Law needed for return of FM wealth

Law needed for return of FM wealth

PRESIDENT Rodrigo Duterte said he talked with Ilocos Governor Imee Marcos regarding the possible return of some of the Marcoses' wealth to the government.

Two days before, Duterte said in a media interview in Davao City that authorization is needed since "that is money to be recovered by the Government of the Philippines and that was the offer".

According to Duterte, his "acceptance" of the rationale of the Marcos family, through Gov. Imee Marcos, does not mean a final decision on the status of the ill-gotten wealth. He said he accepts the explanation, whether it is true or not, because there is really nothing more to it anymore.

Asked why Duterte cannot pursue negotiations on his own, Abella said, "What we can say is that the President cannot simply be acting on his own, the legislative has to come into play in this case".

Duterte said that the Marcos family said that they wanted "closure" from the issues surrounding their wealth.

"I accepted their explanation because there's no other explanation".

Opposition lawmakers have also objected to the alleged Marcos offer. I do not know anything... "Pag sinabi kong I accept the invitation, it's about time that uh this thing is finally settled", Duterte said.

He said the process on the return of the questioned wealth should start with a legislation from the Congress and not from him.

However, Duterte was categorical in saying that there was no admission of sorts regarding the wealth. "It has to be the law", he said.

There are laws and policies for the recovery of the Marcos wealth, including Executive Order No. 1 issued in 1986, which established the Presidential Commission on Good Government and tasked it with the "recovery of all ill-gotten wealth".

Duterte last week said he wants the PCGG abolished.



Related Posts

Serious Wrong-Way Crash Reported on I-91 South in Wallingford
According to police, Getmen entered the highway heading in the wrong direction and smashed into a vehicle a couple from Watertown. State police say a 77-year-old woman driving the wrong way on Interstate 91 was killed in a head-on crash in Wallingford .

How online gaming took over UK slot machines
This has been proven, and with social anxiety also on the rise, it’s easy to see why. However, that is not to say that gaming online is particularly anti-social.

Selena Gomez & The Weeknd Spotted Playing With Puppies
The two singers were spotted out in N.Y.C. this weekend, strolling hand-in-hand while wearing matching all-black outfits. In all-black ensembles, the adorable couple, Selena Gomez and The Weeknd's twinning style is winning hearts everywhere.

People are dying waiting for an organ
The YEP will this week feature a series of inspiring stories of people who have spoken of their experiences of organ donation. NHS Blood and Transplant says there is a particular need for more black and Asian people to tak about donation.

What will happen to Coutinho at Liverpool after failed Barcelona move - Klopp
There will be some players in the dressing room who are not terribly happy with him and everyone will be keeping a close eye on him.

National alleges $11b hole in Labour's budget
Mr Robertson said the misunderstanding between Mr Joyce and the Labour Party over their budget spending was a matter of "semantics".

Justice is served as new Judge Dredd figure preorders are now open
Despite the hefty price tag of $799.99, there is a 15% discount available for customers who pay in full or opt into a payment plan.

North Korea threat: Britain, Japan agree on closer security ties
Mrs May said: "It gives me the opportunity to sit down with Prime Minister Abe to discuss the action that North Korea has taken". On an official visit to Nigeria, he said Mrs May was "ideally placed" to deliver Brexit and he was "here to support her".

Why Gambling Is Better than Sports Betting
Additionally, they can use these versions to practice various strategies to see which one will earn them the best winning chances. These versions give the gambler a chance to sift through the games to find the best one that resonates with their style.

Gas Prices Will Rise Until October, AAA Says
Patrick DeHaan, senior petroleum analyst for GasBuddy, said "nearly everyone will feel a bit of a pinch at the pump from Harvey". Gas prices are now $2.38 for unleaded regular in Tampa Bay, $2.41 in Florida, and $2.45 nationally.

© 2015 ExpressNewsline. All Rights reserved.