Frontline Season 5 Episode 11

Frontline Season 5 Episode 11 In Search of the Marcos Millions

  • May 26, 1987

In "In Search of the Marcos Millions," Frontline investigates the alleged wealth of former Philippine President Ferdinand Marcos and his wife, Imelda. The episode delves into the couple's extravagant spending during their time in power and the global hunt for their assets following their ousting in 1986.

The episode starts with a look at the lavish lifestyle the Marcoses enjoyed, including their art collection, jewelry, and real estate holdings, which were estimated to be worth billions of dollars. The Marcoses claimed that much of their wealth came from inheritance and legitimate investments, but critics believed that the couple accumulated their fortune through corruption and embezzlement.

Frontline interviews a number of people involved in the search for the Marcoses' assets, including investigators, lawyers, and activists. They discuss the challenges of tracing the money trail, many of which were due to the Marcoses' shrewd tactics for hiding their wealth.

One such strategy involved creating shell companies and offshore bank accounts to launder money and purchase assets without attracting attention. The Marcoses also reportedly relied on the help of friends and allies who held assets in their name in exchange for kickbacks.

Despite these obstacles, the search for the Marcoses' assets continued. The episode profiles a number of key players in this endeavor, including the lawyers and activists who helped the Philippine government build a case against the Marcoses and recover some of their assets.

One of the most dramatic moments in the episode is the revelation of a secret Swiss bank account held by Imelda Marcos, which had been hidden for years. This account contained millions of dollars in assets, including valuable artwork and jewelry.

Through interviews with key figures in the case, as well as archival footage and documents, "In Search of the Marcos Millions" paints a fascinating portrait of the Marcoses and their alleged ill-gotten gains. The episode highlights the perseverance of those who sought to hold the Marcoses accountable for their crimes and the ongoing efforts to recover their stolen wealth.

Overall, "In Search of the Marcos Millions" is a compelling and informative look at one of the most notorious cases of political corruption in recent history. It offers a detailed and nuanced exploration of the complex issues involved in tracking down stolen wealth and bringing corrupt officials to justice, making it a must-watch for anyone interested in politics, law enforcement, or global finance.

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Description
  • First Aired
    May 26, 1987
  • Language
    English