Ally to Testify Against Philippines' Estrada

February 3, 2001 - 0:0
MANILA A group of Philippine lawyers who had acted as prosecutors in president Joseph Estrada's aborted impeachment trial said they had uncovered evidence he had amassed 10 to 15 billion pesos ($204 million to $306 million) in assets during his brief time in power. The allegation emerged as the Department of Justice announced that a businessman and former adviser to Estrada had agreed to testify against the disgraced ex-president in a corruption and economic plunder case filed with the ombudsman. Attorney Eduardo de Los Angeles, speaking for the lawyers' group, said evidence against Estrada consisted mostly of bank documents. The lawyers did not show any document to back their accusation, which drew a swift denial from the Estrada family. "We have already uncovered about six fictitious names in different accounts in different banks," the lawyer told a news conference attended by other ex-prosecutors, all private lawyers. "I would think that it would be at least 10 to 15 billion pesos and we're not even talking of dollar accounts." "In almost all the banks, the president has either a numbered account or an account under an alias," he said. A complaint against Estrada alleging "unexplained wealth" will be filed with the ombudsman within a week, the lawyers said. The ombudsman, Aniano Desierto, is the chief prosecutor in cases involving government officials. He will examine the complaint to determine if there is a case to answer and if there is it will go to court. Estrada's son, Joseph Victor Ejercito, denied the allegations. "All kinds of dirt have been thrown at president Estrada and his family so this is not surprising. Most of the them are fabricated and baseless accusations," he told reporters. Estrada's Senate impeachment trial on corruption and bribery charges collapsed after the prosecutors walked out, accusing the court of suppressing evidence which would have helped their case. The controversy sparked nationwide protests calling for Estrada's resignation. The turmoil ended on January 20 when the Supreme Court stripped Estrada of his title and installed Vice President Gloria Macapagal as new president. Justice Secretary Hernando Perez said businessman mark Jimenez had agreed to testify against Estrada on the corruption and economic plunder charges which Estrada now faced before the ombudsman. The plunder charge carries the death penalty. Perez said Jimenez had expressed fear for his life and had been placed under the government's witness protection program. "His testimony will include documents. There's no escape here for former president Estrada," Perez said. Jimenez, Estrada's former adviser on Latin American affairs, is himself wanted by U.S. authorities for alleged campaign financing violations related to the 1996 U.S. presidential election and tax evasion. He has challenged before a Manila court Washington's request for his extradition. A court ruling is still pending. Estrada will make his first public appearance since his ouster when he addresses a meeting of supporters on Wednesday. Since he left the presidential palace, Estrada has secluded himself in his private residence in Manila's San Juan District. The former movie actor, who served less than half of his six-year term, has denied any wrongdoing and has said he would face any charges against him. Perez said Jimenez had given a statement to investigators supporting testimony at Estrada's impeachment trial that the former president was a part owner of BW Resource Corp., a gaming firm linked to a massive price manipulation scandal that rocked Manila's stock market in 1999. A witness testified at the Senate trial that Estrada had told him of making a fortune on bw shares. There was no testimony that the ex-president was involved in the alleged share price rigging. Estrada's ouster has sparked talk of a possible coup by disgruntled elements in the military. Defense officials dismissed the rumors, saying the new government was stable and had the solid backing of the military. (Reuter)