Marcos Bought Over 2,000 ha of land in Texas. HR Victims File Claim and Win 10$M Settlement

In the 70s & 80s Ferdinand Marcos bought over 2,000 hectares of land in Texas w/ Jose Campos as dummy. Imelda admitted it was purchased using Marcos money. As the properties was not in the Campos settlement w/ PCGG, HR victims filed a claim on the land & got a $10million settlement.

Link to Bloomberg: Where Did Marcos Hide His $10 Billion Fortune?

Link to Courthouse New Service article on Philippine Human Rights victims winning $10 million settlement for claim on Texas and Colorado Marcos land

EXCERPT from the Article:

(CN) – A federal judge in Fort Worth, Texas, has approved a $10 million class-action settlement for nearly 10,000 victims of human-rights abuses under the Marcos regime in the Philippines.

In approving the settlement, U.S. District Judge Terry R. Means effectively put to rest a case that had lasted nearly a quarter of a century and had worked its way through multiple federal courts.

He called the settlement “fair, reasonable and adequate.”

The nearly 10,000 members of the class said they were subjected to torture, murder, rape and imprisonment for opposing Ferdinand Marcos when he ruled the Philippines from 1965 until February 1986, when he escaped to Hawaii. He died in exile on Sept. 29, 1989.

Link to The San Diego Union Tribune news article on judge approving the settlement with the Human Rights Victims on their claim to the Texas and Colorado land.

Leave a Reply

Your email address will not be published. Required fields are marked *