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Late dictator Ferdinand Marcos' son poised to win Philippines election
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Race
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| Contributor | BrentinCO |
| Last Edited | BrentinCO May 07, 2022 11:19pm |
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| Category | News |
| News Date | Saturday, May 7, 2022 05:00:00 AM UTC0:0 |
| Description | Manila — In 1986, the Philippines ousted dictator Ferdinand Marcos after 21 years of his authoritarian rule. His reign was brought to an end by a four-day peaceful mass-uprising. The world watched in amazement as the extremes of the dictator and his family's opulent lifestyle were revealed.
Now his son is poised to usher the family right back into the nation's highest office when Filipinos head to the polls on Monday.
"In the 1980s, as children were dying of hunger, Marcos decides to give four buildings to his wife Imelda in New York," said Ruben Carranza, former commissioner of the Presidential Commission on Good Governance, the agency tasked with finding and reclaiming Marcos' ill-gotten wealth for the people of the Philippines.
The economy went into recession during Marcos' final years. Foreign debt ballooned to more than $26 billion from less than $1 billion in 1965. The Marcos family is estimated to have robbed the country of somewhere between $5 billion and $10 billion during his time in control. |
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