> TELEPHONE US 212.355.5710
Menu

Former Marcos Aide Sentenced in Art Sale

January 14, 2014

Back on October 18, 2013 we posted an article about foreign service officer and later personal secretary for the wife of the ex-president of the Philippines,  Vilma Bautista, who had been indited on charges of conspiracy, tax fraud and offering a false instrument for filing for attempting to illegally sell artwork.  The former presidential family looted between $5 billion and $10 billion from the country’s treasury.   One of the works “stolen” and sold by Bautista is  Monet’s “Japanese Footbridge Over the Water-Lily Pond at Giverny” for $32 million.

Yesterday (Monday, January 13, 2014) Bautista was sentenced to six years in state prison in New York for the charges.  Also, she must pay $3.5 million in income taxes she owes to New York.

 

Click here  for more details about the case and ruling

  • MORE ARTICLES