Imelda Marcos ordered to hand over jewels

2014-01-14 14:43
Marcos jewels (Joel Nito, AFP)

Marcos jewels (Joel Nito, AFP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Manila - A Philippine court decision ordering the widow of the late dictator Ferdinand Marcos to relinquish more than $100 000 in jewellery is a victory for Filipinos and shows that crime does not pay, an official said on Tuesday.

The Sandiganbayan anti-graft court said on Monday that former first lady Imelda Marcos should forfeit the jewellery after ruling it was ill-gotten.

Andres Bautista, chairperson of the Presidential Commission on Good Government, said the court's decision "is really a victory of the Filipino people”.

"The important lesson is that crime and corruption do not pay. It may take long but eventually the long arm of the law will catch up," he said.

It is the third collection of Marcos jewellery that the government has acquired. The two other collections are estimated to be worth up to $8.4m.

The commission, which is charged with recovering the alleged ill-gotten wealth of the Marcoses, is proposing that the three collections be exhibited to show the excesses of the 20-year Marcos regime, Bautista said.

There was no immediate comment from Imelda Marcos or her lawyer. The flamboyant former first lady was known for shopping sprees abroad while a majority of Filipinos remained mired in poverty at home. Her shoe collection of over 1 000 pairs became a symbol of extravagance.

Martial law

Marcos, who declared martial law during his rule, was toppled by a popular revolt in 1986. He died in exile in Hawaii three years later.

"We cannot deny that this is part and parcel of our history and they are examples of the excesses that were committed during the martial law regime," Bautista said. "We owe it to our future that the lessons of the past are not forgotten and the dark abuses should not return again."

Bautista said current President Benigno Aquino III has not decided whether to auction the jewellery.

The government has recovered $3.7bn of Marcos' alleged hidden wealth over the years and is targeting at least $1.1bn more.

The amount includes more than $600m in Swiss accounts set up in the early years of Marcos' administration.

The Supreme Court ruled in 2003 that the Marcos' wealth in excess of their legal income of around $304 000 from 1965 to 1986 "is presumed to be ill-gotten", Bautista said.

- AP
Read more on:    benigno aquino  |  philippines
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News
 

Joburg hot spots for cocktails, craft beer, tapas and wine!

It’s the season to be jolly – so we’ve rounded up some new Joburg hot spots!

 
 

I love summer.24

The craziest deaths of 2014
How to make this a sensual, sexy summer!
This is what South Africans Googled in 2014!
This hilarious song is your new holiday anthem

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Kalahari.com - shop online today

2DAYS ONLY – 30% off Appliances

Coffee makers, blenders, fans, juicers and more. T&Cs apply. Shop now!

2 DAYS ONLY – 40% off books

Get 40% off when you buy 2 books. For two days only! T&Cs apply. Buy now!

Up to 50% off on outdoor gear

Save on chairs, blankets, cooler bags, umbrellas and more. Shop now!

Save on Samsung

Cameras, mobile phones, TVs, Tablets and more. While stocks last. Shop now!

Grand Theft Auto 5

Now available on PS4, Xbox One and PC from R649. Buy now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

You may be emotionally defensive or reserved today. You need to step up today as there may be extra responsibilities to deal with....read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.