Imelda Marcos, the widow of deposed Philippine president Ferdinand Marcos, has declared her net worth to be 932.8 million pesos (US$22 million), parliamentary records show, as she continues to fight the government over her assets more than two decades after her husband’s reign ended.
Imelda Marcos declared wealth of US$22 million last year, records released late on Thursday showed, which would make her the -second-richest Philippine politician behind boxing hero and congressman Manny Pacquiao.
The amount declared was almost 50 percent higher than in 2010, with the 82-year-old including new assets which were surrendered to the government by her husband’s associates.
A popular revolt toppled Ferdinand Marcos from power in 1986, sending the family fleeing overseas. Manila has since been trying to recover the wealth he and his allies allegedly accumulated through graft during his 20 years in office.
The deposed president died in exile in 1989 and his family was allowed to return home, with his widow elected in 2010 to a congressional seat representing a family stronghold.
Before she was elected Imelda Marcos complained of being nearly penniless, despite living in a luxury condominium unit and frequently appearing in public, bedecked with jewelry.
Her lawyer Robert Sison said his client, known for her jet-set lifestyle and love of shoes, could not touch much of her declared wealth as it had been seized or sequestered by the government.
“The ownership of these properties is being contested and the government is not off the hook,” he said.
Sison said Imelda Marcos’ declared worth rose last year because she added assets that had been surrendered to the government by her husband’s associates, wealth that was previously “overlooked.”
The lawyer said his client was the true owner of the assets and would seek to recover them.
In the Philippines elected officials are required to declare their wealth each year.
Pacquiao, rated by many as the best pound-for-pound boxer in the world, was elected to parliament in 2010 and declared assets worth 1.3 billion pesos.
HOUSES FLOODED: The ground shook in Tonga as explosions were heard, followed by gushing water and pelting rocks, sending people running to higher ground A massive volcanic eruption in Tonga that triggered tsunami waves around the Pacific caused “significant damage” to the island nation’s capital and smothered it in dust, but the full extent was not apparent with communications still cut off yesterday. The eruption on Saturday was so powerful that it was recorded around the world, triggering a tsunami that flooded Pacific coastlines from Japan to the US. Tonga’s capital, Nuku’alofa, suffered “significant” damage, New Zealand Prime Minister Jacinda Ardern said, adding that there had been no reports of injury or death, but a full assessment was not possible with communication lines down. “The tsunami has
Two years ago, Qi Jiayao visited his mother’s hometown of Shaoxing in eastern China. When he tried to speak to his cousin’s children in the local dialect, Qi was surprised. “None of them was able to,” said the 38-year-old linguist, who teaches Mandarin in Mexico. The decline in local dialects among the younger generation has become more apparent in recent years as Chinese President Xi Jinping (習近平) has sought to bolster a uniform Chinese identity. Mandarin is now spoken by more than 80 percent of China’s population, up from 70 percent a decade ago. Last month, China’s State Council promised to
DEMOGRAPHIC CRISIS: Beijing is attempting to address its population decline, including considering raising the retirement age and allowing more than two children China’s birthrate has fallen to its lowest level in six decades, barely outnumbering deaths last year despite major government efforts to increase population growth and stave off a demographic crisis. Across China, 10.62 million babies were born last year, a rate of 7.52 per thousand people, the Chinese National Bureau of Statistics said yesterday. In the same period 10.14 million deaths were recorded, a mortality rate of 7.18 per thousand, producing a population growth rate of just 0.34 per 1,000 people. The growth rate is the lowest since 1960, and adds to the findings of May last year’s once-per-decade census, which found
A powerful earthquake shook parts of Indonesia’s main island of Java on Friday, damaging buildings and houses and sending people into the streets, but no casualties were reported. Officials said there was no danger of a tsunami. The US Geological Survey said the epicenter of the magnitude 6.6 earthquake was in the Indian Ocean about 88km southwest of Labuan, a coastal town in Banten Province. Its hypocenter was at a depth of 37km, it said. Indonesian Agency for Meteorology, Climatology and Geophysics Director Dwikorita Karnawati said there was no danger of a tsunami, but warned of possible aftershocks. High-rises in Jakarta swayed for