This morning, I was watching the discussion on Umagang Kay Ganda with regards to the next administration's move to get the alleged Marcoses ill-gotten wealth. One of the guests was a former political prisoner and victim of human rights violation during the Marcos regime. There have been speculations that the Presidential Commission on Good Governance (PCGG) wants the next President to have a settlement with the Marcoses. This would be an out of court settlement that would divide the wealth between the Marcoses and the Philippine Government.
The question is, how much wealth are we talking about?
PCGG Commissioner said that he had a dinner with the former First Lady Imelda Marcos. He asked her directly how much the Marcos wealth is. Imelda answered without a blink of an eye that in a New York bank alone, there is about $1,000,000,000,000. One Trillion Dollars!?!?!?!
How does it look like?
That little guy on the side is a single person. For the comparison, see this.Imagine that money converted to Philippine Peso. Think of how much the government could get from this. That kind of money could run the Philippines for years!
Let's just hope that they indeed could get that ill-gotten wealth back then use the money for the victims of Martial Law and for other government projects that would benefit the Filipino people. They must make sure that the money goes to the people, not to the pockets of the politicians, waiting to cash in on the lot.
No comments:
Post a Comment