A fugitive Philippines marine officer has surrendered after years on the run, saying he is ready to stand trial over two attempted coups against former president Gloria Arroyo.

Captain Nicanor Faeldon led 300 junior officers in a takeover of buildings in Manila's posh Makati business district in 2003.  During his trial four years later, he and several other officers walked out of the courtroom and occupied the deluxe Peninsula Hotel.  He has been in hiding ever since.

Faeldon, who will be presented to reporters Thursday, told a television station he was simply trying to call attention to alleged corruption under former President Arroyo. He says he is ready to face the consequences now that a new reform-minded president, Benigno Aquino III, has taken office.

Some information for this report was provided by AP and Reuters.