-sealed-corona%e2%80%99s-fate-says-sen-estrada

Der Fuhrer
Guest

@Nutzi cjcoronsky

Thank you for validating the fact that most yellow pharisees are vicious, sadistic and crazed. You are quoting Inquirer? That is validating the fact that you love to use lies and black propaganda. See a shrink. You need help.

cjcoronsky
Guest

De Fuhrer, you have zero votes to acquit Corona. Sen Estrada has one vote. Therefore you and GRP are not even worth the bother. Parang ipis kayo na trip ko lang hampasin 😀 ahihihihihi

Miauw Ming
Guest

@cjcoronnsky

If you say GRP are not worth bother then why are you here then?

cjcoronsky
Guest

Miauw Ming – Already answered above. Kakatuwa lang kayong panoorin after CJ Corona’s Best Actor sakit sakitan performance. “Wee he’s a hero!” pa yang si Benign0. Tapos kakatayin rin lang naman sa Lunes. Pathetic, no?

az_121490
Guest

@cjcoronsky
I also find it funny that you’ve got the time and effort to comment and stroke your own ego (usually the last sentence of your comment) at every article of GRP lately concerning the impeachment. You gotta start thinking of a new name soon though because the trial will soon end, haha.

Miauw Ming
Guest

@cjcoronsky

Actually I find it funny to watch you give your opinion which contradicts to your actions.

I didn’t know CJ Corona became a movie artist. Since when did that happen? Or did you just made that up?

The word kakatayin… not only you are a liar but you also do not have any qualms in killing anyone who doesn’t have anything to do with you.

I am no longer talking about the article benign0 wrote but I am talking about you. A fine specimen of uncivilized and barbaric human being you are.

mommyjo
Guest

Now would you hang yourself if he is acquitted? From today’s proceedings Sen Jinggoy seems to have changed his mind. 16 votes needed to convict. Goodluck.

Fishball
Guest

If they vote for the acquittal of cheat justice, then those senators wont get the majority vote in 2013. We have to remember that businessmen, students and most of the citizents want a conviction therefore Corona is the reason our country is going down.

Daido Katsumi
Guest

@Fishball:

TROLL. 😛

The reason why the country is going down because of the likes of YOU who voted for an incompetent nutjob, loves to go back to the old days of Inquisitions and witch hunts.

The acquittal of Corona will remain the ‘checks and balances’ schtick. In fact, what you actually want is a dictatorship under Noynoy Aquino. Well, it’s fine for you at least he’s clean; a POV from an idiot like yourself. 😛 I guess you want to kill innocent people like PNoy, right? 🙂

ross well
Guest
i do hope that these senator judges would have the guts to stand up for what is right…no matter how i look at it, corona will be the loser…as early as now, aBnoy is already laying out his next plans to make life miserable for corona in case he’s acquitted….he will stand to gain more (sadly) if he’s convicted coz it will expose the ugly and pathetic state of our senate and maybe….just maybe…people would clamor for change…but seeing how hard the aBnoy’s spin doctors work…i have very little hope for fair justice…sa dyaryo pa lang e…look at PDI…hindi na… Read more »
sciwhizzz
Guest

az_121490: “You gotta start thinking of a new name soon though because the trial will soon end, haha.”

I agree, at least Vincenzo Arellano and Nelson Ongpauco aren’t limited in scope by their seemingly respectable names. :))

xcjcoronsky
Guest

New name can be easily arranged 😀 hihihihi

Daido Katsumi
Guest

@xcjcoronsky: An anti-intellectual douche wrecking havoc and wants to destroy this country. Hihihihi. 😛

Daido Katsumi
Guest

You have lost your total credibility when you showed us an Inquirer link.

Typical Yellow Zombie to be exact…

Ilda
Admin
@cjcoronsky Just to update you because you are starting to look pathetic when you keep pasting a link to an old article with irrelevant information: It wasn’t a walkout: “In his opening statement, Corona apologized to the court and said it was not his intention to walk out of Tuesday’s proceedings. “It was unexpected,” he said of his abrupt departure. “I hope you know that what we went through was not easy,” Corona said, adding that he spent sleepless nights for almost a week before his testimony Tuesday. “I was totally without sleep… Millions of our countrymen are focused on… Read more »
Der Fuhrer
Guest

@Nutzi Fishball

Thank you again for validating your big lie and gross ignorance of the settled ruling made by the Supreme Court on the matter. He is not a midnight appointee of former President Arroyo. He cannot be made guilty on this settled issue. This was not even raised in the articles of impeachment. You should seek psychiatric help.

ninjaone
Guest
Stop listening to the Palace propaganda. Corruption is just in the past? What about the 3200 container vans that went missing in Customs? When Comm Biazon attempted to investigate or suspend people in Customs, Noynoy stopped him because they were ‘backed’ by lawmakers who support the Impeachment. What about his BFF Usec Rico Puno who controls the jueteng? Why did he appoint LTO’s Virginia Torres and MMDA’s Francis Tolentino who have corruption cases? If he is anti-corruption, then his crusade should apply to all. KKK or not. Supporting KKK is corruption in itself. If CJ is guilty, why did they… Read more »
ahehe
Guest

psst, nagiging SANTO yung mga dumidikit kay Pnoy, kahit former Arroyo lapdog pa sila.

Fishball
Guest

Daang matuwid applies to all but we must let the biggest pigs be jailed first.

Daido Katsumi
Guest

How about we start on PNoy? Don’t you know he has the biggest pork barrel of all the presidents and he even use it to bribe the 188 congressmen on Corona’s impeachment.

Look further, murderer. 😛

Der Fuhrer
Guest

@Nutzi fishball

Wrong call. The deceiving Daang matuwid does not apply to me and all other free men and women. I believe in the straight and narrow path as revealed in the Holy Bible. As I said before… the “L” sign no longer stands for Laban. It now stands for Linlangin.

Miauw Ming
Guest

@Fishball

And how do you define who belongs to the biggest pigs? This already implies that your daang matuwid does not apply equally to all because you already have a preference who do you want to send to jail. I suppose you’d be saying “Damn the rule of law! Just send the people I don’t like to jail!”.

Your friends are of course immune to daang matuwid because they are your friends. They can’t do wrong.

Daido Katsumi
Guest

@Miauw Ming: Do you think he will listen to you? He’s a Yellow Zombie in the first place. He is gullible to believe about the Aquino magic and hype and jailing supposed ‘corrupt’ people like Arroyo and Corona will be an achievement. Yes, an achievement from a TRIVIAL matter.

Waste your time on ‘eradicating corruption’ yet the economy is still crumbling and many Filipinos were jobless. That also happened to Cory’s 6 years were everything is going down the drain and everybody is a crybaby on blaming Marcos for their own faults.

ahehe
Guest

Fishball, it’s called hypocrisy. And where is that AK47/DVD kid Llamas? What about gambling lord Puno?

jay
Guest

I forgot to say that he is also a midnight appointee of Gloria Arroyo. This is the very reason why he should be guilty and the Philippines can move on from the past which is all about corruption.

-guilty of what???
-any violation??

Hyden Toro
Guest

It’s like a Knockout in a Main Event of a Boxing Match. Justice Corona, did what Manny Pacquiao do to his opponents. Give them a stunning blow to the Jaw, and they will be no more…
Noynoy Aquino and the rest of his cahoots, need to bare all their assets and money to us. Including their offshore Foreign Bank Accounts. To ignore this call, will give us suspicions, that you are hiding something. Cockroaches are afraid to go to the light, so are these people…

itchyBB
Guest
So What's News
Guest

Thank you itchyBB for sharing the article/blog post. Hope you had fun singing the song 🙂

Der Fuhrer
Guest

Philippine Star columnist Carmen Pedrosa describes what happened. This is excellent reading for the yellow species. It should clear up their extreme Nutzi fanaticism for their great leader…

http://www.philstar.com/Article.aspx?articleId=810832&publicationSubCategoryId=64

ahehe
Guest

Such venom from these people. Do they have something to lose? Like those connected with HLI?

Fishball
Guest

Senator Pimentel said that comingling of funds is not allowed and could make Corona in trouble. He must be saying sorry to Gloria Arroyo by now that he cannot be a lapdog to her anymore.

Daido Katsumi
Guest

Show us some proof and maybe we should believe you, barbaric troll. 🙂

Miauw Ming
Guest

CJ Corona outranks GMA right now. So he can’t really be her lapdog. The Ombudsman Conchita Carpio-Morales however is a proven lapdog. Willing to lie under oath for her President.

Co-mingling of family funds not allowed? Is that really a criminal activity to you? Or maybe it’s not allowed because it allows CJ Corona to perfectly explain the amount he is holding in his bank.

ici
Guest

spot on!

Trosp
Guest

“CJ Corona outranks GMA right now.”

Please some facts. Baka naman fairy tale mo lang yan.

Aegis-Judex
Guest

Well, he does, him being a CJ to GMA’s Congresswoman.

Impaler Triumphant
Guest

“CJ Corona outranks GMA right now. So he can’t really be her lapdog. The Ombudsman Conchita Carpio-Morales however is a proven lapdog. Willing to lie under oath for her President.”

That’s why I’ve been trying to say to Mr. Vincenzo Arellano. You know what, in fact, Corona could have Arroyo tried for alleged corruption (something Peenoy wants) and not worry about the latter throwing rocks at him.
——-

Miauw Ming, BTW, do we know each other personally?

If you think so, you know because I use this nom de guerre all the time.

squidball
Guest
TO ALL PEOPLE THAT ARE REPLYING TO “fishball”: “Never argue with stupid people, they will drag you down to their level and then beat you with experience” – Mark Twain Kaya corrupt ang ating gobyerno at mga opisyal ay dahil tayong sambayanan ay corrupted din ang pag-iisip. Hindi naman maluluklok ang mga corrupt na opisyal kung di natin sila binoto. Makapangdadaya ba sila kung ni isang boto ay wala sila? Alalahanin natin, tayo ang nagluglok kay GMA nung 2001. Pareho rin ang attitude natin sa pagiging sarado ang isip, pagiging mapanghusga, vindicative at pagamit ng “hatred over reason” Hindi tayo… Read more »
QUEEN BITCH
Member
“Democracy is a government of the people, for the people and BY THE PEOPLE. If we have a stupid government then I think it is safe to conclude that we have a population of stupid people…” i think that is unfair that people are referred to as stupid. though some are just so beyond words. just like this current administration. i do agree to what you said to a certain extent. but these people who are labeled bobo, stupid or dumb are from those who suffer from poor education and are forced to sell their votes for cash or food.… Read more »
mcalleyboy
Member
Amazing at just how lack luster and unprofessional many of the government employee’s are along with the banking industry employee’s they seem to act the same and the response to Corona from the Prosecution leader was that signing a waiver of hidden funds is not even an option, what! And Senator Drillion boasts that he will not reveal his funds, he’s not on trial, I beg to differ, how can corrupt men find another corrupt man guilty? The final step to fixing corruption is changing these self-serving laws once and for all and the banks need to stop hiding also… Read more »
The EQualizer Post
Guest

Corona: What’s the price of reputation? $2.4 million Plus P80 million?