P10M discount on property acquisition is like accepting a bribe

The prosecution panel has virtually accused Chief Justice Renato Corona of accepting a bribe when a P10 million discount has been given by Megaworld Corp., a developer of the property bought by the Coronas in Taguig City.

During his testimony at the impeachment court,Giovanni Ng, Megaworld Corp. finance director, said buyers of condo units are usually given 15 percent discount on short-term payments.

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