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...battle to bring Marcos to justice--and his millions back to his homeland --is fraught with difficulties. For one thing, the Philippines does not have an extradition treaty with the U.S. For another, said Jovito Salonga, chairman of the Commission on Good Government, it will not be easy to disentangle the "layers of corporations" and the maze of intermediaries that Marcos used as a front. "Not once do you find the name of Marcos on any of the New York papers," said Salonga in a conversation with TIME editors in New York. "He's a very clever lawyer." The chase...

Author: /time Magazine | Title: The Philippines Purging Marcos' Legacy | 4/7/1986 | See Source »

...documents arrived at the office of New York Democrat Stephen Solarz, chairman of the House Subcommittee on Asian and Pacific Affairs, in three bulging brown folders. Hours before, at the State Department, an identical package had been delivered to Jovito Salonga, head of the official Philippine commission charged with recouping the scattered wealth of deposed President Ferdinand Marcos and his free-spending wife Imelda. In all, the 2,300 pages formed an intriguing if incomplete treasure map of the vast fortune that Marcos, his family and cronies command. The cache only confirmed much of what Salonga had already unearthed among...

Author: /time Magazine | Title: The Philippines Chasing Marcos' Millions | 3/31/1986 | See Source »

...added to the mounting evidence of Marcos' misdeeds, including apparent fraud, corporate kickbacks and attempted embezzlement of U.S. aid. The incriminating material, which Marcos brought with him to Hickam Air Force Base in Hawaii when he fled, became available after more than two weeks of legal wrangling among Solarz, Salonga and Marcos' lawyers. The maneuvering gave the Philippine government a foretaste of what it will face in the months, and perhaps years, ahead as it tries to recover the former leader's riches. The jockeying was also an early test of relations between President Reagan, who has personally pledged...

Author: /time Magazine | Title: The Philippines Chasing Marcos' Millions | 3/31/1986 | See Source »

...strains between Aquino and the military could grow as the results of Salonga's Good Government investigation roll in. Privately, one pro-Aquino assemblyman suggested that the commission exercise prudence and not recklessly disturb Enrile, who served Marcos for more than 20 years. If the Defense Minister finds himself entangled in some complex commission investigation, say some Aquino supporters, Enrile, who oversees the country's 230,000-strong military, could easily do to Aquino what he did to Marcos: desert her government and move to establish...

Author: /time Magazine | Title: The Philippines Chasing Marcos' Millions | 3/31/1986 | See Source »

According to Salonga, the Aquino government found "smoking gun" documents at Malacanang Palace, the presidential residence, that link Marcos with bank deposits in Brazil, Switzerland and the Bahamas, as well as with property in the U.S. Salonga said the papers prove that Marcos used intermediaries to buy properties in New York, including a shopping complex in Manhattan and a posh estate on Long Island. Total value: approximately $350 million...

Author: /time Magazine | Title: The Philippines Digging for Treasure | 3/17/1986 | See Source »

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