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Marcos victims US lawyer here for consultations
By Estrella Torres
Business Mirror
Robert Swift, the lead American lawyer of the 9,539 victims of martial law, will be in the country this week to meet with the leaders of the victims, to discuss the possibility of entering into a compromise agreement with the government regarding Marcos assets reaching $100 million but under litigations in US and Singapore courts in the last ten years.
The Philippine government and the human-rights violation victims, who won a landmark $2.35-billion class suit against the Marcos estate in the US district Court in Honolulu in 1995, have been tied in a legal tug-of-war for Marcos assets stashed in various banks abroad.
These include the $35-million Marcos deposits kept under Panamanian firm Arelma Inc. in Merill Lynch, New York; the $22 million kept in a Singapore branch of German bank West LB; and last, tracts of lands located in Texas and Colorado titled under former Marcos crony Jose Y. Campos.
Claimants 1081 founding chairman and former party-list representative Etta Rosales of Akbayan said the possibility of entering into a compromise with the government will be discussed during the meeting with Swift, who will be in the country on May 5, 6 and 7.
“Its high time that we give something to the claimants because they are now either sick or have died already and their families need financial assistance,” said Rosales.
She stressed that the battle is now “between the government and the claimants and no longer against the Marcoses, so its about time we enter into a settlement .”
Rod Domingo Jr., lead Filipino counsel of the Marcos victims, said Swift will also hold a series of conferences with the human-rights abuse victims on the developments of the cases in US and Singapore courts.
“He will discuss the status of the Arelma case now pending in the United States Supreme Court and the interpleader filed in Singapore,” said Domingo in a statement issued over the weekend.
“He will also report on the action being taken regarding the claims of the victims in the court of Singapore, wherein they have already won in the High Court of Singapore, and trial on the merits will ensue,” he added.
The US Supreme Court is expected to render a final judgment on whether to uphold the decisions of the US District Court in Honolulu and the US 9th Circuit Court of Appeals to award the $35-million Arelma account of the Marcoses to the martial-law victims by late June this year. Each of the martial-law victims is expected to receive a $2,500 share from the Arelma deposit.
Domingo, meanwhile, said the High Court in Singapore is also expected to rule on the claims to the $22-million Marcos deposits left in the Singapore branch of West LB. The amount is part of the $681-million Marcos Swiss deposits that the Swiss government has ordered returned to the Philippines in July 2005 after the Philippine Supreme Court declared that the funds are ill-gotten wealth of the Marcoses.
“Mister Swift will also announce the status of the claims of the litigations involving tracts and acres of lands located in Texas, and Colorado, which were suspected to belong to the former dictator Ferdinand E. Marcos but already in the name of some of the cronies and children of Jose Y. Campos,” he said.
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