The Presidential Commission on Good Government (PCGG), the agency tasked to hunt and recover the Marcos ill-gotten assets, only learned of the alleged offshore trust of Ilocos Gov. Imee Marcos Manotoc and her sons in the British Virgin Islands (BVI) from the report of the Philippine Center for Investigative Journalism (PCIJ).
Hundreds of lawmakers from 67 countries on Saturday signed in Manila a binding declaration to enact laws against graft, particularly for the recovery of ill-gotten wealth, and to enable the international community to prosecute the corrupt.
While ill-gotten-wealth cases against the Marcoses and their cronies have been languishing in Philippine courts the past 26 years, a case involving part of the Marcos loot in the United States should be resolved within the year.
Victims of human rights violations during the Marcos dictatorship have scored a victory in their long quest to get compensation from the Marcos estate.
Lawyers of the Marcos human rights victims are blaming the Aquino government for the dismissal by a New York court of their claim on a $35-million chunk of the ill-gotten assets of the late dictator Ferdinand Marcos.
The $35-million claim against the alleged ill-gotten wealth of the late dictator Ferdinand Marcos and his family stemmed from an original $2 million deposited with Merrill, Lynch, Pierce, Fenner & Smith in New York by Arelma Foundation, a dummy Panamanian corporation formed by the Marcoses in 1972.
New York courts have dismissed the claim by victims of Philippine dictator Ferdinand Marcos for more than $35 million from a US brokerage account, citing the competing claim by the Philippine government upheld by its own highest court.
Ilocos Norte Rep. and former First Lady Imelda Marcos has sought the Sandiganbayan’s permission to fly to China where she had been invited to speak before a group of women.
