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Marcos jewels could be sold after Philippine court rules they're 'ill-gotten'

Published on Jan 14, 2014 1:41 PM
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This photo taken on September 15, 2005 shows a presidential commission on good goverment (PCGG) official showing at the Central bank headquarter in Manila, a tiara inlaid with diamonds and South Sea Pearls from a collection seized by the government from former first lady Imelda Marcos in the late 1980s. A Philippine court has ruled that one of three jewel collections seized from former first widow Imelda Marcos was ill-gotten, potentially paving the way for a mega auction, officials said on January 14, 2014. -- FILE PHOTO: AFP

MANILA (AFP) - A jewellery collection owned by former first lady Imelda Marcos was "ill-gotten", a Philippine court has ruled, potentially paving the way for an auction of millions of dollars worth of seized treasures.

The anti-graft Sandiganbayan court decided on Monday that the Malacanang Collection, the smallest of three confiscated from the Marcos estate and worth some US$150,000 (S$189,807), was rightfully owned by the government.

"Partial judgement is hereby rendered declaring the pieces of jewellery, known as the Malacanang Collection, as ill-gotten, and are hereby forfeited in favour of petitioner Republic of the Philippines," read the 33-page ruling released on Tuesday.

It is one of three collections seized from the Marcos estate, including a 60-piece set featuring a 150-carat Burmese ruby.

 
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