Thursday, January 26, 2012

Properties of Renato Corona

Some of the properties acquired by Supreme Court (SC) Chief Justice Renato Corona and his wife, Maria Cristina Corona were divulged during the sixth day of the impeachment trial against the Chief Justice before the Senate Impeachment Court on Wednesday.

During her testimony, Bureau of Internal Revenue (BIR) Commissioner Kim Jacinto-Henares authenticated a certified true copy of a certificate authorizing registration (CAR), showing the buyer as Cristina Corona dated Sept. 16, 2005 and valid until 2006 with acquisition cost of P9,159,940 for a property in Global City, Taguig City, particularly Bellagio Condominium property.

Also presented was a certified true copy of a CAR with name of the buyer spouses Renato Corona and Cristina Corona on a 303.3 square meters (sq. m.) property in Bellagio valued at P14,510,225.00 dated Dec. 17, 2009 valid until 2010.

It was also disclosed that a property in the name of the buyer Renato Corona and Cristina Corona with acquisition cost of P2,508,000 dated Dec. 8, 2003.

Likewise, a CAR showing the seller as Cristina Corona of a property consisting of a parcel of land measuring 1,200 sq.m. costing P18 million dated Oct. 22, 2010.

Henares also authenticated a CAR showing a 260-sq.m. property sold on March 12, 2010 with selling price P8 million.

She testified on the shares of stock in the Palms and Country Club, Inc. dated Dec. 5, 2011 with selling price of P700,000, whose buyers are spouses Renato Corona and Cristina Corona.

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