Duterte gives official consent for Marcos jewelry auction - News Summed Up

Duterte gives official consent for Marcos jewelry auction


Duterte gives official consent for Marcos jewelry auction 0 SHARES Share it! Share TweetBy Genalyn KabilingPresident Duterte has given his official consent allowing the public auction of former First Lady Imelda Marco’s jewelry collection worth P700 million, Malacañang announced Tuesday. In his visit to Japan last week, the President has approved the sale of the jewelry from the Marcos family reportedly worth P700 million through public auction. The jewelry collection, which reportedly included diamond-studded tiaras, bracelets, and necklaces, was seized in Honolulu, Hawaii where the Marcos family fled in 1986 following the EDSA People Power Revolution that ended the strongman’s rule. Panelo recently said the upcoming public auction of the jewelry collection seized from the Marcos family demonstrates that President Duterte makes decisions based on public interest and not on friendship or political alliance.


Source: Manila Bulletin June 04, 2019 05:48 UTC



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