Connect with us

Philippine News

Government reaffirms commitment to recover ill-gotten wealth

Published

on

Wikipedia photo

Wikipedia photo

MANILA — The Philippine government remains committed to recovering illegally acquired wealth despite facing numerous challenges, a Palace official said Wednesday.

Presidential Communications Operations Office (PCOO) Secretary Herminio Coloma Jr. said during a press briefing that he is aware of Presidential Commission on Good Government (PCGG) Chairman Andy Bautista’s statement that, given its experience in running after the Marcoses for the past 30 years, the Commission is likely to encounter challenges in recovering the wealth that alleged pork barrel mastermind Janet Lim Napoles has amassed illegally.

“Ipinunto niya (Bautista) na simula pa ‘nung 1986, na halos 30 taon na ang nakalilipas, ay nagsisikap ang pamahalaan na ma-recover nga, ‘yung alleged ill-gotten wealth,” Coloma said.

“Bagama’t mayroong mga hamon at balakid, katulad ng kanyang isinalaysay, determinado pa rin ang pamahalaan na pairalin ang batas,” he added.

The government will continue to pursue the recovery of ill-gotten wealth regardless of who the culprits are, Coloma said.

According to state witnesses, Napoles has deposited millions of dollars in US banks and has made huge investments in US properties.

In the records of key whistleblower Benhur Luy alone, Napoles’ dollar remittances ranged from US$ 30,000 to US$ 100,000 almost every week in 2011.

She and three senators are facing plunder charges before the Sandiganbayan.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle4 days ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle2 weeks ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle2 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle2 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver3 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver3 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver4 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver5 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver5 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...

Maria in Vancouver6 months ago

7 Creative Ways to Propose!

Sometime in April 2022, my significant other gave me a heads up: he will be proposing to me on May...