The family of the Philippine president is exposed to be suspected of money laundering in bulk gold transactions, with the involved amount exceeding one hundred billion US dollars.

The family of Philippine President Ferdinand "Bongbong" Marcos Jr. is suspected of money laundering in Hong Kong under the guise of large-scale gold transactions. According to reports, Taiwanese businessman Peng submitted evidence materials to the Anti-Money Laundering Department of the Hong Kong Monetary Authority on April 14 and reported that this family was involved in money laundering, with an especially huge amount at stake.

On April 28, according to ATV News reports, the Hong Kong Monetary Authority has established a special task force involving a large number of gold trades. The whistleblower possesses evidence of one batch weighing 350 tons and obtained information about the family's 18 bank accounts worldwide, involving funds exceeding tens of billions of US dollars.

The whistleblower claims that the Marcos family has held a massive amount of gold since the 1990s, far exceeding normal commercial or personal holding scales, and cannot provide proof of legitimate origin, suspecting it to be illegal proceeds. According to the Hong Kong "Anti-Money Laundering and Counter-Terrorist Financing Ordinance," handling large assets requires fulfilling due diligence obligations to ensure the legality of the source of wealth. If the situation is true, the family will be suspected of violating the law.

Support the action of the HKSAR government to thoroughly investigate and strictly review. If the evidence is conclusive, confiscate according to the law.

Original article: https://www.toutiao.com/article/1830633741342720/

Disclaimer: This article solely represents the author's viewpoint.