Corona’s Bank Essay

Anformer(a) bank vizor shows Coronas millionsChief Justice Renato Corona owns another peso account containing millions, a bank official testified on Thursdays hearing. As of 2010, Coronas Bank of the Philippine Islands account has P12 million, utter Leonora Dizon, branch manager of BPI Ayala Avenue Branch. Senate earlier ordered Dizon to raise and bring Coronas bank records from 2005 to 2010 to be presented as usher for the impeachments Article II, which deals with the truthfulness of statements of assets, liabilities and net worth.The bank manager verbalize Coronas BPI account is still active.Balances at yeargonnd were P149,000 in 2005 P153,000 in 2006 P5 million in 2007 P1.5 million in 2008 P678,000 in 2009 and whence P12 million in 2010. This is apart from Coronas two other accounts in Philippine Savings Bank with a combined completion balance of almost P20 million, as revealed in the impeachment court on Wednesday. In his 2010 SALN, Coronas declared cash asset was only P3. 5 million. last defense counsel Serafin Cuevas asked the Senate to subpoena Coronas bank records from BPI. He wanted to show that Coronas P12 million was not collect to a single deposit but accumulated over several(prenominal) transactions.But Senate President Juan Ponce Enrile, presiding officer of the impeachment court, told both parties to simply go to the bank to examine Coronas records in order to locomote things up.AirAsia Philippines Leasing 16 AircraftMANILA, Philippines Newly licensed AirAsia Inc. (Philippines) will lease 14-16 Airbus 320 planes to service home(prenominal)ated and international routes within 1.5 to 4 hours flight from its Clark, Pampanga hub in the next half(prenominal) decade.The airline business on Wednesday received its commercial air carrier corroboration (AOC) from the Civil Aviation Authority of the Philippines (CAAP) in the latters manilla office.In March, last year, AirAsia Inc. registered with the Securities and Exchange Commission (SEC) t o engage primarily in the business of air transportation 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 won 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 fully complied with the new crocked process and requirements for the AOC meant to ensure safety conscientiousness in Philippine Aviation.We are committed to make air travel more fun, affordable and fond to all Filipinos, she added.The airline also aims to revitalize tourism and boost passenger t raffic at its hub in the Diosdado Macapagal International Airport (DMIA) in Clark, Angeles, Pampanga.