Abcede to force through Imelda jewelry auction
| 05/27/2010 Presidential Commission on Good Government (PCGG) Commissioner Ricardo Abcede is set on a collision course with his colleagues including his boss, PCGG chairman Camilo Sabio as he said he intends to pursue the auction of the jewelry collection of former First Lady Imelda Marcos. To underline his determination to pursue the auction  before a new administration takes over on July 1, Abcede met with  Sancroft Baker, representative of Christie’s auction house yesterday  afternoon at the Bangko Sentral ng Pilipinas (BSP).  Baker will start appraising the Roumeliotes collection  after representatives of the Bureau of Customs (BOC), PCGG, Office of  the President and the Commission on Audit (COA) retrieved the jewelry  sets from the BSP vault where they are stored.  Abcede  said a gemologist from Sotheby will also arrive Thursday, to likewise  conduct the appraisal.  “These are all for the  purpose of bidding for the right to auction the jewelry. By Friday, all  appraisals would be completed after which a final meeting with the  Department of Finance, Commission on Audit, Bureau of Customs and the  PCGG would be held,” Abcede said.  At the same  time, the official defended his action on pursuing the auction despite  the opposition of Sabio and Commissioners Tereso Javier, Narciso Nario  and Jaime Bautista to the plan.  In opposing  Abcede’s plan, they said it “is not timely to consider the (auction)  because this could be viewed as a so-called midnight transaction” adding  that “they are in favour of leaving this matter to the next  Commission.”  The term of the current PCGG  chairman and commissioners is set to end next month.  Source: The Daily Tribune URL: http://www.tribuneonline.org/headlines/20100527hed6.html | 

 
 
 
 
 
 
 

 


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