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The prosecution in Vice President Sara Duterte’s impeachment trial seeks to establish… she did not declare the value of her new business stocks despite being listed in her Statements of Assets, Liabilities, and Net Worth or SALN through the years.

Full story: https://www.rappler.com/philippines/sara-duterte-trial-declared-busineses-not-stocks-value/

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00:00The prosecution in Vice President Sara Duterte's impeachment trial seeks to establish she did not
00:05declare the value of her new business stocks despite being listed in her statements of assets,
00:10liabilities, and net worth, or SALEN, through the years. Ombudsman records officer Karen Batu says
00:16Duterte did not provide the acquisition costs of her businesses starting in 2007 when she entered
00:22public office as vice mayor of Davao City, as per Duterte's SALEN. The impeachment court obtained
00:27financial records of at least 20 businesses tied to the Vice President in the past two decades.
00:33Private Prosecutor James Bryan Ibrahim Ali refers to Section 8 of Republic Act 67-13 which states that
00:39a public official SALEN must include every personal property and their acquisition cost, as well as
00:44other assets such as stocks. But presiding officer Cheese Escudero points out the SALEN form does not
00:50have a specific section to specify business acquisition costs.
00:53So why does this pro forma form not include a line or column for acquisition costs for
01:03businesses if that is the requirement of the law?
01:06Kasi po yung stocks is considered as personal property, so dapat po nandun sa personal property portion.
01:11Meantime, Batu testifies Duterte did not submit her SALEN covering 2013. Duterte ended
01:17her term as Davao City Mayor mid-2013 and was required to submit an exit SALEN.
01:23Permanent of the day after all, the
01:24location of the union board was required to appear to be required and are required to be required to go
01:25to the
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