Maria Irene Celestina Marcos-Araneta (born September 16, 1960) is the third child of Ferdinand Marcos, the 10th President of the Philippines, and First Lady Imelda Marcos.
She, her mother and brother have moved for the reversal of the Sandiganbayan's decision to forfeit in favor of the government all assets, investments, securities, properties, shares, interests, and funds of Arelma Inc.
being managed by Meryll Lynch Asset Management in New York.
Irene Marcos Araneta was named in the internationally-controversial Panama Papers, along with her husband, Gregorio Maria Araneta III, her sister Imee Marcos and her nephews Fernando Manotoc, Matthew Joseph Manotoc, and Ferdinand Richard Michael Manotoc.