Thursday, May 23, 2013
Appeals court upholds fine against Marcos estate
POSTED: 01:53 p.m. HST, Oct 26, 2012
LAST UPDATED: 01:57 p.m. HST, Oct 26, 2012
A federal appeals court is upholding a $354 million fine against the widow and son of the late Philippine dictator Ferdinand Marcos.
A three-judge panel of the Ninth Circuit Court of Appeals on Wednesday agreed with a U.S. District Court judge’s ruling against Imelda Marcos and Ferdinand “Bonbong” Marcos, Jr.
Judge Manuel Real imposed the fine after determining they violated a court order to freeze their assets so they could pay thousands of Marcos human rights abuse victims. The victims had won a class action lawsuit against the Marcos estate.
Only a fraction of the $2 billion a federal jury in Honolulu awarded the victims in 1995 has been collected.
Attorney Sherry Broder said today lawyers will continue to pursue damages courts awarded to victims and their surviving family members.
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