Imee Marcos linked to offshore trust

Ilocos Norte Gov Imee Marcos, is a beneficiary of a secret offshore Sintra Trust, financial records uncovered by the International Consortium of Investigative Journalists show (ICIJ). Formed in June 2002 in the British Virgin Islands, Sintra Trust also lists as beneficiaries Marcos’ sons by estranged husband Tomas Manotoc: Ferdinanc Richard Michael Marcos Manotoc, Matthew Joseph Marcos Manotoc, and Fernando Martin Marcos Manotoc. In its report, the Philippine Center for Investigative Journalism pointed out that government officials are required by law to disclose all their assets, but Imee Marcos’ disclosure statements do not list Sintra Trust or the two other offshore entities linked with her. The Presidential Commission on Good Government wants to find out if the 3 entities contain some of the US$5 billion that former president Ferdinand Marcos collected and tried to keep hidden.

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