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Sale of Marcos jewelry awaiting Duterte’s formal order to PCGG

/ 08:27 PM June 03, 2019
Sale of Marcos jewelry awaiting Duterte’s formal order to PCGG

Katrina Camille Pena of the Presidential Commission on Good Government holds a set of jewelry from the so-called Hawaii Collection, one of the three sets of the Marcos jewelry, during appraisal by Sotheby’s at the Central Bank of the Philippines on Nov. 27, 2015 in Manila, Philippines. The Hawaii Collection was seized by the US Bureau of Customs upon the Marcos’ arrival in Hawaii in 1986 and is now under the custody of the Philippine Commission on Good Government or PCGG. The appraisal was made to determine its current value which was put at $5 to $7 million dollars in 1988 and 1991.(AP Photo/Bullit Marquez)

MANILA, Philippines — The Presidential Commission on Good Government (PCGG) is still waiting for President Rodrigo Duterte’s formal order allowing the auction of former First Lady Imelda Marcos’ jewelry collection worth over P700-million.

“Wala pang formal action si PRRD,” Justice Secretary Menardo Guevarra said Monday.

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“We’ll wait for PRRD’s action on the memo submitted to his office last Thursday. He may have some specific instructions,” he added.

PCGG is an attached agency of the Department of Justice (DOJ). It recently sought the President’s approval for the public auction of Marcos’ Hawaii jewelry collection, which is currently being kept at the Bangko Sentral ng Pilipinas (BSP).

It is reported to be one of the more valuable collections of Mrs. Marcos along with her Roumeliotes Collection.

The Hawaii Collection is said include about 300 pieces of jewelry that were seized by the US Bureau of Customs upon the Marcoses’ arrival in Hawaii, where they fled at the height of the Edsa People Power Revolution in February 1986.

Without the written order from Duterte, PCGG could not start with the auction, according to Guevarra. (Editor: Katherine G. Adraneda)

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TAGS: auction, DoJ, Hawaii collection, Ill-gotten wealth, Imelda Marcos, Jewelry, Local news, Marcos, Nation, national news, news, PCGG, Philippine news updates
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