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Philippines / Marcos' Money #101764

ABC Evening News for Tuesday, Mar 04, 1986
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(Studio: Peter Jennings) Est. amount stolen by Ferdinand Marcos when he fled Philippines outlined; United States delegation said arriving in Manila to help Aquino government trace Marcos' assets.

(DC: John McWethy) Effort to determine amount actually taken out of country when Marcos and wife fled examined; unknown destination or cargo of pres. yacht cited as example Marcos' quest for diplomacy status in US, search for hsing. and effort to have United States government pay for his security arrangements outlined on screen, discussed; Philippine government mentioned asking United States government to hold all of Marcos' assets while court battle proceeds.

(DC: John Martin) Investigation of Philippine military contracts under Marcos, centered on Amworld, Incorporated office in San Francisco, California, explained, discussed. [Pentagon spokesperson Robert SIMS - notes basis of grand jury's suspicions.] Exs. of possible defrauding of United States government outlined on screen. Amworld executive Raymond Moreno, close friend of General Fabian Ver, said incommunicado; Ver mentioned signing Amworld contracts.

Jennings, Peter;
Martin, John;
McWethy, John

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