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04 December 2024
 
   
 
 

新聞 N E W S

  

World Economic Forum: Philippines’ Marcos Jnr ‘returns to scene of the crime’ to launch wealth fund in Switzerland

2023-01-19


Ferdinand Marcos Jnr, Philippines president speaks on the opening day of the World Economic Forum in
 

Marcos Jnr unveiled his multibillion-dollar sovereign wealth fund in Switzerland – a country his family was accused of hiding assets of ‘criminal origin’

In 1986, Marcos Jnr set off Switzerland’s first ever unilateral banking freeze when he tried to withdraw funds from his parents’ secret Swiss accounts

In what is being dubbed as “ironic” and “returning to the scene of the crime” Philippines President Ferdinand Marcos, Jnr previewed his multibillion-dollar sovereign wealth fund during a “soft-launch” at the World Economic Forum in Davos, Switzerland on Thursday.



 
 
 

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