PCGG: Hunt for Marcos loot to end

‘Widow, children back in power; cost of pursuit prohibitive’

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The Philippine government is to wind down a near-30-year hunt for the embezzled wealth of late dictator Ferdinand Marcos, with more than half the supposed $10-billion fortune still missing, the man in charge of the search said.

With Marcos’ widow and children back in positions of political power, and the government tightening its belt, the cost of the pursuit has become prohibitive, said Andres Bautista, head of the Presidential Commission on Good Government (PCGG).

The PCGG chair said he had recommended to President Aquino that the commission wind down its operations and transfer its work to the justice department.

If Mr. Aquino agrees he would have to get Congress to pass a law abolishing the agency.

“It has become a law of diminishing returns at this point,” Bautista said in an interview at the commission’s offices, a rundown building where Marcos’ oldest daughter Imee used to hold office.

“It’s been 26 years and people you are after are back in power. At some point, you just have to say, ‘We’ve done our best,’ and that’s that. It is really difficult.

“In order now to be able to get these monies back, you need to spend a lot,” the PCGG chair said.

Bautista, 48, left a high-paying corporate job two years ago to answer a call to help the administration of Mr. Aquino, who promised to end corruption and uplift the lives of millions of poor Filipinos.

He and like-minded young lawyers who joined the agency soon found out that reforming the underfunded commission—itself prone to corruption—while at the same time going after powerful people, was no easy task.

Despite numerous criminal and civil cases filed against them, none of the Marcos heirs or their cronies, who have been accused of plundering government coffers, have so far been successfully prosecuted, while high-powered lawyers have been used to tie up the judicial process for years on end.

Missing evidence

Long-term chronic mishandling of the PCGG led to an unmanageable paper trail and evidence went missing that led to bitter losses in litigation, Bautista said.

“These accusations (against the commission officials) are not without basis. They were the ones in charge of guarding the chicken coop and some of them helped themselves to the eggs,” he said, refusing to name names.

The President’s late mother and democracy icon, Corazon Aquino, replaced Marcos after a bloodless people power revolt ended his 20-year regime in 1986 and sent him and his family into US exile.

Cory’s priority

She made it her first priority to create the commission, tasked with recovering all of Marcos’ wealth. Conservative estimates put the worth of assets and funds looted from government coffers at $10 billion.

But before she left office she allowed Marcos’ flamboyant widow, Imelda—known for her thousands of pairs of shoes—and their son and two daughters to return home.

And over the past two decades the Marcoses have regained and consolidated their political base.

 

Still a lot of mystery

Marcos’ son and namesake, Ferdinand “Bongbong” Marcos Jr., is a senator who has hinted at contesting the presidency in the 2016 elections.

Imelda is expected to run for a second term in the House of Representatives in May, while her daughter Imee, governor of the family’s Ilocos Norte provincial bailiwick, is also widely thought to want a second term.

“There is still a lot of mystery surrounding the fabled wealth, and my sense is there is still much more out there,” Bautista said.

“Our problem now is that everyone is back in power. That does not in any way make our job any simpler.”

P164B recovered

Since its creation, the agency has recovered P164 billion (about $4 billion), some invested in prime New York real estate, jewelry, and about $600 million stashed in secret numbered Swiss bank accounts.

The jewelry, including a 150-carat giant Burmese ruby and diamond tiara, is locked in a vault at the Bangko Sentral ng Pilipinas, and at one point the international auction house Christie’s estimated it could fetch up to $8.5 million.

More recently Bautista worked closely with the New York district attorney’s office to charge a former personal secretary of Imelda and two others over a conspiracy to sell a Monet painting that had been bought by the family.

Marcos, an astute art buyer, distributed the priceless collection of at least 300 artworks to cronies when his regime was about to crumble. Only half have been recovered so far and the rest are missing, Bautista said.

 

Lonely job

“They (the Marcos family) have the resources to go head-to-head with us in respect to litigation. Why do you think forfeiture cases are still languishing 26 years after?” Bautista said.

The agency’s annual budget of less than P100 million was only enough to pay its staff of about 200, many of them young lawyers who turned down high-paying jobs elsewhere, he added.

“It’s a lonely job. It doesn’t win you any friends,” Bautista said.

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  • jdelacruz13

    dog and pony show … PCGG ( another corrupt agency !!! ) .

  • catmanjohn

    As long as the likes of Enrile, Estrada, Marcos, and Arroyos still sit in the Senate, it is far from likely that any substantial headway will be made in recovering the Marcos loot, at least for now.

    But, if there is a WILL, there is a WAY. Unless the voting machines are rigged again to favor these corrupt bunch, hopefully the next round of elections will balance the Senate and the House with more people who are concerned about the Nation’s welfare first, and not their clans and cronies. This kind of injustice will breed the hate and anger that fuels the growth of the NPA. The Marcoses should be glad that the NPA has not found a leader with a vision and guts to gain the popular support of the people by kidnapping one of their corrupt kinds and have them return the loot as ransom.  

  • http://pulse.yahoo.com/_HURHTRIVVZLV2NZWFGQHNDGPKY isaac

    Bravo, how courageous this man to admit a losing battle. He is so honest and up-front, at last we have a man of this high standard.   

  • Felipe Torres

    PCGG – bugok ang simula, bugok ang bunga.

  • WTFMFP

    If you can’t defeat them (Marcoses-Enriles-Estradas-Arroyos-Garcias-Ampatuans-Satans-Lucifers), then might as well join the fun and have more friends…right?  NPA justice?  Forget it…they are just the front-line occupying force of communist China.

  • http://pulse.yahoo.com/_C5RLWOY26ACBYCLHUEEJQ2ADVQ K Fun

    Kaawa-awang Pilipinas kong mahal.  Ninakawan na—nandyan pa sa Gobyerno mga asawa’t anak ng mga magnanakaw.  Wala na ba talaga tayong magagawa?

    • manual47

      And guess who’s to blame for that…….

      • http://pulse.yahoo.com/_H4PIIBVQK4BSXMIKFRWWAAQAUY Heartrob ng Pugad Baboy

        Justice system?

  • JV Velarde

    Marcos lawyers had been riding on those multi billion dollar loot by the tune of billion pesos for the longest time… to counter this, it’s about time the government use same dose of medicine by hiring a team of high caliber private lawyers(international & local) & give them a 40 to 60% share on any recovered loot, on a set time frame of deliverables. 

    Don’t beg congress to support the PCGG anymore, have them abolish it instead & replace with a new law that will allow the president to provide support or logistics specifically in recovering the Marcos loot & jailing them for all the injustices they’ve done to the country. These law should allow the president to share as much as 40-60% of the billions recovered to any enterprising high caliber private legal team. The details of the law should specifically spell out that no settlement with the Marcose’s should be dealt with.

    I have high hopes PNoy can still salvage whatever is left of the Marcos loot. As president, he can invite former CJ’s like Davide, Puno & Panganiban, call on high caliber lawyers of the land, bring top international prosecutors to the country specially those from the US & Switzerland then engage them to help lay the framework for recovering those billion dollar loot. Call it spade with a spade, a 40-60% bounty will overturn events & return back to the government the favor of calling the shots in these decades old pursuit of the Marcos billions in addition to having the Marcose’s serve jail time.

    With still 3 years in his hand, PNoy can still utilize the resources of the government to provide support to any team that can do the job.

  • aristeosj

    Pathetic.will this be the description of Philippines
    forever?will it ever get out of the deep mess created
    by selfish and greedy people?

  • AmpJr

    Money talks and high paid lawyers can do wonders….Everybody knows that Marcos and the Marcos family have a lot of ill gotten wealth..but pakapalan na lang ng mukha..but they are still elected officials of the province of Ilocos Norte…somebody is not doing his homework…Too many lawyers who i presumed are being paid to hide the wealth…maybe including the government lawyers who are supposed to find them…

  • $14745135

    If Marcos can get more than half (net gain) of the loot , then it is worth doing it for many of the politicians whose hands are still holding the treasures (including GMA).

  • Touch_Me_, Nuts!

    Despite Mr. Aquino’s call for national unity, his consistent actions from the past until now make us all believe that peace and goodwill for mankind is no closer to reality.  Like his fabled mother, Mr. Aquino was never trained early on to be a gatherer; his tongue and his mind scatters.  Out of frustration, the PCGG is now being proposed to be jettisoned, and rightly so since. Mdme Cory unwittingly created this agency as a “cash-crop venture” for her cronies and fawning followers. As in the wet market business, all is on cash basis and no receipts.  Now go figure. hehehe

  • WAJ

    1) By monitoring the following and: Checking/Savings in local banks, International banks money transfer, stocks/shares, Local and International business partnership, Fictitious business company, and Cash Flow. Get all facts and figures and the right people who are involve(d) as a witness.
    2) Hired trusted experience people to search and investigate. Agents must have a recognizable and proper Philippine Government identification. Willing to travel abroad. Provide considerable budget for the operation.
    3) “NO OUTSIDER(s),  Must be a low profile investigative operation and only report to (no other than)  DOJ Secretary and the President. Reports are exclusive and “Top Secret”.  

  • nti_boohaya

    Prime example of “money talks, bullshit walks.”   The folks like Cojuancos, Aquinos, Enriles, Marcoses, Estradas, Angaras, Cayetanos, Binays, Singsons, Arroyos, Pinedas, Espinos and many others like them are not only walking, they are running the country!  Where do they get their money to do the talking?  Your guess is as good as mine. 

  • Mike_1974

    If Haydee Yorac is alive, she wont let this happen!!! Poor Filipinos!!

  • ThudOthwacker

    30 long years enjoying the fruits of illegal sequestrations. A lot of people will cry  buckets of tears in the coming months. 

    Let’s face the truth here. PCGG is the brainchild of Jovito Salongga. The confused fellow, who still insist that Marcos planned the Plaza Miranda bombing. Despite evidential facts showed otherwise.

    It should have not last more than a year. If the pure intention was to uncover and recover illegal wealth. But instead it was turned into a propaganda machine of faux nationalists. Sowing black propaganda one after another. While the key figures enjoying their directorships on sequestered blue chips shares. Philcomsat was ran down to the ground courtesy of PCGG’s geniuses.

    And who will forget the late Consumision Ricardo Abcede. Gloria’s top dogs among her herds of blind loyal sycophants. Who insisted in auctioning Imelda’s jewelries to augment the deficit in the budgetary. Wow! From sleuth to economist, unbelievable!

    In short, there is nothing “good” and “government” in PCGG. Only hoards of Philippine cabals “grabbing” and “getting”!

    • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

      “Let’s face the truth here. PCGG is the brainchild of Jovito Salongga. The confused fellow, who still insist that Marcos planned the Plaza Miranda bombing. Despite evidential facts showed otherwise.”
      He was enlightened, he already knows who was the brain of the bombing and it was not Marcos….

  • http://pulse.yahoo.com/_OHOD5EA75DBBUH53UKLRXRK764 Mang Teban

    The problem is not with the PCGG. The problem is with the power behind the PCGG.
    All presidents, past and present, know what is keeping the PCGG from gathering all evidence and filing the appropriate criminal cases in court.
    All of the PCGG commissioners, past and present, know the futility of their action plans if the sitting president does not give his or her full attention.
    The present sitting president has the shortest patience among the other presidents starting from his mother. All he wants is fast action so people will remember him to be working.

    But, at what price?

    The dictator has died and made his family very, very rich. The dictator and his wife, Imelda Marcos, and children and cronies deserve multiple life sentences, if not death penalty had it not been abolished.

    To abolish the PCGG is to say goodbye to justice.
    To abolish the PCGG is to lose the opportunity to have the funds for projects for the poor. (Well, this does not seem to sink in into the priority list of the president- real, genuine concern for the poor.)
    To abolish the PCGG is to save P-Noy the embarrassment that his own mother thought that the work would take long but the waiting was all worth it. She would not have guessed that her own son will soon end the only piece of legislation that had the Marcos family put on trial…until her successors succumbed to the lure of Marcos stolen money.

    What should stop the president to crack down on the Marcos widow and children for failure to declare accurate SALNs and let the Office of the Ombudsman make a verdict that will make them go to jail and lose their right to run for public office? Is the “fabled” Marcos stolen money making its way into the legendary “hindi corrupt na pangulo”? Ewan….baka. Ano sa palagay ninyo? Hala, dali, depensa kay P-Noy, 

    • Twister12

      Only if we put a dictator in our country all you’ve been whining about will happen & totally wipe out these vermin’s in our society. But in a democracy type of government that we have of course not. But you know that already don’t you. So what’s the catch? Just want to show some literary skills or just have nothing to do but bark.

      • http://pulse.yahoo.com/_OHOD5EA75DBBUH53UKLRXRK764 Mang Teban

        Twister12:
        You don’t know what’s on my mind. I think though that your own bark has no bite at all. Is this what you call your “some literary skills”?
        Even a dictator like Marcos cannot stop corruption. On the contrary, he tolerated it. So, your idea of a dictator to get rid of thieves is completely insane.
        To be a showoff and a president (not exactly pointing to this present one sitting on the throne in Malacanang) who runs after “thieves”, chances are, he will become a thief himself when no one else will dare to steal and his power consumes him.
        How about that? Does this give you more teeth to concur with this? 

      • Twister12

        I’m not claiming anything nor I am claiming that I know everything (like you) just saying it plainly LOL. The whole point of your argument is putting the blame to the current President (ist post) & twisting it it by saying “not exactly the present sitting in the throne in Malacanang” (post 2). So what is it ba talaga? If both a dictator or a democratic government can not rid of corruption may you share with us your “great mind” what should be done instead of playing words & blame everybody except yourself. I have 1 more idea, how about dropping a nuclear bomb will it do to wipe them all? If you can not share anything to make the country progress but blames then better say nothing at all. Why don’t you give this government a chance? If you can accommodate all the past corrupt administrations why not this one who is at least doing something? But if you have some hidden agenda then of course your barking’s will never stop.

  • TinimbangNgunitKulang

    Kasalanan ni Cory at Ramos yan. She was heading a revolutionary government when Marcos was booted out. She should have lined up those family members Marcos and his cronies left behind in front of the firing squad and told them that if they do not return what they stole, these relatives will be shot. Ramos should also have thrown Imelda, her children and cronies in jail when they returned until they cough up those billions.

    • manual47

      Bingo……you hit the nail right to the head.  That was my point on my earlier comments.  No guts, no glory for those fools who thought they have done good for the country by merely getting rid of bad apples.  They should have gone all the way.  And look at the remnants of that regime……still roaming the political landscape in the country.  What a shamble…….

  • ruben_bush

    ganun lang pala…. tie them down with legal technicalities, delaying tactics, etc…..lulusot ka rin. GMA and FG can do that too.  Tapos lusot nanaman ang mga magnanakaw!!!!  Kawawang Pilipinas….. I don’t like a revolution but when things like this happen, i wish for a revolution that will line up these people to the wall and just shoot them!!!  

  • josefe38

    ANO PANG HAHABULIN NA PANAHON PALANG NI CORY PINAGPYESTAHAN NA YAN.

    • mynnyx

      tama ka josefe…….ang nakinabang diyan eh yong din mga PCGG………….hahahahahahah………

      • joshua kings

        korek ka dtan…
        sila sa pcg ay pagaagawan yung mga pwesto sa board ng mga sequestered companies tapos magtatamasa sa mga milyung=milyung director’s allowances from these companies themselves; tapos, yung mga sa loob, na bata ng mga magnanakaw na yan, ay patuloy ang pagkorap sa kanila sa pamamagitan ng suhol, travel junkets with their families, expensive gifts, etc…..
        sila-sila nagkprapsyonan…ang kapalit, nangawala mga ebidensya atbp mga papeles na mahalaga sa prosekusyon…
        mga hangal! di naman nila madadala sa impyerno yang mga nakaw na yaman nayan.

  • boybakal

    Marcos billions are all bloated and exaggeration.
    More on myth and fiction.
    There might be some but not as we imagined to be…too big to be true, unimaginable.
    Maybe there are really none, all bad publicity…why, in this age of high tech, they can use hackers and spammers to look into the account.
    Well, better surrender…for there is nothing to fight anymore.

    • INQ_reader

      USD5B is no peanuts.

  • mynnyx

    sino ang nakinabang sa mga marcos na yaman..eh di yong mga PCGG rin…..hahahahahaha………

  • Pedro_Gil

    These PCGG lawyers should all resign and should not be given any position in government. It looks like their monkey business is no longer lucrative since they can no longer suck from the Marcoses nor their minions.  What we need is the likeness of Elliot Ness who never gave excuses and never give up! You people stink like sh..t!!!

    • joshua kings

      yung mga lawyers na yan na tinutukoy mo ay huli na; puro latak na lang ang natira sa kanila;;; tanungin mo man si sabio.

  • D_BystandeR

    In hindsight, the honest decision of the President’s mother, President Cory, to allow the re-entry of the Marcos family from their exile in Hawaii due to her “in-born” kindness before she left office, has proven detrimental to the goals of the PCGG she established and these facts were known after two decades of PCGG’s existence. The family’s re-entry to our country with all their rights restored to them complete, has given them the unabridged power to go back into the political mainstream and muster enough power with their “unbridled wealth”at the disposal within their finger tips to manage a “well-funded” defense team that defeated the heroic goal of the government to recover the “ill-gotten” wealth. Out of the estimated $10B ill-gotten wealth only about $4B or P164M is recovered. And this is not the only problem, as pointed out by PCGG Head Andres Bautista, 48, it is also the entry into the Commission by some people with dubious orientation, loyalty and motivation, that complicated the attainment of the commission’s objective. He noticed the loss of some important paper trail that serves as evidence for the successful pursuit of targeted victory in some cases that only turned out to end up a devastating loss to the government because of lack of supporting evidence. He could not cite their names but it’s easy for us to make our guess that anybody in the previous PCGG has dipped his dirty fingers into the “important files” and no doubt “made money” with it. Maybe a random check with the corresponding “lifestyles” of those previously identified with the PCGG could give us some “interesting clues” why PCGG was not able to successfully accomplish its much needed task of recovering Marcos ill-gotten wealth. 

  • indiots

    mahirap mag hunt ng wala kang ha-hunting-ngin. lahat ng sinasabi ng mga opposition noong araw kahit unverified ipini-feed sa publiko.

     kaya nga nagalsa ang mga tao dahil ang sabi nila si marcos ang nagpapatay kay sen. aquino. napatunayan ba? kaya yang mga aligasyon 10 billion dollars malabo yan.. hanggan nga ngayon pinakikinabangan ang mga naging project ni marcos.

    tanungin n’yo yong fabricator ng mga ebedensya noong araw, na nameke din ng mga dokumento laban kay FPJ…

  • tagahuron

    The head of PCGG has been in cahoots with the Marcoses all this time. How much was his cut?

  • tagahuron

    I remember years ago, a person I knew saw the head of the PCGG dancing with Imelda during one of the occasions where they were having parties. He said this alone will prove that nothing will happen with the PCGG’s mandate to get the assets that the Marcoses had stolen from the Filipino people. These people are either bribed or just one and the same corrupt officials pretending to be doing their job.

  • eirons1043

    As I have mentioned before the Marcos loot was obtained in a Martial Law scenario where all legalities were set aside or were cooked by the Fernando Supreme Court and amazingly continued by the majority of sitting Supreme Court Justices up to now.  Even the great Claudio Teehankee was no match to the majority whose decisions favors Imelda and her children. To get it back a Martial Law scenario is also needed so that the Rules of Court which is crafted to favor the rich litigants and all Lawyers will not apply. Or Noy must create a special commando force to kidnap ala Abu Sayaff  first Estelito Mendoza for him to spill the beans on how he was able to “convince” the supreme court justices to look the other way on PCGG cases and also to point the cronies holding the other Marcos Loot here and abroad and that’s the only way.  It is also sad to mention that the revered  and astute Jovito Salonga (the first PCGG Commissioner)  wittingly let the Marcoses do their thing by conveniently  “loosing” vital documents abroad while chasing the biggest marcos loot. That event was a black mark on Jovito’s career. He even appointed the first wave of Lawyers who were assigned at the PCGG  who started the counter looting for themselves. Even the last commissioners during the Gloria regime were seen cruising Europe yearly or was waltzing with Imelda on their birthday celebrations. Or the biggest short cut of all is to convince Juanito Furuganan to write a supplement to his memoir this time pointing and mentioning names of the Justices and Loot holders of the Marcoses. If this happens all dots will be connected and Juanito at last will be a real EDSA hero and son Jackie a Senator.

  • http://pulse.yahoo.com/_D4AEDNHB2HRSIW2PTX5MWQI4A4 Virgilio

    Lesson: If one must steal, he must steal big so that he can have enough money to fight the hunters of ill-gotten wealth

  • http://profile.yahoo.com/ZWFLSTSBRRAVDDPF7NZ5OT6AEA Jim

    The PCGG was all for nothing after all. But does Mr. Andres Bautista really think that people will buy his suggestion? No way! Somehow somebody will make mega bucks again!

    Everyone they assigned at the PCGG really really stinks. No exception!

    Next is the loot of Gloria and Mike. The government will not recover a centavo but the politicians will amicably settle how to divide it among themselves. Just like how the police divide what they confiscate from smugglers and thieves. They’re all the same. The only difference is the uniform they wear.

    I thought Noynoy was very serious about ridding the government of graft and corruption. They’re all the same. Too bad!

  • elgeepee

    The President must not surrender the fight. We have been fighting for the good of our children’s future. Tuwang tuwa mga magnanakaw kung ganyan ang mangyari. we have an ombudsman and check the previous people who worked with the PCGG. And to the good Atty Bautista, why not name names whom you think enriched themselves at the PCGG.  

  • dani77777

    Bongbong Marcos had proclaimed to the world that material things mean nothing to them yet their fight for their money is unrelenting. 

    Power drives this family and greed fuels it. God forbids, if Bongbong becomes president, he will be amassing wealth in no time.

    Then we are back to zero.

    • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

      How would you know that? Look what they had done for Ilocos Norte. I believe that Bong Bong Marcos will not take revenge on people who brought them down when the right times come.

      • dani77777

        Namumuhunan lang ang mga yan para iboto sila ng mga tao.

        They MAY have been rich but NOT THAT rich. So where did their wealth came from?

        If you read the article well, it does not question where or how their wealth was acquired but rather where they hid it.

        And how do I know that Bongbong will not do what his dictator father did? Bongbong’s father is his hero. For him, his father did not steal, cheat or was cruel.

        Simple. Like father, like son.

      • Guest

        my leader here in ilocos norte is futuristic dani77777.  the windmill farm will benefit my grandchild in the future. the recently inaugurated solar farm and the expansion of windmill farm will surely eases the rising cost of electricity. kung ikaw malaki binabayaran mo sa kuryente wala akong pakialam sa iyo ako magaan lang at nakakagaan ito sa buhayko. now tell me is your leader has vision like these? kagaya niya ang kailangan ng pilipinas bukas sa pagbabago. NAPAKAJUDGMENTAL MO isa ka sa mga nalason ng media.

      • dani77777

        Bangaw ka nga, sa tai dumadapo

  • mannyvel

    The people didn’t remove Marcos from power, the protests demonstrated to the US that it was time to remove Marcos from power. There’s a subtle difference there that’s lost on most people.

    It was the US that kept Marcos there, and it was the US that removed him – not the people. 

    • INQ_reader

      You’re saying in so many words that the will of the Filipinos prevailed. Whether US took him out or not, it does not matter. Marcos had to go at the time, and US followed the inevitable.

      • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

        at least you agreed that they we’re really “kidnapped” and brought to Hawaii instead of Ilocos Norte….

      • INQ_reader

        Do you know the meaning of “whether…or not”? I don’t think I admitted anything when I used that phrase.

  • http://profile.yahoo.com/55XNXOYBNF6BG3EWOM5V4YMWXM Pedro

    THIS IS A  DAY  OF  MOURNING  FOR  THE  FILIPINO PEOPLE !  THE  FORCES  OF  EVIL  HAD  TRIUMPED  OVER  THE  FORCES  OF  GOOD  AFTER  MORE THAN 25  YEARS  OF  LEGAL  BATTLE !   THIS  IS  A  BLACK DAY  FOR  US !!  PRESIDENT  NOYNOY  IS  OUR  ONLY  HOPE , IF  HE  WILL DECIDE  TO  CONTINUE  THE  FIGHT   AND  THE  SEARCH  FOR  THE  MARCOS  LOOT !!

    PRESIDENT NOYNOY, THERE WAS A SUGGESTION TO APPOINT ATTY. FRANK CHAVEZ TO HEAD THE PCGG. THAT IS A GOOD SUGGESTION SIR !! WHY NOT !! ATTY. FRANK CHAVEZ TO CHASE THE MARCOS LOOT !! MABUHAY SI FRANK CHAVEZ !!

    • ApoLapullapu

      The cost of litigation may even be more than 4 times the  amount supposed to be recovered.  And with the PCGG’s  disclosure that evidence had be been lost, the f losing all the cases is high.

    • http://pulse.yahoo.com/_TWDGNNPNTJV7QMEANIW665PLLE Jeffrey

       You don’t have to shout, dude. Relax

    • buttones

      I understand what you say, and agree to a point, we cannot just stop seeking justice because we don’t have the pennies, and even little interest, but please don’t shout- I’ve gorra headache- it’s New Year do you see….
      Not only that these figures that are bandied around, some say $10 billion, some say $600 billion, some say trillions- the point is there is actually no concrete evidence, that is really the issue, if there were, and given the work of PH government lawyers over nearly thirty years it just illustrates one thing- they are not really that good at their job are they…. [polite] or utterly useless [impolite]

  • INQ_reader

    Getting half of USD10B is not bad. It’s still severely disproportionate to the dictator’s capacity to earn, and therefore proves the robbery of a grand scale.

    Assuming the dictator had been earning legal income for 30 years, i.e. even before he became president, then he would have to earn USD166M per year or P4.3B per year, using the exchange rate after EDSA I, USD1 = P26. How can a full-time president who is not supposed to engaged in any other profession, be able to earn that much?

    • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

      haven’t you heard about the yamashita treasures? if you haven’t heard stories of soldiers or sons of soldiers who have accounts or part of the team in retrieving golds, then you might just keep quiet and don’t simply accuse people cause its useless, even our government can’t really proved the accusations…

      • INQ_reader

        Bwah-ha-ha!!!
        You still believe in that tale???

        Assuming the dictator found it, and that forms part of Japanese Army loot, then they are supposed to be returned to their original owners. Otherwise, the dictator committed fencing.

        The Philippine gov’t already recovered USD4B. It that proportional to the income of an honest government official?

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        ” are supposed to be returned to their original owners”

        There is a period when you have to return them, and a period when you can claim them for yourself. Im not sure if its 45 years from an interview with Enrique A. memory plays tricks on me.

      • INQ_reader

        Assuming there is indeed a law, here’s a simple math: 1986 – 1941 = 45 years. Therefore, the dictator should have returned the alleged treasures when he found them between 1941 (Japanese invasion) and 1986 (EDSA I) before he fled the country. He couldn’t have found them before 1941, nor after 1986.

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        According to Enrique, he found them and was hoarding them until the prescription period lapses so that he won’t have to return them to …’the rightful owners.’ Unfortunately for him, things did not happen as he planned it.

      • INQ_reader

        Only in criminal cases time limits before cases can be files. For civil cases, such as recovery of wealth, then there is no time limit.

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        No.

        Even international maritime law provides a specific limit where owners of sunken vessels may salvage their possession. After which a prescribed period when it is ‘de facto’ abandoned by the owners, it becomes open season for marine treasure hunters and in conjunction with governments where vessels have sunk.

        Back to the Yamashita-Marcos Gold, according to a lot of accounts, some you can read in the internet, Marcos was able to get the gold.

      • INQ_reader

        What does shipwrecks have to do with alleged buried treasure?

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        That war loot, like salvagable marine treasures, have life expectancy.

        The yamashita treasure, if found early and acknowledged would have to be returned (less expenses for retrieval). And according to Enrique zobel ayala, he found it, hoarded it waiting for the lapse period so that he doesnt have to return it.

        The marine aspect provides similar law where treasures or assets on shipwrecks can be returned to owner, or be claimed by treasure hunters.

      • INQ_reader

        You’re comparing epols with kahel. War loot was forcibly taken against the will of the owners, the other was due to accident.

        Assuming your argument is correct, it not true that the dictator just kept the alleged treasure until the 1980’s. He used it to deposit millions of dollars in Swiss banks, buy her wife 3,000 pairs of shoes, buy real estate properties here and abroad, shares of stocks of blue-chip companies, etc. Therefore, all of the dictator’s wealth are fair game for returning to the Filipino people.

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        “Assuming your argument is correct..”

        My source is from the actual interview of Enrique all those many years ago. And some existing laws…but anyway…

        “it not true that the dictator just kept the alleged treasure until the 1980’s. He used it to deposit millions of dollars in Swiss banks, buy her wife 3,000 pairs of shoes, buy real estate properties here and abroad, shares of stocks of blue-chip companies, etc. ”

        Yes.

      • INQ_reader

        Sa hinaba-haba ng prusisyon, sa simbahan din ang tuloy.

        Pinatagal mo pa eh papayag ka rin pala na magnanakaw ang diktador, at bale wala ang palusot mo na itinago niya ang di-umano’y kayamanan ni Yamashita ng 45 na taon.

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        “Pinatagal mo pa eh papayag ka rin pala na magnanakaw ang diktador”

        that is what you think.

        I just stated facts. i did not state any judgement about the actions nor state may opinion on the matter.

        you should know the difference.

        “at bale wala ang palusot mo na itinago niya ang di-umano’y kayamanan ni Yamashita ng 45 na taon”

        stating facts is not palusot. would you rather I agree with you but be wrong factually, or disagree with you and state facts?

      • INQ_reader

        What facts have you stated? Those treasures still have to be proven to come from an alleged war loot.

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        1. Enrique did an interview on the Marcos loot.

        2. And that it stated that Marcos held on to the story that it was never found simply because he wanted the prescription period to lapse so he does not have to return it.

        Just facts. No opinions, no judgements.

      • INQ_reader

        The interview may be a fact. The narration of a certain story may be a fact. But the contents are still for verification. Who is Enrique anyway? He’s one of the dictator’s cronies trying to save his skin.

        Besides, I go back to my argument that since the dictator found it during the Martial Law or before what you stated as the 45-year expiration, then it was not his to buy shares of stocks, buy real properties, 3,000 pairs of Imelda shoes, etc. Here is a quote from that interview:

        “…Zobel, 72, is also expected to relate how Marcos accumulated much of his wealth DURING MARTIAL LAW using contingents of soldiers…”

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        “He’s one of the dictator’s cronies trying to save his skin.”

        Whats the people gonna do, take away his wheel chair?

        “… it was not his ….”

        No arguments here.

      • INQ_reader

        I don’t know what you mean, sorry. What’s the relevance of the wheelchair?

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        Ah, at the time of the interview he was already a quadriplegic (if not paraplegic), hence, the heavy breathing during the interview.

        Some kind of polo accident, i’m not sure. Anyway, the reins of Ayala corps has been transferred to JZA so, if he ever was branded a Marcos crony (which I doubt he was) and dragged into the streets, tarred and feathered, I doubt it will hurt him much, literally.

      • INQ_reader

        You just gave more irrelevant statements. Do you mean that disabled persons do not tell lies?
         

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        It was irrelevant to the thread but it answered your post: “I don’t know what you mean, sorry. What’s the relevance of the wheelchair?”

        perhaps this format:

        “You just gave more irrelevant statements.”
        to the previous thread, yes.

        “Do you mean that disabled persons do not tell lies?”

        You are trying to negate something I never said.

        Perhaps you should focus on just the facts.

      • INQ_reader

         So, what’s your point about mentioning the statements of a disabled person? He could be lying, you know.

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        “So, what’s your point about mentioning the statements of a disabled person?”

        Because you asked what my reference about the wheelchair, which I used as response what the people would do to him assuming he is a crony which you implied.

        “He could be lying, you know.”

        OK, Granted that… but at the cost of what? What is he trying to protect? His assets no longer his. His freedom stuck on a wheelchair? His bodily protection while not feeling anything from the neck down. Simply, why lie? Is he trying to protect himself by lying?

        He implied in his interview that Marcos did find the Yamashita treasure. And that he was waiting for the lapse of the limitations so that he won’t have to return it.

      • INQ_reader

        We’re going around in circles. I already argued that the dictator used those alleged wealth to buy company stocks, real properties, pairs upon pairs of Imelda shoes, etc., and he did this well within the alleged 45-year limitation of fenced wealth.

        Thanks for granting that disabled persons can tell lies.

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        I guess the question is, did he ‘tell lies.’

      • INQ_reader

        That’s the wrong question. The right question is: did he tell the truth?

      • http://www.dafk.net/what/ Kilabot ng mga Balahibo

        “That’s the wrong question. The right question is: did he tell the truth?”

        Hmmm. a quandary.

        While most people when speaking assumes truthfulness, it seems you feel otherwise. Like a person one meets on a street, or even a captain of industry that was never in politics, one assumes truthfulness when one speaks.

        Perhaps people assume they hear lies when they hear you speak? Perhaps when you started to reply the thread, they were all lies? Should I assume you speak the truth, since, by your own standards, people do not tell the truth.

        In which case then, I assume your general statement that the marcos loot and Imelda’s 3k shoes is a lie. Perhaps so, if i am not mistaken, it was around 198. I will just have to understand that some people assumes lies when they speak, and so they expect it from everyone.

        Thank you for your time.

  • rickysgreyes

    Sigh. Sana Ibalik na lang yung pera in terms of investments sa Pilipinas, kahit i-develop yung Ilocos as prime tourist destination.I guess justice applies only to poor folks here. Pity our country.

  • joerizal

    and so the Marcoses and their ilk will get off scott free in the near future. Crime does pay.

    • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

      there is karmic justice.. there is one just Judge… don’t worry, if they have sinned us, we may not get here the justice you’re longing for but surely, we will get it soon….

  • tra6Gpeche

    When did we have a government that is strong and powerful? Some apolitical and political Filipinos are definitely stronger than the Philippine government, executive, legislative and judiciary combined. Perhaps, this is the very reason why Philippines will not become a world class country and most Filipinos will remain second class citizens in their own land.

  • pasaway008ako

    Sino ngayon ang makikinabang sa perang hindi na kukunin o hahayaan na lang? Mabuti na rin kung aariin na lang ng bansa kung nasaann ang mga perang iyan at hindi rin pakikinabangan ng mga Marcoses.Patas lang o manos lang!

  • HSBC111

    CRIME PAYS IN THIS COUNTRY. Not only do they keep the money they stole from the people, they get themselves elected to high government positions. Hopefully, the United States can do something we cannot or refuse to do: pick these thieves in one of their sojourns and lock them up for good.

    • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

      The Marcoses were not that stupid as you think… LOL…

  • ApoLapullapu

    The Cory Administration’s first priority should have been to put the Marcoses behind bars for violations of human rights.  Recovery of money usually consists mostly of civil cases that can go on for generations without a clear outcome. Besides, the government will need angels to overcome the temptations of graft.

  • Pedro_Gil

    Have those responsible from PCGG face the music. No them ending getting our money back from the tyrant Marcoses.

  • koolkid_inthehouse

    In reality all Filipinos are corrupt.  Gullible and only after a quick money. 
    Anybody hired by the government that deals directly with money will finds ways to direct some to their pockets. 

    In short, Filipinos are natural thieves.

    • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

      if you’re a filipino, then you’re a thieve too… LOL… please make exceptions.. there are honest Filipinos here in my beloved country and abroad… some rather do any menial or extra ordinary jobs just to earn a living….but some too wants quick money but didn’t steal, they sell….peace man….. 

  • http://pulse.yahoo.com/_HPGUIIJ44DMCSONOPI4JAEMUZM lex

    What a sob story, sure you hide under the pretense of recovering the money ( if there is) , you forgot to mention the perks you got during your stints! and instead of protecting the properties you were task to safeguard, you let them deteriorate! so do not sell us a sob story and blame the Marcoses for your inadequacies! new year na! bawal na ang mag-turuan, you were given the job do it, otherwise quit!

    • http://pulse.yahoo.com/_TWDGNNPNTJV7QMEANIW665PLLE Jeffrey

       Pare pakibasa ng buo ang news item. Ang hirap sa atin daldal ng daldal hindi pala naiintindihan ang binabasa…..

      • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

        sinabi mo pa, di niya maintindihan ang sinasabi ni atty. Bautista…

  • http://pulse.yahoo.com/_3UAABFPUE5ZKBXOAGLWL6POGWU joel genese

    At least Mr. Bautista is very honest in his words and that is the most practical thing to do right now. Unlike other previous and current PCGG officials ( of course not all of them ) which uses PCGG as their piggy bank. 

  • Weya S.

    Very very disappointing… why are these people still in power in the first place as history CLEARLY has proven that they have turned our country upside down. They were the primary reason that we have lost our economic advantage because of their corrupt business practices through crony politics?!? PINOY HOY GISING!

  • gusm

    This is just what the Marcoses, their cronies and other
    crooks have been waiting for. Now they are all free to enjoy the high life with
    their loot. Ah, what a good life for the thieves and the corrupt in this
    country. Pity for the Philippine justice system.

  • Magsasaka

    matagal na silang nagpapasasa sa mga nakaw na yaman, katulad ng pamilya ni angelo reyes malaya na silang gastusin ang perang galing sa pawis ng bayan.

  • usaf9

    Mere brilliance and expertise in law is not enough to run after the Marcos mega loot, Dean Bautista possesses. Thee treasure hunter, must  aside from being brilliant,  must also be a man of steel, exceptional courage and incorruptible, and such attributes are gifted to a person who is not afraid to lose his life or limb to recover the Marcos stash. He is no other than former Solicitor General Frank Chavez. Only, that he was not given ample time and authority when he volunteered to chase the Marcos filthy lucre under the corrupt Estrada administration that apparently had an ulterior motive for the stolen wealth. If only Noynoy will utilize him, all is not lost after all.      

  • Pablo Juan

    This is good news for the corrupt like the Marcoses,  GMA and cohorts..

    crime does pay.

  • jericxx

    Sino ba ang may ebidensyang may $10B si Marcos?  O may 3,000 pairs of shoes si Imelda?  Di ba wala? 

    Being the most gullible people in the world, we buy every outrageous story fed to us never mind that it is bereft of proof.

    • AllaMo

      And, we the gullible people should believe you why… LOL!

  • http://profile.yahoo.com/55XNXOYBNF6BG3EWOM5V4YMWXM Pedro

    PRESIDENT NOYNOY, THERE WAS A SUGGESTION TO APPOINT ATTY. FRANK CHAVEZ TO HEAD THE PCGG. THAT IS A GOOD SUGGESTION SIR !! WHY NOT !! ATTY. FRANK CHAVEZ TO CHASE THE MARCOS LOOT !! MABUHAY SI FRANK CHAVEZ !!

  • kipbuts

    Virtually, sumurender na ang gobyerno courtesy of PCGG sa mega kawatans ng ating bansa. Sabi nila Japon lang daw ang mag-surrender. Hindi naman Japon ang PCGG. Baka nga, ‘no? Sayang at taga-ADMU pa naman. 

    • boldyak

      hindi nag surrender, nagkasundo na….magkano ba?

  • http://www.ninoyandcory.gov.ph/ It’s No Time To Doubt Now

    In 2013, LP wins support of solid Ilocandia North by quitting Marcos wealth chase.
    In 2016, LP wins support of solid Ilocandia North by allowing Marcos hero’s burial.

    We love Ninoy the Superhero Almighty and Blessed Mama Cory. We thank them for sending us their only begotten son our beloved President PNoy. Through our dear leader PNoy, all Filipinos will enjoy inclusive economic growth and join the ranks of the global middle class. Through our dear leader PNoy, all Filipinos will be more tightly united and become less regionalistic. This is the time to unite all Filipinos. This is the time to solidify the not-so-solid North and get them to support LP. Haydee Yorac, who is nodding in her grave, surely agrees with our beloved President PNoy. Joker Arroyo, who has one foot in the grave, will surely agree with our beloved President PNoy. This is the time for all Filipinos from Honolulu to Laoag to celebrate and embrace our dear leader PNoy.

    Sa Daang Matuwid, wala kang talo. Go with the flow. Go with Daang Matuwid.

    and may I humbly suggest:
    vote straight LP in 2013
    Ninoy 2.0 = Bam Aquino

  • wawangpenoy

    Mga kababayan, ayan ha. Kitang-kita na kung anong klaseng maligno
    itong si Binay itim-itim at mga kaalyado nya sa UNA. Nagkukutsabahang
    suwayin ang batas (GWEN issue). This is a fine example of impunity.  Mag-isip-isip
    naman tayo. Tulungan naman natin ang bayan na makawala sa saklaw ng mga
    sakim sa kapangyarihan.

    Sa darating na 2013, parang awa na ninyo, huwag nating iboto ang
    kahit sinong kandidato ng UNA. Kung hindi ninyo maiiwasang bumoto ng UNA
    candidate, please lang, don’t vote for anyone of the ff: BINAY, ENRILE,
    EJERCITO aka ESTRADA, COJUANGCO.

    Ganun din sa LP. Huwag na tayong boboto sa VILLAR, CAYETANO, AQUINO,
    ANGARA. Basta ang apelyido ay katulad ng nakaupo ng opisyal, HUWAG NG
    IBOTO.

    Hindi na rin dapat iboto ang mga artista at mga military mutineers.
    They’re just a useless bunch wasting taxpayers money and time. Kung
    hindi din lang magpapakita ng kabobohan ay walang ginawa kundi sumipsip 
    sa kanilang mga benefactors na mga beteranong TRAPO.

    Although it’s sad to think that remaining choices from major
    political parties are TRAPOS and thieves anyway, we might find hope from
    other candidates. Read their credentials and accomplishments. There’s
    nothing to lose voting for non-TRAPOS. Even if they turn out to be
    thieves anyway, what difference does it make? At least, it will still
    take time for them learn the ropes of corruption before they can
    actually start stealing and let’s just vote them out next time they’re
    due for re-election.  But remember, TRAPOS are hopelessly corrupt and
    greedy whereas, we might just get lucky with the new comers. Newcomers
    are still idealistic and full of dreams and plans for the greater good.
    Some of them may actually be running because they are sick and tired of
    the TRAPOS and they are hopeful that they can make a difference.

    Pag nagtagumpay tayo at walang nanalo sa mga binaggit na pangalan,
    matatakot na ang mga elected officials sa mga botante. Unti-unti na
    nating maibabalik sa mga kamay nating botante ang tunay na kapangyarihan
    ng boto. And it will spell the beginning of CHANGE that we, the
    Filipino people have long been deprived of.

    The TRAPOS are also the ones perpetuating illeteracy among the poor
    dahil dito sila kumukuha ng boto dahil madali ngang lokohin ng pangako
    at biyaya. If we add up the total number of voters in Class E (dito
    kumukuha ng boto ang mga TRAPO) plus a portion of Class D mas marami pa
    ding boto and total ng Class A + B + C + a small percentage of Class D.

    BAWIIN NATIN ANG KAPANGYARIHAN NG BOTO. DAPAT ANG MGA OPISYAL NG
    GOBYERNO ANG NATATAKOT SA ATING MGA BOTANTE, HINDI TAYO ANG NATATAKOT SA
    KANILA.

    MABUHAY ANG KAPANGYARIHAN NG MGA BOTANTE!!!!!DOWN WITH POLITICAL DYNASTY!!!DOWN WITH CORRUPT TRAPOS!!!!

    KEEP THE WINDS OF CHANGE BLOWING. MALAPIT NANG MAGBAGO ANG PILIPINAS AT NASA KAMAY NATIN NAKASALALAY ANG PAGBABAGONG ITO.

    MABUHAY!!!!!!!

  • ever green

    The Headline should have been…PCGG LOOT OF MARCOS LOOT TO END…..

  • joshua kings

    why pcgg failed? because of corrupt people who were traitors; they sold the government in lieu of bribes and other perks from those they are supposed to prosecute.  masahol pa sila sa rapists…nagsamantala sila habang nasa poder ng kapangyarihan.
    mga bwakanang….- – – .

  • TUMBOKIN

    “The Philippine government is to wind down a near-30-year hunt for the embezzled wealth of late dictator Ferdinand Marcos”…
    And it took you guys 30 years to recognize that you are not doing a good job…By this time you guys are retirable with pension already…hay what a waste of tax payers money.

    • chingnarciso

      at least Mr Bautista is being honest. He said that the one who is watching the chicken coop is helping himself or herself of the chicken eggs.

  • pilosopo4

    Abolish the agency and let the forces of nature mete its punishment on the corrupt..

  • WoBushi

    Bongbong Marcos for President in 2016, and if he wins urge him to declare Martial Law to chase the Aquinos (for good) for inefficiency and for letting down the Edsa 1 revolution. hehehehe   How’s that for a real change, hey?  hehehe The Aquinos after all openly abused the gullibility of ordinary Filipinos, and still enjoying it.

    PCGG is not composed of treasure hunters; they are on a safari to enjoy the loot. Nice and scenic places to see where the so-called bank accounts are maintained- all for free. Wine-sipping in the big cities of Europe and US has given the safaris a certain degree of lifestyle. And, there’s nothing wrong with that for as long as they painted the hunted as black vultures all the time to please the ears of their patrons. Way to go! hehehe

    • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

      Why not, malay natin iyong ibinibintang na nakaw eh makuha na mula sa ibang bansa para sa bayan…

  • http://www.facebook.com/vic.cabrera.77 Vic Cabrera

    may natira pa ba sa amount na narecover? 

  • http://www.facebook.com/vic.cabrera.77 Vic Cabrera

    hunt for marcos loot to end…”NEW LOOTINGS TO BEGIN”

  • http://profile.yahoo.com/2DG3R2AAQZDON2KH45T3YC5DOA del pillar

    I can NOT understand? Looks like some understanding happened which is negotiation with definitely due for some consideration! BAKIT HINDI KUNIN NG PAMAHALAAN AT GAWING PUHUNAN PARA IPAGPAGAWA NG PAARALAN O KALSADA O TULAY PARA MAIBSAN ANG ATING MGA KABABAYAN SA KAHIRAPAN LALO NA ANG MGA BATANG GUSTONG MAGLINANG NG KAGALINGAN SA IKABUBUHAY O IKAUUNLAD SA KANILANG PAMUMUHAY!!!!!!!!!!!!!!!

  • calixto909

    The perception of many that indeed corruption perpetrated by the first batch of PCCG officials had weakened these cases they filed against the Marcos  is an utter truth for it was part of the conspiracy they hatched, like quid pro quo in exchange of the huge kickbacks involved. This was already blown out of proportion in the 90″s and the cases filed that one after the other got dismissed affirms the truth of the matter.

    To file a case against these erring PCGG officials is like a punch at the moon that later on be dismissed for lack of evidence not until Imelda Marcos enters as gov’t witness to unravel the facts of the case but would anyone believed she will?

  • http://profile.yahoo.com/LJVSZRQ7PBVINM5F6LL2HRURKA Rinaanir

    “It’s been 26 years and people you are after are back in power. At some point, you just have to say, ‘We’ve done our best.” – WTF? Why do we have people like Andres Bautista in the government?

    • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

      He’s just honest, how big is their budget for their operations? Better abolish because it didn’t help the poor for its “mandate….”

      • boldyak

        hindi na binibigyan ng budget kasi meron gustong mawala na ang PCGG, para di halata na may nagkasundo na…magkano ba?

  • Beguine

    Well, it’s up to PNoy now to use his presidential powers in the
    three decades’ long pursuit of the Marcoses’ ill gotten wealth and
    fortune and unprecedented fantastic looting during Marcos’ 20-year-rule.

    In exchange, the Filipino people will be extremely grateful if the
    Marcoses lose their dynastic standing and grovel in poverty and shame.

    But, will this ever happen?

    And if PNoy can do it, everybody won’t mind if PNoy chooses to remain
    in power maybe for as long as he wants!

    • http://pulse.yahoo.com/_D3LDMMAKC6UDQLDVFP2DGSJBXY Jezzrel

      He can’t do it! We need a leader who have vision for the country like the former Pres. Marcos. BTW, your 20 years loot is not proven…

      • http://pulse.yahoo.com/_PHPM7ZIPGE5DYHRUYRZBPQGHZQ AlexC105

        Well PNoy might not be the sharpest guy but he definitely does not have the vision to repress his own people and enrich himself like Macoy. You’re also wrong about the loot not being proven; you’re overlooking the cases won in the US courts. The lack of success litigating these matters in Philippine courts demonstrates the PCGG being hijacked by corruption and a week judicial system that’s easily manipulated. C’mon, you obviously have not been living in reality to be able to spout such drivel!

    • pinoypower

      Why burden Pnoy when the very constituents of the Marcoses voted for them? If the Marcoses were not voted back in power then it would have been easier to prosecute them. The worst thing in our country is the justice system. If you have the money, you can simply delay the proceedings and as the saying goes: “Justice delayed is justice denied.”

    • bilango71

       I would like to see the day when Marcos clan become irrelevant in the Philippine society.  They have injured the society forever and the people should not give them importance they don’t deserve.  This is  better then “salvaging” them..

  • garcia677

    Similar to what Ramos had done during his presidency when he entered into an agreement with these Independent power producers to solve the hot issue on power crisis but in the end we, are now at the receiving end of paying these IPPs despite the very fact that they are no longer producing electricity since such was incorporated in their contract with Ramos signing in behalf of the gov’t. No one can also file a case against Ramos even though it’s glaring that he made money out of the abhorrent contract he signed because of the absence of a law

    • http://www.dafk.net/what/ Kilabot ng mga Balahibo

      Ummmm.

      Ramos entered into the contract with the IPP’s because we had no choice. If you remember the previous admin then just scrapped the BNPP WITHOUT any alternatives to pick up the planned future demand, plus the inclement weather caused the infamous rolling brown outs here in the metro.

      It was a rock and a hard place.

      And so, we had the highest cost of electricity in Asia which we are still paying up til now.

  • http://pulse.yahoo.com/_3TWVIBNBHJIBKXLUC5IT2JYM5E Harry

    When crimes are committed and the pursuit after the criminals and their loot becomes prohibitive, our government gives up. Where is the Matuwid na Daan?

  • http://pulse.yahoo.com/_3TWVIBNBHJIBKXLUC5IT2JYM5E Harry

    We are paying for every cent of those stolen money. The debts were never condoned.

  • valsore

    Just let the Marcos family pay back the remainder.

  • valsore

    Open a bounty-hunting season to private entrepreneurs. Those who can legally recover them gets 50%.

  • boybakal

    PCGG: Hunt for Marcos loot to end…Baka naman naghahanap talaga ng wala.
    Alam mo naman ang mga Pinoy masyadong exagerado kung magkwento.

    • boldyak

      or baka naman nagkasundo na….magkano ba?

  • lolo_Jose

    Parang nakaka amoy ako ng malansang isda sa sinabi Andres Bautista..Magkano ba
    ang ibinayad ng mga Marcoses sa iyo at ikaw na mismo ang nagmungkahi na tigilan
    na ang paghahanap sa natatagong yaman nila? Pakapalan na ba talaga ang tirada sa
    ngayon ha?

  • http://pulse.yahoo.com/_L7PILUDK6IPFGJLJNCM2IROCRY Albin

    Mas maliit ang gastos ng mga marcos kung bayaran na lang ang pcgg kaysa ilaban sa korte.
    mas sure pa.

    • http://www.dafk.net/what/ Kilabot ng mga Balahibo

       alam mo, kung papayag ang mga marcos, tama ka.

  • Gerald Abueva

    The Aquinos are victims of their own success. During Cory’s time, they vilified and demonized the Marcoses. Cory’s government portrayed Marcos as the richest crook in the world. They were so good and so successful at it that every Filipino born since 1986 were raised to believe that the Marcoses have so much hidden wealth. Many were even misled to believe that the Marcos hidden wealth will turn the country around. After 26 years, wala pa ring maipakita ang gobyerno. Pnoy has to come out and admit that figures in the past were exaggerated and blown out of proportion. Or the blame will fall on Pnoy and his mom for their sheer incompetence and dishonesty. Kinarma din ang mag-iina.

    • AllaMo

      Haang galing naman nang pretzel logic na pagtatanggol mo sa mga walang kabusugan at hiyang mga marcos…

      • http://profile.yahoo.com/EE5LMUQHMXD2Q3PBSSDKBMG7VI Rexy

        BRO, LOGIC LANG SIGURO IYAN. MAS MARAMING GUTOM NA BUYAWA NGAYON. KAYA NGA NAG PAPATAYAN SA PUWESTO.

    • manual47

      Did you ever think of those people involved on the hidden wealth.  It only takes for those people to come forward and follow their conscience to tell where these hidden wealth were.  The fact is, the Marcoses would not put these wealth into their names.  You know the reasons why.  Ill gotten wealth were put under different names of these people close to the Marcoses and it will take a miracle for these people to come forward because they were themselves does not have the audacity to do the right thing.  It is part of the corruptions that’s been eating the well being of the country………you can agree with me or not but I am sure that is one thing that I would have done if I were the Marcoses that want to hide some things from the authority or from the government.  It’s so happened that no one has the guts to do the right things…….

      • efffyoufools

        since you are a parrot who just echoes what you hear from stupid parrots, watch this: AQUINO COJUANGCO: FACTS THEY DON’T WANT YOU TO KNOW in youtube an info on how the first revolutionary war treasure money ended up in the hands of the cojuangcos which will tell you that the cojuangcos did not own the revolutionary treasure and did not return it to the philippine gov’t. and used it to grab the hacienda luisita from the ycazza family. shame that you got fooled with their lies. 

      • manual47

        So…what’s your point.  Did you even analyze what I have commented.  I was not just referring to the Marcoses.  Are you one of those member of “ignoramous” filipinos who still believe that the Marcoses and all the political elite in the country are willing to put the country first…….you need to do soul searching friend. Just look around you and what do you see……

      • http://profile.yahoo.com/EE5LMUQHMXD2Q3PBSSDKBMG7VI Rexy

        FRIEND, BAKET IYONG MGA NAKA UPO NOON AFTER MARCOS TILL NOW, INUNA BA NILA ANG BAYAN?? SYEMPRE PAYAMAN MUNA SILA BAGO BAYAN.

      • manual47

        That was my point……and what should have been done was took more initiative to retrieve those hidden ill-gotten by the people who took over the government after Marcos.  But because they have their hidden agendas, nothing has been done including the Aquinos (of all the people who had more to paid for the astrocities committed by the Marcoses).  And now, after more than 20 years……..what a waste

      • http://profile.yahoo.com/EE5LMUQHMXD2Q3PBSSDKBMG7VI Rexy

        SA ATIN MGA PINOY, SYEMPRE KUARTA NA, BAKET PA AKO KIKIBO? IBA NAMAN ANG MAKIKINABANG KUNG ISOSOLI KO. TIGNAN LANG IYONG MGA HEAD DATI NG PCGG, DI BA MERON NA SILANG MANSION??

      • Twister12

        see uve shown ur true colors. problema mo kasi d ka na mkaporma sa administrayon ngaun kaya wla ka ng chance na magnakaw. but given the chance I bet magpapakasasa ka. kaso wla nga kaya ganyan na lng galit mo. lol

    • http://pulse.yahoo.com/_IJ2DA4ZHFHZOM2I2UCLJGFY7GI Shai

      Here’s another one….

  • wawangpenoy

    PCGG: Hunt for Marcos loot to end…. looting by the Marcoses to continue
     

    • http://profile.yahoo.com/EE5LMUQHMXD2Q3PBSSDKBMG7VI Rexy

      NGEK !!! BAKET MARCOS LAGI??? LOOK AT THE OTHER SIDE NAMAN !!! BAWAT UMPO AY YUMAMAN !!, TIGNAN MO NGA ANG MGA AMPATUAN ??MALE MALETA ANG PERA !!!

  • http://pulse.yahoo.com/_QA4RLMR7R7ZX2J7GQXO4VB4PCE Tia

    DUWAG ANG UMAATRAS WE NEED A LEADER WHO IS TOUGH ENOUGH TO INVESTIGATE UNLIKE BAUTISTA WHO IS DUWAG!!!!!!!!!!!!!!!!!

    • RicDab

      ikaw na kaya

  • http://pulse.yahoo.com/_QA4RLMR7R7ZX2J7GQXO4VB4PCE Tia

    KASALANAN NANG MGA TAO BAKIT IBINOTO YANG MGA MARCOS NA YAN NA ALAM NILA NA ANG DAMING NABIKTIMA NANG MGA MARCOSES NOONG ARAW. KAYA DI UMAASENSO ANG PINAS KASI TINGNAN MO NAMAN ANG IBINOTO NILA ISA-ISAHIN NINYO MGA WALANG NAGAWA SA GOBYERNO NAGPAPAYAMAN LANG.

    • http://pulse.yahoo.com/_IJ2DA4ZHFHZOM2I2UCLJGFY7GI Shai

      MAS MARAMI ANG BOBONG PINOY KAYA YAN ANG NANGYARI.

      • http://profile.yahoo.com/EE5LMUQHMXD2Q3PBSSDKBMG7VI Rexy

        WRONG !! MAS MARAMING MGA KURAKOT NA PINOY NGAYON.

      • Twister12

        isa ka na don kaya nga galit na galit ka ng mawala si bansot heh he

    • http://profile.yahoo.com/EE5LMUQHMXD2Q3PBSSDKBMG7VI Rexy

      HELLO, TANUNGING MO KAYA IYONG MATATANDA NA, ANG SASABIHIN NILA AY MABUTI PA NOONG PANAHON NI MARCOS, MERON MAGNANAKAW PERO ISA LANG, NGAYON LAHAT NA.

  • http://pulse.yahoo.com/_QA4RLMR7R7ZX2J7GQXO4VB4PCE Tia

    WALANG MAGAWA SI PNOY KUNG SIYA LAMANG ANG GUSTONG MATUWID ANG DAAN, THE REST AY NAKIKISAKAY LAMANG SORRY PERO WE STAND STRONG AS 3RD WORLD COUNTRY FOREVER IF PHILIPPINE POLITICS IS THE SAME.

  • AllaMo

    Enough  already. Just hang the ever increasing tribe of malefactors from the nearest tree!!!

  • http://www.yellowmythbusters.gov.ph/ Weder-Weder Lang

    Ganun lang ba ka simple yan? Mukang may kasunduan sa likod nito eh. Pakakawalan ni Aquino ang mga Marcos kapalit ng boto ng mga Ilokano para sa partido ni Aquino. Sa pulitika din mauuwi itong lahat. Talo na naman ang taong bayan.

    • sinful_lustful69

      Malabo yan, makikipag kasundo ka ba sa pumatay sa tatay mo

      • efffyoufools

        mor on. can you prove that Marcos killed the older aquino? if you can’t go to hell with the people who killed him.

      • boldyak

        hahaha…tanong mo kay Pnoy kung sino pumatay sa tatay nya…kaya ayaw na paimbistigahan eh…kasi alam na nya…lol

      • Guest

        @sinful_lustful69 go to hell with the killer. Are you aware of what you’re saying, another moron. Isa ka na naman sa nakikisawsaw bata. Basahin mo ito:
        “MARCOS WILL KEEP ME ALIVE BECAUSE THE MOMENT I DIE I AM A MARTYR LIKE MARTIN LUTHER KING & HE WOULDN’T WANT THAT” – Ninoy

      • marionics

        i guess he thought wrong he he

      • RicDab

        E pinsan naman ng nanay nya ang nagpapatay e… sabi nung mga sundalong nakakulong.

  • bugoybanggers

    Waste of Time and MONEY.. puro lang pa MEDIA. Iyan ang napala sa walang POLITICAL WILL. Ang mga akusasyon sa mga ninakaw na pera sa panahon ni Marcos ay tsismis lang pala kasi walang makuhang ibedensya? At inabot pa ng 26 yrs ang paghahanap? Lokohan na! Kaya nga mas marami pa palang korakot sa ngayon dahil si Cory ang nag bukas ng PENDORAS BOX! Iyan na nga, buti pa noon kay Marcos lang tayo nakatuon.. ngayon mismo Janitor nagdedelehesya na rin.. kasama na sa KORAPSYON ang lahat, mapamaliit o dambuhala! Hala, MABUHAY ang PILIPINAS.

    • http://pulse.yahoo.com/_IJ2DA4ZHFHZOM2I2UCLJGFY7GI Shai

      Heto pa ang isang crony ni Marcos…ang mali ni Cory binuksan nga nya ang Pandora’s Box at lumabas si Imelda, Imee, Bongbong at Irene, mga salot sa bayan natin. Sana hindi nya pinauwi ang mga yun.

      • Chef Tonio

        mga engot kayo talaga..hindi nyo ba nakikita kung sino sino ang currupt..imagine 26 yrs na ang nakalipas eh..barya pa rin ang narerecover..that really shows na thru media ay gawa gawa lamang ang mga akusasyon na ito dahil walang sapat na ibedensya….. dahil kung mayron talaga ay hindi makakalusot ang mga marcoses..sentido cumon lamang mga kababayan…kwentahin mo kung magkano ang nakurakot ng PCGG sa loob ng 26 yrs…sa palagay nyo ba ay barya lang ..hehehe magisip-isip naman kayo o..

      • bugoybanggers

        Aba sino ba talaga ang dapat masisi aber?? Si CORY ang nagpasimuno sa lahat.. lalong tumindi ang KORAPSYON ng BANSA! O 1986 hanggang 2012 (26 yrs) ng nakalipas.. KUMUSTA ang PILIPINAS! NAWALA ba ang KORAPSYON? NapakaBABY ng batas laban sa pangongorakot ng kaban ng BAYAN. Alam ng lahat na SALOT sa LIPUNAN ang KORAPSYON pero hinahayaan lang dumami pa tuloy.. mag iimbestiga? Hanggang imbestigasyon na lang ba? Mag ISIP ka.. bata pa ako sa panahon ni MARCOS at namulatan ko ang matinding KORAPSYON sa kasalukuyan.. wag mag malinis kabayan.. PARUSAN ang DAPAT o KATAYIN para hindi TULARAN.

  • imongredneck

    After all, crime does pay in the PHL. Big time thieves are also glorified.

  • JK1000

    Now put them in jail,including their cronies in the Senate and House of Representatives. Nabayaran ni Imelda Marcos yan si PCCG Chair Bautista kay ayaw na niyang ipagpatuloy ang imbestigasyon.

  • pikloy

    Looking fpr Marcos wealth? Try under his tomb, a place the family keeps as sacred grounds for their loot..

  • intsikbeho

    saying the hunt will end is not enough for the filipino people. at least give figures into how much has been spent since the hunt for the supposed loot began up to this day, vs how much has been recovered, vs how much is expected to be spent some more and finally giving a realistic estimate of what can still be recovered. 

    if the government can clearly show that it is a losing battle then it would be easier to accept this. sometimes the evils win. 

  • pinoypower

    I agree withthe PCGG chair’s recommendation to close the agency and simply transfer the cases of the Marcoses to the DOJ. The PCGG had a dismal record in running after the alleged ill-gotten wealth of the Marcoses. It had spent so much in carrying out the task and did not recover much. Marami ng mga past PCGG commisioners ang yumaman. The current PCGG chairman is just being honest and realistic. Isara na ang PCGG pero dapat tuloy ang mga kasong nakabinbin laban sa mga Marcoses. Pwedeng hindi maipanalo pero ang magkaroon ng napakaraming kaso ay sapat na parusa na para sa kanila. Pag may kaso kasi sa korte tuloy tuloy ang bayad sa lawyers, PR men at sakit sa ulo ang pag-attend ng hearings.

  • Leo Capurictan

    according to bautista they already recovered half of the 10 billion dollars, but it is in investments and in new york and inswiss bank, which is still under contest. The proper term there should be sequestered, which is by definition “just in costudy” untill proven.

    Non of which is proven as loot. kaya tigil na ang laban.

    L   and again big big L 

  • http://profile.yahoo.com/WTAON5IXMNB43HD4UY5JLY434U Reynaldo

    it saddens me to read this…Mr Bautista is again another one of those rarest breed who can’t stomach the system so he left…dapat Mr Aquino this is the kind of civil servant ang ipinagpupukpukan mo ng bayag to keep them working with you for your daang matuwid. Kung sabagay nga hindi na ayos ng nanay mo nung fresh pa lahat ng ebidensya at nasa peak ng emosyong nationalismo lahat ng tao.

  • http://profile.yahoo.com/JKS7Y3WBUOJPOMTYPCRXSKW7KM Franzeline Perdubal

    Marcoses, the cancer that brought this country down. Yet, our people still vote for them.

    Minsan, mawawala ang tiwala mo sa gobyerno at sa kapwa mo Pilipino.

    • http://pulse.yahoo.com/_IJ2DA4ZHFHZOM2I2UCLJGFY7GI Shai

      You’re so right…haaay…mas marami kasing walang utak sa bayan natin.

      • Guest

        So.. you think your greymatter prevails over your whitematter? Greatmind huh! Then why don’t you educate your dumb neighborhood.

      • http://pulse.yahoo.com/_IJ2DA4ZHFHZOM2I2UCLJGFY7GI Shai

        Tulad mo, dahil sa kapurolan, hindi sila nakikinig… nang-aaway pa.  

      • http://profile.yahoo.com/JKS7Y3WBUOJPOMTYPCRXSKW7KM Franzeline Perdubal

        Kaya nga bangaw ang tawag sa kanya Shai. These are the people who came from the lineage of crabs. They enjoy plling people down.

        But as they say, Good things happen to good people. Dont mind bangaws, they will just ruin your day.

    • tarikan

      And people holler to high heavens that “I’m proud to be a Filipino”. With Filipinos like Joseph “Tibigots” Estrada, Achie Gloria & Kong Mike, Rambotito & family, those pabaon AFP/PNP generals, provincial political/jueteng warlords, etc. how one can say that?

  • boldyak

    bakit di tinatanong ni Pnoy ang uncle nya kung saan saan ang pera ng mga Marcoses?….siguradong maraming alam yon…bwahahahaha

  • http://www.facebook.com/profile.php?id=1289921303 Erwin Tenorio

    Incompetence, corruption, whatever the reason, it shows how as a nation we are just incapable to do what it takes to truly move the country forward.  The Philippines continue to be governed by the same breed of political and economic elite since when. As a nation, we are just a bunch of weaklings, and our children (as if Filipinos truly understand and care) will judge generations before them as terrible failure and an embarrassment.  2016, watch for the unstoppable rise of Binay and the 2nd coming of the Marcoses & Company. #itsmorefuninthePhilippines F#*& that!!

  • bilango71

    In other countries, the governments were able to go after the dictators successfully.

    • http://profiles.yahoo.com/u/XY4AW6ZJBAPIJ33L7KX6M3IOQI c

       and those dictators and their heirs were not in power when they were persecuted?

  • RicDab

    That’s what you get for chasing rainbows.

  • tarikan

    The plain housewife in Cory got the better of her. She allowed the Marcoses to return then the rest is history. Now history and experience tell us that corruption, big time corruption in the Philippines really pays off. Those that do get punished are the small timers who couldn’t afford abogado de calimbang. 

    • http://profiles.yahoo.com/u/XY4AW6ZJBAPIJ33L7KX6M3IOQI c

       “the plain housewife in Cory” —sexist ka anoh?

      • tarikan

        I’m a PNoy supporter because I can see he is sincere and honest. But Cory…naahh! What did she know in governance? With an avalanche of brownouts during her watch, what she did was pray. A plain housewife indeed.

  • tarikan

    How can the PCGG keep abreast with the Marcos lawyers? Eh noon (not this chairman) ang PCGG hinahabol nga sila Marcos pero maraming nagkalat na pera sa daan so mabagal sila dahil nagpupulot. Merun pang nakikipag-sayawan daw kay Imelda na chairman, hmm, ano kaya ang binubulong? Sabagay may asim pa noon si Ninang ko, hehe. 

  • regd

    Evil win this round. It’s not over, not until the fat lady sings!

  • Rio Legaspi

    Yan lang ba ang aabutin nyo, until you did not change our law which are full of holes. The thieves will always be the winner and they will keep on doing it because they knew your laws are weak!

    In the book Criminal History of Mankind, it is admitted that crime is always ahead of the police department and even the government for a reason only rules of engagement can answer. 

    It goes without saying that the government is so weak in dealing corrupt practices in the country, a reason for wide spread corruption. There is no will in combating corruption starting up all the way down. That is a status quo that they don’t want to e shaken, why? because everybody is involve one way or the other. Very simple, sabi ng nagnakaw, maghabol kayo sa tambol mayor at nakatawa pa bilang pang-asar! Can you imagine that how weak is our system!

  • jerome_jcb

    Eh…26 years na pala at halos walang nangyari…? Eh ano ngayon ang gagawin ninyo..? Wala..puro na lang dada…! Yan kasi ang hirap sa atin, magaling lang mamuna sa kapwa, kulang naman sa gawa. Lahat na lang ina-asa sa gobyerno..palibhasa kasi mga Pilipino mga ungas… (mabuti na lang nagmula ako sa republika ng Visayas..? nye…nye..nye…nye…! #%$6… Sana nga manalo na itong isang gahaman/naglalaway din na pulitiko na gustong maging Presidente sa 2016…at ng matuloy na rin ang totoong rebolusyon ng bayan. Para meron ng dahilan ang taong bayan na tuluyan ng bitayin ang lahat na mga magnanakaw sa bayan. Lahat na mga lider na naging sanhi ng pagdurukha ng sambayanang Pilipino. Kaso matagal pa iyon.. di ba puedeng ngayon na..?

    • http://profiles.yahoo.com/u/XY4AW6ZJBAPIJ33L7KX6M3IOQI c

       hmmm so jerome, what actions have you taken aside from airing your complaints in forums like this?

    • http://pulse.yahoo.com/_AIPSCQM2TZQUMQ5GEIMWMWDFL4 Edward Solilap

      Kung kaya mong lagpasan ang katalinohan ni President Aquino e cge subokan mong patayin pero kung bobo ka rin lang e manahik ka nalang baka ikaw pa ang isusunod patayin ng taong bayan.

  • http://profile.yahoo.com/JKS7Y3WBUOJPOMTYPCRXSKW7KM Franzeline Perdubal

    Bongbong Marcos for President!

    Bobong Filipinos for voters.

  • http://pulse.yahoo.com/_H4PIIBVQK4BSXMIKFRWWAAQAUY Heartrob ng Pugad Baboy

    We spent P2.6B (100M *26) and recovered P164B.  Not bad.

  • http://profile.yahoo.com/55F4QU5RNEFJE4QOBUKC222GSY Ariel

    Kailan pa kaya ibabalik ang martial law at patay in or ibilanggo ang Lahat na congressman na magnanakaw Vice President at dating president na nag UBos ng ating kayaman. Sino kaya ang maging presidente ng pilipinas na magawa nyan.kailan pa kaya.? Sana dumating ang araw na Tao na lamang ang papatay sa mga corrupt na opisyal

  • http://profile.yahoo.com/55F4QU5RNEFJE4QOBUKC222GSY Ariel

    Ng magbabago din ang buhay ng mga mahihirap ng malasap din nila ang nilalasap ng mga congressman senador governor at vice president …Dapat gumawa na lamang ang Tao ng hukbo para pumatay ng mga magnanakaw na opisyal ng bayan

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