N. Jacinto for DZRH 810 AM live from the floor of the Impeachment Court:
When asked straight out by Cayetano, Renato discloses he has around 2.4 million US Dollars. This is roughly 90 million pesos now. But it didn't start as a 90 million peso deposit . It has gone up depending on the interest and exchange rates over the last 35 years since Corona was still in the Private Sector and not yet in government, much less the Chief Justice. He has paid no mortgage for 45 years as he own his house free and clear inherited from his mother. The Corona family has lived frugally and saved for 45 years and this amount is his accumulated savings.
Corona and his family live on his salary and daily income for daily expenses. All investments in bank accounts with varying interest and exchange rates over the years have not been touched or spent. Hence the amount.
When asked straight out by Cayetano, Renato discloses he has around 2.4 million US Dollars. This is roughly 90 million pesos now. But it didn't start as a 90 million peso deposit . It has gone up depending on the interest and exchange rates over the last 35 years since Corona was still in the Private Sector and not yet in government, much less the Chief Justice. He has paid no mortgage for 45 years as he own his house free and clear inherited from his mother. The Corona family has lived frugally and saved for 45 years and this amount is his accumulated savings.
Corona and his family live on his salary and daily income for daily expenses. All investments in bank accounts with varying interest and exchange rates over the years have not been touched or spent. Hence the amount.
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