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Cale88's workforce, financial records draw scrutiny in impeachment trial

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Cale88's workforce, financial records draw scrutiny in impeachment trial
✦AI Summary

Philippine senators are investigating financial discrepancies at Cale88 Foods Corporation, a company linked to the husband of Vice President Sara Duterte. Lawmakers questioned how the firm reported high sales with only two employees and raised concerns regarding suspicious foreign remittances.

Why it matters

The investigation highlights potential corruption and money laundering risks involving high-ranking political figures in the Philippines.

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VEEP. Vice President Sara Duterte is shown in this file photo.

Senator-judges scrutinized Cale88 Foods Corporation's financial records during Vice President Sara Duterte's impeachment trial, noting discrepancies between reported sales and employee count. Senator Risa Hontiveros also raised issues regarding foreign remittances to Cale88 from Ukrainian company Arkmen LLC, which is under investigation for alleged fraud and money laundering. This is AI-generated.

MANILA, Philippines – Senator-judges on Friday, October 9, scrutinized the financial records and workforce of Cale88 Foods Corporation, a company linked to Vice President Sara Duterte ‘s husband, Manases Carpio.

On Day 37 of Duterte’s impeachment trial, Senator-judge Joel Villanueva raised concerns over Cale88’s 2024 general information sheet, which listed only two employees despite the company reporting P150.6 million in sales and P6.13 million in losses.

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