- PCGG belied senator’s claims that the gov’t is hindering compensation awards for martial law victims
- The Commission said Bongbong is very active in defending family’s ill-gotten wealth in court
- It is still going after the Marcos family’s illegally-acquired assets, including artworks worth $300 million
MANILA, Philippines – Belying Sen. Bongbong Marcos’ claim that the government is hindering the awards of martial law survivors and victims, the Presidential Commission on Good Governance (PCGG) said the son and namesake of late strongman Ferdinand Marcos has been very active in defending his family’s ill-gotten wealth in court.
Citing a Panamanian account which his father opened on the day martial law was declared, the Commission said it took two decades for it to be declared as part of the Marcos family’s ill-gotten wealth because of the senator’s litigiousness.
“In a litigation spanning more than 20 years, it was Senator Marcos Jr. who took the lead to prevent the early award of the Arelma funds to the Filipino people,” the Philippine Daily Inquirer quoted the Commission as saying.
The Supreme Court ruled the Arelma account which contained P1.84 billion as ill-gotten wealth with finality in 2012.
The PCGG also cited several civil cases—Nos. 0002, 0004, 0005, 0006, 0008, 0009, 0010, 0011, 0013, 0017, 0029, 0039, 0034, 0035, and 0141—which are being actively litigated by Marcos’ lawyers in court.
The Commission also disputed Marcos’ claim he could not give what he did not have; saying it has allocated P10 billion retrieved from his family’s Swiss accounts.
It added there is another $1 billion in the family’s assets which are currently being litigated in court, including $300 million worth of artworks made by famous artists such as Michelangelo, Monet and Picasso.
“The PCGG continues to seek not just ill-gotten assets but also the proceeds of these ill-gotten assets, such as the paintings. The artworks are now conservatively valued at around P13.8 billion,” the Commission said.