Drilon asks Atienza clarificatory questions

Rappler.com
Senator Frankling Drilon asks former Manila Mayor Lito Atienza some clarificatory questions on purchase of BGEI property

MANILA, Philippines – Senator Frankling Drilon asks former Manila Mayor Lito Atienza some clarificatory questions to establish whether or not Atienza and city government properly checked the authority of Mrs. Corona and the state of BGEI.

Drilon to Atienza: You agree that you are expected to exercise extraordinary diligence, in this case it involves P34.7 Million?

Atienza said that the lawyers may have checked with SEC on status of BGEI but he can’t say for sure.

Drilon points out that the money was deposited not for BGEI but under the name of Cristina Corona. Atienza says he has no knowledge of this, adds he believed that she was authorized to receive the payment.

Drilon asks Atienza in Filipino, you do not know that until today, the capital gains tax have not been paid and the title of the property is still in the name of BGEI?

Drilon says there was lack of due diligence in the part of Atienza in handling the fund of Manila. – Rappler.com