Editing Ferdinand Marcos (section)

===Ill-gotten wealth ===
{{Main|Unexplained wealth of the Marcos family|Marcos mansions|Marcos jewels}}
{{See also|Presidential Commission on Good Government}}In 2012, the [[Philippine Supreme Court]] ruled all Marcos assets beyond legally declared earnings/salary to be ill-gotten wealth<ref name="scImeldaMarcosvsRP">{{cite court |litigants=Imelda Romualdez-Marcos, vs. Republic of the Philippines |opinion=G.R. No. 189505 |court=Supreme Court of the Philippines |date=April 25, 2012 |url=http://sc.judiciary.gov.ph/jurisprudence/2012/april2012/189434.htm}}</ref> and such wealth to have been forfeited to the government or human rights victims.<ref>{{cite news|newspaper=Philippine Daily Inquirer|url=http://globalnation.inquirer.net/54454/marcoses-lose-us-appeal|title=Marcoses lose US appeal}}</ref>

According to the [[Presidential Commission on Good Government]] (PCOG), the Marcos family and their cronies looted so much wealth from the Philippines that investigators have not determined precisely how many billions were stolen.<ref name="NYTimesHuntForMarcosBillions">{{cite web|url=https://www.nytimes.com/1991/03/31/world/hunt-for-marcos-s-billions-yields-more-dead-ends-than-hard-cash.html?src=pm&pagewanted=1&pagewanted=all|title=Hunt for Marcos's Billions Yields More Dead Ends Than Hard Cash|author=Mydans, Seth|work=The New York Times|date=March 31, 1991}}</ref> PCOG estimated that Marcos stole around $5 billion to $10 billion,<ref name="theDiplomatEndof30">{{cite web|url=https://thediplomat.com/2013/01/end-of-30-year-hunt-for-marcos-billions/|title=End of 30-Year Hunt for Marcos Billions?|author=Hunt, Luke |publisher=The Diplomat, Asian Beat section|date=January 8, 2013}}</ref><ref name="marcosMissingMillions">{{cite magazine|url=http://inthesetimes.com/article/1566/marcos_missing_millions|title=Marcos' Missing Millions|author=Komisar, Lucy|magazine=[[In These Times (publication)|In These Times]]|date=August 2, 2002}}</ref><ref>{{cite book|author1=Ezrow, Natasha M. |author2=Franz, Erica|title=Dictators and Dictatorships: Understanding Authoritarian Regimes and Their Leaders|publisher=Continuum Publishing|year=2011|isbn=978-1-4411-7396-6|page=135|url={{google books|plainurl=y|id=hOzp3xgL1FwC|page=135}}}}</ref><ref>{{cite book|author1=Henry, James S. |author2=Bradley, Bill|chapter=Philippine Money Flies|title=The Blood Bankers: Tales from the Global Underground Economy|publisher=Basic Books|year=2005|isbn=978-1-56025-715-8|page=43|chapter-url={{google books|plainurl=y|id=BzOKgoNfw1AC}}}}</ref> while earning an annual salary equivalent to US$13,500.<ref name="The10BQuestion">{{cite news |author=Nick Davies |date=May 7, 2016 |title=The $10bn question: what happened to the Marcos millions? |url=https://www.theguardian.com/world/2016/may/07/10bn-dollar-question-marcos-millions-nick-davies |url-status=live |archive-url=https://web.archive.org/web/20160508114514/https://www.theguardian.com/world/2016/may/07/10bn-dollar-question-marcos-millions-nick-davies |archive-date=May 8, 2016 |access-date=September 16, 2016 |work=[[The Guardian]]}}</ref>

Among the sources of the Marcos wealth are alleged to be diverted foreign aid, military aid (including to Marcos for sending Filipino troops to Vietnam) and kickbacks from public works contracts.<ref name="timeTakingTollMartialLawVictims">{{cite news |work=ABS-CBN News |url=http://news.abs-cbn.com/focus/07/09/15/time-taking-its-toll-martial-law-victims |title=Time taking its toll on martial law victims |first=Gerry |last=Lirio}}</ref>

In 1990, Imelda Marcos was acquitted of charges that she raided the Philippine's treasury by a US jury. She was acquitted because the jury deemed that US did not have jurisdiction.<ref>{{cite news |last=Glaberson |first=William |title=The Marcos Verdict; The 'Wrong' Court |url=https://www.nytimes.com/1990/07/03/nyregion/the-marcos-verdict-the-wrong-court.html |work=The New York Times |date=July 3, 1990}}</ref><ref>{{cite news|url=https://www.nytimes.com/1990/07/03/nyregion/marcos-verdict-marcos-cleared-all-charges-racketeering-fraud-case.html|title=The Marcos Verdict; Marcos Is Cleared of All Charges In Racketeering and Fraud Case|first=Craig|last=Wolff|newspaper=The New York Times|date=July 3, 1990}}</ref> In 1993, she was convicted of graft in Manila for entering into three unfavourable lease contracts between a government-run transportation agency and another government-run hospital.<ref>{{cite news|url=https://www.nytimes.com/1993/09/24/world/marcos-convicted-of-graft-in-manila.html|title=Marcos Convicted of Graft in Manila|newspaper=The New York Times|date=September 24, 1993}}</ref> In 1998, the Philippine Supreme Court overturned her conviction.<ref>{{cite web|url=http://news.bbc.co.uk/2/hi/asia-pacific/187295.stm|title=Imelda Marcos acquitted|website=news.bbc.co.uk}}</ref> In 2008, Philippine trial court judge Silvino Pampilo acquitted Imelda of 32 counts of illegal money transfer<ref name="nyTimesImeldaAcquitted">{{cite web|url=https://www.nytimes.com/2008/03/11/world/asia/11phils.html|title=Imelda Marcos Acquitted, Again|work=The New York Times|date=March 11, 2008}}</ref> from the 1993 graft conviction.<ref name="imeldaGraft1993">{{cite web|url=https://www.nytimes.com/1993/09/24/world/marcos-convicted-of-graft-in-manila.html|title=Marcos Convicted of Graft in Manila|date=September 24, 1993|work=The New York Times}}</ref> In 2010, she was ordered to repay the Philippine government almost $280,000 for funds taken in 1983.<ref name="imeldaMarcosFastFacts">{{cite web |author= |date=January 24, 2013 |title=Imelda Marcos Fast Facts |url=http://www.cnn.com/2013/01/24/world/asia/imelda-marcos-fast-facts/ |publisher=[[CNN]]}}</ref> In 2012, a US Court of Appeals of the Ninth Circuit upheld a contempt judgement against Imelda and Bongbong for violating an injunction barring them from dissipating their assets, and awarded $353.6 million to human rights victims.<ref name="marcosLosesUSAppeal">{{cite news|url=http://globalnation.inquirer.net/54454/marcoses-lose-us-appeal|title=Marcoses lose US appeal|author=Gil Cabacungan|date=October 29, 2012|newspaper=Philippine Daily Inquirer}}</ref> As of October 2015, she faced 10 graft charges, and 25 civil cases,<ref name="wsj.com">{{cite news|url=https://www.wsj.com/articles/SB10001424127887323494504578343254294114668|title=Hunt for Marcos Riches Winds Down|first=Rhea|last=Sandique-Carlos|newspaper=Wall Street Journal|date=March 7, 2013|access-date=November 9, 2018}}</ref><ref name="newsinfo.inquirer.net">{{cite news|newspaper=Philippine Daily Inquirer|url=http://newsinfo.inquirer.net/734042/imelda-marcos-allowed-to-travel-to-singapore-despite-graft-cases|title=Imelda Marcos allowed to travel to Singapore despite graft cases|first=Marc Jayson|last=Cayabyab}}</ref> down from 900 in the 1990s, as most cases were dismissed for lack of evidence.<ref name="gmanetwork.com">{{cite news|title=Imelda Marcos and her road to vindication|url=http://www.gmanetwork.com/news/story/188960/news/nation/imelda-marcos-and-her-road-to-vindication|access-date=August 25, 2013|work=GMA News|date=April 10, 2010}}</ref>{{Update after|2018|11|9}}

In the 2004 ''Global Corruption Report'', Marcos appeared in the list of the world's most corrupt leaders, behind [[Suharto]].<ref name="transparency.org">{{cite web|title=Global Corruption Report|url=http://www.transparency.org/content/download/4459/26786/file/Introduction_to_political_corruption.pdf|url-status=dead|archive-url=https://web.archive.org/web/20070704093500/http://www.transparency.org/content/download/4459/26786/file/Introduction_to_political_corruption.pdf|archive-date=July 4, 2007|access-date=August 6, 2009|publisher=Transparency International}}</ref> One of Marcos's former Ministers of industry, [[Vicente Paterno]],<ref name="paterno1">{{cite book|url=http://raissarobles.com/2014/11/29/just-before-dying-vicente-paterno-called-dictator-ferdinand-marcos-a-thief/|title=On My Terms|last=Paterno|first=Vicente|publisher=Anvil|date=2014}}</ref> noted that while the amount stolen by Marcos's regime probably fell short of Suharto, Marcos invested outside the Philippines, whereas Suharto mostly invested at home.<ref name="paterno1" />

The [[International Consortium of Investigative Journalists]]' (ICIJ) exposé of [[offshore leaks]] accused Imee  of hiding wealth in [[tax haven]]s in the [[British Virgin Islands]].<ref name="ICIJ Secret Files Expose">{{cite news|title=Secret Files Expose Offshore's Global Impact|url=http://www.icij.org/offshore/secret-files-expose-offshores-global-impact |access-date=April 4, 2013|work=ICIJ}}</ref><ref>{{Cite web|url=http://pcij.org/stories/bir-chief-ready-to-investigate-pinoys-with-offshore-accounts/|title=BIR chief ready to investigate Pinoys with offshore accounts|access-date=October 22, 2013|archive-date=December 4, 2015|archive-url=https://web.archive.org/web/20151204112407/http://pcij.org/stories/bir-chief-ready-to-investigate-pinoys-with-offshore-accounts/|url-status=dead}}</ref>

In 2014, Imelda's former secretary Vilma Bautista was sentenced to prison for conspiring to sell a [[Monet]], [[Sisley]], and other masterpieces.<ref name="inqMarcosSecretaryMonet">{{cite news |title=Imelda Marcos' ex-secretary sentenced over stolen masterpieces |url=http://usa.inquirer.net/8530/imelda-marcos-ex-secretary-sentenced-theft-masterpieces |newspaper=Philippine Daily Inquirer |date=December 6, 2017}}</ref><ref>{{cite news |url=https://www.nytimes.com/2014/01/14/nyregion/aide-to-imelda-marcos-is-sentenced-in-sale-of-masterpieces.html |title=Former Marcos Aide Sentenced in Art Sale |first=James C. Jr. |last=Mckinley |newspaper=The New York Times |date=January 13, 2014}}</ref>

On May 9, 2016, ICIJ released the [[Panama Papers]].<ref>{{cite web |url=https://panamapapers.icij.org/blog/20160509-offshore-database-release.html |title=ICIJ releases database revealing thousands of secret offshore companies |last=Guevara |first=Marina Walker |work=icij.org |date=May 9, 2016}}</ref> Imee and Irene<ref>{{cite web|url=https://offshoreleaks.icij.org/search?c=PHL&cat=2&e=&q=marcos&utf8=%E2%9C%93|title=Search results for marcos|work=icij.org}}</ref> were named, along grandsons Fernando Manotoc, Matthew Joseph Manotoc, and Ferdinand Richard Manotoc, his son-in-law Gregorio Maria Araneta III,<ref>{{cite web|url=https://offshoreleaks.icij.org/search?utf8=%E2%9C%93&q=araneta&c=PHL&e=&commit=Search |title=Search results for araneta |work=icij.org}}</ref> including his son-in-law Tommy Manotoc's relatives Ricardo Gabriel Manotoc and Teodoro Kalaw Manotoc.<ref>{{cite web|url=https://offshoreleaks.icij.org/search?utf8=%E2%9C%93&q=kalaw&c=PHL&e=&commit=Search |title=Search results for kalaw |work=icij.org}}</ref>

On September 3, 2017, then President [[Rodrigo Duterte]] said the Marcos family was ready to transfer their wealth to the government.<ref>{{cite news |work=CNN Philippines |url=http://cnnphilippines.com/news/2017/09/03/president-rodrigo-duterte-marcos-settle-family-wealth.html |archive-url=https://web.archive.org/web/20170903011355/http://cnnphilippines.com/news/2017/09/03/president-rodrigo-duterte-marcos-settle-family-wealth.html |url-status=dead |archive-date=September 3, 2017 |title=Duterte: Marcoses offer settlement on family wealth}}</ref> In January 2018, a draft House Bill proposing a settlement and immunity for the Marcoses was received by the Duterte government in July 2017.<ref name="cnnMarcosDealDuterte">{{cite news |last1=Bacungan |first1=VJ |title=Marcos loyalist proposes deal with gov't on Marcos wealth |url=http://cnnphilippines.com/news/2018/01/01/ferdinand-marcos-oliver-lozano-deal-wealth.html |archive-url=https://web.archive.org/web/20180104213945/http://cnnphilippines.com/news/2018/01/01/ferdinand-marcos-oliver-lozano-deal-wealth.html |url-status=dead |archive-date=January 4, 2018 |work=CNN Philippines |date=January 2, 2018}}</ref><ref name="fbDuterteMarcosHousebill">{{cite web |title=Facebook Gallery: Draft Bill on Compromise Deal Between Marcos and Duterte Government |url=https://www.facebook.com/aleckspabico/posts/10156047759436214 |url-access=limited |archive-url=https://ghostarchive.org/iarchive/facebook/172552851213/10156047759436214 |archive-date=February 26, 2022 |publisher=Friends of Alecks Pabico}}{{cbignore}}</ref>

====Overseas investments ====
{{Excerpt|Overseas landholdings of the Marcos family}}