• Sereno’s 2014 SALN silent on P37-M fees

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    Sereno

    Sereno

    Chief Justice Maria Lourdes Sereno failed to disclose P37 million in legal fees she earned as government researcher in arbitration cases heard overseas involving Ninoy Aquino International Airport 3 (NAIA 3).

    She did not declare these legal fees in her Statement of Assets, Liabilities and Net Worth (SALN) for 2014, according to an unimpeachable source of The Manila Times.

    Sereno, according to the source, collected P22 million from the arbitration case in Washington, D.C., between the Philippine government and the consortium Philippine International Air Terminals Co. Inc. (Piatco) and P15 million in the arbitration case in Singapore between the same parties.

    The P37 million that the Chief Justice received from the cases, The Manila Times source said, has not been reflected in her SALN since 2010, when she entered the Supreme Court as associate justice.

    She declared a net worth of only P17.9 million in 2010, P18.029 million in 2011, P18,143,04.01 in 2012, P19,012,648.21 in 2013 and P20,158, 513.35 in 2014.

    In Sereno’s latest SALN, she declared P8,973,500 in real property and P11,185,013.35 in personal property, for a total of P20,158,513.35.

    Also in her 2014 SALN, she declared P574,409.01 in liabilities.

    Sereno is married to Mario Jose Sereno and living in Antipolo City, Rizal.

    Also in her latest SALN, she did not specify if assets of her husband were included in the declaration.

    Sereno had stated in her Personal Data Sheet (PDS) that she became a legal counsel from 1994 to 2008 in “[v]arious government agencies of government–Office of the President, Office of the Solicitor General, Manila International Airport Authority, Department of Agriculture, Department of Trade and Industry, WTO-AFTA Commission, Philippine Coconut Authority.”

    Her PDS also stated, “[Nature of Work] Legal-various international trade and investment law disputes in WTO [Geneva], ICSID [Washington, D.C.], in ICC-ICA [Singapore, Paris] and in bilateral dispute resolution mechanism.”

    WTO is the World Trade Organization; ICSID, the International Center for Settlement of Investment Disputes; and ICC-ICA, the International Chamber of Commerce-International Court of Arbitration.

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    10 Comments

    1. PIGNOY knew about that from the very beginning, hence, her appointment so he could have control of the SC through her. This ABNOY is calculating bastard. You have all been fooled.

    2. Tuwid na daan shall apply to everybody. Congress has to start impeachment proceedings quickly in the same manner as Renato Corona to make the people believe that this government is serious on its governance. I hope Neil Tupaz had read this news.

    3. William Tubig Dungo on

      nasaan na ang three stooges Senator Trilianes, Sen Peminyel, Sen Cayatano para investiganaan ang chief justice of the supreme court for corruption. Bakit hindi niya dineklara sa SLN niya. mali iyon dapat natin ituwid and daan kagaya ang ginagawa natin kay VP Binay. Mukhang hindi parepareho ang nagiging patak nang ulan na binubohos nang adminitration. kung ganyan nagseselos ako. AH AH AH AH

    4. Not good if true. Its like mentioning the dirt on your friends face while not mentioning the dirt on yours.

    5. Baka naman she didn’t declare the P37M kasi by the end of the year, she had also spent all of it. Hehhe

    6. This non-declaration is much worse that what Renato Corona was alleged to do. So why will PNoy now initiate an impeachment proceedings for Lourdes Sereno?

      • You know the answer to that. NO, PresiNoynoy will NOT initiate impeachment actions against Sereno. Loyalty during votes has a price.

    7. Roldan Guerrero on

      Lourdes Sereno is a product of the PIGNOY`s intended constitutional violations. After 2016, we will see another Supreme Court Chief Justice in hot water.