Palace to oppose moves to block sale of Marcos jewelry

By Azer Parrocha/Philippine News Agency

Former First Lady and now Ilocos Norte 2nd District Rep. Imelda Marcos (File photo)

MANILA — Malacañang on Monday said it will oppose moves of the Marcos family to block the sale of the PHP700-million jewelry collection of former first lady, now Ilocos Norte 2nd District Rep. Imelda Marcos.

“If they (Marcos family) do (oppose the sale of the jewelry collection), then we will oppose it,” Presidential Spokesperson and Chief Presidential Legal Counsel Salvador Panelo said in a Palace briefing.

“That’s the right thing to do. We feel that as the President says, the proceeds have to go to the Filipino people who are in urgent need of government aid,” he added.

Panelo earlier confirmed that President Rodrigo Duterte has approved the sale of the jewelry collection through public auction.

Panelo emphasized that the Supreme Court (SC) has also ruled that the jewelry collection is part of ill-gotten wealth.

“Well, as far as we are concerned, these properties have been declared to be ill-gotten, that’s why precisely it is to be solved. If that was the court decision then we have to abide by it,” Panelo said.

Panelo, meanwhile, said it will be up to the Marcoses’ lawyers to decide whether they would block the sale of the jewelry collection.

“I don’t know about their lawyers. It’s the lawyer’s job. I can’t read their minds,” Panelo said.

Earlier, Panelo said Duterte has directed that proceeds from the jewelry collection would be given to Filipinos “who are in urgent need of government aid with dispatch.”

Despite Duterte’s ties with the Marcos family, Panelo reiterated that Duterte will continue to set aside political alliances to put the people’s interest first.

For the latest updates about this story, visit the Philippine News Agency website

Popular

Malacañang: PBBM hopeful SCS Code of Conduct will be finalized

By Ruth Abbey Gita-Carlos  | Philippine News Agency President Ferdinand R. Marcos Jr. remains optimistic that negotiations for a Code of Conduct (COC) in the...

Malacañang: Gov’t ready to counter cyberattacks on agencies

By Ruth Abbey Gita-Carlos  | Philippine News Agency Malacañang on Thursday said the government is prepared to respond to cyberattacks targeting government agencies, following reports...

More than 231K teachers to receive laptops under PBBM admin’s education thrust

By Dean Aubrey Caratiquet Consistent with the administration’s firm resolve towards uplifting the education sector, the Department of Education (DepEd) announced its staged rollout of...

PBBM expands Lima economic zone in Batangas

By Dean Aubrey Caratiquet Unfazed by global headwinds, the administration continues to funnel resources into strategic locations that would help drive investments, boost employment, and...