Philippines presidential candidate Ferdinand Marcos Jr., along with his mother Imelda, has long tried to thwart efforts to recover billions of dollars plundered during his father’s autocratic rule. If Marcos becomes president in elections on May 9, he will have the authority to appoint the head of the agency set up to recover the family’s riches. But a Reuters review of court filings, government documents and legal depositions by the presidential candidate, along with interviews with former investigators and lawyers, underscore the role Marcos has played in protecting the family’s wealth and thwarting efforts to retrieve it.
Reuters reveals Marcos could control hunt for family’s wealth as Philippines’ president
03 May 2022, 6:00 am 1 minute
Topics of Interest: EconomyGovernmentPolitics
Type: Reuters Best
Sectors: Economy & PolicyGovernment & Public Services
Media Types: Text
Customer Impact: Important Regional StoryMajor Global Story