marcos kin offer gold assets to philippines duterte
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Marcos kin offer gold, assets to Philippines: Duterte

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Marcos kin offer gold, assets to Philippines: Duterte

Former Philippine first lady and now congresswoman Imelda Marcos
Manila - Al Maghrib Today

Philippine President Rodrigo Duterte said Tuesday the heirs of late dictator Ferdinand Marcos had offered to return to the government some of the family's disputed wealth, including "a few gold bars".

Marcos and his wife Imelda were accused of plundering about $10 billion from state coffers in 20 years in power. A bloodless "People Power" uprising in 1986 chased the family into US exile.

The government announced last month that Duterte, a Marcos ally, may abolish a government agency that has recovered some 170 billion pesos ($3.4 billion) from Marcos and his family.

But Duterte said in a speech to government officials: "They (the Marcos family) told me they'll open everything, and probably return what is uncovered."

He did not name the Marcos family member who had approached him, the total being offered or the terms attached to it.

The family member had told Duterte "we are ready to open and bring (it) back ... including a few gold bars", according to the Philippine president, but the amount involved was "not Fort Knox".

Fort Knox is a vault that stores US gold reserves.

Duterte said he would accept the Marcos offer and was looking to appoint a retired justice of the Philippine Supreme Court to negotiate with the family on the government's behalf.

Duterte's announcement was the latest development in the remarkable political rehabilitation of the Marcos clan.

Despite the dictator's death in Hawaii exile in 1989, his family has been making a political comeback in the Philippines with his widow, Imelda, and their children getting elected to office.

No member of the Marcos family went to prison despite the government recovery of some of its fortune through litigation and out-of-court settlements.

Duterte has openly supported the Marcos family, cheering on the Marcos son, Ferdinand Jnr, in his failed bid for the vice-presidency last year.

The Marcos family is known to be grooming him for the presidency as well, and the son is challenging the result of the vice-presidential vote in court in a fight that could put him in the country's second-highest office.

Duterte stunned the nation in November last year by allowing the body of the late dictator to be buried in the national "Heroes' Cemetery" despite a widespread outcry that his abuses and corruption exempted him from such an honour.

Imelda, the widow of Marcos, denies the family's wealth is ill-gotten and at times has said her late husband recovered the treasure of Japan's World War II General Tomoyuki Yamashita that was looted from across Southeast Asia.

"I will accept the explanation whether or not it is true, it does not matter," Duterte said Tuesday.

What was important, he said, is it would be "something that really works for the Filipinos".

Source: AFP

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

marcos kin offer gold assets to philippines duterte marcos kin offer gold assets to philippines duterte

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

marcos kin offer gold assets to philippines duterte marcos kin offer gold assets to philippines duterte

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 14:10 2017 Wednesday ,02 August

Italy impounds German NGO migrant rescue boat: police

GMT 02:15 2015 Monday ,30 March

Yemeni president fires 2 provincial governors

GMT 09:28 2018 Friday ,05 January

Music sales soar in US, as streaming takes

GMT 10:16 2013 Sunday ,03 March

FIFA to make Qatar decision

GMT 05:05 2012 Thursday ,10 May

Sceptic Algerians go to polls

GMT 10:01 2017 Sunday ,12 November

Hollywood takes break from scandal

GMT 12:17 2017 Wednesday ,08 November

Actress Helen Hunt slammed over Egypt forum

GMT 18:46 2016 Tuesday ,23 February

Egypt, Greece to enhance economic, trade relations

GMT 14:06 2017 Monday ,27 March

HH the Emir Receives Message from Emir of Kuwait

GMT 23:07 2012 Thursday ,19 April

The Horror of Love

GMT 08:09 2012 Wednesday ,27 June

4 militants killed in US drone attack in Pakistan

GMT 08:15 2017 Saturday ,18 February

OIC Condemns Terrorist Attack in Pakistan

GMT 19:02 2012 Thursday ,02 August

Aaron Sorkin defends \'Newsroom\'

GMT 01:17 2015 Monday ,07 September

Mohammed Balooshi continues impressive run

GMT 09:40 2015 Wednesday ,18 February

Flu shot protects against new H7N9 strain
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday