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Archive for the tag “Merceditas Gutierrez”

Opinion: Sen. Imee Marcos cannot revise the plunder history of her family!

If we cannot punish old plunderers, we should stop pretending that we are out to punish the plunderers who came after them. If our people do see punishment for plunder past and present, then “plunder” would become a meaningless word added to our vocabulary” (Ruben Carranza – The Meaning of Plunder Past and Present, 2001)

Well, today was a special day, that the truth about the verdict about one court case against the family of Marcos in the Philippines. However, even if this is botched and dismissed court case because of lack of evidence. There is still plenty out there proving that this family has ill-gotten gains, has stolen and plundered. Just that they got away with it this time. That doesn’t revise nor free the legacy of the family, which became stupid-rich while being in power.

Today’s Botched Court:

MANILA, Philippines— It might have taken more than 30 years “to prove our innocence” but Senator Imee Marcos was grateful just the same. For lack of evidence, the Sandiganbayan has junked a civil case involving an alleged Marcos ill-gotten wealth worth P1.052 billion” (Malia Ager – ‘Imee Marcos: It took over 30 years to prove our innocence’ 08.10.2019, Inquirer.net).

Imee Marcos thinks she can revise history and suddenly take away the past of her family. It is natural that someone want their relatives to get a better legacy. However, the senator here is far off. If she thinks the botched plunder case now is freeing the history of Ferdinand Marcos or Imelda Marcos self. It is just a misstep in the courts. There is plenty of other cases and also foreign evidence of the actions done by her parents.

I’ll be dropping the titbits of information from Chaikin and the SARI, whose been investigating the money laundering, the illicit transfer of funds from the Philippines to Switzerland/Lichtenstein and elsewhere. To show what the Family Marcos did in their hey-day. Also, end with the court case, where the Marcos was deemed guilty of doing so in 1993 in a similar case. Therefore, the Marcos are far from “innocent” in the manner.

Like David Chaikin reported this in 2000: “A RICO claim brought in 1989 in California in the United States sets out in some 100 pages the details of how Ferdinand Marcos, Imelda Marcos and others conspired to loot, divert and launder public assets for their personal use and benefit. The RICO claim estimated that $5 billion in ill-gotten wealth was taken by the Marcoses, their associates and accomplices. But there is other material suggesting that Marcos took even greater amounts of money” (…) “The significance of the Malacanang documents is that they established investigatory leads concerning the secret Marcos assets in Switzerland. They provided the starting point for any analysis of the size of the Marcos’s Swiss wealth. Indeed, based on the Malacanang documentation and from other sources, in April 1986 the Philippines Government asserted that the Marcoses had accumulated illicit wealth of over $5 billion dollars, and that at least $1 billion had been transferred to Swiss bank account” (David Chaikin – ‘TRACKING THE PROCEEDS OF ORGANISED CRIME – THE MARCOS CASE, March 2000).

The Stolen Asset Recovery Initiative – Asset Recovery Watch updated on 20th July 2017 on the case of Ferdinand Marcos and Imelda Marcos (United States) or the ARW-63. The asset case that started in 1986 and ended in 2006. Which stated this: “According to a 2007 case study by Merceditas Gutierrez, Ombudsman of the Republic of Philippines, from 1986 to 2006, the total value of the assets recovered in the U.S. is less than $50 million. They include: (1) in New Jersey, funds in a bank account and two residences at Princeton Pike and Cherry Hill used by Marcos children (amount not given); (2) administrative settlement relating to four New York buildings (40 Wall Street, Crown Building, Herald Center, and at 200 Madison Avenue); (3) settlement agreements that led to recovery of properties such as the Olympic Tower Apartment, Pendleton Drive property, the Cedars, Summit Drive Beverly Hills, Lindenmere estate and the Makiki Heights property; (4) seizure of various jewelry, art, and other valuables; and (5) funds in Sanwa Bank and shares in California Overseas Bank and Redwood Bank” (StAR Stolen Asset Recovery Initiative – Asset Recovery Watch, 20.07.2017).

That is something from abroad, but if I go back into history in the year of 1993. This sort of case went differently: “Imelda R. Marcos was found guilty of corruption this morning and sentenced to 18 to 24 years in prison. The conviction came seven years after she and her husband, Ferdinand Marcos, were hounded out of the Philippines in a popular uprising. Mrs. Marcos clutched a rosary as her sentence was read in a special anti-corruption court. Outside the packed courtroom, crowds of her supporters held a vigil; opposite them, hundreds of anti-Marcos protesters cheered the former First Lady’s conviction” (New York Times – ‘MARCOS CONVICTED OF GRAFT IN MANILA’ 24.09.1993).

So, in another time, the courts would have done something else today. Still, the history of the Marcos will linger on. It will not be forgotten and the family is not vindicated like she claims. It is a reason why the previous Presidents have tried to recover funds from the plunder. That shouldn’t be forgotten in this matter.

It might been lack of evidence today, but if someone seriously wanted to follow the money. They might have gone to the other authorities that has kept things on file. Where they could have seen the accounts, the spending and even the estates in question. Still, the senator want to look innocent. Even if she knows perfectly well what happened. Peace.

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