Basa-Guidote keeps Corona trial in suspense

Mar 23, 2012 5:31 AM PHT

Rappler.com

SUMMARY

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Basa-Guidote is the cliffhanger as the impeachment trial goes on break with unresolved questions on Corona's bank deposits.

MANILA, Philippines – The Basa-Guidote Enterprises Inc. (BGEI) becomes the cliffhanger in the impeachment trial of Chief Justice Renato Corona.

Former Manila mayor Lito Atienza testifies for the defense on Day 34 of the Corona trial. It is the last day before Congress adjourns for the Holy Week break.

Atienza says Corona and his wife negotiated the sale of BGEI’s sole property in Sampaloc, Manila to the city government, avoiding the expropriation of the lot. A cheque of P34.7 million was paid to Corona’s wife, Cristina, in trust for BGEI.

With the impeachment trial going on a 6-week break, the impeachment court is left in suspense as senator-judges ask how the BGEI money can explain Corona’s bank accounts.

Ayee Macaraig reports. – Rappler.com