MANILA, Philippines – The Sandiganbayan, the country’s anti-graft court, denied former first lady Imelda Marcos and her daughter Irene Marcos-Araneta’s request to reacquire their forfeited ill-gotten wealth.
Associate Justice Michael Frederick Musngi penned the resolution, while associate justices Maria Theresa Mendoza-Arcega and Maryann Corpus-Mañalac concurred. The mother and daughter accused the PCGG of neglecting its mandate to preserve the Marcoses’ assets, adding that the properties would continue to depreciate unless they were returned to their owners. However, the Sandiganbayan again stood its ground and said the forfeited ill-gotten wealth and properties turned over to the government were now beyond dispute.
“In those cases, the Supreme Court had already upheld the validity of the compromise agreements executed by the parties involving the recovery of certain properties and the authority of the PCGG to enter into such agreements,” the anti-graft court pointed out.
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