Bongbong Marcos earlier said in an interview with CNN’s The Source, that it has been the family’s intention to settle cases regarding the wealth of his late father. However, when it comes to the alleged Martial Law Human Rights victims’ claims, it’s the government’s jurisdiction. Recently, the court denied claimants of the $2-billion (P100-billion) compensation they have been asking from the government.
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Compensation Using Sequestered Wealth
The government is working on awarding compensation to claimants using the $10 billion in Marcos wealth awarded by the Swiss Federal Supreme Court in 1997. This was the account transferred to the Philippine treasury by the Swiss Federal Court in 2004. This follows after the Supreme Court here ordered to forfeit the Marcos family’s Swiss deposits in 2003.
$2 Billion Motion Lacks Merit
Thousands of human rights victims under the rule of former President Ferdinand Marcos are again denied of the $2-billion (P100-billion) compensation they have been asking from the government. The Court of Appeals in its January 3 decision junked the martial law victims’ motion for reconsideration of their claim, for lack of merit. In its July 7 decision, the Court of Appeals rules that the 1995 U.S. Hawaii District Court $2 billion award for damages to the alleged 10,000 victims of human rights abuses under the Marcos’ regime cannot be enforced in the Philippines. The Makati Regional Trial Court said the same thing in 2013.
PCGG Knows Better
The only son of the late President Marcos stresses that with regards to the overall amount of these cases, PCGG ex-chairman Andres Bautista knows better. The former Senator also said that the government can have what they can find. He suggests asking ex-PCGG Chairman Andres Bautista to account what they have sequestered. He floats the idea that the Chair deposited some big money in small rural banks under the watch of his allies.
Cases Over 30 Years
Presidential Commission on Good Government (PCGG) Acting chairperson Reynold Munsayac reveals 282 pending cases against the Marcos family and cronies. Bongbong Marcos believes that these are dragged for over 30 years now due to political reasons. These cases must be settled with the cooperation of all parties involved. Although, he rejects the idea of immunity because he’s not the accused here. It’s also a case of double jeopardy if the heirs face a criminal trial. Double jeopardy is a defense that prevents the accused from another trial on the same charges and on the same facts after a valid acquittal or conviction. It’s the settlement in the case of the Marcoses.