The Sandiganbayan, the Philippines' anti-graft court orders Royal Traders Holding Co. Inc., a bank formerly controlled by the late dictator Ferdinand Marcos to pay the Philippine government an estimated PHP1 billion (USD 32.446 million) in bank certificates that were confiscated by the United States Customs Service after their ouster in 1986.
The Sandiganbayan, the Philippines' anti-graft court, orders Royal Traders Holding Co. Inc., a bank formerly controlled by the late dictator Ferdinand Marcos, to pay the Philippine government an estimated PHP1 billion ($32.446 million) in bank certificates that were confiscated by the United States Customs Service after Marcoswasdeposed in 1986.
