Corona’s Bank Essay

Another bank account shows glorys cardinalsChief Justice Renato Corona owns another peso account containing millions, a bank formal testified on Thursdays hearing. As of 2010, Coronas Bank of the Philippine Islands account has P12 million, tell Leonora Dizon, branch theatre director of BPI Ayala Avenue Branch. Senate earlier ordered Dizon to testify and bring Coronas bank records from 2005 to 2010 to be presented as evidence for the impeachments Article II, which deals with the truthfulness of statements of assets, liabilities and net worth.The bank manager said Coronas BPI account is still active.Balances at yearend were P149,000 in 2005 P153,000 in 2006 P5 million in 2007 P1.5 million in 2008 P678,000 in 2009 and then P12 million in 2010. This is apart from Coronas two other accounts in Philippine Savings Bank with a combined ending vestibular sense of almost P20 million, as revealed in the impeachment court on Wednesday. In his 2010 SALN, Coronas declared silver asset was o nly P3.5 million. Lead defense counsel Serafin Cuevas asked the Senate to subpoena Coronas bank records from BPI. He wanted to show that Coronas P12 million was not due to a single gravel but accumulated over several transactions.But Senate President Juan Ponce Enrile, presiding officer of the impeachment court, told both parties to plain go to the bank to examine Coronas records in order to speed things up.AirAsia Philippines Leasing 16 AircraftMANILA, Philippines saucily licensed AirAsia Inc. (Philippines) will lease 14-16 Airbus 320 planes to service domestic and international routes within 1.5 to 4 hours flight from its Clark, Pampanga hub in the next half decade.The airline on Wednesday received its commercial air carrier certificate (AOC) from the civilian Aviation Authority of the Philippines (CAAP) in the latters Manila office.In March, last year, AirAsia Inc. registered with the Securities and Exchange focal point (SEC) to engage primarily in the business of air transp ortation in the Philippines and abroad for passenger and cargo.AirAsia Inc. is a 60-40 joint venture between Filipino investors Antonio O. Cojuangco, Michael L. Romero and Marianne B. Hontiveros with Malaysias AirAsia International Ltd., a wholly-owned subsidiary of AirAsia Berhad.The latter win the best low cost airline award for three consecutive years from Skytrax, the worlds largest airline and airport review site.In the coming weeks, we will begin our domestic and international operations using two brand new Airbus A-320s flown in from the Airbus factory in Toulouse, France, AirAsia Inc. CEO Marianne Hontiveros announced.The airline has amply complied with the new rigid process and requirements for the AOC meant to ensure safety conscientiousness in Philippine Aviation.We are connected to make air travel more fun, affordable and accessible to all Filipinos, she added.The airline also aims to rectify tourism and boost passenger traffic at its hub in the Diosdado Macapagal In ternational Airport (DMIA) in Clark, Angeles, Pampanga.