The bank records left in Malacañang that forced the money hunt to begin
Unable to add items
Sorry, we're unable to add the item because your cart is already full.
Add to basket failed.
Please try again later
Add to wishlist failed.
Please try again later
Failed to remove from Wish List.
Please try again later
Adding to library failed
Please try again
Unable to follow podcast
Unable to unfollow podcast
The bank records left in Malacañang that forced the money hunt to begin
-
Narrated by:
-
By:
The bank records left in Malacañang that forced the money hunt to begin
In this episode, we follow how abandoned bank records in Malacañang Palace opened a trail into the architecture of offshore finance and the four-stage struggle to recover stolen state assets. The episode asks why tracing, freezing, confiscating and repatriating illicit wealth so often stalls long before the money returns.
Person: Ferdinand Marcos
Location: Malacañang Palace
Event: discovery of filing cabinets with bank records (February 1986)
Topic: offshore financial secrecy and asset recovery
Period: postcolonial era through early 2000s reforms
- Soldiers searching Malacañang in February 1986 found filing cabinets stuffed with bank records and transaction histories.
- Marcos-directed funds moved through shell companies, nominee accounts, and foreign deposits across Switzerland, the Cayman Islands, Hong Kong, and other jurisdictions.
- Tracing stolen assets required reconstructing secret decisions across jurisdictions legally protected from scrutiny.
- The four stages-trace, freeze, confiscate, repatriate-each demand distinct legal tools, treaties, and political will.
- Countries like the United States adopted non-conviction based forfeiture after 2000 to convert freezes into recoveries, a tactic slow to spread elsewhere.
To listen to this podcast ad-free and access premium episodes, try our subscription with a 14-day free trial at obomedia.com.
© 2026 OBOMEDIA. All rights reserved.
This episode and its content (audio, text, and related materials) are the exclusive property of OBOMEDIA and are protected by applicable copyright laws. Reproduction, distribution, editing, or commercial use, in whole or in part, without prior written permission from OBOMEDIA is prohibited. For permissions, licensing, and business inquiries: business@obomedia.com.
adbl_web_anon_alc_button_suppression_t1
No reviews yet