Friday, 14 August 2026
Nasdaq +0.81%
Subscribe NowSupport Us

Daily Tribune

Daily Tribune
Subscribe
Friday, 14 August 2026
  • News
  • Opinion
  • Business
  • Life
  • Show
  • Sports
  • Global Goals
Partner feature

The Philippines' leading digital newspaper.

News
  • Headlines
  • Page three
  • Metro
  • Nation
  • World
  • Dyaryo Tirada
  • Obituary (Remember Me)
  • SONATOTOO (archive)
Opinion
  • All columnists
  • Editorials
  • Guest essays
  • Letters to the Editor
  • Scuttlebutt
Business
  • Shipping
  • Portraits
  • Pep
  • Business Advisories
  • Technology (Tech Talks)
Life
  • Show
  • Food & Drink
  • Getaways
  • Arts & Culture
  • Social Set
  • Spaces
  • Fashion & Beauty
  • The Edit
  • Top Form
  • Next Gen
  • Sacred Space
  • Project Larawan
  • Snaps
Sports
  • Hoops
  • Volley
  • Golf
  • Goal
  • Boxing
  • Tennis
  • Esports
  • Blast

Company

  • SONATOTOO archive
  • About
  • Contact
  • Advertise
  • Privacy
  • Subscribe
  • Support Us

© 2026 Daily Tribune · tribune.net.ph · Powered by Quintype

NATION

Marcos defends family wealth, punts tax question to lawyers

Carl Magadia·14 August 2026, 3:53 pm·1 MIN READ

Marcos defends family wealth, punts tax question to lawyers

President Ferdinand Marcos Jr. and former House Speaker Martin Romualdez

Martin Romualdez/Facebook

Text size

Share

Partner feature

Stay informed

Get Daily Tribune in your inbox

Breaking news, opinion, and business coverage for readers in the Philippines and abroad.

Subscribe to the newsletter

Read next

Marcos: Pax Silica not about distancing Philippines from China

Marcos: Pax Silica not about distancing Philippines from China

What's your take?

Share

Google Preferred Sources

Get more Daily Tribune stories in your search results

Add Daily Tribune as a preferred source on Google Search.

Add to Google

Continue reading

  • Marcos: 2028 bet must continue anti-corruption drive
    Marcos: 2028 bet must continue anti-corruption drive
  • Marcos: No special ‘arrangement’ with China
    Marcos: No special ‘arrangement’ with China
  • Palace spox challenges Rep. Erice to verbal slugfest
    Palace spox challenges Rep. Erice to verbal slugfest
Partner feature
Partner feature
Partner feature

Suggested Articles

Quo vadis, agriculture?
EDITORIAL

Quo vadis, agriculture?

Poor governance was palpable in his penultimate speech. Marcos entered office claiming agriculture as his priority and…

DT·18 hours ago

Palace: 2027 budget requests hit P11T before Marcos cut them to P7.2T
BUSINESS

Palace: 2027 budget requests hit P11T before Marcos cut them to P7.2T

Malacañang on Thursday said government agencies initially sought a combined P11 trillion for 2027 before President…

Raffy Ayeng·21 hours ago

Palace: Marcos unaware of alleged P1-B Senate ‘leadership fund’
NATION

Palace: Marcos unaware of alleged P1-B Senate ‘leadership fund’

Malacañang on Thursday denied that President Ferdinand Marcos Jr. knew about the alleged “leadership fund” exposed by…

Raffy Ayeng·23 hours ago

SWS: BBM +1; Sara +31
NEWS

SWS: BBM +1; Sara +31

The Social Weather Stations (SWS) said President Ferdinand Marcos Jr.’s satisfaction rating has recovered to neutral…

Raffy Ayeng·13 August 2026

47 OFWs repatriated from Russia, Saudi Arabia
NATION

47 OFWs repatriated from Russia, Saudi Arabia

Forty-seven overseas Filipino workers (OFWs), including 25 seafarers affected by a drone attack in Russia and 22…

Neil Alcober·12 minutes ago

  • President Ferdinand Marcos Jr. on Friday pushed back against the characterization of some of his family's assets as ill-gotten wealth but declined to provide details on whether estate taxes and penalties involving the assets had been settled.

    During the Foreign Correspondents Association of the Philippines Presidential Luncheon, Marcos was asked about assets his family retained after winning civil forfeiture cases and whether corresponding estate taxes and penalties had been paid.

    “The reason we won civil cases is because they were proven to be not ill-gotten wealth,” Marcos said.

    He objected to describing the assets as ill-gotten, saying in Filipino that his family prevailed in the cases because they had proven otherwise. 

    Marcos, however, said he could not provide details on the estate tax issue and acknowledged neglecting some of his responsibilities as co-executor of the estate of his father, the late President Ferdinand Marcos Sr.

    “I have to admit that I have neglected some of my duties as co-executor because I've been very busy with all the things that a president is busy with,” Marcos said.

    He said matters of state took precedence over the family's legal affairs.

    “The matters of state and governance are a thousand times more important than any family matter. In fact, I would say 113 million times more important than any family matter,” he said.

    Marcos said he had left the issue to his lawyers and his mother, former first lady Imelda Marcos, whom he identified as the other co-executor.

    “I hear about it in passing. But I don't really sit in on meetings and I don't really concern myself with that so much,” he said. 

    ‘I don't know these details’

    Marcos was also pressed about the Arelma assets, which have been the subject of litigation involving the Marcos family and the Philippine government.

    Asked to identify the lawyer handling the matter and allow journalists to speak with the lawyer, Marcos agreed.

    “I was going to thank you for all the information that you have provided us here today because I don't know these details,” Marcos said.

    He said he had not been involved in the legal proceedings even when his family was in exile in the United States.

    “Even when we were in the States, in exile, even when we were in the States, I was not involved in any of these legal proceedings,” he said.

    “Those cases again, I don't know what happened to them anymore, quite frankly,” Marcos added.

    The President agreed to have his legal representatives' contact information provided after the luncheon.

    • President Ferdinand Marcos Jr.
    • Marcos ill-gotten wealth

    Also read

    PCGG asked: What happened to Marcos ill-gotten wealth case
    NATION

    PCGG asked: What happened to Marcos ill-gotten wealth case

    With the recent decision of the Sandiganbayan Special Division to dismiss a civil case to retrieve properties from the Marcoses, a lawmaker…

    Jerod Orcullo·12 June 2026

    Also read

    Ill-gotten wealth per se
    OPINION

    Ill-gotten wealth per se

    Truly, the three-page document containing six ‘whereases’ has to be revisited in light of the corruption that is yet unresolved to this day.

    Primer Pagunuran·16 March 2026