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GenCorp Industries, Inc, Metro City Chow Foods Corp. In-House Counsel Suzette Balucanag-Punay takes over the witness stand on the 42nd day of Vice President Sara Duterte on Wednesday, Nov. 11.

Punay is one of the first set of witnesses presented by the defense, as the trial continues its proceedings on the Article II of the Articles of Impeachment, in regards to Duterte's alleged unexplained wealth.

Defense counsel Justin Nicol Gular made the offer of testimony to Punay, in order to prove that Duterte is "neither a stockholder, officer, or director of GenCorp Industries", and has no participation in the functions of Metro City Chow Food Corporation Compensation Committee, or as board member.

Punay earlier stated that Duterte has no shareholdings in GenCorp in 2025, and also testified that she did not hold any position in the company. Additionally, she also said that the Vice President had no participation in the decisions, or operations of Metro City Chow Foods Corp., despite having a 20% share and as a member of its Board of Directors.

Some senator-judges flagged Punay's lack of research regarding the presented documents and procedures, as she was cross-examined by the prosecution panel.

Tensions also flared during the trial, particularly between the witness, defense counsel, and private prosecutor Lorna Kapunan. (Video courtesy of Senate of the Philippines)

#VPOnTrial #VPSaraOnTrial

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Transcript
00:00Ma'am, please raise your right hand.
00:03You, Suzette Balocanag-Punay, do swear that the evidence you shall give in the case now pending between the Philippines
00:10and Vice President Cyrus Jim R. M. Duterte shall be the truth, the whole truth, and nothing but the truth.
00:15So help you, God.
00:17In the year 2025, based on your personal knowledge and the corporate records that are available to you, Atty. Suzette,
00:25how much shareholdings does the Vice President have, if at all, in Gencorp Industries, Inc.?
00:32None.
00:34And based on your personal knowledge and the corporate records that are available to you, what positions, if any, did
00:41the Vice President hold in Gencorp Industries, Inc. in the year 2025?
00:46None.
00:47She did not participate.
00:50I have not seen her in the meetings, either board meetings or even company parties, even in the store, in
01:03the branch.
01:04There were, actually there were two significant incidents in the branch last year.
01:11And I actually asked if, what would be the effect to the Vice President and the Operations Manager said that
01:22wala man na siya nag-appeal-appeal dude ever since.
01:25It shows that the Vice President allegedly has 20% ownership in the company and has a paid-up capital
01:33of, allegedly, P250,000.
01:36Again, based on your personal knowledge and the corporate records that are available to you, as the in-house counsel
01:43of Gencorp Industries, Inc., what can you say about the accuracy of those alleged findings?
01:49This is inaccurate, sir.
01:51And what do you call that situation, Attorney Suzette?
01:58It's absurd.
02:00We moved to strike, our honor.
02:02Your honor, that's the answer of the witness.
02:04Absurd based on what, your honor.
02:07Absurd is, again, a conclusion.
02:09It is a conclusion of fact, conclusion of law, and more than that, it is an opinion.
02:15I can also say that her testimony is absurd.
02:18She knows why she has a witness today for the unexplained wealth of BP Sarah for her to explain the
02:27unexplainable.
02:29And yet, a lot of people who don't know, like the return on investment or return of investment, she could
02:37have at least asked and made some research.
02:41She asked the Gencorp, what is this, return of investment or return on investment?
02:47And she cannot answer that simple question from the prosecution.
02:5115 years ka, abogado, mukhang hindi ka paredi.
02:54Or, nagmamangmangan lang po kayo.
02:57Are you saying in 2026 wala na siyang natanggap?
02:59Tumigil in 2025?
03:02With respect to 2026 wala na natanggap.
03:05The data that I requested is for 2022 to 2025.
03:09No, iba yung data that you requested.
03:11Are you confirming that she did not receive any more money from Gencorp this year?
03:15I cannot confirm if there is.
03:18So, you cannot confirm whether the Vice President received any money from Gencorp in 2026.
03:25You were the…
03:26No po.
03:26I am not part of the accounting department.
03:29Okay, sige.
03:30Second question, ano yung formula to get these figures?
03:35Also, the formula.
03:36I am not…
03:37I do not have any participation in the computation.
03:39So, I do not know.
03:41Pumunta ka dito with these numbers.
03:42Di mo alam kung paano nakuha yung mga numero.
03:44I requested for data extraction for 2022 to 2025.
03:49Is the Vice President in violation of the Constitution by not declaring income which she received from sources other than
04:00her salary?
04:01Your Honor.
04:02Clear question.
04:03Your Honor.
04:04Why can you not answer that?
04:06Fifteen years in the practice of law, you do not know what should not be declared and what should be
04:12declared as a public officer?
04:15You do not know that a public officer cannot receive income apart from her legitimate salary from any other business
04:24or exercise of any profession?
04:26Pero ang suma total po ay kahit pa subukan ninyo, with all due respect, sabihin na wala o merong business
04:37interest si VP Duterte sa GenCorp, she made an admission already for the record para sa ating kabatiran lahat.
04:56She will not know that a public officer.
04:56You do not know who would not have a public officer but should not be declared as a public officer.
04:5720 years in the practice of law, you do not know that a public officer who had a public officer,
04:57a private practice of law.
04:57A public officer in the practice of law, she made an admission department in action to her medical practice.

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