The Straits Times
Published on Sep 06, 2012

Philippines plans to put Imelda jewels on display


MANILA (AFP) - The Philippines said on Thursday it planned to soon put on public display jewels seized 26 years ago from former first lady Mrs Imelda Marcos, hoping they will be a tourist draw.

The collection, worth at least US$8 million (S$10 million), have sat in a bank vault for decades after being seized as part of assets allegedly plundered by the Marcos family before it fled to the United States (US) exile in 1986, after 20 years in power.

The government plans to ultimately auction them off after putting them on display, said Mr Maita Gonzaga, a senior official at the Presidential Commission on Good Government.

"They can attract tourists, (and) also (show) that there are certain lessons of the past that should not be forgotten. These are actual tangible evidence of plunder," Mr Gonzaga said.