00:06In-house counsel of Gencorp Industries, Inc.,
00:10the shareholder of the company, Vice President Sara Duterte.
00:13But the question of the prosecution and impeachment court,
00:16why there is a $2 million at the vice president of the company?
00:22Saksi, C.N. Cruz.
00:27Sa ika-42 araw ng pagliliti sa impeachment laban kay Vice President Sara Duterte,
00:34pumarap bilang defense witness si Atty. Josette Balukanag-Punay
00:38ang in-house counsel ng Gencorp Industries, Inc. at Metro City Chow Food Corporation.
00:45Ito ang dalawang kumpanya na nakalista sa Statement of Assets, Liabilities, and Net Worth
00:50o SAL-N ni Vice President Sara Duterte.
00:53Pero sa direct examination ay sinagawa ng Defense Counsel na si Atty. Justin Gullar.
00:59Inihayag ni Punay na hindi nakalista ang paalan ni Duterte
01:03sa mga General Information Sheet o GIS ng dalawang kumpanya
01:07para sa mga taong 2022 hanggang 2025 kung kailan nakaupo na siya bilang vice presidente.
01:15Tinanong ni Gullar si Punay,
01:17kong may sa naunang ulat ng prosecution witness na si Forensic Financial Analyst,
01:22Atty. Alexander Cabrera.
01:46It states, and I quote,
01:51Binusisi Rini Gullar ang isa pang bahagi ng Forensic Report ni Cabrera.
01:56It shows that the vice president allegedly has 20% ownership in the company
02:02and has a paid-up capital of allegedly P250,000.
02:06What can you say about the accuracy of those alleged findings?
02:11This is inaccurate, sir.
02:13And why do you say that, Atty. Suzette?
02:15It is inconsistent from the records of the corporation.
02:19Ayon kay Punay, 1.25 million pesos ang paid-up capital ng GenCorp.
02:25I do not know what will happen if we add 20%
02:33because according to the Forensic Report,
02:37Sarah has 20%,
02:41then the amount paid will be 1.5 million.
02:44So, it is, I do not know where to put it, sorry.
02:49It's absurd.
02:50Pinalaga naman ng prosecution ang pahayag.
02:53We move to strike out, Your Honor.
02:56Absurd is, again, a conclusion.
02:59It is a conclusion of fact, conclusion of law,
03:01and more than that, it is an opinion.
03:03I can also say that her testimony is absurd, Your Honor,
03:08for the same reason.
03:10Ubal pa rin ang depensa.
03:11To call a witness testimony is absurd, without basis.
03:15It's badgering our witness, Your Honor.
03:16Your Honor, counsels, please, please.
03:19I will strike out both the statement of the witness as to absurd.
03:23Inilahad din ni Punay na walang shares o posisyon
03:27na hawak ang bisis sa GenCorp mula 2022 hanggang 2025.
03:32Pero kalaunan, sinabi niyang may tinanggap na pera si Duterte
03:36mula sa GenCorp na nagkakahalaga ng mahigit 2 milyong piso.
03:41Anya, loose investment ito ng bisi sa kumpanyang Davao Bounty
03:46para sa isang fast food branch na hindi naituloy.
03:50She has a loose investment.
03:51It's not in the corporation but it is in the store, in the outlet or in the branch.
03:59There was a corporation which is Davao Bounty Times Food Corporation
04:03which where Vice President was a stockholder.
04:09And this corporation was supposed to be the one to operate Jollibee Times Square branch
04:15but it did not materialize.
04:18So another corporation commenced the operations of that certain branch.
04:24The same loose investment is now carried over to GenCorp.
04:28Sa cross-examination, lumabas sa mahigit 40,000 piso lang umano
04:32ang investment ng bisi sa Davao Bounty.
04:36Kaya tanong ng prosekusyon, bakit umabot sa mahigit 2 milyon pesos
04:40ang ibinalik ng GenCorp kay Duterte?
04:44The 2.1 is not the investment but the return of capital.
04:48Ang binayaran lamang ng Vice President ayon sa record ay 48,000.
04:54Yung binibigay ng GenCorp mula 2022, 45x na, 45x na,
05:04nung kanyang investment sa Davao Bounty.
05:10Hindi na po ito return of investment.
05:13Return of investment eh.
05:15Binalik yung ininvest.
05:18Binalik yung kapital lang.
05:20Return on investment, may kita na yung kapital.
05:24Kaya tanong ni Presiding Officer Jesus Correro,
05:27may iba pa ba ang investment si Duterte?
05:30Wala na po.
05:31Wala kayong alam.
05:32Pero posibleng meron, hindi nyo lang alam.
05:35Hindi ko nga po alam kung meron
05:37because I could not verify it from other records.
05:40Whether it be a return on investment or a return of investment,
05:51Madam Counsel, you are following.
05:53It is still income, correct?
05:58Yes.
05:59Doon ipinundo ng prosekusyon na labag sa saligang batas
06:03na magkaroon ng ibang source of income ang vice presidente
06:06bukod sa kanyang sweldo sa gobyerno.
06:08Sinabi rin ni Punay na walang anumang posisyon ang vice sa kanilang kumpanya.
06:13Yan ay kahit pa nasa mga dokumentong iprenesenta
06:17ng Securities and Exchange Commission
06:19na nakalista si VP Duterte bilang direktor
06:22at miyembro ng Compensation Committee ng Metro City Chow Foods.
06:27Dagdag pa ni Punay,
06:28walang partisipasyon sa mga pulong at operasyon ng dalawang kumpanya ang vice.
06:33When you said you have not seen the vice president
06:38in any of the board of directors' meetings,
06:42what you're saying is you have not seen her
06:45in the two meetings per year that you attend?
06:49Yes, ma'am.
06:50Okay.
06:50You do not know if there are other meetings of the board of directors
06:54that she is there,
06:56but which meetings you don't attend, correct?
07:00That's possible.
07:01Kaugnay naman sa pagkakalista ni Duterte bilang miyembro ng Compensation Committee,
07:05sinabi ni Punay na nailista lang umano si Duterte sa Compensation Committee
07:10dahil sa pagkakamali.
07:12It is an honest mistake, ma'am, on the accounting staff that prepared the GIS
07:17and there is no intention to misrepresent
07:20that the vice president is a member of the Compensation Committee.
07:24Hiniling ni Escudero na magsumite ang depensa ng mga dokumentong magpapaliwanag
07:29kung para saan ang perang ibinigay kay Duterte.
07:32This is quite a serious allegation, ma'am, from a different perspective.
07:36The vice president, during different times in her career, was a public officer.
07:41So why would she be receiving monies from a private corporation
07:45that she has no interest in?
07:50Hindi po ba?
07:51Yung period na in question, dala niyo po yung sa accountant,
07:55yung 22 to 2025, ay naman sa depensa.
07:58Siyempre limited lang naman yung kaalaman niya.
08:01So meron siyang limits sa kanyang testimonya.
08:04As I manifested earlier, we will present a witness,
08:09the appropriate witness at the appropriate time
08:12para ma-fill in kung ano man yung mga naging tanong
08:15ng ating mga butihing center judges.
08:20Ako si Ian Cruz, ang inyong saksi.
