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DFA 'not expecting anything' on issue of Marcoses Swiss accounts during Davos visit

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Job Manahan, ABS-CBN News 

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="President Ferdinand Marcos, Jr. and family pose for photos during his inauguration as the 17th President of the Philippines at the National Museum on June 30, 2022. George Calvelo, ABS-CBN News" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/news/09/15/20220630-marcos-inaugural-nm-gc-4.jpg"/><figcaption>President Ferdinand Marcos, Jr. and family pose for photos during his inauguration as the 17th President of the Philippines at the National Museum on June 30, 2022. <em>George Calvelo, ABS-CBN News</em></figcaption></figure></div><p>MANILA — The Department of Foreign Affairs (DFA) is &quot;not expecting anything&quot; that the issue of the Marcos family&#x27;s swiss bank accounts will be revived when President Ferdinand Marcos, Jr visits Switzerland next week. </p><p>Foreign Affairs Undersecretary Carlos Sorreta said no legal mechanisms &quot;have been triggered&quot; during the President&#x27;s participation for the 2023 World Economic Forum in Davos regarding this.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/focus/multimedia/slideshow/09/20/17/the-marcoses-ill-gotten-wealth">The Marcoses&#x27; ill-gotten wealth</a></li>	<li><a href="https://news.abs-cbn.com/blogs/insights/02/25/12/bongbong-had-direct-hand-trying-withdraw-213m-swiss-bank">Bongbong had direct hand in trying to withdraw $213M from Swiss bank</a></li>	<li><a href="https://news.abs-cbn.com/spotlight/06/30/22/here-comes-the-son-bongbong-delivers-marcos-redemption">Here comes the son: Bongbong delivers ultimate Marcos redemption</a></li></ul><p>&quot;Mayroon tayong malinaw na framework for legal cooperation with Switzerland, nag-negotiate po tayo ng mga agreements for cooperation on legal matters including even iyong mga matters that may relate to this issue that you are referring to,&quot; Sorreta told reporters when asked if they are anticipating the issue to be brought up by the public.</p><p>&quot;None of those mechanisms have been triggered, whether the Swiss government or anything so we don’t know, and we don’t expect anything. I don’t think it’s an issue,&quot; he added. </p><p>The official distanced himself when pressed further if there was a possibility the President may withdraw from his family&#x27;s Swiss bank accounts, as speculated by the public. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/06/12/19/fighting-graft-conviction-imelda-marcos-still-among-richest-lawmakers">Fighting graft conviction, Imelda Marcos still among richest lawmakers</a></li></ul><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=2414853" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div><p>Marcos will be in Davos for the WEF from Jan. 15 to 20, said the DFA.</p><p>In 2018, the Sandiganbayan 5th Division found President Marcos&#x27; mother, former First Lady and Ilocos Norte Rep. Imelda Romualdez Marcos, guilty in 7 counts of graft for using her Cabinet position to maintain Swiss bank accounts during the Marcos regime.</p><p>Marcos&#x27; graft cases stemmed from complaints filed in 1991 when prosecutors alleged that the Marcos family channeled public funds into their personal accounts overseas.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/nation/09/30/14/bongbong-what-swiss-accounts">Bongbong: What Swiss accounts?</a></li>	<li><a href="https://news.abs-cbn.com/news/11/09/18/imelda-marcos-found-guilty-of-graft">Imelda Marcos found guilty of graft, faces arrest</a></li></ul><p>The former first lady served as the Minister of Human Settlements and was a member of the Interim Batasan Pambansa during her husband&#x27;s presidency and dictatorship from 1965 to 1986.</p>

Foreign Affairs Undersecretary Carlos Sorreta said no legal mechanisms 'have been triggered' during the President's participation for the 2023 World Economic Forum in Davos regarding this.

DFA 'not expecting anything' on issue of Marcoses Swiss accounts during Davos visit

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DFA 'not expecting anything' on issue of Marcoses Swiss accounts during Davos visit

Job Manahan,

ABS-CBN News

Published January 12, 2023 05:13 PM PHT

Read More:

Swiss bank accounts

Marcos family

President Ferdinand Marcos Jr

swiss bank account Marcos

Davos trip Marcos

Marcos swiss accounts

corruption

graft

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