Crime does not pay for Marcoses
by FFE PH News Staff
The commission assigned to retrieve the ill-gotten wealth of late dictator Ferdinand Marcos and his family reported that Imelda Marcos is now facing a court order forcing her to surrender more than $100,000 in jewelry.
After declaring a batch of jewelry as ill-gotten wealth, the anti-graft court ruled on Monday that former first lady Imelda Marcos must give up the said collection to the government. Chair of the Presidential Commission on Good Government (PCGG) Andres Bautista said that the court order is a victory for the Filipino people and showed that crime does not pay.
The commission is eyeing an exhibition of the said jewelry to show the excesses of the Marcos regime, which ended in 1986 after a 20-year rule.
This is the third collection of jewelry the government has seized from the family. The two other collections were estimated to be worth $8.4m.