Seizure / forfeiture
Ferdinand Marcos: $658M moved in 2003
Swiss banks transferred $658m of deposits traced to his family back to the Philippine government.
The figure
- Amount658,000,000 US dollars
- CategorySeizure / forfeiture
- CorridorZurich, Switzerland → Manila, Philippines
- Distance10.4K km apart
- Year reported2003
- Documentation confidence88/100
What that amount buys
$658M is roughly 9 long-range private jets, 1.6K median-priced US homes, or 8.2K years of median US household income.
Ferdinand Marcos is publicly known as former president of the philippines. The arc drawn for this entry joins Zurich and Manila because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →