Marcoses may lose more assets in PH, US, other countries, says Swift

Imelda Marcos

MANILA, Philippines — Senator Ferdinand “Bongbong” Marcos Jr. and his mother, Ilocos Norte Rep. Imelda Marcos, are in danger of losing more of their assets stashed in the Philippines, the US and other countries after the US Court of Appeals upheld a $353-million contempt ruling against them and the Marcos estate.

In an e-mail relayed to the Philippine Daily Inquirer by Commission on Human rights Chairperson Loretta Ann P. Rosales, American lawyer Robert Swift said: “It means that we can pursue Imelda and Bongbong assets in the US and whatever countries where we can register the judgment.  It means that if either travels to the US, we can take their depositions.  And we can try and register the judgment in the Philippines and execute on their real estate.”

Swift is the lead counsel for the 10,000 Filipino human rights victims who are still fighting to get the $2-billion compensation awarded by the US Courts in 1995. According to Rosales, there are several forfeiture rulings on a number of civil cases against the Marcoses that the Philippine government could use to bolster its claims.