The Supreme Court (SC) has affirmed the acquittal of former first lady and now Ilocos Norte Rep. Imelda Marcos on her dollar salting case for illegally stowing away millions of dollars in Swiss bank accounts. ADVERTISEMENTThis was despite the existence of dollar accounts linked to Marcos foundations in Switzerland. Pampilo earlier said the government failed to prove that Marcos and a deceased associate conspired not to report dollar earnings from foreign bank accounts. Dollar salting is committed when dollars are removed from the Philippines without approval from the Central Bank and transferred to an account outside the county. Leonen noted that “apathetic prosecution allows impunity” and that in this case, the prosecution could have done better.

Source: Philippine Daily Inquirer September 21, 2018 07:28 UTC