Court orders Imelda to pay back P12M taken from NFA | Inquirer News

Court orders Imelda to pay back P12M taken from NFA

/ 02:40 AM April 11, 2011

MANILA, Philippines—The Sandiganbayan’s fifth division has ordered former first lady Imelda Marcos to pay back the government P12 million illegally taken from the National Food Authority (NFA).

A two-page writ of execution was issued against the widow of the late dictator Ferdinand Marcos last week to be implemented by Sandiganbayan Sheriff Edgardo Urieta.

The antigraft court said the widow, who is now serving as a representative of Ilocos Norte, should pay the amount within 30 days from the receipt of the order.

ADVERTISEMENT

The P12 million included P10 million in rebates issued by Philippine National Lines, the NFA’s shipping company, and deposited in a private account in 1983, and P2 million for moral damages and litigation costs.

FEATURED STORIES

The writ came seven months after the Sandiganbayan found the Marcoses guilty of diverting NFA funds.

The antigraft court said then President Marcos had verbally instructed NFA Administrator Jesus Tanchanco to withdraw the funds. Tanchanco testified that he delivered the funds to the Security Bank office in Makati.

If Imelda Marcos could not settle the amount, the court said she should provide a list of properties and assets to cover it. Kristine L. Alave

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Food, Government, Judiciary

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.