Business

Di pa tapos: After graft conviction, court to rule on P200B civil case vs Imelda

This November has a lot in store for the Marcoses.

This November has a lot in store for the Marcoses.

The Sandiganbayan Fifth Division surprised many after handing down a maximum 77-year sentence on Former First Lady now Ilocos Norte Rep. Imelda Marcos, whom they found guilty for seven counts of graft.

In a decision, the court found that Marcos misused her Cabinet position during her husband dictator Ferdinand Marcos’ reign as president by channeling public funds to private organizations she created in Switzerland, worth around $200 million.

Now, the Sandiganbayan Fourth Division is also set to decide on a separate civil case against Marcos, this time over P200 billion worth of ill-gotten wealth which they supposedly stole from public coffers.

On top of this, Ombudsman lawyers are asking for P250 million as damages sought for the recovery of stolen assets, if proven so.

Stay tuned!

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