Imelda Marcos – a study in a power grab, corruption and ill-gotten wealth during the Marcos Era – Part I

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Imelda Romualdez Marcos with former President Ferdinand Marcos and family during the 1965 inauguration- Photo Credit: Malacañang Palace

Imelda Romualdez Marcos isa Filipina politician and convicted criminal. She married Marcos in 1954 and became the First Lady of the Philippines when Ferdinand Marcos became President of the Philippines in 1965 until they were deposed in 1986. While in power for21 years, Imelda and her husband stole billions from the Filipino people, and that the amount they stole could have paid off the entirety of the Philippine foreign debt. By 2018, the Philippine government had recovered about $3.6 billion of this ill-gotten wealth through compromise deals or sequestration cases.

Upon becoming First Lady, Imelda often asked members of the Blue Ladies to accompany her on her trips out of the country. Imelda’s Blue Ladies, specifically Maria Luisa, a daughter of the wealthy Madrigal family and Daniel Vazquez’s wife, contributed…

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