00:01The prosecution examines Securities and Exchange Commission documents to establish that companies
00:07associated with Vice President Sara Duterte declared no dividends. Prosecution spokesman
00:12Zia Alonto Adiong notes that business picture does not align with her increasing net worth over
00:17the years. This during the 27th day of Duterte's impeachment trial. Gencorp is listed in Duterte's
00:23Statement of Assets, Liabilities, and Net Worth or SALN as one of the companies where she's a
00:28stockholder. Gencorp reported sales of 1.04 billion pesos from 2021 to 2024 but only a net
00:35income of 8 million pesos and had zero dividends. Another company, Metro City Chao, posted sales of
00:42309.01 million pesos from 2017 to 2025 and a net loss of 3.15 million pesos during the same
00:50period
00:51with no declared dividends.
01:16Based on SEC documents, at least eight other companies tied to her or her husband man,
01:20Scarpio, had no dividends declared.
01:23Ang tanong ng taong bayan, ba't ka naman nag-negosyo na continuously nalulugi? At bakit
01:29continuously nalulugi yung mga negosyo nyo mo, bakit naman tumataas ang inyong net worth at asset?
01:34Duterte declared a net worth of 71 million pesos in 2022, the year she became Vice President.
01:40As of 2025, her net worth stood at 98 million pesos.
01:45And now we have 25 cents a year later.
01:46Agony
01:46Agony
01:46Agony
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