Former Chief Justice Renato Corona on Wednesday posted bail at the Sandiganbayan where he is charged with 16 counts of misdeclaring his Statement of Assets, Liabilities and Net Worth (SALN).
Corona showed up at the Sandiganbayan with his wife, Cristina, to post a P160,000 bail.
His case was raffled to the court’s Third Division.
The Ombudsman, who filed the charges against Corona, presented documents to prove that he undervalued his net worth and real estate properties.
Government officials are required to fully disclose their SALN.
Bail was set at P10,000 for each count, or a total of P160,000.
The civil case against Corona and his wife still stands as forfeiture cases are non-bailable, and it will be tried by the Second Division headed by Associate Justice Teresita V. Diaz-Baldos with Associate Justices Napoleon E. Inoturan and Oscar C. Herrera Jr. as members.
The Ombudsman also wants P130 million worth of the couple’s assets frozen.
“With a combined income of just over 30 million from 2001 to 2010, respondents have been able to amass and accumulate assets worth more than P160 million for the same period,” the Ombudsman’s petition for the forfeiture of Corona assets read.
“The disparity between respondents’ incomes and wealth – more than P130 million – is too glaring to be capable of any acceptable explanation,” it added.
The only business interest declared in Corona’s SALN is Cristina’s share in Basa Guidote Enterprises.