By: Elena Grace Flores
Why did George W. Bush think that the Philippines is the richest country in the world? It is because of the Yamashita gold that the late Ferdinand Marcos deposited in more than 150 countries of the world – with a Trust Fund at the Central Bank under the Marcos Foundation for the benefit of the Filipinos. Meaning to say, that his family is not even the direct heir of this alleged hidden wealth as Cory Aquino promulgated via the media just to discredit him from the presidency.
Youtube video by; Sky Player
[VIDEO]: This is a collection of videos from witnesses of the gold deposited by the late President Ferdinand Marcos to safeguard the interests of the Filipinos from hands-on previous bank employees to lawyers and financial experts here and abroad.
The Ultimate Truth
The wisdom of the late strongman and his knowledge as a lawyer tells him that if the unearthed gold will be awarded to finders with only a percentage to the government, they would be rumbling to claim the treasures that are not theirs in the first place, bringing chaos to the country. Instead, he exported these golds to different countries with bill of lading under the care of his widow, Imelda Marcos. The document at the Central Bank hereby said that those deposits are registered under the Marcos foundation for the benefit of the Filipinos. By having these gold reserves, the country will not suffer from tremendous amount of interests rates from debts – thereby not prone to global financial crisis.
Imelda and the Government must Join Hands
Former First Lady Imelda Marcos is vital in managing these unexplained wealth collected by her husband but she cannot move them alone. Since they are registered under the Marcos Foundation for the citizens of the Philippines, the government must initiate on how to manage them further. At the moment, they are just sitting in Central Bank and other countries overseas awaiting for further actions after the 50 year time deposit period. Marcos is dead for only 27 years now. When the right time comes, it would be Imelda’s heir and the new government that can facilitate that.
Marcos wanted to come back from Exile to Explain but Hindered by Cory Aquino
Marcos requested many times to come back to the country during his exile in Hawaii but he was not allowed by then President Cory Aquino. Instead of giving him the benefit of the doubt, she has caused confusion by insinuating that the treasures are stolen by Marcos – thereby giving it a bad name: Ill-gotten Wealth. Bongbong Marcos was right when he said that they don’t have it because Imelda only has the bill of lading in her possession but without the Central Bank’s ordering overseas banks to release, it would not be possible. Also if ever it can be released, they can only go to the Filipino people. Despite estimated to be in billions of dollars worth, the citizens of the Philippines would be in chaos if those are distributed individually. Marcos’ strategy was an act of a genius. The deposits are the reason why our economy never plummeted as far as we can’t handle.
It’s Unexplained and NOT Ill-Gotten Wealth
It is very sad why mainstream media stay away from trying to explain these facts to the people. They only report the developments in a daily basis that bring in more confusion especially when a politician mentions the alleged ill-gotten wealth again against a Marcos to stop him or her from getting higher government posts. Martial law compensations also are not anymore from the Marcoses because PCGG already sequestered their own overseas funds during the Aquino administration. This is the reason why Imelda commented that they did not steal from the people, instead they got robbed by the previous administration. However, the truth will set the Marcoses free and by then, people will be thankful to Apo Lakat Ferdinand Marcos!