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Monday, June 25, 2007

Imelda, "my father was not given the opportunity."

Former first lady Imelda Marcos said Monday she will not back down in her fight to reclaim the pieces of property purportedly owned by her family, including the P18-billion “Payanig sa Pasig” land in Ortigas, Pasig City.

The first lady said her family can prove that the Marcoses own the property, which she said was acquired even before her husband, the late strongman Ferdinand Marcos, was elected to the Senate.

Last week, Marcos's son, outgoing Ilocos Norte Gov. Ferdinand "Bongbong" Marcos Jr., filed a claim before the Sandiganbayan for the property.

The property, believed to be ill-gotten, was turned over to the government 21 years ago by businessman Jose Yao Campos, Marcos' godfather.

In his 54-page "Complaint-in-Intervention", Marcos said the Presidential Commission on Good Government made a premature and illegal transfer of the shares of stocks of his father's corporations to the government in 1986, which included the said property.

Marcos filed his intervention in two separate lawsuits filed by Ricardo Silverio in behalf of Anchor Estate Corp (Civil Case No. 0147) and Ortigas and Company (Civil Case No. 0093) against the PCGG over the same property

Complete story in http://www.abs-cbnnews.com/storypage.aspx?StoryId=82244


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