The chief of the Philippine agency recovering the alleged ill-gotten wealth of the late dictator Ferdinand Marcos and his family says a court decision ordering Marcos’ widow to relinquish more than $100,000 in jewelry is a victory for Filipinos and shows that crime does not pay.
By Jun Medina
Filipino American community leaders are vehemently blocking the sale of the luxury condominium unit owned by Jeane Napoles, daughter of alleged pork barrel scam mastermind Janet Lim-Napoles, at the high-rise Ritz Carlton on suspicion it was acquired with ill-gotten money.
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).
By Norman Bordadora
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.