Bongbong on ill-gotten wealth, tax issues: There's a lot of fake news there

Presidential aspirant Ferdinand "Bongbong" Marcos Jr. on Wednesday said there is "a lot of fake news involved" in the issues regarding his family's ill-gotten wealth.

"There's a lot of fake news involved there, let's leave it to the lawyers to discuss it because the so-called facts that they quote are not facts at all," Marcos said during the Kapihan sa Manila Bay forum when asked to comment on the ill-gotten wealth issue.

He was asked specifically about the estate tax debt of his family, reportedly worth at least P200 billion.

"They are just presumptions, they are not familiar with the cases or they choose not to be familiar with the case so yeah, it’s in the courts," added Marcos, a former senator and son of the late dictator Ferdinand Marcos Sr.

Marcos said he would abide by whatever the court orders in connection with the case. "Whatever the court orders me to do, I will do," he said.

One of Marcos' rivals for the presidency in the 2022 elections, Manila Mayor Isko Moreno, has vowed to retrieve the estate tax debt of the Marcoses and use it to give assistance to those in need.

Marcos' spokesperson, Atty. Vic Rodriguez, has said the pieces of property, which were subject of the tax case, were still under litigation.

Moreno's party, Aksyon Demokratiko, said the Presidential Commission on Good Government had rebuffed claims made by Marcos' camp that the tax liabilities were still under discussion. —KBK, GMA News