Home > Regional > Imelda Marcos cleared of graft

  • Print
  • Email

Imelda Marcos cleared of graft

A court in the Philippines has acquitted Imelda Marcos, widow of the country's former president, of 32 counts of illegal transfers of about $863m into Swiss bank accounts.



Imelda Marcos cleared of graft

Imelda Marcos//epa

The ruling by a lower court in Manila on Monday ended the 17-year graft trial of the country's former first lady.

Marcos and two associates were accused of unlawfully opening bank accounts in Switzerland using the names of 10 foundations linked to the Marcos family allegedly to hide ill-gotten wealth.

Passing the court's ruling Judge Silvino Pampino said there was insufficient evidence to convict the former first lady of 32 counts of illegal money transfers abroad during Ferdinand Marcos' 20-year rule.

"This court cannot in all conscience convict the accused on the basis of mere hearsay and on the basis of documents which were not authenticated and proved in the proper manner," he said in his judgement.

Pampino said the prosecution had failed to prove Marcos' wrongdoing beyond a reasonable doubt.

"The accused has the constitutional presumption of innocence."

Marcos, famous for her extravagant lifestyle and huge shoe collection, said she was "so happy and I thank the Lord that the 32 cases have been dismissed".

"This will subtract from the 901 cases that were filed against the Marcoses," she told local television.

During 20 years in power, the Marcoses, their relatives and business cronies were accused of looting up to $10bn from state coffers.

Imelda Marcos herself was accused of spending state money to lavish herself with clothes and jewellery, responding to critics by saying that being beautiful was her "gift" to the Philippine nation.

Since the Marcoses were forced from power only about $1.8bn of the alleged missing billions has been recovered and many of the tycoons suspected of having benefited from ties with the family remain in control of their companies.

Ferdinand Marcos was ousted in an army-backed popular revolt in 1986 and died in exile in Hawaii in 1989.

Imelda Marcos returned to the Philippines in 1991 and was later allowed to bury her husband's remains in a refrigerated crypt in his home town of Batac.

She ran for the presidency in 1998 and lost.


Advertisement

Search Search

Privacy Policy (c) 2007 NMG News Co., Ltd.
1854 Bangna-Trat Road, Bangna, Bangkok 10260 Thailand.
Tel 66-2-338-3000(Call Center), 66-2-338-3333, Fax 66-2-338-3334
Contact us: Nation Internet
File attachment not accepted!