‘Corona assets worth P200M’
19 properties allegedly undeclared
By Cynthia D. Balana, Juliet Labog-Javellana
Philippine Daily Inquirer
January 14, 2012

 Land titles show a spate of acquisitions of prime real estate by Chief Justice Renato Corona and his family as late as 2010.

Documents of the Land Registration Authority (LRA) obtained by the Inquirer from unimpeachable sources showed that 19 properties were registered under the name of Corona, his wife Cristina, their daughters Charina and Carla, and the latter’s husband Constantino Castillo.

Spread across four cities in Metro Manila—Makati, Taguig, Marikina and Quezon City—the 19 properties, including condominium units in the most prestigious addresses, have an estimated total area of 5,880 square meters and current market value of P202.2 million.

The combined area of nearly 6,000 sq m is roughly equivalent to 326 housing units under the government’s socialized housing program.

The 19 properties are among the 45 properties that the House prosecution panel disclosed on Thursday as among the questionable assets that the impeached Chief Justice did not declare in his statement of assets, liabilities and net worth (SALN).

The 11-member House prosecution panel has asked the Senate impeachment court to subpoena documents on the 45 properties during the impeachment trial that opens on Monday.

Read full article @ newsinfo.inquirer.net

2 responses to “[In the news] ‘Corona assets worth P200M’ – INQUIRER.net”

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