MANILA - The possible abolition of a government agency tasked with recovering the alleged ill-gotten wealth of the Marcos family will not affect its planned planned sale, a finance official said Thursday. <\/p>\n
At least 3 jewelry collections of former first lady Imelda Marcos were valued at P1 billion at a re-appraisal by auction houses Christies and Sotheby's last February. <\/p>\n
The jewels will be placed on the auction block once legal cases are resolved, finance undersecretary Grace Karen Singson said. <\/p>\n
\"I don't understand why everyone is panicking the cases are always handled by the OSG (Office of the Solicitor General), [while] the disposition must always be approved by DOF, so wala naman nagbago (nothing has changed),\" she said. <\/p>\n
Budget Secretary Benjamin Diokno said last week that he favored the abolition of the Presidential Commission on Good Government, saying it was no longer necessary. <\/p>\n
Former President Benigno Aquino, whose mother, former president Corazon Aquino, constituted the PCGG, said on Tuesday that the agency's work was not done yet. <\/p>\n
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Marcos jewels sale to push through even if PCGG is abolished - ABS-CBN News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" MANILA - The possible abolition of a government agency tasked with recovering the alleged ill-gotten wealth of the Marcos family will not affect its planned planned sale, a finance official said Thursday. Continue reading