Marcos Family Wants To Purchase Malacañang Palace

Marcos’ last days in Malacañang (File photo)

BATAC, Philippines (The Adobo Chronicles, Manila Bureau) – Upon learning that Philippine President-elect Rod Duterte plans to transfer the seat of government from Manila to Davao City, the Marcos family submitted a bid to purchase Malacañang, the presidential palace, for an undisclosed amount.

Lawyers of former First Lady Imelda Romualdez Marcos and Senator Bongbong Marcos told  The Adobo Chronicles  that the family would like to return to Malacañang, their official residence for twenty years.

The Marcoses had hoped to return to the palace through Bongbong who ran for the position of vice president in the recently-concluded elections and whose ultimate goal was to become president.  Unfortunately, Bongbong lost the VP contest to Leni

“Rather than let the palace go to waste and be vacant, the Marcoses said the government may just as well convert the massive property into cash to benefit the national treasury,” the lawyers indicated.

The only stipulation in the purchase proposal is that all of the frozen Marcos assets be released by the Philippine government so that the family will have the funds to fully pay in cash.



Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s