Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Marcos, son of strongman, triumphs in Philippines presidential election

Published 05/08/2022, 02:18 PM
Updated 05/10/2022, 02:42 AM
© Reuters. FILE PHOTO: Philippine presidential candidate Ferdinand "Bongbong" Marcos Jr., son of late dictator Ferdinand Marcos, delivers a speech during a campaign rally in Lipa, Batangas province, Philippines, April 20, 2022. REUTERS/Eloisa Lopez

By Karen Lema and Neil Jerome Morales

MANILA, (Reuters) -Ferdinand Marcos Jr clinched a stunning runaway victory in the Philippines' presidential election on Monday in the first win by a majority since a 1986 revolution that toppled his late father's two-decade dictatorship.

An unofficial tally showed Marcos, popularly known as "Bongbong", had surpassed the 27.5 million votes needed for a majority, setting the stage for a once unthinkable return to rule of the Marcos family, 36 years after its humiliating retreat into exile during a "people power" uprising.

"I hope you won't get tired of trusting us," Marcos told supporters in remarks streamed on Facebook (NASDAQ:FB), a platform at the core of his political strategy.

"We have plenty of things to do," he said, adding "an endeavour as large as this does not involve one person."

Marcos Jr had 29.9 million votes, double that of Leni Robredo, the vice president, with 93.8% of the eligible ballots counted, according to the unofficial Commission on Elections (COMELEC) tally. Turnout was about 80%.

An official result is expected around the end of the month.

Despite its fall from grace, the Marcos family returned from exile in the 1990s and has remained a powerful force in Philippine politics, retaining its influence with vast wealth and far-reaching connections.

Marcos Jr has served as a governor, congressman and senator, his sister, Imee, is currently a senator and mother Imelda, the influential power-broker and widow of the late dictator, served four terms in congress. Marcos Jr's son Ferdinand Alexander was poised to win a seat in congress on Monday.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

STRONGMAN APPROACH

Marcos, 64, has presented no real policy platform, campaigning on a simple but ambiguous message of unity.

His six-year presidency is expected to provide continuity from outgoing leader Rodrigo Duterte, whose ruthless, strongman approach proved popular and helped him to consolidate power rapidly.

Analysts expect Marcos to focus on completing Duterte's multi-billion-dollar infrastructure upgrade and to seek close ties with China, but some say existing problems of corruption and nepotism in the Philippines could worsen.

A major boon for Marcos was him securing the president's daughter, Sara Duterte-Carpio, as his running mate, tapping her father's vast support and helping Marcos to make inroads in new voter territory. The unofficial count showed Duterte-Carpio had won the vice presidency with more than triple the votes of her nearest opponent.

Marcos was criticised for skipping presidential debates and made few media appearances during the campaign, enabling him to limit scrutiny and control his message via a network of influencers and bloggers granted broad access to his events.

Monday's outcome demonstrates the huge impact of a sophisticated social media operation aimed at younger Filipinos born after the revolution, and a proliferation of misinformation challenging historical accounts of the Marcos martial law era.

His camp insists it has not engaged in disinformation.

The Marcos family lived famously opulent lifestyles, but denies siphoning off billions of dollars of state wealth while at the helm of what historians consider one of Asia's most notorious kleptocracies. Many of Marcos Jr's supporters are convinced those past narratives of the former first family were lies peddled by his opponents.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

As the votes poured in, supporters outside the Marcos campaign headquarters jumped, waved flags and chanted "Marcos, Marcos, Marcos" ecstatically.

"We are very happy because of his wide lead... unity really prevailed," said Melai Ilagan, 20.

"Bongbong Marcos's wish that we all unite is becoming a reality."

Though Marcos refrained from giving a victory speech, his son, Ferdinand, said it was time to revel in their win.

"We should celebrate because I can say we already won," he told supporters. "Let us make true the promise of BBM, we will all rise again," he said, referring to his father.

'STRUCTURES OF LIES'

The win avenges Marcos Jr's loss to Robredo in the 2016 vice presidential election, a narrow defeat by just 200,000 votes that Marcos fought unsuccessfully to overturn.

In a clear swipe at Marcos, Robredo urged supporters to keep up the fight for the truth.

"We have many more things to fight for. Do not let go," she told a news conference.

"Keep standing. Insist on the truth. It took time to build the structures of lies. We have time and opportunity to fight and dismantle these."

About 65 million Filipinos were eligible to cast ballots for the president, vice president, legislative seats and thousands of local posts from governors to city mayors and councillors.

COMELEC said the election was relatively peaceful, with 15 security incidents, including three killings of security personnel in a region prone to political violence.

A high turnout caused long queues at polling centres, exacerbated in some areas by malfunctions in 533 of the 106,000 counting machines.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The National Union of People's Lawyers, whose members include victims of persecution under Marcos senior's martial law era, said the election was beyond comprehension and took aim at what it said was Marcos's historical revisionism.

"Fact can really be stranger than fiction. Or to be more precise, fiction can be repackaged into fact," it said in a statement.

"We shall carry on the fight even more intensely and await our redemption from this resurrected nightmare."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.