CLAIM: No stolen Marcos money has been found

President Rodrigo Duterte repeated on May 5 the claim long debunked by the courts that no money stolen by the Marcoses had ever been found.

“‘Yung pera ninakaw, e hanggang ngayon wala naman silang nakita,” Duterte told the televangelist Apollo Quiboloy in an interview on the latter’s SMNI television network. Duterte and Quiboloy were talking about the consequences of Vice President Leni Robredo defeating Ferdinand Marcos Jr. in the presidential election.

This false claim is easy to debunk, as no less than the Supreme Court, in a ruling way back on July 15, 2003, deemed ill-gotten $658.2 million in Marcos deposits seized from Swiss banks, and ordered the amount forfeited in favor of the Republic of the Philippines. The amount was beyond the lawful income of Marcos Jr.’s parents, the late dictator Ferdinand Marcos and ex-first lady Imelda Marcos, the ruling stated.

The high court on March 12, 2014 also ruled with finality on the forfeiture of millions in Marcos assets stashed under the so-called Arelma account.

Read the full story on Fact Checked by PressOnePH.

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