Presidential aspirant Ferdinand "Bongbong" Marcos Jr., the son and namesake of the late dictator, waves after casting his vote in the 2022 national elections at Mariano Marcos Memorial Elementary School in Batac, Ilocos Norte, Philippines, on May 9, 2022.MANILA — The son of the disgraced late Philippines dictator Ferdinand Marcos vowed on Tuesday to work for all people after his stunning election victory, and told the world to judge him by his presidency, not his family's past.
Marcos fled into exile in Hawaii with his family during a 1986 "people power" uprising that ended his father's autocratic 20-year rule, and has served in congress and the senate since his return to the Philippines in 1991. Philippine markets were mixed after the vote. Stocks lost as much as 3 per cent at one point, sovereign dollar bonds fell, while the peso currency rose 0.4 per cent against the dollar.
Thousands of opponents of the senior Marcos suffered persecution during a brutal 1972 to 1981 era of martial law, and the family name became synonymous with plunder, cronyism and extravagant living, with billions of dollars of state wealth disappearing.The Marcos family has denied wrongdoing and many of its supporters, bloggers and social media influencers say historical accounts are distorted.
A big win for Marcos was securing President Rodrigo Duterte's daughter as his vice presidential running mate. Sara Duterte-Carpio won more than three times the number of votes compared with her nearest rival and also likely broadened the Marcos appeal in many areas.
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