Philippine government acquires more Marcos jewelry, official says it shows regime's excesses - InfoNews

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Philippine government acquires more Marcos jewelry, official says it shows regime's excesses

Andres Bautista, chairman of the Presidential Commission on Good Government, which is tasked with recovering the alleged ill-gotten wealth of the late dictator Ferdinand Marcos and his family, shows a catalog of a seized jewelry collection belonging to the Marcoses at a news conference Tuesday, Jan. 14, 2014, in Mandaluyong city northeast of Manila, Philippines. Bautista said a court decision ordering Marcos' widow to relinquish more than $100,000 in jewelry is a victory for Filipinos and shows that crime does not pay. (AP Photo/Bullit Marquez)
January 14, 2014 - 1:45 AM

MANILA, Philippines - The chief of the Philippine agency recovering the alleged ill-gotten wealth of the late dictator Ferdinand Marcos and his family says a court decision ordering Marcos' widow to relinquish more than $100,000 in jewelry is a victory for Filipinos and shows that crime does not pay.

The chairman of the Presidential Commission on Good Government, Andres Bautista, said Tuesday his agency is proposing an exhibition of the jewelry to illustrate the excesses of the 20-year Marcos regime, which ended in 1986.

The anti-graft court decided Monday that former first lady Imelda Marcos should relinquish the jewelry to the government after declaring it was ill-gotten.

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

News from © The Associated Press, 2014
The Associated Press

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