Sandiganbayan OKs deal between PCGG, alleged Marcos ‘crony’

Sandiganbayan OKs deal between PCGG, alleged Marcos Sr. ‘crony’

By: - Reporter / @FArgosinoINQ
/ 11:53 PM November 20, 2024

MANILA, Philippines — The Sandiganbayan has approved the compromise agreement between the Presidential Commission on Good Government (PCGG) and the heirs of an alleged crony of the late dictator Ferdinand Marcos Sr., concerning purported ill-gotten wealth and properties.

In a resolution dated November 19, the anti-graft court’s Second Division has granted the Joint Omnibus Motion filed by the PCGG and the heirs of Roman Cruz Jr. dated October 25 of this year.

READ: Sandiganbayan drops P276-M civil case vs Marcos estate due to delay

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This motion is with regard to the parties’ compromise agreement stipulating, among others, the turnover of the following properties registered in Cruz’s name to the government:

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  • Two condominium units in Camp Sioco, Baguio City
  • Two parcels of land in Pacdal, Baguio City
  • A parcel of land in Barangay San Roque Antipolo City
  • A parcel of land in Barangay Sta Cruz, Antipolo City
  • Shares of stocks in PLDT
  • Escrow account containing over P1.1 million

In return, the PCGG agreed to no longer file or pursue civil cases against the other party.

“The compromise agreement is APPROVED and the relevant agencies and offices are directed to transfer of the titles and real and personal properties to the Republic of the Philippines based on the compromise agreement,” the resolution states.

“The instant case is hereby DISMISSED as against the defendants heirs of Roman Cruz Jr,” it adds.

Also in October, the Sandiganbayan dismissed a P276-million civil case against the estate of Marcos Sr., in which the former first couple was accused of using Cruz— their associate in purchasing parcels of land supposedly through ill-gotten wealth.

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TAGS: PCGG, Sandiganbayan cases

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