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PHILIPPINES ADDRESSES WHAT TO DO WITH ESTRADA'S STOLEN WEALTH.
MANILA, Feb 1 Asia Pulse - Philippines Congress should pass new legislation on how to spend the estimated P15 billion (US$307.69 million) hidden by impeached President Estrada in 15 banks, said Rep. Ernesto Herrera (Lakas, Bohol).
"Once these secret accounts and other assets are identified and proven to be ill-gotten, then government has no choice but to set into motion the legal processes that would lead to their forfeiture in favor of the Sate," Herrera said.
Herrera said Mr. Estrada's spoils could run up ...
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