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The Philippine government filed suit Monday seeking title to five New York properties in the first court action by President Corazon Aquino's administration to regain some of the billions in "hidden wealth" it says were amassed by ex-President Ferdinand E. Marcos.
The $750-million suit, including a request for $500 million in damages, represented the largest civil action in Philippine history and was filed in a special anti-corruption court by the Presidential Commission on Good Government.
Aquino set up the commission to get back an estimated $10 billion that the administration claims Marcos and his associates acquired through embezzlements, kickbacks and other fraudulent activities during Marcos' 20 years as president.
Marcos fled into exile in Hawaii last February during a popular uprising that established Aquino as president.
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