Aug 29, 2017 @ 19:04

By: Agence France-Presse

Philippine President Rodrigo Duterte mentioned Tuesday the heirs of late dictator Ferdinand Marcos had supplied to return to the federal government a number of the household’s disputed wealth, together with “a few gold bars”.

Marcos and his spouse Imelda had been accused of plundering about $10 billion from state coffers in 20 years in energy. A cold “People Power” rebellion in 1986 chased the household into US exile.

The authorities introduced final month that Duterte, a Marcos ally, might abolish a authorities company that has recovered some 170 billion pesos ($three.four billion) from Marcos and his household.

But Duterte mentioned in a speech to authorities officers: “They (the Marcos family) told me they’ll open everything, and probably return what is uncovered.”

He didn’t identify the Marcos member of the family who had approached him, the full being supplied or the phrases connected to it.

The member of the family had instructed Duterte “we are ready to open and bring (it) back … including a few gold bars”, in accordance to the Philippine president, however the quantity concerned was “not Fort Knox”.

Fort Knox is a vault that shops US gold reserves.

Duterte mentioned he would settle for the Marcos offer and was trying to appoint a retired justice of the Philippine Supreme Court to negotiate with the household on the federal government’s behalf.

Duterte’s announcement was the most recent growth within the outstanding political rehabilitation of the Marcos clan.

Despite the dictator’s death in Hawaii exile in 1989, his household has been making a political comeback within the Philippines together with his widow, Imelda, and their youngsters getting elected to workplace.

No member of the Marcos household went to jail regardless of the federal government restoration of a few of its fortune by litigation and out-of-court settlements.

Duterte has overtly supported the Marcos household, cheering on the Marcos son, Ferdinand Jnr, in his failed bid for the vice-presidency final yr.

The Marcos household is understood to be grooming him for the presidency as nicely, and the son is difficult the results of the vice-presidential vote in court docket in a struggle that would put him within the nation’s second-highest workplace.

Duterte shocked the nation in November final yr by permitting the physique of the late dictator to be buried within the national “Heroes’ Cemetery” regardless of a widespread outcry that his abuses and corruption exempted him from such an honour.

Imelda, the widow of Marcos, denies the household’s wealth is ill-gotten and at instances has mentioned her late husband recovered the treasure of Japan’s World War II General Tomoyuki Yamashita that was looted from throughout Southeast Asia.

“I will accept the explanation whether or not it is true, it does not matter,” Duterte mentioned Tuesday.

What was vital, he mentioned, is it will be “something that really works for the Filipinos”.

Source: politics.com.ph