Duterte: Marcoses offer to turn over part of their wealth

Metro Manila (CNN Philippines, August 29) — The President said the Marcos family, through a spokesperson, offered to turn over part of their questionable wealth.

"Sabi nila [They said], they'll open everything, and properly return 'yung nakita lang [what is found]," President Rodrigo Duterte said during the mass oath-taking of government officials and appointees Tuesday.

However, Duterte clarified the family will turn over only a small amount of the wealth.

"Sabi niya, baka makatulong, pero hindi ito malaki. 'But we are ready to open and bring back', sabi niya, 'pati 'yung a few gold bars.' Hindi ganoon kalaki, it's not the Fort Knox, it's just a few, but sabi nila isauli nila," he said.

[Translation: It might help, but it's not much.  But we are ready to open and bring back, he said, even a few gold bars. It's not that large, it's not the Fort Knox, it's just a few, but they said they would return it.]

Duterte said the Marcos family kept the wealth because their patriarch, former President Ferdinand Marcos, was only "protecting the economy".     

"I will accept the explanation. Whether or not it is true, wala na eh [it's gone]," Duterte added.

The President also said they are looking for someone to look into accounting the wealth turned over by the Marcos family.

"I'm looking at the former Chief Justice, sila na lang mag-usap, then another CPA, then maybe a representative of all that is accepted, also by all, so that tatlong tao 'yan, mag-usap sa kanila," he explained.

[Translation: I'm looking at the former Chief Justice, they should talk, then another CPA, then maybe a representative of all that is accepted, also by all, so that those three can talk among themselves.]

According to the World Bank-UN Office on Drugs and Crime's (UNODC) Stolen Asset Recovery (StAR) Initiative, former President Ferdinand Marcos started amassing ill-gotten wealth from the government on his first year as President in 1965.

The study revealed Marcos has siphoned an estimated $5-billion to $10-billion in his 21-year regime.

Duterte also bared his plans to create an anti-graft office to replace the Presidential Commission on Good Government (PCGG).

"But I will create another office. I'll just name 'good government'  pero meron na kasi [but there's already one]. Maybe an anti graft, and I'm looking for somebody to handle,"  he said.

The PCGG is the agency assigned to probe and procure the alleged ill-gotten wealth of the Marcoses.