Metro Manila (CNN Philippines, November 14) — The Supreme Court has upheld an earlier decision by the Sandiganbayan dismissing an ill-gotten wealth case filed by the Presidential Commission on Good Government against the estate of former President Ferdinand E. Marcos.
The elder Marcos’ estate is represented by his wife, Imelda, son and now President Ferdinand Marcos Jr., and daughters Imee Manotoc and Irene Araneta as well as his alleged cronies.
The SC made its decision in October, but the document was just recently made available on its website. The SC decision resolved consolidated cases filed by the PCGG in 1987 which sought to recover ill-gotten wealth from Imelda Marcos and several other individuals, among them Lucio Tan.
Among the ill-gotten wealth mentioned were “respondent Tan’s delivery to Marcos and respondent Imelda of substantial beneficial interest in shares of stock in Asia Brewery Inc. (Asia Brewery) beginning July 1977 in exchange for concessions and privileges for his business ventures,” stocks, and other properties.The complaint was dismissed in 2012 by the Sandiganbayan who said “the Republic failed to discharge its burden to prove that the subject assets and properties were ill-gotten wealth because it was not shown that the same originated from the government’s resources.In its consolidated decision concerning the cases, the Supreme Court affirmed the earlier dismissals by the Sandiganbayan.
