The jewelry of the former
first lady of the Philippines has been valued at over $21 million
Imelda Marcos, former first lady of the Philippines, may have been more
famed for her shoe collection, but she also had a formidable collection of
jewelry — and it's now set to be sold off, the BBC reports.
Marcos' expansive hoard of clothes and accessories — which in addition to
the shoes and jewelry included 15 mink coats, over 500 gowns and 1,000 handbags (more pix after the cut)
— was seized in 1986 after her husband, former president Ferdinand Marcos, was
forced out of power in a coup.
"Imelda Marcos, ex-first lady of the Philippines, in Batac, north of
Manila, May 5, 2013"
Ferdinand Marcos Junior, the couple's son, may become vice-president in the
May elections, and the authorities are concerned that he may try to stop the
auction.
The Marcos family has long been dogged by accusations the dictator oversaw
massive human rights abuses and plundered billions of dollars from state
coffers.
While Imelda Marcos has always denied embezzlement, the family fortune has
been estimated at more than $10 billion in property, cash, jewelry and other
assets, according to the BBC.
She was sentenced to 12 years' imprisonment for corruption in the
mid-1990s, but won an appeal to overturn the conviction.
After the downfall of the dictator, the family fled to Hawaii where the
patriarch died in 1989.
The rest of the family, headed by controversial matriarch Imelda, returned
in 1991 and began a successful political comeback, beating all judicial charges
and capitalizing on anger over the nation not progressing under the patriarch's
successors.
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Bongbong Marcos |
Ferdinand Marcos Junior's announcement last year that he would run for vice-president was considered the
biggest step in a remarkable political comeback for his once-exiled family.
Marcos Junior, popularly known as "Bongbong," said he would
run for vice-president and hinted at an alliance with a potential presidential
nominee accused of widespread human rights abuses.
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