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GenCorp

Latest headlines mentioning “GenCorp” · This Week

Latest Headlines

Politics

GenCorp payments raise conflict-of-interest questions for VP, witness

MANILA, Philippines — A defense witness’ corporate ties came under scrutiny at Vice President Sara Duterte’s impeachment trial on Wednesday, as the court examined whether the payments Duterte received from GenCorp Industries Inc. constituted conflict of interest since the company secured food supply contracts with the Davao City government. Lawyer Suzette Balucanag-Punay, GenCorp’s in-house counsel

Inquirer.net · 1d ago
Politics

Prosecution: Comparison of P2M GenCorp income of VP Sara to Cabrera report 'misplaced'

The defense team comparing GenCorp. Industries. Inc."s P2.14 million payout to Vice President Sara Duterte based on the said company"s books to the alleged P212 million undeclared income of the Vice President from GenCorp. Industries based on analysis of multiple financial records by Atty. Alex Cabrera is a misplaced comparison, the House prosecution team

GMA News Online · 2d ago
Politics

Witness admits questioning GenCorp payments to VP Duterte

MANILA, Philippines –  GenCorp Industries Inc. Corporate Counsel Suzette Balucanag-Punay admitted on Wednesday questioning the company’s payments to Vice President Sara Duterte worth P2 million from 2022 to 2025. Earlier, Balucanag-Punay herself testified that GenCorp had been disbursing money to the vice president as “returns” from a “loose investment” to Davao Bounty Times Food Corp.

Inquirer.net · 2d ago
Politics

Records show Sara Duterte-linked GenCorp had zero to 2 employees

MANILA, Philippines — The General Information Sheets (GIS) of Gencorp Industries Inc. tied to Vice President Sara Duterte indicated that it had no rank-and-file employees in 2025, according to Senator-judge Joel Villanueva.  In 2023 and 2024, the company only listed two rank-and-file employees, added Villanueva during the 42nd day of the impeachment trial of the vice president. “I

Inquirer.net · 2d ago
Politics

Raffy Tulfo: Witness not ready to explain VP Duterte’s GenCorp earnings

MANILA, Philippines — The witness was either “not ready” or “nagmamaang-maangan” (playing dumb) for failing to fully explain the P2 million allegedly received by Vice President Sara Duterte from GenCorp Industries Inc., Senator-judge Raffy Tulfo said on Wednesday. Tulfo made the remark during the Senate impeachment trial after defense witness and lawyer Suzette Balucanag-Punay revealed

Inquirer.net · 2d ago
Politics

Witness: VP got P2.14 million ‘return of capital’ from GenCorp

Vice President Sara Duterte received a total of P2.14 million as “return of capital” from 2022 to 2025 from GenCorp Industries Inc., a corporation tied to her and her husband, its legal counsel said at the resumption of her impeachment trial yesterday.

Philstar · 2d ago
Politics

Witness: SALN does not prove Sara Duterte’s ownership of GenCorp

MANILA, Philippines – Vice President Sara Duterte’s “unilateral declaration” that she was a stockholder of GenCorp Industries Inc. does not make her one, its counsel told the Senate impeachment court on Wednesday. Testifying for the defense in the impeachment trial of the vice president, Atty. Suzette Balucanag-Punay maintained that Duterte had no stakes in the

Inquirer.net · 2d ago