SC affirms forfeiture of Imelda Marcos’ 3rd jewelry set

By: Lian Buan

Source: Rappler.com

The jewelry set, worth as much as $153,089, is the 3rd of Imelda Marcos’ collections to be forfeited in favor of the government

ILL-GOTTEN. This file photo taken on September 15, 2005 shows a tiara inlaid with diamonds and South Sea pearls from a jewelry collection seized by the government from former First Lady Imelda Marcos in the late 1980s. File photo by Joel Nito/AFP

 

MANILA, Philippines – The Supreme Court (SC) affirmed an earlier court ruling ordering the forfeiture of a jewelry collection worth as much as $153,089, which belonged to former First Lady Imelda Marcos.

The SC First Division denied the petition for certiorari filed by Marcos and her daughter Irene Marcos-Araneta which sought the reversal of the Sandiganbayan’s January 2014 decision declaring the jewelry collection as ill-gotten wealth.

Known as the Malacañang Collection, the jewelry set is the latest of Marcos’ 3 collections which were disputed in court and have been stored in a bank vault for decades. The other two collections had already been forfeited in favor of the government.

The collection is worth $110,055 to $153,089, according to the Sandiganbayan. Compared to the other two collections, the Malacañang Collection is made up of smaller, less expensive jewelry that the Marcoses left behind when they fled the country in 1986.

In the decision penned by Chief Justice Maria Lourdes Sereno, the SC said the former First Lady and her daughter “failed to satisfactorily show that the properties were lawfully acquired; hence, the prima facie presumption that they were unlawfully acquired prevails.”

The court noted that the Marcoses’ legitimate income from 1966 to 1986, during which the jewelry were supposedly acquired, only reached $304,372.43.

“We reiterate what we have already stated initially in Republic v. Sandiganbayan, and subsequently in Marcos v. Republic: that ‘whenever any public officer or employee has acquired during his incumbency an amount of property which is manifestly out of proportion to his salary as such public officer or employee and to his other lawful income and the income from legitimately acquired property, said property shall be presumed prima facie to have been unlawfully acquired,” the SC said.

The SC also found no merit in the Marcoses’ arguments that they were deprived of due process, saying “the allegations are utterly baseless.”

The Marcoses’ jewelry collections, worth at least $8 million, are kept in the vaults of the Bangko Sentral ng Pilipinas. The government plans to ultimately auction them off.

In a separate case, the former First Lady on Thursday, February 16, will face her last day on trial over graft charges which stemmed from complaints that she maintained private financial interests in Switzerland from 1978 to 1984 while she was governor of Metro Manila. – Lian Buan / Rappler.com

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