Author Topic: Rosmah Mansor vs Imelda Marcos: Who spent more?  (Read 505 times)

islander

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Rosmah Mansor vs Imelda Marcos: Who spent more?
« on: December 20, 2019, 09:05:31 PM »

Rosmah Mansor vs Imelda Marcos: Who spent more?


Ms Rosmah Mansor (left), the wife of former Malaysian prime minister Najib Razak, and former Philippine First Lady Imelda Marcos.

28 JUNE, 2018

PETALING JAYA — After the reveal of the value of luxury items seized in police raids on properties linked to former Malaysian prime minister Najib Razak, as part of the probe into state investment firm 1Malaysia Development Berhad, comparisons to former Philippines president Ferdinand Marcos and his wife Imelda Marcos were inevitable.

In the 1980s, during the Marcoses two-decade rule, they made headlines for corruption and kleptocracy scandals, similar to the current controversies surrounding former Malaysian prime minister Najib Razak and his wife Rosmah Mansor.

Former Philippine First Lady Imelda Marcos was known for her colossal shoe collection and opulent spending, which eventually led to her and her husband's exile.

The Malaysian authorities said the total market value of luxury watches, jewellery, high-end handbags, and cash recently seized at properties linked to Datuk Seri Najib amounted to a jaw-dropping RM1.1 billion (S$372 million).

The jewellery alone was worth between RM660 million to RM880 million.

Which "First Lady" and her husband spent more? Find out in the face-off below.

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=91898.0
Republic Act 8485 (Animal Welfare Act of 1998, Philippines), as amended and strengthened by House  Bill 6893 of 2013--- violation means a maximum of P250,000 fine with a corresponding three-year jail term and a minimum of P30,000 fine and six months imprisonment

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islander

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Re: Rosmah Mansor vs Imelda Marcos: Who spent more?
« Reply #1 on: December 20, 2019, 09:09:09 PM »

Round 1: Jewellery

Two years ago, CNN reported that Imelda's jewellery collection was worth approximately US$21 million (S$30.4 million today).

Some of the luxury items US Customs impounded in 1986 when the Marcos family fled to Hawaii:

― a 150-carat Burmese ruby with diamond brooch valued at US$290,000

― a 30-carat Bulgari diamond bracelet valued at US$1 million

― one tiara with Mabe pearl, diamonds and rubies valued at US$47,105

― a sapphire, ruby and diamond set comprised of a bracelet, a pair of earrings and one brooch consisting of sapphires, rubies, diamonds valued at US$1.5 million

― rare 25-carat pink diamond, worth approximately US$5 million

The Malaysian police seized from Najib-linked homes:

― a yellow-and-gold necklace valued at RM6.4 million, which was the single most expensive item.

― Earrings — 2,800 set pieces

― Rings — 2,200 pieces

― Bangles — 2,100 pieces

― Brooches — 1,600 pieces

― Necklaces — 1,400 pieces

― Tiaras — 14 pieces

The winner: Malaysia. Fourteen tiaras against one is pretty hard to top. Plus, the market value of the jewellery was estimated to exceed RM500 million, at between RM660 million and RM880 million.

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=91898.0
Republic Act 8485 (Animal Welfare Act of 1998, Philippines), as amended and strengthened by House  Bill 6893 of 2013--- violation means a maximum of P250,000 fine with a corresponding three-year jail term and a minimum of P30,000 fine and six months imprisonment

Book your travel tickets anywhere in the world, go to www.12go.co

islander

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Re: Rosmah Mansor vs Imelda Marcos: Who spent more?
« Reply #2 on: December 20, 2019, 09:11:05 PM »

Round 2: Bags and shoes

While Imelda was known for her colossal shoe collection, Birkin bags in recent years became a favourite talking point among Malaysians for their eye-watering price tags and symbol of wealth.

The former Philippine First Lady's shoe haul included:

― 3,000 pairs of shoes, including brands such as Gucci, Charles Jourdan, Christian Dior, Salvatore Ferragamo, Chanel, Pierre Cardin, Prada and Bally.

― Though the total value of Imelda's shoes is not known, museum staff Jimmy de la Rosa told ABC News that in the 80s, a pair of Filipino-made shoes cost between US$6 to US$11, while imported shoes cost US$100 or more.

The Malaysian police seized from Najib-linked home:

― 567 handbags from 37 high-end brands, including Hermes, Prada, Chanel and the notoriously exclusive Bijan.

― The value of the Hermes bags alone was RM51.3 million, while some of the custom-made Bijan bags were valued at RM1.6 million.

The winner: Malaysia. You don't have to be a math genius to figure this one out.

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=91898.0
Republic Act 8485 (Animal Welfare Act of 1998, Philippines), as amended and strengthened by House  Bill 6893 of 2013--- violation means a maximum of P250,000 fine with a corresponding three-year jail term and a minimum of P30,000 fine and six months imprisonment

Book your travel tickets anywhere in the world, go to www.12go.co

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islander

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Re: Rosmah Mansor vs Imelda Marcos: Who spent more?
« Reply #3 on: December 20, 2019, 09:15:16 PM »

Round 3: Shopping sprees

In 1983, Imelda reportedly spent:

― US$7 million in 90 days, according to People.

― US$3 million in a single day in New York, including US$2 million on fine jewellery and US$35,000 on limousines.

― In Rome, Imelda bought a US$3.5 million Michelangelo painting.

― She once bought US$2,000 worth of chewing gum.

― In Rome, she made her aircraft do a mid-air U-turn because she forgot to buy cheese.

Here's what The Wall Street Journal (WSJ) said about Mr Najib's alleged holiday expenses:

― The Wall Street Journal reported that US$130,625 was spent at a Chanel store in Honolulu in 2014.

― The WSJ also revealed that more than US$14 million was transferred to Malaysian clothing store Jakel.

― €750,000 (S$1.2 million today) spent at a Swiss jewellery store in August 2014.

― In 2011, the couple spent US$56,000 at a car dealership in Kuala Lumpur.

The winner: The Philippines. The cheese U-turn definitely takes the cake.


*Inflation figures obtained via CPI Inflation Calculator

MALAY MAIL
https://www.todayonline.com/

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=91898.0
Republic Act 8485 (Animal Welfare Act of 1998, Philippines), as amended and strengthened by House  Bill 6893 of 2013--- violation means a maximum of P250,000 fine with a corresponding three-year jail term and a minimum of P30,000 fine and six months imprisonment

Book your travel tickets anywhere in the world, go to www.12go.co

unionbank online loan application low interest, credit card, easy and fast approval

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