Skip navigation Web MSNBC Philippine court acquits Imelda Marcos of counts of illegal money transfers AFX MANILA Thomson Financial A Manila court Monday acquitted former Philippine first lady Imelda Marcos of counts of illegal money transfers made years ago court officials said. Of the cases filed against the widow of former dictator Ferdinand Marcos in the early s just remain her lawyers told Agence France Presse. It was claimed that at the time of her husband s reign he had milked the country of between five and billion dollars. After a year search for the so called hidden Marcos wealth the government has only managed to retrieve million from several Swiss bank accounts. The government s case claimed that bank transfers to foreign accounts in Switzerland between and were carried out illegally by Ferdinand Marcos his wife and an associate who is now dead. But trial court judge Silvino Pampilo ruled that evidence provided by the government failed to prove Imelda Marcos broke! the law. Lawyer for the Marcoses Robert Sison told AFP that it was illegal for individuals to move money overseas without the approval of the central bank. The court dropped the case when the government failed to prove its case he said. Marcos died in exile in Hawaii in . His widow and her family returned to the Philippines in and were hit with hundreds of corruption cases. afp nt nt COPYRIGHT Copyright Thomson Financial News Limited . All rights reserved. The copying republication or redistribution of Thomson Financial News Content including by framing or similar means is expressly prohibited without the prior written consent of Thomson Financial News. Print this Email this Cover U.S. News Politics World News Business Sports Tech Science Entertainment Travel Health Blogs Etc. Weather Local News Newsweek Today Show Nightly News Dateline NBC Meet the Press MSNBC TV About Alerts Newsletters RSS Mobile Podcasts Site Map Help News Tools Jobs Contact Us Terms MSNBC
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Tuesday, 22 April 2008
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