(Bloomberg) -- The Philippines' anti-graft court on Thursday ordered the family of late dictator Ferdinand Marcos to surrender over 100 paintings worth $24 million, including works by Pablo Picasso and Vincent Van Gogh.
Philippine Graft Court Junks $3.95 Billion Case Versus Marcos
The artworks were “unlawfully acquired” by the family and are to be forfeited to the government, according to the decision posted on the court's website. The dictator's clan was also directed to account for and divulge the location of all paintings that are still with them.
The Marcos family earlier won four of the five civil cases decided this year.
To contact the reporter on this story: Andreo Calonzo in Manila at acalonzo1@bloomberg.net
To contact the editors responsible for this story: Cecilia Yap at cyap19@bloomberg.net, Ruth Pollard
©2019 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
