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$12.68 suit against 15 Filipino businessmen

NZPA-Reuter Manila Government lawyers have filed a SUS7.S billion ($12.68) suit against 15 Philippine businessmen as part of a campaign to recover wealth alleged to have been stolen during the 20-year rule of the former President, Ferdinand Marcos. A Government commission said the accused, including a relative of Mr Marcos’ wife, Imelda, acted as business fronts for the former strongman, w “The wrongs committed ■£-— - - -A— -

by defendants, acting singly or collectively and in unlawful concert with one another, include theft of public funds, plunder of the nation’s wealth, extortion, blackmail and other acts of corruption,” the commission said. The suit was the fourteenth case filed against relatives and associates of the Marcos’ since July 16. It brought to $U547.58 the total amount of damages sought from more than 100 people linked with Mr Marcos. —- i ■

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19870728.2.130.3

Bibliographic details

Press, 28 July 1987, Page 23

Word Count
141

$12.68 suit against 15 Filipino businessmen Press, 28 July 1987, Page 23

$12.68 suit against 15 Filipino businessmen Press, 28 July 1987, Page 23