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Home Fact Check

FACT CHECK: The Marcoses will use the Maharlika Fund to access the gold that they will distribute to Filipinos #FactsFirstPH

Baguio Chronicle by Baguio Chronicle
December 24, 2022
in Fact Check
Reading Time: 3 mins read
FACT CHECK: The Marcoses will use the Maharlika Fund to access the gold that they will distribute to Filipinos #FactsFirstPH
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Claim: The Marcoses will use the Maharlika Fund to access the gold that they will distribute to Filipinos ala Santa Claus
Rating: FALSE
Facts: Is there really a Marcos gold? Is there really a quadrillion dollar worth of gold from the family when the total worth of gold mined throughout history was just more than 1 trillion dollars?
https://www.rappler.com/…/marcos-family-owns…/
If the Marcoses indeed have gold deposited in 177 banks as Imelda Marcos alleged, will they use it to distribute to the masses like Santa Claus?
https://www.philstar.com/…/marcos-gold-ease-our…
Of course, they won’t.
https://www.facebook.com/photo?fbid=536908478480540&set=a.495685952602793
Why we fact-checked this: If you still dream of a golden Christmas, dream on.
#FactsFirstPH
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Hailed by the Philippine Press Institute’s Annual Community Press Awards for Excellence as the country’s Best Edited Community Newspaper. Best in Photo Journalism-Weekly 2015 & 2016 and Best in Environmental Reporting-Weekly in 2018.

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