BONGBONG MARCOS HELPED HIDE $20 BILLION ILL-GOTTEN WEALTH IN SWISS BANK

When Ferdinand “Bongbong” Marcos Jr was 26, living in Hawaii after his father was deposed by a people power rebellion in February 1986, a first-hand account shows that he was privy to the Marcos deposits in the Swiss banks, particularly Credit Suisse. It is not clear if he knew the amounts involved but these were estimated at $10 to $20 billion, alleged to have been illicit wealth. Part of this has since been transferred to the Philippine government.

Deposed  President Ferdinsnd Marcos assigned to Bongbong the task of coordinating with their contact in Credit Suisse to keep their funds intact.

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