Monday, November 14, 2011


Shouldn't an investigation be conducted soon on the activities of former officials of the Presidential Commission on Good Government (PCGG) since its creation a few days after former President Corazon Cojuangco Aquino came to power in 1986? But wait, is the PCGG still in existence? Looks like they've all packed up and left only fishbones for the new vultures.

This will certainly clear up all tales and speculations about the so-called Marcos wealth and expose grand-scale looting of the same by cronies of the Aquino family appointed then to the PCGG. The looting today is the same as it was then. These PCGG officials then and now are living in silent contented opulence from the hundreds of millions they plundered in their short stints at the PCGG.

Included in this batch of post-EDSA crooks are member of the notorious Kamaganak Inc. who were among the very first to venture grabbing the Marcos family wealth. Bantay-salakay.

I'd like to see the current regime under Aquino II order the Sandiganbayan to require the PCGG to submit a thorough accounting and inventory of its activities and sequestrations since its creation, and furnish publicly an accounting of the method on how these new "acquisitions" were disposed of and also, what offices and banks they were deposited in and who were responsible for administering them.

You see, many of these former PCGG officials are now living bountiful lives with enough illegally-acquired wealth to last them several lifetimes. I know of several Marcos cronies who have escaped persecution and sequestration of their assets by simply handing over half of their assets to well-placed lawyer-relatives. One such kin concerned former Ambassador Benjamin 'Kokoy' Romualdez in a lightning raid then on such firms a few weeks right after EDSA. This relative has since passed away but his loot has been distributed to his heirs who still cling to them and enjoy its fruits.

Investigate these PCGG officials once and for all and compel them to show records of their sequestration activities.

(Image from