Chief Justice has P183-M in bank deposits

Chief Justice Renato Corona has P183.2 million in peso and dollar accounts. During Friday’s testimony, he said he has US$2.4-M in dollar amounts and an additional P80-M in peso deposits. He however did not declare these in his Statement of Assets, Liabilities, and Net Worth (SALN).  The amounts he admitted to owning are higher than what he declared in his 2010 SALN, the latest available public document. His 2011 SALN filed in April 2012, has not been released to the public. Corona said he did not declare the money he admitted owning owing to the confidentiality of foreign currency deposits and what he termed as “co-mingled funds” or funds jointly shared with others – in his case, his wife and his children.

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