Wednesday, 15 February 2012 00:00
The bank secrecy law allows only the examination of an individual's peso bank deposit if there is a court order or upon the written consent of the depositor.
On foreign currency deposit (FCD) the court cannot issue a disclosure order except upon the voluntary written consent of the depositor.
In the case of the FCD of Chief Justice Corona, with or without a restraining order (TRO) issued by the Supreme Court the foreign currency deposit of the Chief Justice cannot be divulged by the bank before the impeachment court.
There is a need for congress to review the Foreign Currency Deposit Act and introduce appropriate amendments if necessary.
However, the disclosure of the peso bank deposits of the Chief Justice upon the order of the impeachment court are enough evidence to prove that the Chief Justice has accumulated wealth beyond his capacity as a salary earner.
Even without tackling other articles of impeachment against the Chief Justice it appears that there is a preponderance of evidence that could be used as basis for the Senators-Judges to decide whether the Chief Justice is guilty or not.
The burden of proof lies on the defense to prove the innocence of the Chief Justice beyond reasonable doubt.
The position of a Chief Justice calls for honesty, integrity, probity, credibility beyond suspicion.
By Rex Miravite
- 16/02/2012 13:38 - ‘Catch me if you can’
- 16/02/2012 13:37 - In the Cross Hairs
- 16/02/2012 13:36 - Where's the Boss? Trapped in a meeting
- 16/02/2012 13:35 - What does your Zodiac sign say about your love life?
- 15/02/2012 00:00 - “Impeach court not more supreme than SC”
- 15/02/2012 00:00 - Break-the-tie vote stirs political split
- 15/02/2012 00:00 - Body Language — Explained
- 14/02/2012 10:23 - Fighting Crime in Mampang
- 14/02/2012 10:22 - Defense decries PNoy pressure in trial
- 14/02/2012 10:19 - Meanings of 10 Valentine's Day Flowers