The Marcos administration’s privatization income was cut by more than half at end-September, failing to meet targets despite the ₱820 million contribution from the Presidential Commission on Good Government (PCGG). Data from the Bureau of the Treasury (BTr) showed that revenues from the...
A successful compromise agreement—a process initiated during the previous administration—added ₱714 million to national coffers last May, coming from the current owner of a Monet painting that had been sold overseas and formed part of the ill-gotten wealth of the late strongman Ferdinand E....
A rare remittance from the Presidential Commission on Good Government (PCGG)—reportedly proceeds from the sale of a Claude Monet painting considered as ill-gotten wealth by the family of strongman Ferdinand Marcos Sr.—has helped triple the Marcos Jr. administration’s privatization revenues in...
The Sandiganbayan has approved the compromise agreement between the Presidential Commission on Good Government (PCGG) and the heirs of a former official during the reign of the late President Ferdinand Marcos Sr. for the return of funds and properties to the government. In an eight-page resolution...
For filing their pleading beyond the allowable five-year period, the Sandiganbayan has denied the motion for execution of Palm Avenue Holding Co., Inc. and Palm Avenue Realty Development Corporation for the release their sequestered funds and shares of stocks. Palm Avenue Holding Co.,...
President Marcos has appointed another commissioner to the Presidential Commission on Good Governance (PCGG), an agency mandated to go after the Marcos family's ill-gotten wealth. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos named lawyer Elihu Ybañez as PCGG commissioner. He...
The Sandiganbayan has ordered the execution of its July 18, 2023 resolution as part of its Feb. 21, 2023 decision which declared that 60 percent of the shareholdings of Lianga Bay Logging Co., Inc. (LBLCI) belonged to its employees. Also ordered executed was the court's ruling that held businessman...
The Sandiganbayan has denied the motion to reconsider the court's decision that dismissed the civil case for forfeiture and reconveyance of alleged ill-gotten wealth filed against the late President Ferdinand E. Marcos, his wife Imelda, and their alleged cronies. Civil Case No. 0024, filed in...
Presidential Commission on Good Government (PCGG) Chairman John Agbayani admitted to House members Wednesday morning, Aug. 24 that the agency won't be filing any new cases against the Marcos family on the issue of ill-gotten wealth. PCGG Chairman John Agbayani (Screenshot from Facebook live)...
The Commission on Audit (COA), on Wednesday, June 8, flagged the Presidential Commission on Good Government (PCGG) for unreliable accounting in the agency’s “Abandoned/ Surrendered Property/Assets,” noting that it had left unreported over 100 items in its inventory which include artworks and...
The camp of presumptive president Bongbong Marcos issued a challenge Friday, May 13 to former Commission on Elections (Comelec) Chairman Andy Bautista in connection with the Picasso painting issue. (Screenshot from Vic Rodriguez's Facebook) The issue began with the sighting of an alleged lost...
ILOILO CITY – Former Iloilo provincial governor Arthur Defensor Sr. has warned that electing presidential candidate Ferdinand “Bongbong” Marcos Jr. might bring another dictatorship to the country. “If you’re voting for Marcos, that’s a vote for a possible restoration of dictatorship,”...
