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MANILA: Ferdinand Marcos Jr, whose dictator father plundered the Philippines for decades, on Tuesday won a historic election victory, capping the political dynasty’s return to the presidential palace.
Ferdinand Marcos Jr,
Marcos, better known as “Bongbong”, trounced bitter rival Leni Robredo to become the first candidate in recent history to win a Philippines presidential election majority, marking a stunning comeback by the son and namesake of an ousted dictator that has been decades in the making. read more
Marcos fled into exile in Hawaii with his family during a 1986 “people power” uprising that ended his father’s autocratic 20-year rule, and has served in congress and the senate since his return to the Philippines in 1991.
Marcos’s runaway victory in Monday’s election now looks certain with 96% of the eligible ballots counted in an unofficial tally, showing he has more than 30 million votes, double that of Robredo. An official result is expected around the end of the month.
“There are thousands of you out there, volunteers, parallel groups, political leaders that have cast their lot with us because of our belief in our message of unity,” Marcos said in a statementstreamed on Facebook, standing beside a national flag.
Philippine stocks fell about 3% on Tuesday, tracking weaker global equities, but with analysts also citing concerns about a Marcos win, particularly its fiscal implications if he follows through on pledges to subsidise food and fuel. The peso currency , meanwhile, rose 0.3% against the dollar.
Many among the millions of Robredo voters are angered by what they see as a brazen attempt by the disgraced former first family to use its mastery of social media to reinvent historical narratives of its time in power.
Thousands of opponents of Marcos senior suffered persecution during a brutal 1972-1981 era of martial law, and the family name became synonymous with plunder, cronyism and extravagant living, with billions of dollars of state wealth disappearing.
The Marcos family has denied wrongdoing and many of its supporters, bloggers and social media influencers say historical accounts are distorted. Around 400 people, mostly students, staged a protest outside the election commission on Tuesday against Marcos and citing election irregularities.
The election commission, which said the poll was relatively peaceful, is due on Tuesday to rule on petitions seeking to overturn its dismissal of complaints trying to bar Marcos from the presidential race.
Human rights group Karapatan called on Filipinos to reject the new Marcos presidency, which it said was built on lies and disinformation “to deodorize the Marcoses’ detestable image”.
Marcos, who shied away from debates and interviews during the campaign, recently praised his father as a genius and a statesman but has also been irked by questions about the martial law era.
Marcos gave few clues on the campaign trail about what his policy agenda would look like but is widely expected to closely follow outgoing President Rodrigo Duterte, who targeted big infrastructure works, close ties with China and strong growth.