MANILA - Citing his advanced age and lack of financial capability, former Presidential Commission on Good Government Chair Camilo Sabio asked for the reduction of his bail after his conviction by the Sandiganbayan 1st Division.
While he was sentenced by the court to a minimum of six and maximum of ten years for each of the two graft cases, 81-year old Sabio is out on bail as he will still file an appeal to overturn the ruling.
"By reason of his lack of financial capability at the moment, Accused-Movant Camilo Sabio is unable to give the necessary bail fixed by the Honorable Court after promulgation," Sabio said in his motion for provisional reduction of bail.
He noted that in 2011, he was able to deposit a P60,000 bail bond but he is now unable to come up with P60,000 more as he is still in the process of selling his land to cover the balance.
Sabio also mentioned his 50 years in public service in various capacities starting out as a constitutional convention delegate.
He also mentioned in his motion that he was 1957 class valedictorian of Xavier Univesity-Ateneo de Cagayan and 1961 class valedictorian of the Ateneo School of Law. He also said he will be turning 82 years old and can only stand and walk with the assistance of his wife, Marlene.
Sabio was found guilty of entering into vehicle lease contracts with United Coconut Planters Bank Finance and Leasing Corporation without going through public bidding in 2007 and 2009. He reiterated his innoncence in a media interview after the promulgation of the decision last June 22.