Do the Marcoses have ill-gotten wealth?

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This question was hotly discussed during the past days as the nation marked the imposition of martial law by Ferdinand Marcos on Sept. 23, 1972 (not Sept. 21). In many decisions, the Supreme Court answered this question with a clear and unqualified “Yes.” Let us recall some of them as signed by the different chief […]

September 26,2021 - 09:46 AM

Perhaps the most damning is Republic v. Sandiganbayan penned by J Renato C. Corona, concurred in unanimously by CJ Davide, JJs Bellosillo, Panganiban, Ynares-Santiago, Austria-Martinez, Carpio Morales, Callejo, Azcuna, and Tinga; Puno and Vitug ; Quisumbing and Sandoval-Gutierrez, on official leave; and Carpio, no part; issued during the presidency of Gloria Macapagal Arroyo .

This ruling on the lawful income of the Marcoses at about $304,000 only became crucial in subsequent cases which deemed as ill-gotten any cash, deposit, or asset owned by the couple in excess of such sum. The Court’s First Division, in Estate of Marcos v. Republic , unanimously affirmed a Sandiganbayan decision which “labeled as ill-gotten and forfeited” in favor of the Republic “the pieces of jewelry, known as the Malacañang Collection.” CJ Sereno penned the decision, concurred in by JJs Del Castillo, Reyes, Perlas-Bernabe, and Caguioa; issued during the presidency of Rodrigo Roa Duterte.

 

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