Malacañang eyes faster forfeiture of illegal POGO assets

Malacañang is actively working to expedite the forfeiture of assets linked to illegal Philippine Offshore Gaming Operations (POGOs).

Executive Secretary Lucas Bersamin acknowledged that existing laws permit property forfeiture related to illegal activities but noted the process is typically very slow.

He emphasized that while due process must be observed, the government is making every effort to accelerate these proceedings.

Bersamin clarified that President Ferdinand Marcos Jr. does not require a specific directive for the forfeiture of illegal POGO properties, as it is a given consequence for involvement in criminal activities.

The Senate is also reportedly eyeing the passage of a bill authorizing the forfeiture of all POGO assets in favor of the government.

Properties found to be linked to illegal POGO operations will eventually become government assets and be disposed of accordingly.