PCGG still searching for 146 Macros paintings

Rappler.com


146 paintings by Picasso, Van Gogh, Renoir, Rembrandt and other masters acquired by the late President Ferdinand Marcos remain missing according to a report by the Presidential Commission on Good Government (PCGG) released Tuesday November 27. Marcos, an art aficionado used stolen funds to acquire millions of dollars worth of these paintings only to distribute them to cronies before fleeing to the United States after theEDSA revolution in 1986. Last week, nephews of Imelda Marcos’ personal secretary were indicted in New York over an alleged conspiracy to sell a Monet and 3 other paintings to an art gallery in London for $32 million dollars. The PCGG has asked for the four paintings to be returned to Manila. President Benigno Aquino III will decide if the paintings will be exhibited or sold with proceeds remitted to the national treasury.


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