Thursday, June 13, 2013

Court forfeits Abadia's P11.26-M properties, cash

From Rappler (Jun 13): Court forfeits Abadia's P11.26-M properties, cash

The Sandiganbayan has ordered the forfeiture of P11.26-M worth of cash and properties of retired Armed Forces chief of staff Lisandro Abadia and his wife.

In a 35-page decision released on Thursday, June 13, the anti-graft court's 3rd division ruled in favor of the Office of the Ombudsman, which accused Abadia of amassing ill-gotten wealth during his term as chief of staff.

In 2005, then Special Prosecutor Dennis Villa-Ignacio filed a forfeiture petition against Abadia, who served as chief of staff from 1991, under then President Corazon Aquino, until 1994, under then President Fidel Ramos.

The Ombudsman said Abadia, a retired four-star general, failed to explain the income that he declared in his Statement of Assets, Liabilities and Net Worth. The Ombudsman estimated that Abadia's unexplained wealth amounted to more than P11 million.

The court verdict against Abadia and wife was penned by Sandiganbayan Associate Justice Alex Quiroz. Presiding Justice Francisco Villaruz Jr and Associate Justice Samuel Martires concurred.

http://www.rappler.com/nation/31240-court-forfeits-abadia-cash-properties

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