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'FIRST TIME PO'

Senator-judge Risa Hontiveros asked former LandBank department manager Violeta Constantino if the ₱125 million encashment from the Office of the Vice President was unusual. Constantino said it was the first time in her 32-year career she had handled such a transaction. She explained that although the withdrawals were unusual, bank staff did not question them because the Office of the Vice President had informed the bank in advance about the large cash withdrawals. (Video courtesy of Senate of the Philippines)

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Transcript
00:00Do you say that it's unusual.
00:02Unusual the withdrawals of these.
00:04In the 32 years of the banking industry,
00:08in the land bank,
00:10have you ever seen such a large amount of withdrawals before?
00:15First time.
00:16First time.
00:18Thank you, Mr. President.
00:21Madam Witness,
00:23the 32 years of the banking industry said,
00:27do you say that it's only in the land bank?
00:31Opo.
00:32Okay.
00:33And then,
00:34you say,
00:35unusual.
00:37Unusual the withdrawals of these.
00:39In the 32 years of the banking industry,
00:43in the land bank,
00:45have you ever seen such a large amount of withdrawals before?
00:50First time.
00:51First time.
00:52Okay.
00:54Okay.
00:57Sabi niyo nga kanina,
00:58unusual yung amount.
01:00First time,
01:01may ganyang amount na
01:05125 million pesos.
01:08Bakit niyo sinabing unusual?
01:09Ano yung floor niyo
01:11para sabihin unusual yung isang amount?
01:16Usually po kasi,
01:17kaya naging unusual pa sa akin.
01:18Kasi cash po siyang kinukuha.
01:20Sa other,
01:21ano naman po is,
01:22kumbaga nag-i-issue po sila ng mga cheque sa,
01:25yung disbursement po nila.
01:27By checks po,
01:28hindi po cash.
01:29Okay.
01:31So,
01:31hindi lang yung
01:33laki nung halaga na
01:34125 million
01:36ang unusual,
01:37unusual din,
01:39na yung ganyang
01:40unusual amount
01:41ay
01:41sa cash
01:42kinuha
01:43at hindi sa mga cheque.
01:45Opo.
01:45Okay.
01:46And,
01:47yung 125 million,
01:49yun ba yung minimum
01:50na pag kinuha in cash
01:52sa sabihin nyo
01:53unusual?
01:54O meron bang
01:55lowest amount na
01:56kapag kinuha in cash
01:58sa sabihin nyo na rin
01:59unusual?
02:01Pwede naman po namin
02:03sabihin na unusual.
02:04Let's say,
02:05kung over,
02:06let's say,
02:06500,000 na po siya.
02:08Over 500,000?
02:09Say,
02:10kung over 500,000
02:12kinuha in cash
02:13sa sabihin nyo
02:14unusual?
02:14For the particular
02:15let's say po yung
02:16kliente.
02:17Yes.
02:18For the particular
02:19client.
02:20E ito,
02:21hindi lang
02:22500,000,
02:23125 million.
02:26So,
02:26250 times
02:28mas unusual
02:29sa minimum
02:30amount na
02:30sasabihin nyo
02:31yung unusual
02:32kung kinuha
02:33in cash.
02:35Depende po rin
02:37sa
02:37yung
02:38kliente po.
02:39Depende sa
02:40kliente.
02:41But,
02:41kung sigo
02:42mga kliente
02:43aside,
02:43nasabi nyo
02:44yung
02:44unusual
02:45dahil
02:46125 million
02:47na para po
02:48sa akin
02:49is 250
02:49times yung
02:50500,000
02:51at hindi po
02:52in check
02:53kundi in cash
02:54po kinuha.
02:57Pwede nga po.
02:58Depende po sa
02:59depositor po
03:00niya.
03:00Kung
03:01regular lang
03:02sa kanya
03:02yung mga
03:02ganu
03:03withdrawals
03:04or what,
03:04it's
03:04usual.
03:05Pero kung
03:06parang
03:07for the first
03:08time
03:08ma-encounter
03:08namin
03:09that much,
03:09unusual po saan.
03:10And this
03:11was
03:11your
03:11first
03:11time.
03:12And in
03:13your
03:1332
03:13years,
03:14higit
03:14tatlong
03:14dekada,
03:16kung
03:16masasabi
03:17nating
03:17pambihirang
03:18amount
03:19ito
03:19in cash.
03:20Masasabi
03:21nating
03:21once in a
03:22lifetime
03:23yung ganitong
03:24amount
03:24in cash.
03:25Pwede po.
03:26Pwede.
03:26Alright,
03:27salamat
03:27Mr.
03:28President
03:28Officer.
03:29Tutuloy ko
03:29po sa
03:30second
03:30round.
03:30Thank you
03:31Senator
03:31Judd.

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