SC forfeits Marcoses' ill-gotten wealth amounting to $658,175,373.60, etc. (G.R. No. 152154; July 15, 2003)

G.R. No. 152154. July 15, 2003;
This is one of the many pieces of jurisprudence that Marcos loyalists do not have time to read or do not want to read. This is only one of the many decisions of the Highest Court regarding the corruption of the Marcos Family. Please see GMA News' special report quoted and cited below.

Below are parts of the Supreme Court decision finding the Marcoses guilty of having amassed ill-gotten wealth at the expense of the Filipino people. The High Court forfeited the Marcos' ill-gotten US$658,175,373.60 in favor of the Government of the Republic of the Philippines.

The judgment portion of the decisions reads: "WHEREFORE, the petition is hereby GRANTED. The assailed Resolution of the Sandiganbayan dated January 31, 2002 is SET ASIDE. The Swiss deposits which were transferred to and are now deposited in escrow at the Philippine National Bank in the estimated aggregate amount of US$658,175,373.60 as of January 31, 2002, plus interest, are hereby forfeited in favor of petitioner Republic of the Philippines."

Other parts of the decision confirming that the Marcos Family wallowed in corruption money are:

[1] "In the various annexes to the petition for forfeiture, petitioner Republic attached sworn statements of witnesses who had personal knowledge of the Marcoses' participation in the illegal acquisition of funds deposited in the Swiss accounts under the names of five groups or foundations. These sworn statements substantiated the ill-gotten nature of the Swiss bank deposits. In their answer and other subsequent pleadings, however, the Marcoses merely made general denials of the allegations against them without stating facts admissible in evidence at the hearing, thereby failing to raise any genuine issues of fact."

[2] "Section 9 of the PCGG Rules and Regulations provides that, in determining prima facie evidence of ill-gotten wealth, the value of the accumulated assets, properties and other material possessions of those covered by Executive Order Nos. 1 and 2 must be out of proportion to the known lawful income of such persons. The respondent Marcos couple did not file any Statement of Assets and Liabilities (SAL) from which their net worth could be determined. Their failure to file their SAL was in itself a violation of law and to allow them to successfully assail the Republic for not presenting their SAL would reward them for their violation of the law."
[3] "Just like the corporations in the aforementioned case, the foreign foundations here were set up to conceal the illegally acquired funds of the Marcos spouses. Thus, they were simply the res in the action for recovery of ill-gotten wealth and did not have to be impleaded for lack of cause of action or ground to implead them."

[4] "In the face of undeniable circumstances and the avalanche of documentary evidence against them, respondent Marcoses failed to justify the lawful nature of their acquisition of the said assets. Hence, the Swiss deposits should be considered ill-gotten wealth and forfeited in favor of the State in accordance with Section 6 of RA 1379: SEC. 6. Judgment.─ If the respondent is unable to show to the satisfaction of the court that he has lawfully acquired the property in question, then the court shall declare such property forfeited in favor of the State, and by virtue of such judgment the property aforesaid shall become property of the State x x x." (G.R. No. 152154. July 15, 2003;
GMA News, in fact, has a special report on Supreme Court decisions confirming the Marcos Family's hidden corruption wealth and the Government of the Philippines' successes in recovering said wealth. Below is the introductory part of the report.

As the country commemorates 45 years since Ferdinand Marcos imposed martial law, the Presidential Commission on Good Government is still saddled with 282 pending cases that seek to recover ill-gotten wealth allegedly amassed by the late President, his family, and their cronies.

More than three decades after Marcos was ousted from MalacaƱang, the Supreme Court is still hearing cases involving the recovery of this wealth.

In at least three decisions, the High Tribunal already has forfeited in favor of the government some of the Marcoses' wealth. The High Tribunal also has ruled that the government can still recover other assets in a 25-year-old forfeiture case from where these rulings emanate.
These rulings forfeited in favor of the Philippine government at least US$658 million in Swiss deposits which Ferdinand and his First Lady Imelda Marcos allegedly stashed under the names of different foundations, more than US$3 million in assets and funds of their alleged dummy company Arelma SA, and a jewelry collection worth more than US$100,000. (The Supreme Court’s rulings on the Marcoses’ ill-gotten wealth Published September 21, 2017 11:44am By KAREN TIONGSON-MAYRINA, GMA News Research;