Corona posts bail on tax evasion raps

By Ina Reformina, ABS-CBN News

Posted at Mar 06 2014 08:03 PM | Updated as of Mar 07 2014 09:43 AM

MANILA - Former Chief Justice Renato Corona posted bail last Tuesday on tax evasion charges filed by the Department of Justice and Bureau of Internal Revenue against him.

In a statement, Corona said he is a victim of the anomalies on the Priority Development Assistance Fund and the Disbursement Acceleration Program "that whetted the insatiable gluttony of many Senators and Congressmen for public funds."

"From the very start, I never had any illusions about getting fairness and justice from the DOJ [Department of Justice] whose head, Leila De Lima, testified so virulently against me during my sham, bribe-laden impeachment trial.

"Why am I now being persecuted? I have done no wrong. Earned our savings honestly for 45 yeas, filed my income tax returns and SALNs truthfully, paid all my taxes to the government and was never been once in my life ever been involved in any anomaly or illegal transaction. Our funds are our private funds honestly earned."

The DOJ filed a tax case against Corona before the Court of Tax Appeals. The case stems from a complaint filed by the BIR alleging that Corona failed to pay the right income tax for six years between 2000 and 2010 amounting to more than 120 million pesos.

The BIR filed the complaint last year based on information from Corona's impeachment trial in the Senate.

Corona argued that he did not fully declare his assets to the public because his peso accounts are co-mingled with his dollar deposits.

In its decision, however, the DOJ said Corona should explain his position before the tax court.