The Marcos couple days before their ouster in February 1986. File photo by Agence France-Presse5. The estimated $8.26 million worth of personal items, peso and dollar bills, and time deposit certificates that the Marcos entourage brought with them when they fled to Hawaii on February 25, 1986 amid the EDSA uprising was nine times bigger than what the Marcos couple declared in their ITRs as their total income for 20 years and 27 times bigger than Ferdinand and Imelda’s total combined salaries as public officials
Here’s the summary of what the Marcoses brought with them to Hawaii estimated to cost $8.26 million based on the US Customs inventory, which was part of the book of late senator Jovito Salonga titled
Presidential Plunder: The Quest for the Marcos Ill-gotten Wealth:
-397 pieces and/or sets of jewelry estimated to cost $4.54 million
-Some 362,000 pieces of Philippine peso bills in 100, 50, 20, 10, 5, and 2 denominations worth P27.9 million or about $1.4 million at an exchange rate of P20 to a dollar in 1986. This does not include 69 pieces of US dollar bills in 100, 50, 20, 5, and 1 denominations worth $1,570.
-Eight certificates of time deposits issued in January and February 1986 with due dates of January and February 1988 worth P46.44 million or about $2.32 million at an exchange rate of P20 to a dollar in 1986
-Other items such as clothes, pen, guns, and clock
Linkback:
https://tubagbohol.mikeligalig.com/index.php?topic=83232.0
