Cale88 Foods Corp. maintained two peso checking accounts with Security Bank, both of which were closed in July 2026, a bank executive testified during Vice President Sara Duterte’s impeachment trial on Wednesday.
Security Bank Branch Banking Group Head Leslie Cham said the two accounts were opened in August 2024 and October 2025, respectively.
Cham said the account ending in 2013 had an ending balance of ₱332,530.95 as of December 2025, while the account ending in 8581 had ₱21,164.27.
Both accounts were closed in July 2026, he said.
“Does Cale88 have a peso account with Security Bank?” Senator-judge Francis “Kiko” Pangilinan asked Cham.
“Cale88 has two checking accounts but [they were] closed already,” Cham replied.
Pangilinan then asked when the accounts were opened.
Cham said the first account was opened in August 2024, while the second was opened in October 2025.
“It closed in July 2026. The account [were] only opened [August 2024 and] October 2025,” Cham said.
Pangilinan questioned Cham about Cale88’s peso accounts after the witness said he could not disclose information about the company’s foreign-currency deposits.
The senator-judge said Cale88’s transactions were worth examining, noting that an Anti-Money Laundering Council report showed the company received ₱319.3 million in remittances.
During direct examination, private prosecutor James Bryan Ibrahim Alih asked whether Cale88, in which lawyer Manases “Mans” Carpio had an interest, maintained a foreign-currency account with Security Bank.
Cham said he could not confirm the information.
Senate President and senator-judge Sherwin “Win” Gatchalian then asked why Security Bank had reportedly filed multiple suspicious transaction reports involving Cale88.
Cham said he could not confirm whether the bank had filed such reports, citing legal advice that the information was protected by the confidentiality provisions of the Anti-Money Laundering Act.
Presiding Officer Francis “Chiz” Escudero confirmed that Cham was bound by the applicable confidentiality rules.
Carpio, the husband of Vice President Duterte, had earlier been identified as an incorporator, stockholder and board member of Cale88 Foods Corp.
The Anti-Money Laundering Council (AMLC) had also earlier flagged Cale88 over more than ₱319 million in foreign transfers from China.
