Manila to Charge Marcos With Theft
The Philippine government plans to file corruption charges today against deposed President Ferdinand E. Marcos, his wife Imelda and a string of business associates, officials said Monday.
The Marcoses and seven other people will be charged with “misappropriation and theft of public funds, plunder of the nation’s wealth, extortion, blackmail, bribery, embezzlement and other acts of corruption, betrayal of public trust and brazen abuse of power.”
The Presidential Commission on Good Government has so far sought $27.8 billion in damages from the Marcoses. The two latest lawsuits seek a combined amount of $5.1 billion.
Marcos’ lawyer predicted that the damages claim against his client eventually would top $150 billion--about 15 times the national budget.
Marcos has threatened to sue the Philippine government for $15 billion over charges that he amassed a fortune from the country while he was president.
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