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For this purpose, Congress allocated ₱10 billion from funds transferred to the Philippine government by virtue of the December 10, 1997, Order of the Swiss Federal Supreme Court, adjudged by the Supreme Court of the Philippines as final and executory in Republic vs. Sandiganbayan on July 15, 2003, (G.R. No. 152154) as Marcos ill-gotten wealth ...
The Presidential Commission on Good Government (PCGG) is a quasi-judicial government agency of the Philippines whose primary mandate is to recover the ill-gotten wealth accumulated by Ferdinand Marcos, his immediate family, relatives, subordinates and close associates, whether located in the Philippines or abroad.
A 2005 image of 40 Wall Street, one of four Manhattan buildings purchased by the Marcoses in the early 1980s. The overseas landholdings of the Marcos family, which the Philippine government [1] [2] and the United Nations System's Stolen Asset Recovery Initiative [3] consider part of the $5 billion to $13 billion "ill-gotten wealth" of Ferdinand and Imelda Marcos, are said to be distributed ...
The Stonehill scandal, named after American expatriate businessman Harry Stonehill, [1] was a 1962 bribery scandal in the Philippines which implicated high level government officials, including President Diosdado Macapagal, [2] future President Ferdinand Marcos, [2] [3] former President Carlos P. Garcia, [3] and numerous other top Philippine officials, who were accused of accepting bribes to ...
Due to the ideological split known as the Second Great Rectification Movement, the Negros Regional Party Committee of the New People's Army broke away from the Communist Party of the Philippines in 1996 and formed the Rebolusyonaryong Partido ng Manggagawà ng Pilipinas ("Revolutionary Workers' Party of the Philippines"). It organized its ...
A preventive war is an armed conflict "initiated in the belief that military conflict, while not imminent, is inevitable, and that to delay would involve greater risk." [1] The party which is being attacked has a latent threat capability or it has shown that it intends to attack in the future, based on its past actions and posturing.
When you think about wasting money, irresponsible splurging and lifestyle inflation probably come to mind -- but you can squander your financial security just as easily through the actions you don ...
The Philippines also became the distribution center of silver mined in the Americas, which was in high demand in Asia, during the period. [20] In exchange for this silver, the Philippines very much functioned like a trade entrepot between the nations of South, East and Southeast Asia and the territories in Spanish North and South Americas ...