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PCGG’s Existence cannot be Justified and can Discontinue


welcome By: Elena Grace Flores
LA Times reported: The PCGG is a small operation — it currently has only three commissioners and about 100 staffers — but as of December, it had recovered about $3.6 billion of the Marcos dictatorship’s ill-gotten gains, some of it from accounts in Switzerland. It has organized several educational events at universities to promote awareness of Marcos Sr.’s massive plunder of the country’s wealth. The organization is working to recover more than 200 of Marcos’ paintings, including works by Michelangelo, Monet, Rembrandt, Picasso and Van Gogh. The collection is estimated to be worth between $150 million and $300 million. Only about 14 works have

Alex Magno, a political science professor at University of the Philippines and columnist for the Philippine Star, questioned the organization’s future prospects. “The cost of maintaining the commission does not justify it existing,” he said. “So if there is a head-on conflict between Marcos and the PCGG, the PCGG folds.” “They have gotten what they could,” he continued. “The rest will take a few centuries of litigation. The cost of litigation is not commensurate to the amount of wealth they can possibly retrieve.”

Outgoing President Aquino — the son of Corazon Aquino, who established the commission. He has been one of Marcos Jr.’s most strident critics. “If he can’t see what his family did wrong, how will we know that it won’t happen again?” said Aquino as he urged Marcos to apologize to the people on what his father allegedly did. Will Pnoy apologize for what his father did using media propaganda to destroy the country?

Reference: http://www.latimes.com/world/asia/la-fg-philippines-marcos-20160506-snap-story.html

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