Under the Racketeer Influenced and Corrupt Organizations Act, the government can seek the forfeiture of all property Ferdinand and Imelda Marcos and Adnan Khashoggi allegedly obtained from racketeering if convicted of charges against them.
U.S. Attorney Rudolph Giuliani estimated the value of the Marcos assets to be "$250 million or more." Among the forefeitures sought by the government are the following properties:-40 Wall St., the largest office building on New York's premier financial street.
-The Crown Building, 730 Fifth Ave., New York.
-An office building at 200 Madison Ave., New York.
-Herald Center, a multi-storied boutique mall on Herald Square across from Macy's flagship department store in New York.
-A home at 2338 Makiki Heights Drive, Honolulu.
-A $6 million art collection.
-Property interests held by Gliceria Tantoco, wife of Bienvenido Tantoco Sr., the Philippines ambassador to the Vatican from 1983 to 1986. Mrs. Tantoco was president of Rustans Department Store in the Philippines and president of Sanmar Export Corp. of New York, which acted as chief purchasing agent for the store. The property interests include Appia Antica 247, Rome, Italy; and apartments 17D and 17M at 415 E. 54th St., New York.
-Billionaire Khashoggi's condominium in Olympic Towers, 641 Fifth Ave., the 45th and 46th floor, New York.
-The Marcoses', Tantocos' and Khashoggi's holdings in firms in the Caribbean, firms in the United States and in the Philippines and more than 50 bank accounts in the U.S., the Philippines, Venezuela, Panama, Canada, Japan, Spain and the Caribbean.