1.
Politics 2012: Ron Paul strategy keeps things interesting
MANILA, Philippines, March 10 (UPI) -- Imelda Marcos, former first lady of the Philippines, was acquitted Monday in Manila of 32 counts of dollar salting that amounted to $33 billion.
Judge Silvino Pampilo Jr. said the government failed to prove Marcos, her late husband president Ferdinand Marcos, and a deceased associate conspired not to report dollar earnings from foreign bank accounts, the Philippine Daily Inquirer reported.
Dollar salting occurs when dollars are removed from the Philippines without approval from the Central Bank and transferred to an account outside the county.
"The witnesses presented by the prosecution have no authority to identify the documentary evidence that they have presented in court," Pampilo ruled.
Former Solicitor General Francisco Chavez alleged that Imelda Marcos violated Central Bank rules and regulations when he filed the case against her in 1991.
|
|
|
|
|
|
| Additional Top News Stories | |
WASHINGTON, May 28 (UPI) --
Rolling Thunder motorcyclists moved into Washington as part of the annual Memorial Day weekend ride held in remembrance of war dead and those missing in action.
|
NEW YORK, May 28 (UPI) --
"Sex and the City" actress Cynthia Nixon married her girlfriend, education activist Christine Marinoni, in New York, officials say.
|
To avoid a meltdown in 2006, Ford Motor Co. mortgaged the farm putting up its assets – including its Blue Oval logo, and F-150 pickup and iconic Mustang trademarks – to secure $23.5 billion in credit.
|
MEMPHIS, May 28 (UPI) --
A California auction house said Elvis Presley's original crypt in Tennessee, where the King was entombed for two months, is going up for auction.
|
| Stories | Photos | People | Comments |
View Caption
