Video: POOR IMELDA MARCOS WANTS HER DIAMONDS BACK - WORTH P15 BILLION? part of Imelda Marcos

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Last mentioned in Manila : Philippines

Imelda R. Marcos (born Imelda Remedios Visitacion Romualdez on July 2, 1929) is a Filipino politician and wife of 10th Philippine President Ferdinand Marcos. Upon the ascension...

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POOR IMELDA MARCOS WANTS HER DIAMONDS BACK - WORTH P15 BILLION?

www.gmanews.tv Manila, Philippines - Imelda Marcos claims she's going broke. And she has the perfect solution: she wants her loot back. The wife of the late dictator Ferdinand Marcos is demanding that the Philippine government return P15 billion worth of jewelry a collection which includes a Persian-style necklace with more than 100 carats of canary and pink diamonds; tiaras previously owned by European royalty; a 93-carat diamond necklace crafted by renowned Italian designer Gionmoria Buccellati. There is no conceivable way Mrs. Marcos could have paid for the jewels on the ostensible salary of her late husband Ferdinand, who was first president and then dictator of the Philippines. Yet she claims the loot is rightfully hers, and wasn't bought using plundered wealth. The jewels consisting of three collections were seized by or turned over to the Philippine government after the downfall of the Marcos regime in 1986. [See sidebar] In her letter to Presidential Commission on Good Government (PCGG) on May 25, 2009, Mrs. Marcos insisted that she remains the items legitimate owner since the agency has yet to initiate any civil or criminal proceedings in any court for their forfeiture. Mrs. Marcos noted that the PCGG never issued any sequestration or freeze order over the jewels, as mandated by Article 18 of the 1987 Constitution. The Justice Department, however, rejected Mrs. Marcos request, saying that the Malacañang collection is part of forfeiture proceedings pending before <b>...</b>
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