PCGG: 16 vehicles recovered in Marcos ill-gotten wealth case | ABS-CBN
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PCGG: 16 vehicles recovered in Marcos ill-gotten wealth case
PCGG: 16 vehicles recovered in Marcos ill-gotten wealth case
MANILA – The Presidential Commission on Good Government (PCGG) said it recovered several motor vehicles involved in a recently junked ill-gotten wealth case.
MANILA – The Presidential Commission on Good Government (PCGG) said it recovered several motor vehicles involved in a recently junked ill-gotten wealth case.
"The Supreme Court Decision dated 08 February 1989 declared the properties acquired by defendant Timbol as ill-gotten and forfeited in favor of the Republic. A writ of execution was then issued, transferring the custody of the said vehicles to the PCGG. By virtue of the writ of execution, the PCGG was able to successfully recover the 16 forfeited motor vehicles," the PCGG said in a statement.
"The Supreme Court Decision dated 08 February 1989 declared the properties acquired by defendant Timbol as ill-gotten and forfeited in favor of the Republic. A writ of execution was then issued, transferring the custody of the said vehicles to the PCGG. By virtue of the writ of execution, the PCGG was able to successfully recover the 16 forfeited motor vehicles," the PCGG said in a statement.
The statement comes days after the Sandiganbayan Second Division dismissed Civil Case No. 0032 due to nearly four decades of inaction by state prosecutors.
The statement comes days after the Sandiganbayan Second Division dismissed Civil Case No. 0032 due to nearly four decades of inaction by state prosecutors.
The case was filed by the PCGG in July 1987 against the late former President Ferdinand Marcos Jr., former First Lady Imelda Marcos and former Malacañang photographer Fernando Timbol.
The case was filed by the PCGG in July 1987 against the late former President Ferdinand Marcos Jr., former First Lady Imelda Marcos and former Malacañang photographer Fernando Timbol.
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The suit involves 21 motor vehicles and household appliances worth P5 million "unlawfully acquired" by Timbol, which should be returned to government.
The suit involves 21 motor vehicles and household appliances worth P5 million "unlawfully acquired" by Timbol, which should be returned to government.
The Sandiganbayan resolution said a writ of execution was issued and custody of said vehicles were transferred to the PCGG, as reflected in the Sheriff's Progress Report on March 31,1989 and Sheriff's Return on January 8,1990.
The Sandiganbayan resolution said a writ of execution was issued and custody of said vehicles were transferred to the PCGG, as reflected in the Sheriff's Progress Report on March 31,1989 and Sheriff's Return on January 8,1990.
However, the Second Division noted the writ of execution for the household appliances subject to the case "was left unsatisfied" because they can no longer be identified by the one who conducted inventory.
However, the Second Division noted the writ of execution for the household appliances subject to the case "was left unsatisfied" because they can no longer be identified by the one who conducted inventory.
In the same statement, the PCGG said the proceedings "remained in the docket" until the Sandiganbayan set a case conference on January 21,2025.
In the same statement, the PCGG said the proceedings "remained in the docket" until the Sandiganbayan set a case conference on January 21,2025.
"During the said conference, the PCGG manifested that it has no objection if the court will consider the case closed and terminated considering that the Commission has satisfied the writ of execution with the successful turnover of the properties sought to be recovered. Given this, the Office of the Solicitor General (OSG) was also amenable to the closure and termination of the case," it said.
"During the said conference, the PCGG manifested that it has no objection if the court will consider the case closed and terminated considering that the Commission has satisfied the writ of execution with the successful turnover of the properties sought to be recovered. Given this, the Office of the Solicitor General (OSG) was also amenable to the closure and termination of the case," it said.
The PCGG noted the Sandiganbayan's eventual dismissal of the ill-gotten wealth case.
The PCGG noted the Sandiganbayan's eventual dismissal of the ill-gotten wealth case.
Read More:
Presidential Commission on Good Government
Sandiganbayan
President Ferdinand Marcos Sr.
Imelda Marcos
Fernando Timbol
ABSNews
PCGG
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