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Last Updated: Monday, 12 September 2005, 08:55 GMT 09:55 UK
Manila wants Marcos jewels sold
Imelda Marcos, former Philippines First Lady
Imelda Marcos was famed for an extravagant lifestyle
The Philippines government plans to sell off a jewellery collection owned by former first lady Imelda Marcos.

The jewellery, seized after a 1986 popular uprising ousted the Marcoses, has been valued at up to $10m.

The government agency in charge of recovering the Marcos' alleged ill-gotten wealth said auction houses would inspect the jewels this week.

But Mrs Marcos said some of the jewels were family heirlooms and vowed to take legal action to block the sale.

Previous attempts to sell the jewels have been dogged by disputes.

Money hunt

Mrs Marcos - who now lives in the Philippines capital Manila - was best known for her huge collection of shoes, which came to symbolise her family's excess.

According to some estimates, the family and its close supporters embezzled $10bn during two decades in power.

A government agency, the Presidential Commission on Good Government, is now hunting for the money and is responsible for returning it to the public. A spokesman for the agency said the auction could take place in November, possibly in Switzerland.

Imelda Marcos was found guilty on corruption charges in the mid-1990s and sentenced to a minimum of 12 years in prison, but the conviction was overturned on appeal.

Ferdinand Marcos died in Hawaii in 1989.




SEE ALSO:
Philippines loses out on Marcos millions
01 Feb 02 |  Asia-Pacific
Imelda Marcos free to travel abroad
03 Dec 01 |  Asia-Pacific
Homage to Imelda's shoes
16 Feb 01 |  Asia-Pacific
The day I met Imelda Marcos
31 Oct 00 |  Asia-Pacific
Timeline: The Philippines
03 Aug 01 |  Asia-Pacific


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