The complaint filed in 1987 alleged that the late president unlawfully withdrew from the National Treasury, the Central Bank and other financial institutions of the country and transferred these funds to various payees.
The Supreme Court (SC) has affirmed the 2019 decision of the Sandiganbayan which dismissed the complaint filed by the Presidential Commission on Good Government (PCGG) against the family of the late president Ferdinand Marcos and Tantoco family seeking the forfeiture of all properties acquired by them during the Marcos administration.
In the 26-page decision promulgated on March 29 and uploaded on July 18, the SC First Division dismissed the complaint against Bienvenido R. Tantoco Jr.; Ferdinand E. Marcos, substituted by his heirs namely: Imelda R. Marcos, Ferdinand R. Marcos Jr., Imee Marcos and Irene Marcos-Araneta; Bienvenido R. Tantoco Sr., Gliceria R. Tantoco, substituted by Dominador R. Santiago and Maria Lourdes Tantoco-Pineda.