From the Philippine News Agency (Jun 25): Ex-AFP chief's unexplained wealth forfeited
The Sandiganbayan has granted the petition for forfeiture filed by the Office of the Ombudsman in 2005 against former Armed Forces chief of staff Gen. Lisandro Abadia and his wife.
In a 35-page ruling, the Sandiganbayan ordered the forfeiture of the Abadia couple's P11.26 million in unexplained wealth in favor of the State.
In the ruling penned by Associate Justice Alex Quiroz, the Sandiganbayan found out Abadia's statements of assets, liabilities and net worth rose from P3.77 million in 1991 to P6.476 million in 1992 and to P13.61 million in 1993, which discrepancies he failed to convincingly explain before the court.
The Sandiganbayan and the Ombudsman presented enough evidence to prove the former general's assets were questionable and unlawfully acquired, as defined under Republic Act No. 1379.
The ruling added the declared wealth of the Abadias in his 1993 SALN could not tone with his disposable income, making the "P11.26 million as unexplained wealth."
"[U]sing the net worth analysis employed by the Office of the Ombudsman, Gen. Abadia's collective net worth from 1986 to 1993 amounting to P2,632,170.94, minus his family expenses from 1987 to 1993 amounting to P2,769,046.95, yields a negative P136,876.01," the ruling said.
"The computed net worth of P2,348,123.99, subtracted from the net worth of Gen. Abadia [a four-star general] as declared in his SALN for 1993 (P13,611,000.00), yields P11,262,876.01 as unexplained wealth," it added.
Abadia, who started his military service in 1958 and retired in 1994, served as AFP chief of staff from 1991 to 1994.
http://www.pna.gov.ph/index.php?idn=&sid=&nid=&rid=537863
The Sandiganbayan has granted the petition for forfeiture filed by the Office of the Ombudsman in 2005 against former Armed Forces chief of staff Gen. Lisandro Abadia and his wife.
In a 35-page ruling, the Sandiganbayan ordered the forfeiture of the Abadia couple's P11.26 million in unexplained wealth in favor of the State.
In the ruling penned by Associate Justice Alex Quiroz, the Sandiganbayan found out Abadia's statements of assets, liabilities and net worth rose from P3.77 million in 1991 to P6.476 million in 1992 and to P13.61 million in 1993, which discrepancies he failed to convincingly explain before the court.
The Sandiganbayan and the Ombudsman presented enough evidence to prove the former general's assets were questionable and unlawfully acquired, as defined under Republic Act No. 1379.
The ruling added the declared wealth of the Abadias in his 1993 SALN could not tone with his disposable income, making the "P11.26 million as unexplained wealth."
"[U]sing the net worth analysis employed by the Office of the Ombudsman, Gen. Abadia's collective net worth from 1986 to 1993 amounting to P2,632,170.94, minus his family expenses from 1987 to 1993 amounting to P2,769,046.95, yields a negative P136,876.01," the ruling said.
"The computed net worth of P2,348,123.99, subtracted from the net worth of Gen. Abadia [a four-star general] as declared in his SALN for 1993 (P13,611,000.00), yields P11,262,876.01 as unexplained wealth," it added.
Abadia, who started his military service in 1958 and retired in 1994, served as AFP chief of staff from 1991 to 1994.
http://www.pna.gov.ph/index.php?idn=&sid=&nid=&rid=537863