Marcos jewelry already forfeited | Inquirer Opinion

Marcos jewelry already forfeited

/ 12:03 AM April 14, 2014

We refer to the news article titled “Marcoses oppose forfeiture of seized Malacañang jewelry” (News, 4/4/14). In the eighth paragraph, the report says that “Only the Malacañang collection has been declared forfeited by the court. No judgment has yet been handed down on the two other collections.”

May we clarify: The two other collections—known as the Roumeliotes and Hawaii collections—have already been forfeited in favor of government and have been sitting in a Bangko Sentral ng Pilipinas vault for decades.

The Roumeliotes collection was seized at the Ninoy Aquino International Airport by the Bureau of Customs from a Greek national, Demetrious Roumeliotes, as he was attempting to bring the jewelry out of the country in March 1986. The confiscation was

Article continues after this advertisement

affirmed by the Supreme Court on July 18, 1994.

FEATURED STORIES

The Hawaii collection was confiscated from the Marcoses by US authorities in February 1986 when they arrived in Hawaii. The jewelry was then turned over to the Philippine government by the US District Court of Hawaii on Dec. 18, 1992. These items were recovered pursuant to a settlement agreement between the Republic of the Philippines/Presidential Commission on Good Government (PCGG) and Imelda R. Marcos on Oct. 15, 1991, and by virtue of the Conveyance, Grant and Bill executed by Ms Marcos transferring to the PCGG all rights, title and interest in

these items.

Article continues after this advertisement

—NICK V. SUAREZ,

Article continues after this advertisement

public information officer,

Article continues after this advertisement

Presidential Commission

on Good Government

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

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

TAGS: Marcos Ill-Gotten Wealth, nation, news

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

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

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.