Gov’t won’t abandon ill-gotten wealth cases vs Marcoses—Bautista
MANILA, Philippines–Presidential Commission on Good Government (PCGG) Chairman Andres Bautista said the government will not abandon the ill-gotten wealth cases against the heirs and cronies of the late dictator Ferdinand Marcos even in the event of the PCGG’s abolition.
In a news conference at the PCGG headquarters Wednesday, Bautista said their proposal to Malacañang was to transfer the prosecution of Marcos ill-gotten wealth cases to the Department of Justice (DOJ) and to transfer the sequestered assets to the Department of Finance (DOF).
“Our recommendation was to wind down work, to turn over cases to the DOJ and the sequestered assets to the Privatization Management Office,” Bautista said.
“But in no way have I said we’re ending the hunt for the Marcos ill-gotten wealth. I didn’t say that. I believe that should continue because a substantial portion (of the ill-gotten wealth) remains unrecovered,” he stressed.
About 200 ill-gotten wealth cases against the Marcoses and their cronies are still pending in the anti-graft court Sandiganbayan 26 years since the PCGG was created.
Since 1986, the PCGG has recovered P165 billion in ill-gotten wealth.
Bautista admitted they have no idea how much remains unrecovered of the wealth illegally amassed by the Marcos family and their cronies during the 20-year dictatorship.
Get Inquirer updates while on the go, add us on these apps:
Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94