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- The overseas landholdings of the Marcos family, which the Philippine government and the United Nations System's Stolen Asset Recovery Initiative consider part of the $5 billion to $13 billion "ill-gotten wealth" of Ferdinand and Imelda Marcos, are said to be distributed worldwide in places including California, Washington, New York, Rome, Vienna, Australia, Antilles, the Netherlands, Hong Kong, Switzerland and Singapore. These are aside from the fifty-or-so Marcos mansions acquired by the Marcos family within the Philippines itself. The best known of these properties are the Marcoses' multi-million dollar real estate investments in the United States, particularly Imelda's purchases of buildings and real estate in New York, the estates purchased in New Jersey for the use of the Marcos children, Jose Yao Campos's investments in Seattle, various properties in Hawaii including the Makiki Heights estate where they lived during their exile, and their ownership of the California Overseas Bank in Los Angeles. According to Ricardo Manapat's book Some Are Smarter Than Others, which was one of the earliest to document details of the Marcos wealth, lesser-known properties include gold and diamond investments in South Africa, banks and hotels in Israel, and various landholdings in Austria, London, and Rome. Many of these properties are said to have been acquired under the name of several Marcos cronies. One of them, Jose Yao Campos, cooperated with the Philippine government and made an immunity deal, revealing how he fronted Marcos's investments both locally and abroad via numerous interlocking shell corporations. (en)
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| rdfs:comment
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- The overseas landholdings of the Marcos family, which the Philippine government and the United Nations System's Stolen Asset Recovery Initiative consider part of the $5 billion to $13 billion "ill-gotten wealth" of Ferdinand and Imelda Marcos, are said to be distributed worldwide in places including California, Washington, New York, Rome, Vienna, Australia, Antilles, the Netherlands, Hong Kong, Switzerland and Singapore. These are aside from the fifty-or-so Marcos mansions acquired by the Marcos family within the Philippines itself. (en)
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