Monday, January 30, 2012


ANC: 9:35-9:55/CORONA IMPEACHMENT TRIAL/INTERVIEW WITH ATTY. RAMON ESGUERRA
- BELLAGIO PROPERTY WAS DISCLOSED IN CORONA'S SALN BUT THAT DOES NOT CONSTITUTE VIOLATION OF THE LAW. THE LAW PROVIDES FOR A CORRECTIVE MEASURE ON BELATED DISCLOSURES ON SALN. THERE IS NO LIABILITY FOR PERJURY FOR OFFICIALS WHO COMMIT ERRORS IN SUBMISSION OF SALN. MEGAWORLD MADE A MARKETING JUDGMENT CALL WHEN IT GAVE A DISCOUNT ON BELLAGIO PROPERTY. MEGAWORLD HAD A CASE BEFORE SC IN 2004 AND THE PURCHASE OF BELLAGIO PROPERTY WAS IN 2008. MEGAWOLRD LOST IN ANOTHER CASE AT ABOUT THE SAME TIME CORONA PURCHASED THE BELLAGIO PROPERTY.

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