SC junks gov’t bid to claim P51-B from Marcoses, cronies

By: June 19,2018 - 10:24 PM

First Lady Imelda and the late President Ferdinand Marcos. From “Chronology of a Revolution”

The Supreme Court (SC) has nixed the government’s bid to claim P51-billion from the estate of the late Ferdinand Marcos and his cronies for damages over alleged ill-gotten wealth.

The Presidential Commission on Good Government (PCGG) had filed a complaint on July 23, 1987 against the Marcoses and his cronies for alleged connivance to acquire ill-gotten wealth through behest loans.

The complaint identified the respondents as former First Lady Imelda Marcos, representative of the Marcos estate, former construction magnate Rodolfo Cuenca, his son Roberto Cuenca, former Philippine National Bank President Panfilo O. Domingo, former Trade Minister Roberto Ongpin, former Development Bank of the Philippines officer Don Ferry and 11 others.

According to the PCGG complaint, Cuenca and the Marcoses connived to create the Construction and Development Corporation of the Philippines (CDCP) in order to obtain ill-gotten wealth.

But the Sandi-ganbayan, in a ruling on August 5, 2010, dismissed the complaint for insufficiency of evidence since most of the evidence presented consisted of executive issuances of then President Marcos and of court decisions and resolutions.

Executive issuances, the anti-graft court’s ruling explained, were not per se illegal considering that every public official is entitled to a presumption of good faith in the discharge of official duties.

The PCGG had elevated the case to the SC, but the SC’s First Division issued a 28-page decision penned by Associate Justice Noel Tijam that upheld the Sandiganbayan ruling.

“Juxtaposing the specific allegations in the complaint with the Republic’s documentary and testimonial evidence and as against the respondents’ documentary and testimonial evidence showing the dye organization and existence of the CDCP, the Court agrees with the Sandiganbayan that the weight of evidence fails to preponderate in the Republic’s favor,” the SC said.

“In sum, absent preponderant evidence to hold otherwise, the Republic failed to prove that the respondents by themselves or in unlawful concert with one another, accumulated or participated in the accumulation of ill-gotten wealth insofar as the specific allegations in the subject complaint are concerned,” it ruled.

Subscribe to our regional newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
Read Next

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

TAGS: claim, cronies, gov’t bid, junks, Marcoses, P51-B, SC

Subscribe to our regional newsletter

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.