Presidential Commission on Good Government (PCGG) Commissioner for Litigation Gerard Mosquera said it is "too late in the day" for Mrs. Marcos to stop the government from auctioning her properties at P. Guevarra corner Maude streets, which covers 864 square meters; on Don Mariano Marcos St. (1,584 sqm), and on Claro M. Recto (932 sqm).
The door closed on Mrs. Marcos after the Sandiganbayan's order to make her reconvey the amount to the government was rendered final and executory and the Sandiganbayan Sheriff filed a notice of levy on her properties before the Registry of Deeds in San Juan City."The notice of levy was filed by the Sandiganbayan sheriff upon our request. This is meant to identify the properties that are subject of a civil case and are soon to be auctioned to satisfy the judgment rendered by the court," Mosquera said.
He said only P43.8 million from the proceeds of the auction will be remitted to the PCGG since the amount--representing the P10 million that Mr. Marcos had ordered withdrawn from the National Food Authority (NFA) plus interest and P1.95 million in damages — is deemed to belong to the national treasury.
"Anything in excess of the P43.8 million will be returned to Mrs. Marcos," Mosquera said.
In a September 2010 ruling on Civil Case No. 0029, the Sandiganbayan ordered the Marcoses to reconvey P10 million to the government.
The court ruled that the P10 million was illegally transferred from the NFA’s account with the Philippine National Bank (PNB) to a private account at the Security Bank.
The interest of the P10 million has ballooned to P33.8 million as of last September. It does not include the P1.95 million in damag-es the PCGG is seeking for attorney’s fees and court expenses.
By KRIS BAYOS
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