CLAIM: Southeast Asian leaders flocked to President Ferdinand Marcos Jr. because of Marcos gold stashed in Indonesia


YouTube channel PweDelie falsely claimed on Sept. 5 that leaders of countries belonging to the Association of Southeast Asian Nations (Asean) flocked to President Ferdinand Marcos Jr. because of his family’s stash of gold in Indonesia, where the bloc held its 43rd summit.

The channel flashed a bogus “certificate of entitlement” carrying the supposed signatures of the late dictator Ferdinand Marcos Sr., former finance minister Cesar Virata, and former central bank governor Jose Fernandez, shortly after a clip of Marcos Jr. and First Lady Lisa Araneta Marcos arriving at the summit in Bali.

One indication that the supposed certificate is a fake: It came with the letterhead of the defunct Central Bank of the Philippines (CBP), the predecessor of the current Bangko Sentral ng Pilipinas (BSP), while the logo of the Indonesian central bank was inexplicably at the footer.

Fernandez was also shown carrying the title “Chairman of the Board (sic) of Governor, Central Bank of the Philippines.” The was no such title. 

The governing board of the defunct CBP, under Republic Act 265 that created the central bank, was called the “Monetary Board.” It continues to be referred to as the Monetary Board, as stated in Republic Act 7653 that created the BSP in 1993 to replace the debt-saddled CBP.

The deceit was obvious – to connect Marcos Jr.’s Asean summit participation in an overseas location (Indonesia) to outlandish tales of gold supposedly hidden by the Marcoses offshore.

Needless to say, Asean leaders did not flock to Marcos Jr. because he possessed the key to a gold hoard in Indonesia. There is no such thing.


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