Record of the Senate - Integrated Bar of the Philippines

60 TUESDAY, MAY 8, 2012Senator Drilon. Sige, ganoon na lang at mahirap kung marami kayong hindi alam.So, salamat po, Ginoong Pangulo.The Presiding Officer. Any further questions?The gentleman from Pampanga.Senator Pangilinan. Thank you very much, Mr. President.Just a clarification of the facts and both counsel of both parties may care to comment.The sale of the property, the Basa-Guidote property was done in June of 2001.Mr. Ginez. Yes, Your Honor.Senator Pangilinan. Okay. Jose Basa died in August of 2002?Mr. Ginez. Yes, Your Honor.Senator Pangilinan. The Writ of Execution was in April of 2003 to include the auction sale,April of 2003?Mr. Ginez. The auction sale is September 30, 2003.Senator Pangilinan. Sorry. The writ was issued in April of 2003, in September of 2003, thesale of 90.7 percent of the Basa-Guidote shares happened. So that is September 2003 in a publicauction, Carla Castillo pays P28,000.00 and this is received by Cristina Corona.Mr. Ginez. Yes, Your Honor.Senator Pangilinan. And then sometime between September and December of 2003, JusticeCorona receives P11 million cash advance from Basa-Guidote?Mr. Roy. Yes, Your Honor.No, no. I am sorry, Your Honor. The cash advance occurred between September 5 andSeptember 30, 2003.Senator Pangilinan. That is correct.Mr. Roy. Because, at that time the cash advance was drawn, the shares had not been sold toCarla Corona.Senator Pangilinan. So that is the….Mr. Roy. That is the connection for the entry—that is the reason why the P11 million is reportedin the SALN. After September 30, the facts of the case have changed because the shares are nowowned by a different person. The corporation is now controlled by a different person, by Carla Castillo.Senator Pangilinan. Thank you. Thank you.The Presiding Officer. By the way, Mr. Sheriff, how did you transfer the shares of stock ofBasa-Guidote to the buyer?Mr. Bisnar. Through the Certificate of Sale lang po, Your Honor.The Presiding Officer. Certificate of Sale?