so the people know: Context: Article II does not allege graft and corruption as a ground for impeachment. It alleges culpable violation of the Constitution and betrayal of public trust. The ruling of the Senate disallows evidence on "ill-gotten wealth" (proper attribution is "unexplained wealth under Rep Act 1379 that the Complaint cites). Prosecution is allowed to present evidence on the SALNs vis-a-vis whether or not properties or assets are declared therein. And that whatever presumption may arise or can be drawn is left to the Senate. So far properties testified on by BIR Chief are in the SALNs except the Palm Country Club Share of December 2011 that still have to be declared in CJs 2012 SALN still due on April 30. SALNs disclosed borrowing of 11.0 million repaid over the years. This was the La Vista Property that was sold eventually for 18.0 million. With this lot, another lot in Ayala Heights was sold for 8.0 million. Taxes called capital gains tax here are final. Whatever profits earned the sales are no linger required to be reported as income of the seller.
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