Former Manila congressman and billionaire Mark Jimenez, the “corporate genius” whose checkered historical past in US and Philippine politics made him a colourful determine within the late 1990s and early 2000s, died after struggling a coronary heart assault at four a.m. on Tuesday. He was 70.

Jimenez left behind 13 kids.

“He embodied a story for all of us, one of starting humbly, rising above all his circumstances and eventually choosing a life of service,” his household stated in an announcement issued on Tuesday evening.

“This is the story we choose to remember him by, as his children, all 13 of us, and his chosen children, in District 6 in Manila,” their assertion learn.

Jimenez’s physique will lie at Funeraria Rey in Pandacan on April 27 and 28 with Masses at 7 p.m. and can then be moved to Heritage Park in Taguig City on April 29 and 30 with Masses at 7 p.m. on Saturday.

A ultimate Mass can be held at eight p.m. on Sunday.

Born Mario Crespo, Jimenez made a fortune within the late 1980s after establishing a agency in Miami, Florida, that exported laptop components to Latin American markets.

He turned one in every of Estrada’s trusted confidantes and political operators, later changing into the latter’s adviser on Latin American affairs.

He briefly turned proprietor of the Manila Times newspaper after it got here below large political strain from the Estrada administration because it confronted a P100-million libel swimsuit, which had prompted the Gokongwei household to promote the publication.

Jimenez was elected consultant of the sixth district of Manila in May 2001, after Estrada was ousted by way of the peaceable rebellion often called Edsa 2. But he was unseated in 2002.

While this was taking place, US authorities had been in search of his extradition to the United States as he was indicted on tax evasion charges and election financing offenses for his marketing campaign contributions to the Democratic Party.

He had initially contested his extradition however in December 2002, he provided “voluntary” extradition and left the nation.

On Nov. 14, 2003, he was sentenced to 27 months in jail in Miami, Florida, and fined $1.2 million after pleading responsible to the charges. He served 22 months of his sentence.

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Source: inquirer

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