The Office of the Ombudsman asked the Sandiganbayan First Division to declare former Armed Forces of the Philippines Chief of Staff Lisandro Abadia guilty of perjury for misrepresenting his 1992 statement of assets, liabilities, and net worth (SALN) to mask a P2.55-million rise in the value of his properties.
In 1992, his SALN declared P2,550,000 as "proceeds from the sale of realy property" identified in and covered by Transfer Certificate of Title (TCT) No. 2264, registered in the Cebu Province Registry of Deeds in the names of "Spouses Lisandro C. Abadia and Violeta C. Abadia" but... here's the but... remained in registry until 25 June 2006, 14 years later. The new land title issued thereafter, based on the sale signed between the Abadias and spouses Emilio C. Rafots Sr. and Erlinda M. Rafols, which turned out to be signed on 30 September 2002, 10 years after Abadia declared it as sold. And more than these, the property's official value only appeared as P200,000 in his 1992 SALN, covering P2.35 million in hidden income or cash assets. [Read more.]
Sources
_____: "Ex-AFP chief faces perjury conviction over SALN," ABS-CBN News.com 21 February 2011
