In an online media forum last January 13 by 1Sambayan about the ill-gotten wealth of the Marcos family, former Supreme Court (SC) Senior Associate Justice Antonio Carpio said that if Bongbong Marcos (BBM) wins the presidential elections 2022, the recovery of more than P328 billion worth of the ill-gotten wealth and unpaid taxes of his family may go in vain.
The ill-gotten wealth also includes more than P125 billion worth of assets of the Marcoses.
“That’s really the problem because if Bongbong Marcos becomes president, I do not expect the P125 billion to be recovered, anymore. The first thing he’ll do, he’ll probably abolish the [Presidential Commission on Good Government] PCGG,” Carpio stated.
The PCGG was created by the Executive Order No. 1, which primary task is to recover the ill-gotten wealth of the Marcos family.
Carpio also added a “bigger problem” if BBM wins the elections, concerning his unsettled estate tax of P203 billion.
“He’s the administrator of the estate; he has been ordered by the court to pay; he refuses to pay up to now, and nobody seems to hold him to account for that,” Carpio explained.
Carpio concluded his speech by saying that the issue of the ill-gotten wealth and unpaid taxes of BBM and his family is just one of many reasons why BBM should not be elected as president of the country.