The President's Son Shaking in His Boots

For the latest Philippine news stories and videos, visit GMANews.TV

Dear Mikey,

A few things.

You're making your lawyers do an accountant's job. The SALN is, yes, a statutory requirement, but it is, first and foremost, a form of financial report. I do not see the logic there to have your lawyers do it. Unless you are more concerned with circumventing the law than issuing an accurate SALN.

You're pulling my leg. The corporation that you claim you have a 40% or so interest therein owns the California mansion. You figure that such a corporation is engaged in real estate. In short, assuming that what you're saying is legit, the mansion is part of the corporation's inventory (held for sale), and yet, it is used by the shareholders as a residence whenever they are in California. Such shareholders, you say, are relatives. Such reporting of shareholdings rather than real property on your SALN, you say, is justifiable. Such method of putting real property under the name of a corporation, you say, is legal. Because the corporation is separate and distinct from its stockholders? Eh, Mikey, have you heard of the doctrine of piercing the veil of corporate fiction? A corporation shall be denied from the use of such a corporate privilege if and when it is used "as a shield to further an end subversive of justice". Kakaaral ko lang 'yan. I can't get it wrong.

You must be kidding us. You want us to bring you to court just so we could prove that such irregularities in your SALN are, in fact, a direct product of corruption? Ha? Do we need a court to find out if dogs bark?

Ang obvious mo lang, 'te. Tigilan mo na kami. Namimihasa na ang pamilya niyo. Boo.

xtin