Freeze and Recover Marcos Illicit Assets

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Title Supreme Court: Freeze and Recover Marcos Illicit Assets

Law: Executive Order No. 2

Decision Date: Mar 12, 1986

Executive Order No. 2 freezes and recovers assets illegally acquired by former President Ferdinand Marcos and his associates, establishing a commission to oversee the process and imposing prohibitions on their transfer, while seeking assistance from foreign governments to prevent their liquidation.

funds

illegally acquired

misappropriated

END