U.S. District Court Judge Manuel L. Real, who has endured a rare public censure by the federal judiciary, the threat of impeachment and removal from several cases for questionable conduct, now faces demands to account for $5 million or more in apparently missing trust funds.

Lawyers for rival Filipino groups laying claim to the seized assets of late Philippines Dictator Ferdinand Marcos have petitioned a federal appeals court to demand that Real provide a detailed accounting of $35.3 million entrusted to him nearly a decade ago as U.S. courts were pondering who should receive the money.

The appeal, made public Wednesday, does not allege wrongdoing by Real. Rather, it disparages his single page of cryptically described account activity as raising concerns about whether the full amount and any earned interest has been returned, say lawyers who filed the petition last month with the 9th Circuit Court of Appeals…

In the challenge to his handling of Marcos’ funds, Real’s vague report on account activity over the past decade referred to $98 million in unspecified security purchases and $118 million in unspecified security sales, despite his own order against trading account assets and a 9th Circuit edict that he refrain from disbursing money until a final court judgment. It was impossible to verify whether the figures provided by Real were accurate or comprehensive…

Real has met with lawyers for all sides three times since the high-court judgment but provided only a single page of unspecified receipts and payments. In only two outlays mentioned over the decade he controlled the account, Real reported $63,398 for “trustee fees” and more than $4.9 million for “other disbursements.”

What crap! $4.9 million for “other”. Can I try that on the IRS? Will you send me cookies in prison?




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