Court Junks Forfeiture Bid over $5M in Romualdez Clan Swiss Account

Court junks forfeiture bid over $5M in Romualdez clan Swiss account

MANILA, Philippines — The Sandiganbayan has dismissed the government’s bid to forfeit the alleged “unexplained wealth” worth over $5 million in the Swiss accounts owned by the late Benjamin “Kokoy” Romualdez and his wife Juliette Gomez-Romualdez. The antigraft court’s Sixth Division dismissed the Office of Solicitor General’s (OSG) motion for reconsideration filed in November last […]...Keep on reading: Court junks forfeiture bid over $5M in Rom…

How the gov’t lost its bid to forfeit $5.19M Romualdez family funds

MANILA, Philippines – The government failed to secure a judicial lien on $5.19 million in escrowed funds at the Philippine National Bank (PNB) linked to the family of the late ambassador Benjamin “Kokoy” Romualdez. The forfeiture case, filed at the anti-graft court on November 21, 2025, aimed to recover money previously held at the Union Bank of Switzerland in Geneva. Romualdez, who died in 2012, was the youngest brother of former first lady Ime…

Antigraft court junks $5.2M forfeiture case vs. Marcos kin

The Sandiganbayan has dismissed a US$5.2-million (about ₱290.8 million) forfeiture case against Benjamin “Kokoy” Romualdez, uncle of President Ferdinand Marcos Jr., along with his wife Juliette and their heirs.