[Blueboard] Newsbriefs 11 January 2012 Afternoon

SLB slb at admu.edu.ph
Wed Jan 11 17:24:05 PHT 2012


(The contents of this newsbrief service do not necessarily reflect the views of SLB. News and opinion are summarized from various sources; and headlines are retained as they are in the original. Rights on the article remain on the websites indicated. For more detailed information about any story in this bulletin visit the website indicated in every news item.)



Newsbriefs 11 January 2012 Afternoon

Simbahang Lingkod ng Bayan

 

Impeachment backers keep SALN secrets too (www.philstar.com)

 

" MANILA, Philippines - Most of the 188 House members who signed the impeachment complaint against Chief Justice Renato Corona have refused to disclose their statement of assets, liabilities, and net worth (SALN) too, the Philippine Center for Investigative Journalism reported today.



This amid persistent calls of the prosecution panel that Corona must be impeached for refusing to disclose his SALN, noting it as one of the eight articles of impeachment.

In an article, PCIJ Executive Director Malou Mangahas said House accusers could well be accused of a similar omission, and culpable violation of the Constitution and anti-graft laws.



"Indeed, the PCIJ's records from 2006 to December 2011 reveal a sorry picture of rank non-disclosure of SALNs not just by Corona and all the justices of the high court since 1992, but also by the incumbent House members who have brought him to trial," she said."

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SC asked to stop Corona impeachment trial (INQUIRER.net)

"MANILA, Philippines - An urgent motion was filed Wednesday asking the Supreme Court to stop the impeachment trial of Chief Justice Renato Corona at the Senate.

In a three-page urgent motion, lawyers Homobono Adaza and Alan Paguia urged the high court to issue a temporary restraining order until their petition to declare as unconstitutional the articles of impeachment has been resolved.

"We are filing an urgent motion for Issuance of TRO to hold in abeyance the Senate impeachment trial until the petition [for declaration of unconstitutionality of the Articles of Impeachment] is resolved by the Supreme Court," the petitioners said."

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CA stops arrest of Abalos lawyer (INQUIRER.net )



"MANILA, Philippines-The Court of Appeals on Wednesday stopped the Pasay City Regional Trial Court from arresting the lawyer of former election chief Benjamin Abalos.



The appellate court said defense lawyer lawyer Brigido Dulay was merely performing his duty when he asked Judge Jesus Mupas to inhibit himself from the case over a bribery allegation hurled against him by Abalos.



"It appears that petitioner merely performed his duty towards his client and to the court, as well, by demonstrating the biases why his clients was praying for his inhibition," the appeals court said in an eight-page resolution.

The Court of Appeals 13th Division said that an initial review of the contents of the motion for inhibition filed by Abalos his lawyer "merely relayed to the court specific events which ultimately led Abalos to doubt the court's impartiality."



"We initially find that such action by petitioner (Dulay) is neither illegal nor contumacious per se as the same is consistent with the dictates of due process and is in fact allowed by the Rules of Court," it said."

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GMA, Romulo indicted for misuse of OWWA funds (ABS-CBN News)



"MANILA, Philippines (3rd UPDATE) - Former President and now Pampanga Rep. Gloria Macapagal Arroyo now faces another looming legal battle after the Department of Justice (DOJ) recommended the filing of technical malversation charges against her for alleged misuse of over P546 million in Overseas Workers Welfare Administration (OWWA) funds during her term.



In a 13-page resolution dated January 4, 2012 signed by Sr. Asst. State Prosecutors Theodore Villanueva, Lilian Doris Alejo, and Elizabeth Santos, and approved by Prosecutor General Claro Arellano, the DOJ said evidence presented by complainant, former Solicitor General Francisco Chavez, "support a finding of probable cause for the crime of technical malversation" againt Mrs. Arroyo, former Foreign Affairs Secretary Alberto Romulo, former Health Secretary and now Civil Service Commission (CSC) chairman Francisco Duque III, and former OWWA Administrator Virgilio Angelo.



Chavez filed a complaint for plunder and technical malversation against respondents plus 8 others in connection with the transfer of some P530.38 million in OWWA funds to the Philippine Health Insurance Corporation (PHIC/Philhealth) in February, 2004 -- 2 months prior to the May 2004 presidential elections where Mrs. Arroyo ran and subsequently won-- and for alleged questionable acquisitions by Philippine diplomatic posts in the Middle East and government's humanitarian assistance to Iraq amounting to hundreds of thousands of dollars."

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Senator wants gov't to draft indicators of FIlipinos' 'gross happiness' (INQUIRER.net)

 

"MANILA, Philippines - A senator wants the government to come up with new growth indicators that would measure Filipinos' "gross happiness."

Senator Loren Legarda noted that the quality of life of Filipinos remains poorly understood due to the absence of measures that would reflect the happiness and well-being of the people.

Legarda then filed Senate Resolution No. 672 "urging the National Economic Development Authority (NEDA) to develop new indicators that will reflect the happiness and well-being of Filipinos" by adopting the "gross national happiness" (GNH) concept of the  Royal Government of  Bhutan.

"Statistics such as gross domestic product (GDP) and gross national product (GNP), which only indicate the value of goods and services turned out by our market economy, are not designed to measure the quality of life of Filipinos," she said in a statement  on Wednesday."

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Stock market hits new high; peso gains (www.manilastandardtoday.com)




"STOCKS rose on Tuesday, driving the benchmark index to a record, on expectations of a rating upgrade on Philippine debt and speculation looser monetary policy and domestic demand will help shield the economy from a global slowdown.



The peso gained as signs Europe is taking steps to tackle its debt crisis boosted demand for emerging-market stocks. The local unit rose to 43.952 against the dollar at the noon trading break before closing at 44.01 compared with 44.11 on Monday. 



The Philippine Stock Exchange Index gained 0.4 percent to 4,561.08 at the close. The gauge is the world's fourth-best performer this year with a 4.3-percent advance, extending a two-year, 43- percent bull market.

First Metro Investments Corp. expects the equities market to perform better this year, with the index hitting the 5,000 level by the end of the year on the positive outlook on the economy.



"The Philippines has shown vigorous economic growth in the past couple of years, and the outlook for 2012 is very positive," company chairman Francisco Sebastian said."

 

 

 
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