PCGG awaiting formal order on auction of Marcos jewels

By Benjamin Pulta/Philippine News Agency

MANILA — The Presidential Commission on Good Government (PCGG) is awaiting more specific directives and the formal order of President Rodrigo Duterte to auction the jewelry collection of former First Lady Imelda Marcos.

“There is no formal action yet from President Rodrigo Duterte,” said Justice Secretary Menardo Guevarra on Monday.

“We’ll wait for PRRD’s action on the memo submitted to his office last Thursday,” said Guevarra, noting that the Chief Executive “may have some specific instructions”.

Presidential Spokesperson Salvador Panelo earlier confirmed that the President has approved the sale of the jewelry collection through public auction.

On Monday, Panelo said Malacañang will oppose moves of the Marcos family to block the sale of the PHP700-million jewelry collection.

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”.

Marcos’ so-called Hawaii Collection is under the safekeeping at the Bangko Sentral ng Pilipinas (BSP).

The collection was recovered when the Marcoses, including former President Ferdinand Marcos, fled the country in 1986.

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

Popular

PBBM ‘all ears’ to public concerns amid weakening Peso, various challenges

By Dean Aubrey Caratiquet In a briefing late Thursday, Presidential Communications Office (PCO) Undersecretary and Palace Press Officer Claire Castro assured Filipinos that President Ferdinand...

PBBM: Balanga Green Mobility Hub to kick-off nationwide transition towards sustainable mobility

By Dean Aubrey Caratiquet With geopolitical tensions in the Middle East and the ensuing global energy crisis accelerating the shift away from fossil fuels towards...

PBBM reaffirms respect for BARMM Parliament’s autonomy

By Dean Aubrey Caratiquet Reinforcing his support for long-lasting peace in Mindanao, President Ferdinand R. Marcos Jr. reiterated his respect for the Bangsamoro region’s autonomy...

PBBM hails 46-medal haul of Filipino fencers at 2026 SEAFF Championships

By Dean Aubrey Caratiquet With a renewed focus on sports, the administration maintains its steadfast commitment to supporting Filipino athletes and providing them with adequate...