Stressing that the impeachment tribunal itself had imposed clear limitations on its rulings, the defense team of Vice President Sara Duterte on Wednesday, Aug. 5, said it would comply with the decisions of the Senate impeachment court despite objecting to several motions during the proceedings....
The Philippine Stock Exchange index (PSEi) declined on Wednesday, Aug. 5, despite the slightly lower July inflation rate of 6.2 percent as investors took profits ahead of the second-quarter gross domestic product (GDP) data release and amid overseas uncertainties. The main index dipped by 10.33...
Commission on Audit (COA) auditor Roderick Wamil’s testimony on Vice President Sara Duterte 's alleged confidential funds misuse remained unrebutted, private prosecutor Benjamin "Jay" Tolosa Jr. said. Tolosa gave this assessment ahead of day 13 of respondent Duterte 's Senate...
House prosecutor Bicol Saro Party-list Rep. Terry Ridon described as "irregular" and "improper" the alleged request of Vice President Sara Duterte 's subordinates for the Commission on Audit (COA) to temper its actions on the audit of confidential funds. Ridon was referring to COA auditor...
Noting that the prosecution has yet to establish its allegations, the defense team of Vice President Sara Duterte on Tuesday, August 4, reiterated that there was "no misuse" or misappropriation of the Office of the Vice President 's (OVP) confidential funds. Defense spokesperson Atty. Michael...
Local equities fell as global geopolitical friction and domestic fiscal policy concerns eroded risk appetite, halting a previous session rally. The Philippine Stock Exchange index (PSEi) slipped 38.08 points, or 0.6 percent, to close at 6,296.64 on Tuesday, Aug. 4. Sectoral performance was mixed,...
Recognizing that both the prosecution and the defense have been given equal opportunities to present their arguments, the defense team of Vice President Sara Duterte on Tuesday, Aug. 4, said the Senate impeachment court has been fair in handling the proceedings. Defense spokesperson Atty. Michael...
The defense team of Vice President Sara Duterte on Tuesday, August 4, disputed claims that she was the first vice president in Philippine history to receive confidential funds, saying such assertions are misleading and inconsistent with historical records. Speaking to reporters after the day...
Office of the Vice President (OVP) and the Department of Education (DepEd) officials purportedly asked the Commission on Audit (COA) to issue a less formal “audit query” instead of an Audit Observation Memorandum (AOM) over deficiencies in the agencies’ confidential fund submissions, a COA...
Japanese financial giant MUFG Bank Ltd. said the Philippine peso is among the Asian currencies that stand to benefit from the Japanese yen’s appreciation against the United States (US) dollar. MUFG Global Markets Research senior currency analyst Michael Wan identified the peso, Thai baht, and...
Noting that it would be premature to discuss the matter while the Senate impeachment trial remains in the prosecution 's presentation of evidence, the defense team of Vice President Sara Duterte on Monday, August 3, declined to comment on issues involving "Mary Grace Piattos." Defense...
Stressing that subpoenaed documents are not automatically admissible as evidence, the defense team of Vice President Sara Duterte on Monday, August 3, said thousands of acknowledgment receipts presented in the impeachment trial remain subject to legal scrutiny. Defense spokesperson and lawyer...
