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  • 19 hours ago
Two bank officials take the witness stand and say they found Vice President Sara Duterte’s office’s encashment of large funds ‘unusual.’

Full story: https://www.rappler.com/philippines/sara-duterte-trial-bank-officials-say-encashment-large-funds-unusual/

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00:00Two bank officials take the witness stand and say they found Vice President Sara Duterte's office's entachment of large funds
00:07unusual.
00:08Violeta Constantino and Ninita Camposano are former branch managers of Land Bank of the Philippines.
00:14They are the prosecution's first witnesses as it presents its case on Duterte's alleged misuse of confidential funds Wednesday, July
00:2029.
00:21Constantino managed the Shaw Boulevard branch of Land Bank that handled the OVP's account.
00:25It encashed P500 million in four checks during an eight-month period from December 2022 to July 2023.
00:33She says it was the first time in her 32-year career in the banking industry to oversee the encashment
00:38of such a huge amount.
00:40In my personal opinion, in the bank, it's like, of course, where should I use this cash?
00:47For this particular, we don't have a doubt because we know that it's legit the transaction.
00:52The testimony aligns with the previous affidavit of self-confessed Sara Duterte bagman, Ramil Madriaga.
00:58He said the funds handed over to him were the P125 million in confidential funds of the OVP for 2022,
01:04which were supposedly disbursed in less than 24 hours.
01:08Camposano, meantime, says it was the first time for the Education Department to encash P37 million over the course of
01:14five months.
01:15Normal ba yung pag-withdraw ng P37 million cash sa inyong branch?
01:25With Land Bank DepEd po, for government agencies, unusual po ang amount ng pag-withdraw.
01:39A
01:39In

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