on mobile, click “Listen in browser” for today’s theme
Is this the missing Picasso? Neither Marcos Jr nor his spox has answered the simple question of whether the painting seen in the video of Imelda Marcos’s living room when they visited is the missing Picasso — for a week now
“Missing Picasso Found? Photo Suggests Philippines’ Imelda Marcos Might Still Have It.
by Carlie Porterfield, Forbes Staff
May 13, 2022,03:02pm EDT
From forbes.com : “TOPLINE What might be a lost painting by Pablo Picasso was spotted at the home of Imelda Marcos, the former first lady of the Philippines and the widow of dictator Ferdinand Marcos–who allegedly embezzled billions of dollars from the Philippines before he was ousted–after her son Ferdinand Marcos Jr. won the presidential election this week.
“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
“It’s unclear if the painting shown in the images this week is also a copy–Imelda is known to have purchased and displayed bogus artwork–but Bautista has urged the government to act.
“A 2019 documentary about the Marcos family called The Kingmaker also captured footage of the Picasso after the 2014 seizure, director Lauren Greenfield confirmed.
“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. Most of the 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. …”