Politics · Philippines Bureau
SEC finds no evidence VP Duterte divested business interests
A Securities and Exchange Commission official testified Monday that the agency has no record of Vice President Sara Duterte transferring ownership of her businesses to other parties. The testimony came during the 27th day of proceedings in Duterte's impeachment trial.
LSN Philippines ·
An SEC representative appearing before the Senate impeachment court stated that the commission has not received documentation showing Vice President Sara Duterte divested herself of business interests, according to testimony presented Monday.
The prosecution team introduced SEC Company Registration records as evidence during the high-profile trial, which has now extended to its 27th day of hearings. The SEC official's account suggests no formal transfer of ownership involving businesses associated with the Vice President has been filed with the regulatory body.
The testimony represents part of the broader impeachment case against Duterte, who has faced mounting political pressure in recent months. The absence of divestment records could carry significant implications regarding questions about her business dealings and potential conflicts of interest.
The trial continues to draw intense scrutiny from lawmakers and the public, with each day of proceedings producing fresh testimony and evidence related to the charges brought against the Vice President.