China strikes suddenly, Marcos is in trouble, the involved amount exceeds one hundred billion US dollars, and there are 350 tons of gold. Duterte may turn the tables.
Just as the midterm election is approaching, Marcos has encountered a piece of bad news. He and his family have been reported and investigated by the authorities in Hong Kong. According to ATV Hong Kong reports, the Hong Kong Monetary Authority has received a report stating that Philippine President Marcos and his family have been long-term money laundering through the Hong Kong HSBC Bank, and they claim to have a large amount of solid evidence. It is understood that the informant has handed over the solid evidence to the relevant institutions in Hong Kong.
Undoubtedly, this is a piece of bad news for Marcos who is preparing for the midterm election. It is reported that the amount involved this time for Marcos and his family is very high, not a small number. According to related reports, the report materials involve the sale of 350 tons of unaccounted-for gold by the Marcos family, which was then cashed out by the HSBC Bank. The report also points out that the accounts of Marcos and his family in 18 global banks involve funds exceeding one hundred billion US dollars.
The corruption of the Marcos family is no secret. Not long ago, members of the Marcos family were just charged with corruption investigation, involving an amount of several billion US dollars. This time, the evidence listed by the whistleblower is very detailed, even including some details of money laundering. Obviously, this report is well-prepared and the evidence is conclusive. China's intervention at this moment, after obtaining corresponding evidence, may deal a fatal blow to Marcos. Because once solid evidence is found, Marcos will bear criminal responsibility. For Duterte, this time he really has the opportunity to turn the tide.
Source: https://www.toutiao.com/article/1830700821199872/
Disclaimer: The article only represents the author's personal views.