Prosecution: Comparison of VP Sara's P2M GenCorp income to Cabrera report 'misplaced'
The prosecution in the impeachment trial of the Philippine Vice President argued that comparing the P2.14 million payout to the VP from GenCorp to allegations of P212 million in undeclared income is a 'misplaced' comparison, citing the limited scope of testimony.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Unsatisfactory answers not contemptible, Escudero stresses in impeachment trial
Senate impeachment court presiding officer Francis 'Chiz' Escudero stated that unsatisfactory answers from witnesses do not automatically constitute contempt. He emphasized the importance of respecting witnesses' rights and patiently evaluating evidence.
- SM Investments Posts 9% Net Income Growth to P70.2 Billion Amid Economic Slowdown
SM Investments Corp. (SMIC), a leading Philippine conglomerate, reported a 9% year-on-year increase in net income to P70.2 billion for the first three quarters of the year, demonstrating resilience despite a slowdown in economic growth, largely driven by robust consumer spending.
- Philippines Relaunches Coal Mine Bidding Amid Investor Concerns
The Philippine Department of Energy (DOE) has relaunched its controversial coal mine bidding, aiming for contract awards early next year. However, investors have voiced concerns regarding the asset-surrender rule, as the DOE prepares to receive proposals from potential new operators.
- Luzon Power Spot Prices Surge 51% in October, Burdening Households and Businesses
Electricity spot market prices in Luzon, Philippines, surged by 51.2% to P7.83 per kilowatt-hour in October. This increase is expected to lead to higher electricity bills for households and businesses, according to data from the Independent Electricity Market Operator of the Philippines (IEMOP).