MANILA -- Malacañang on Monday denied it has reached a compromise agreement with the family of the late President Ferdinand Marcos regarding their sequestered assets.

In a statement, Presidential Spokesperson Harry Roque said the only development on the matter involves the proposal of a "creation of a legal team that would study a compromise agreement with the Marcos family."

The proposal was made by Atty. Oliver Lozano through a letter to Malacañang.

He noted the proposal was still not acted upon by the Palace.

Roque further clarified President Rodrigo Duterte will leave it to the Congress to determine whether the Marcoses will be granted immunity, as there was a House bill filed to do so.

President Duterte earlier said he was talking with members of the Marcos family to come up with a compromise agreement for their wealth. (PNA)