The Manila Times

Top Stories

  Home  

  About Us  

  Contact Us 

  Subscribe     Advertise  
  Archives     Feedback  

  Register  

  Help  

  Top Stories

  Metro

  Business

  Regions

  Opinion

  World

  Life & Times

  Sports

 
 
 

Tuesday, March 11, 2008

 

Manila court acquits Imelda after 17 years

By Rommel C. Lontayao, Reporter

Former First Lady Imelda Marcos was acquitted Monday of 32 counts of illegal transfer of wealth abroad amounting to about $863 million after a Manila court handed down its decision on the 17-year trial.

Marcos and two other defendants, Roberto Benedicto (who is now deceased) and Hector Rivera, were accused of unlawfully opening dollar accounts in Switzerland to hide the Marcoses’ alleged ill-gotten wealth.

In his 44-page decision, Judge Silvino Pampilo Jr. of Branch 26 of the Manila Regional Trial Court said the prosecution failed to “submit any documentary proof that the three Swiss banks from where the alleged dollar remittances emanated held the dollar notes for accused Marcos.”

The court also found that the prosecution failed to prove its charge of conspiracy among the accused and was unable to present witnesses who can give relevant testimonies to the case.

Pampilo emphasized that the prosecution should have presented enough evidence, noting that the case “must rise or fall on the strength of its own evidence, never on the weakness or absence of that of the defense.”

The government’s case claimed that 32 bank transfers to foreign accounts in Switzerland between 1968 and 1976 were carried out illegally by Ferdinand Marcos, his wife and Bendicto.

The court recognized the length of time spent on the case trial, which started when former Solicitor General Francisco Chavez filed the cases against Marcos in 1991 for allegedly violating Central Bank foreign exchange restrictions.

“The Court is cognizant of the fact that the government has expended untold time, effort, and money in the prosecution of these cases, but the accused has the Constitutional presumption of innocence. The prosecution in these cases failed to discharge the burden of proof required in criminal cases,” the decision stated.

Imelda pleased

Imelda Marcos, now 78, smiled broadly as she walked from court, saying “I am happy because the truth of the Marcoses is going to be justice.”

Of the 901 cases filed against her in the early 1990s just 10 remain, her lawyers said.

Her late husband ruled the Philippines for 20 years, then fled into exile in 1986 with his family after he was overthrown in a “people power” revolution led by the Roman Catholic Church and breakaway elements of the military.

At the time it was claimed he had milked the country of between $5 billion and $10 billion.

After a 22-year search for the so-called hidden Marcos wealth, the government has only managed to retrieve 683 million from several Swiss bank accounts.

The latest case was filed in 1991 by the Philippine government.
-- With AFP

   

Phgifts

philflora.gif

Manila Times Friends

 
Sponsored Links
 

Back To Top

 
 
 

Severino O. Frayna Jr., Benjie Dela Rosa
Powered by: 
The Manila Times Web Admin.

  

Home | About Us | Contact | Subscribe | Advertise | Feedback | Archives | Help

Copyright (c) 2001 The Manila Times | Terms of Service
The Manila Times Publishing Corp. All rights reserved.

Hosted by: