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Imelda Marcos ordered to repay stolen cash

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Viva_La_Revolution Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 05:57 PM
Original message
Imelda Marcos ordered to repay stolen cash
Source: AP/Star Advertiser

A Philippine court has ordered the widow of former dictator Ferdinand Marcos to return $280,000 that her husband pocketed from the government's food agency in 1983, an official said Monday.

The amount might be minuscule compared with the estimated $10 billion Marcos and his associates allegedly amassed during his 21 years in power, but the case marked a rare legal victory in efforts to reclaim at least some of the ill-gotten wealth.

The Presidential Commission on Good Government, which was formed after Marcos was ousted in 1986 with the task of tracking down the stolen money, has so far identified about $6.5 billion and recovered cash and assets totaling $1.97 billion.

An anti-graft court made the ruling Friday and gave Imelda Marcos 30 days to pay or, if she is unable to do so, provide a list of properties and assets to cover it, said court clerk Teresa Pabu­la­yan.

Read more: http://www.staradvertiser.com/news/breaking/119626314.html
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DeSwiss Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 06:10 PM
Response to Original message
1. List of properties = All those shoes
- K&R

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AsahinaKimi Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 06:31 PM
Response to Reply #1
4. I have heard that
in the Philippines there is an Imelda Marcos museum featuring many of her shoes. I can only imagine what seeing that would be like.
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DeSwiss Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 08:02 PM
Response to Reply #4
5. Apparently it's not bringing in the bucks....
...like it http://www.marikina.gov.ph/visitorspages/museum.asp">once did.



- I guess after you've been there 3 or 4 times the thrill is gone. Like Ferdinand.
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Bonhomme Richard Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 06:15 PM
Response to Original message
2. I had no idea she was still alive...go figure. n/t
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russspeakeasy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 06:21 PM
Response to Original message
3. She will pay the money back right after Madoff pays his back.
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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-12-11 02:10 PM
Response to Original message
6. Speaking from her
$2500 per day suite in the Manila Hotel, the former First Lady reiterated that she had no money.
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