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Saturday, September 2, 2017

Former Presidential Assistant: PCGG only remitted P14B of P170.5B recovered from Marcos wealth


The Presidential Commission on Good Government was tasked to recover and audit the alleged ill-gotten wealth of the Marcos family. It managed to recover Php 170.5 billion from 1986 to December 2015.

Of the amount they recovered, only Php 14 billion was remitted to the National Treasury which leaves the question as to why the total bulk of Php 170.5 billion was not returned as of 2015. Additionally, no information is held so far as to how much more was remitted to the Treasury after 2015.

Pictures have surfaced of former President Cory Aquino’s daughters donning jewelry alleged owned by President Ferdinand Marco’s widow and Congresswoman Imelda Marcos. 

PCGG managed to acquire some of Imelda’s jewelry, however, it is being questioned if the ones that were worn by Aquino’s daughters were also recovered.

Ferdinand was held to have discovered the Yamashita gold treasure. CIA has photos of the treasure filling a single large room after Ferdinand showed it to the Americans. It is a generous gesture from the Marcos family to return half of that to the country.

It is Aquino who is held to have wasted away the Marcos wealth. Former running mate of Aquino, Salvador Laurel, was summoned by Ferdinand during his dying days in Honolulu. 

Ferdinand had asked to see Aquino so he may return part of the wealth and be allowed to die on Philippine soil. 

Aquino refused the call to meet Ferdinand. Had she taken up the offer, it would have incrementally covered the debt and boosted the economy of the country.

The full report on this was written by Jose Alejandrino posted on netizen Kristine Marie Sy-Francisco’s Facebook,

MARCOS WEALTH
By Jose Alejandro
According to the PCGG, it recovered nearly 170.5-billion pesos, or the equivalent of 3.6-billion US dollars, from 1986 to Dec. 2015. It claims to have remitted 14-billion pesos or nearly 300-million dollars to the National Treasury. Still left to recover, PCGG said, are 32-billion pesos or 673-million dollars in 19 civil cases pending before the Sandiganbayan as of Dec. 2015.
May the people know why only 14-billion pesos out of the 170.5-billion PCGG claims it recovered were remitted as of end 2015? How much more, if any, were remitted to the Treasury after 2015? If none, why?
My second question is of the Imelda jewellery collection that was recovered, were the jewellery worn by Cory's daughters, as shown by some photos, that allegedly belonged to Imelda also recovered? If those jewellery were taken from Imelda don't they belong to the Filipino people? Can the people be given an inventory of Imelda's jewels sequestered by PCGG?
President Duterte announced that an emissary from Bongbong offered to return some gold bars to the government. Imee has been quoted, if quoted correctly, that the family would have to discuss the matter. Imelda is holding gold certificates which she proudly shows to invited guests. Are these the certificates to the 7,000-tons of gold Americans claim are being held by dummy companies abroad? I know Marcos discovered at three sites part of the Yamashita gold treasure which he showed to the Americans that filled one big room. The CIA has the pictures. It is normal the Marcoses keep part of the treasure. Finders, keepers. Now if the Marcoses offer to return, say one-half of that gold treasure, it would certainly be a nice gesture which I'm sure Filipinos would appreciate. But the Golden Buddha which that poor man in Baguio found should also be returned to him.
Doy Laurel who was called to Marcos' dying bed in Honolulu had said Fred was willing to return part of his wealth to the Filipino people provided Cory allowed him to die in the Philippines. When Doy returned, he asked for an appointment to see Cory to transmit the offer of a dying man, but Cory was not interested. I myself believe Fred was sincere. After all, he could not bring his gold with him to the next world. So long as his family kept part of the Yamashita treasure and he was allowed to die in his country, Fred was satisfied. Cory was wrong not to be interested in the proposition. What she did was not in the national interest.
Now if the Marcos children are willing to pursue their father's offer, I think President Duterte should accept it. How much are 3,000 or so tons of gold worth on the world market today? I'm sure much more than what Fred was accused of stealing.


Source: http://ift.tt/2exXHFQ

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