A lost Pablo Picasso painting was found at Imelda Marcos’ home. She is the former first lady of Philippines and widow of Ferdinand Marcos Jr., who allegedly stole billions from the Philippines. This was after her son Ferdinand Marcos Jr. won this week’s presidential election.
After his victory in this week’s election, the family released images of Ferdinand Marcos Jr. celebrating with his mother at her home, and Picasso’s “Reclining Woman VI” appears on the wall of a sitting room above a sofa.
The painting was one of eight targeted by the Philippines’ government in a 2014 seizure of the Marcos’ assets, but the one seized by the corruption court was later found to be a replica, according to Andres Bautista, the former chairman of the agency tasked with recovering the Marcos family’s ill-gotten wealth
Before Ferdinand Marcos Sr. was ousted from the presidency after a popular uprising in 1986, he is believed to have embezzled as much as $10 billion from the nation’s coffers used to fuel a lavish lifestyle for himself and his family by famously buying massive troves of shoes and jewelry for Imelda, and acquiring an art collection worth millions, according to the Philippines’ graft and corruption court. The majority of this wealth has not been recovered. During his 21-year-regime, his administration had 70,000 peope detained on subversion charges, and killed and tortured thousands more, according to Amnesty International. Imelda was convicted of corruption charges in 2018, though has launched an appeal. Despite his family’s notorious reputation, unofficial results show Ferdinand Marcos Jr. won this week’s election by a landslide after a years-long campaign to rehabilitate the family’s image that critics said relied on mass disinformation.