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12/29/2004:

"U.S. Court Blocks Access to Marcos Assets"

A U.S. appeals court has upheld a lower court's ruling freezing assets of the late Philippine president Ferdinand Marcos that are being held in banks around the world.

In a decision issued Tuesday, the 9th U.S. Circuit Court of Appeals in San Francisco ruled that the Philippine government, which wants the money, lacks the standing to challenge the freeze.

Full Article : guardian.co.uk