BBC Homepage World Service Education
BBC Homepagelow graphics version | feedback | help
BBC News Online
 You are in: World: Asia-Pacific
Front Page 
World 
Africa 
Americas 
Asia-Pacific 
Europe 
Middle East 
South Asia 
-------------
From Our Own Correspondent 
-------------
Letter From America 
UK 
UK Politics 
Business 
Sci/Tech 
Health 
Education 
Entertainment 
Talking Point 
In Depth 
AudioVideo 

Thursday, 8 February, 2001, 13:22 GMT
Lawsuit filed to seize Estrada's wealth
Joseph Estrada
Estrada allegedly built luxury mansions for his mistreses
Criminal proceedings have been opened in the Philippines to seize former President Joseph Estrada's alleged unexplained fortune worth $400m.

The money has allegedly been stashed away in secret bank accounts and in mansions built for mistresses.


Estrada's ouster is not the end. There should be justice for the Filipino people

Complainant in forfeiture case
The case was filed on Wednesday by a group of 82 private citizens, the majority representing left-wing and church groups.

On Thursday, as part of their investigations into the alleged fortune, state prosecutors ordered local banks to surrender Mr Estrada's account records, having already moved to freeze them.

Mass protest
Mass protests helped topple Mr Estrada
Meanwhile, the self-confessed gambler who triggered the crisis by linking Mr Estrada to illegal gambling rings - Luis Singson - has been made a special consultant by the new government to help it eliminate illegal gambling.

Mr Estrada was forced from office last month amid a military-backed popular uprising following the collapse of his impeachment trial on corruption charges.

He is facing separate charges by the Philippine ombudsman for corruption, bribery and economic plunder - a crime that is punishable with the death sentence.

Luxury mansions

Justice Secretary Hernando Perez, who endorsed the case and helped prepare it, said about half the money was held in 11 banks and the rest in seven luxury mansions.

Estrada
Estrada complained of the 'lynch mob mood of hatred and vengeance'
The complainants argued that Mr Estrada could not have earned the money legally because he was paid only 577,000 pesos ($12,000) annually as president and the constitution barred him from engaging in business.

"Estrada's ouster is not the end. There should be justice for the Filipino people - and that means he should be prosecuted and jailed," said complainant Rafael Mariano, chairman of the Peasant Movement of the Philippines.

Mr Estrada has denied all charges against him, including using an alias to open accounts.

Earlier this week, he asked the Supreme Court to halt the ombudsman's investigations, asserting that he was still the country's president and had absolute immunity from lawsuits.

Gambling information

Interior Secretary Jose Lina told reporters on Thursday that Mr Singson had been named an anti-gambling consultant and would receive a nominal salary of one peso (two US cents) a year.


I believe [Mr Singson] will help us completely

Jose Lina
As a consultant, Mr Singson could give the government information on those organising and operating the illegal gambling game, Mr Lina said.

Mr Singson, a provincial governor, sparked the crisis in October by revelations that Mr Estrada - a former drinking and gambling buddy - had received millions of dollars in kickbacks from gambling syndicates after taking office in 1998.

Search BBC News Online

Advanced search options
Launch console
BBC RADIO NEWS
BBC ONE TV NEWS
WORLD NEWS SUMMARY
PROGRAMMES GUIDE
See also:

07 Feb 01 | Asia-Pacific
'Estrada assets to be frozen'
05 Feb 01 | Asia-Pacific
Estrada facing plunder charges
30 Jan 01 | Asia-Pacific
Arroyo pledges to 'crush' enemies
30 Jan 01 | Asia-Pacific
'Estrada salted away $200-$300m'
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Asia-Pacific stories are at the foot of the page.


E-mail this story to a friend

Links to more Asia-Pacific stories