Philippine Graft Court Dismisses $3.95 Billion Case Against Former Dictator

(Bloomberg) -- The Philippines’ anti-graft court has dismissed a case that sought to recover 200 billion pesos ($3.95 billion) in alleged ill-gotten wealth acquired by the late dictator Ferdinand Marcos and his family.

The court rejected the forfeiture case filed against Marcos, his wife Imelda and his children after the prosecution failed to prove the allegations, according to documents released to media on Monday.

The Presidential Commission on Good Government filed the case in 1987. It is the fifth civil case decided this year, with the Marcos family winning four cases and losing one, according to the Philippine Daily Inquirer.

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