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.
