MODEL PORTFOLIO
THE GIST
NEWS AND FEATURES
Global Philippines Fine Living
INSIGHTS
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
WEBINARS
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
DOWNLOADS
investment-ss-3
Reports
Policy rate views: Fed expected to do baby steps
DOWNLOAD
economy-ss-9
Economic Updates
Inflation Update: Faster but full-year average within target
DOWNLOAD
948 x 535 px AdobeStock_433552847
Reports
Monthly Economic Update: Waiting on Jay Powell
DOWNLOAD
View all Reports
Metrobank.com.ph How To Sign Up
Follow us on our platforms.

How may we help you?

TOP SEARCHES
  • Where to put my investments
  • Reports about the pandemic and economy
  • Metrobank
  • Webinars
  • Economy
TRENDING ARTICLES
  • Investing for Beginners: Following your PATH
  • On government debt thresholds: How much is too much?
  • Philippines Stock Market Outlook for 2022
  • Deficit spending remains unabated

Login

Access Exclusive Content
Login to Wealth Manager
Visit us at metrobank.com.ph How To Sign Up
Access Exclusive Content Login to Wealth Manager
Search
MODEL PORTFOLIO THE GIST
NEWS AND FEATURES
Global Philippines Fine Living
INSIGHTS
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
WEBINARS
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
DOWNLOADS
investment-ss-3
Reports
Policy rate views: Fed expected to do baby steps
September 18, 2025 DOWNLOAD
economy-ss-9
Economic Updates
Inflation Update: Faster but full-year average within target
September 5, 2025 DOWNLOAD
948 x 535 px AdobeStock_433552847
Reports
Monthly Economic Update: Waiting on Jay Powell
September 2, 2025 DOWNLOAD
View all Reports
Investment Tips 3 MIN READ

UPDATE 1-Philippines group seeks to bar Marcos from presidency over tax evasion

November 17, 2021By Reuters
Related Articles
Gold steady as traders await jobs data for Fed cues January 4, 2024 Oil rebounds from early plunge after Saudis deny OPEC+ output report November 21, 2022 Wall Street ends red, Treasury yields climb on dour guidance October 19, 2022

Code bars anyone convicted of tax crimes from office

Marcos has served as lawmaker, governor, senator

Family’s profile helped by political network

Marcos has rejected similar complaint as baseless

Adds quotes from lawyer, analyst, background

By Karen Lema

MANILA, Nov 17 (Reuters) – The son of late Philippines dictator Ferdinand Marcos, an early frontrunner for the May election, is facing a second petition seeking to bar him from the presidential race, centred on a tax evasion conviction nearly three decades ago.

The complaint, filed on Wednesday at the election commission by a group called the Campaign Against the Return of the Marcoses and Martial Law, argued the conviction should have perpetually disqualified Ferdinand Marcos Jr from holding or running for office.

He was found guilty in 1995 of failing to file income tax returns from 1982 to 1985 while governor of Ilocos Norte province, a verdict upheld two years later by an appeals court.

“He has continuously neglected his penalty and disrespected the rule of law by running and filing his candidacy knowing in fact that he is a convicted criminal,” lawyer Howard Calleja told reporters after the filing.

Marcos’s spokesperson did not immediately respond to a request for comment.

The internal revenue code states that a public officer convicted of a tax crime will be barred for life from holding public office, voting and participating in any election.

Since his conviction, however, Marcos has been elected governor, congressman and senator and ran unsuccessfully for the vice presidency.

The Marcos family is one of the most famous dynasties in the Philippines and despite its fall from grace after a 1986 “people power” revolution, it has retained its wealth and far-reaching and powerful connections.

Sara Duterte-Carpio, the president’s popular daughter, will be the running mate of Marcos.

Antonio La Viña, a law and politics professor at the Ateneo de Manila University, said election authorities would typically only disqualify a barred candidate if a complaint is made first.

“People will only complain if you are winnable,” he said, adding the case against Marcos could go either way.

Asked if Marcos had ever faced a disqualification case, election commission spokesperson James Jimenez said: “Not that I can recall, no.”

Marcos, whose father ruled the Philippines for almost two decades, much of that a harsh era of martial law, led an opinion poll conducted last month on preferred presidential candidates.

The poll body has scheduled a preliminary conference for Nov. 26 on an earlier disqualification complaint against Marcos filed by a group representing political detainees, human rights and medical organisations, who has said that petition “is without merit and has no legal basis”.

(Reporting by Karen Lema; Editing by Raju Gopalakrishnan, Martin Petty)

((karen.lema@thomsonreuters.com; +632 841-8938;))

This article originally appeared on reuters.com

Read More Articles About:
Worldwide News Philippine News Rates & Bonds Equities Economy Investment Tips Fine Living

You are leaving Metrobank Wealth Insights

Please be aware that the external site policies may differ from our website Terms And Conditions and Privacy Policy. The next site will be opened in a new browser window or tab.

Cancel Proceed
Get in Touch

For inquiries, please call our Metrobank Contact Center at (02) 88-700-700 (domestic toll-free 1-800-1888-5775) or send an e-mail to customercare@metrobank.com.ph

Metrobank is regulated by the Bangko Sentral ng Pilipinas
Website: https://www.bsp.gov.ph

Quick Links
The Gist Webinars Wealth Manager Explainers
Markets
Currencies Rates & Bonds Equities Economy
Wealth
Investment Tips Fine Living Retirement
Portfolio Picks
Bonds Stocks
Others
Contact Us Privacy Statement Terms of Use
© 2025 Metrobank. All rights reserved.

Access this content:

If you are an existing investor, log in first to your Metrobank Wealth Manager account. ​

If you wish to start your wealth journey with us, click the “How To Sign Up” button. ​

Login HOW TO SIGN UP