#unexplained wealth

Published on June 28, 2021

Benjamin Tolosa Jr., an associate dean and political science professor at Ateneo de Manila University, says the Marcos family’s wealth, which they’ve managed to preserve despite the efforts of Swift, Broder, and others, helps them retain influence. Political opponents say Bongbong used money stolen by his father to run ads during his 2016 vice presidential campaign. Scenes in The Kingmaker, a 2019 documentary about Imelda, show her swanning around Manila in recent years, handing out cash to the excited mobs that surround her car and to children at a cancer hospital. The estimated $10 billion that the family amassed “is tragically being used to consolidate the Marcoses’ power, prevent them from becoming fully accountable, and is now helping them to fully regain presidential power,” Tolosa says.

Unexplained Wealth Order: Nigerians with Assets in UK to be Revealed in 2018

The British Government will give the Federal Government information about Nigerians who own property in that country next year, a presidential aide has said. (more…)