The Supreme Court (SC) has acquitted then Davao del Norte 2nd District Rep. Antonio R. Floirendo Jr. as it reversed the 2020 Sandiganbayan’s decision that convicted the former legislator of graft. ManilaBulletin
The graft complaint against Floirendo Jr. was filed with the Office of the Ombudsman in 2017 by then House Speaker Pantaleon D. Alvarez.
During the trial at the Sandiganbayan, Floirendo Jr. was the only witness in his defense. Among other things, Floirendo Jr. told the court that he is not an incorporator of TADECO which was incorporated in 1950 before his birth; he owns about 0.
It pointed out that Floirendo Jr. should have divested his shareholdings in TADECO and in Anflo Management and Investment Corporation , a corporation owned by the Floirendos, which was engaged in investing and managing the operations of the Anflo Group of Companies, which included TADECO.
“For sheer lack of evidence to prove that Floirendo Jr. was financially interested in the 2003 JVA, the Sandiganbayan casually declared that Floirendo Jr. never denied his financial interest in the 2003 JVA. This is unfounded. “In the present case, the prosecution merely relied on the existence of Floirendo, Jr. 's shares in TADECO and ANFLOCOR as basis for Floirendo Jr.'s pecuniary interest.
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