April 23, 2012
Source: AngKalayaan.com
Demetrio Vicente
By offering financial assistance to Demetrio Vicente so he could transfer in his name the 3,114 -square meter lot he purchased from Mrs.Cristina Corona, a private defense lawyer would seem to bolster the prosecution’s case that it was a simulated sale.
Questions were raised as to why after more than 20 years the property is still in the name of Mrs. Corona although Vicente claims he has in his possession the absolute deed of sale of the transaction. Vicente when cross examined said he didn’t have the P200,000 needed to transfer the property in his name.
Eyebrows were raised as the defense tried to prove the property was no longer the Coronas which was not declared in his SALN.
Some observers from the gallery also wondered why Vicente did not sell at least 500 square meters of the large tract of land to defray the cost of transfer. The 20 -year delay in the transfer of title to Vicente could only draw the conclusion that it still belonged to the Coronas and the sale was just simulated to conceal its true ownership. This is the contention of the prosecution that all along there was a conspiracy to conceal the chief justice’s assets and real worth.
The fact that Vicente actually lives on the property where he grows bonsai plants as a hobby does not preclude the assumption he was allowed to build a house and live there in exchange for his acquiescence to an apocryphal transaction.
Question is : Would Mrs. Corona allow the transfer of title to her husband’s cousin even if somebody advances the money and pay the P200,000 transfer fee? Only Cristina Corona can answer this vexing question if and when she decides to take the witness stand .
Demetrio now wants to sell the Marikina property and move to San Mateo where he said real estate taxes are lower. But to sell the property he bought from Mrs. Corona would require that he first tranfer the title to his name. If Vicente pushes through with the title transfer, it would mean Cris-tina Corona would really have to sign over the property that has remained in her name all these years. Will she or will there be another legal subterfuge?
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