Marcos wealth gains bolster state income

Full payment for the sale of a Puerto Galera property and the bid bond for the sale of Tagaytay and Makati Sports Club Share Inc. kept income flowing for the Presidential Commission on Good Government (PCGG) as of end-November 2025, contributing to higher year-on-year November privatization revenues, Manila Bulletin has learned.

- BY DERCO ROSAL

According to the latest data from the Bureau of the Treasury (BTr), the government earned P21 million from the privatization of idle assets in November last year, higher than the P18 million recorded during the same month in 2024.

During October and November 2025, the PCGG collected a total of P9.9 million, sharply higher than the zero collections recorded during the same two-month period in 2024. The PCGG is the government body tasked with recovering ill-gotten wealth of the late strongman Ferdinand E. Marcos Sr., his family, and cronies, both in the Philippines and overseas.

In particular, the Puerto Galera property was fully settled in November, with total payments reaching P4.9 million, the PCGG told Manila Bulletin on Thursday, Jan. 8.