00:00Thank you very much.
00:31Return of investment daw ito. Ayaw sa testigo. Nakatutog si Sandra Aguinaldo.
00:40Sa State Metaphats, Liabilities and Net Worth o SAL-ENI, Vice President Sara Duterte,
00:46idinikla rin niyang stockholder siya ng Metro Chow Food Corporation at Gencorp Industries Inc.
00:53Pero sa testimonya kanina ng in-house counsel ng dalawang kumpanya, wala daw shares.
00:58Si Duterte sa Gencorp, magamat shareholder siya ng Metro Chow mula 2022 hanggang 2025.
01:07Pero inamin ni Atty. Suzette Balokanag-Punay na merong tinanggap na pera ang vice mula sa Gencorp
01:13na nagkakahalaga ng 2.41 million pesos.
01:16Paliwanag niya, ibinalik umano ng Gencorp ang investment ng vice sa kumpanyang Davao Bounty.
01:23Ang Gencorp kasi daw ang nagtuloy sa binalak na fast food business ng Davao Bounty.
01:29She has a loose investment in the Jollibee Times Square branch.
01:36Because before Jollibee Times Square started its operations,
01:45there was a corporation, which is Davao Bounty Times Foods Corporation,
01:51which where vice president was a stockholder.
01:56And this corporation was supposed to be the one to operate Jollibee Times Square branch,
02:02but it did not materialize.
02:05So another corporation commenced the operations of that certain branch.
02:10The same loose investment is now carried over to Gencorp.
02:14Sa pagdini, lumaba sa cross-examination na P46,000 lang umano ang investment ng vice sa Gencorp.
02:22Kung gayon, tanong ng prosecution,
02:25bakit daw mahigit 2 million pesos ang umaray binalik ng Gencorp kay Duterte?
02:29Hindi na po ito return of investment.
02:33Return on investment na po ito.
02:37Return of investment, hindi po ba?
02:40Ginamit nyo kasi ganina, return of investment eh.
02:43Binalik yung ininvest.
02:46Binalik yung kapital lang.
02:48Return on investment, may kita na yung kapital.
02:52Kasi nga, yung binayaran lang ng vice president ayon sa dokumento ay 48,000 sa Davao Bounty.
03:00Maliba na lang kung may alam pa kayo at masasabing iba pang investment ng vice president na binabalik.
03:06Hindi ko nga po alam kung meron.
03:08Whether it be return, a return on investment or a return of investment, it is still income, correct?
03:22Yes.
03:23Argumento ng prosecution, labag sa saligang batas na magkaroon ng iba pang source of income ang vice bukod sa sweldo
03:30niya.
03:30Ang depensa naman, ibinangga ang mga sinabi ni Punay sa report ng ipinresentang forensic expert ng prosecution na nagsabing nasa
03:3920% umano ang interes ni VP sa GenCorp at bahigit 200 million pesos umano ang maaring undeclared income niya
03:47mula dito.
03:48Pero sabi ni Punay, mali ito.
03:50If we add 20% because according to the forensic report, Sarah has 20%, then the amount paid will be
04:031.5 million.
04:05So, it is, I do not know where to put it, sorry.
04:10And what do you call that situation?
04:11It's absurd.
04:13Absurd based on what, Your Honor?
04:16Absurd is, again, a conclusion.
04:18It is a conclusion of fact, conclusion of law, and more than that, it is an opinion.
04:24I can also say that her testimony is absurd.
04:27It's badgering our witness, Your Honor.
04:29Matatandaan sa mga dokumento mula sa Securities and Exchange Commission na ipiniresenta ng prosecution sa Korte,
04:36nakalista si VP Sarah bilang direktor at member ng Compensation Committee ng Metro Chao.
04:42Pero para sa GenCorp, wala raw itong anumang posisyon.
04:45Wala din umano itong partisipasyon sa mga meeting at operasyon ng negosyo ng GenCorp at Metro Chao.
04:52Nailista lang umano si Duterte sa Compensation Committee dahil sa isang pagkakamalik.
04:57He only created Compensation Committee to be compliant with bank regulations.
05:04Yes, ma'am.
05:05So that is a misrepresentation.
05:09Not a misrepresentation, but it is an error.
05:12It is an error.
05:14What is the difference between an error and a misrepresentation?
05:19It is an honest mistake, ma'am, on the accounting staff that prepared the GIS.
05:25And there is no intention to misrepresent that the Vice President is a member of the Compensation Committee.
05:32Sandra Aguinaldo na Katuto, 24 Horas.