Tracing the Wealth of the Romualdez Family
In this two-part interview, we revisit the New York City property acquired by the Romualdez family – a prominent clan in Philippine politics –which was first exposed during the launch of this podcast. My assignment this week is to understand how the family of former House Speaker Martin Romualdez acquired their wealth.
We speak to Ruben Carranza, who was the commissioner of the Presidential Commission on Good Government from 2001-2004, in charge of litigating and investigating ill-gotten wealth accumulated by former President Ferdinand E. Marcos, his family, and associates – including the Romualdezes.
Now a lawyer with the International Center for Transitional Justice, he tells us about the family’s historical ties to the Marcos dictatorship, their rise to wealth and power, and the mechanisms they used to accumulate and hide their assets.
Stay tuned for Part 2.
Note: This episode was recorded in December but postponed for release to make room for reporting on the Bondi terrorist attack.
If you want to learn more about the New York City property, listen to Episode 1.
We speak to Ruben Carranza, who was the commissioner of the Presidential Commission on Good Government from 2001-2004, in charge of litigating and investigating ill-gotten wealth accumulated by former President Ferdinand E. Marcos, his family, and associates – including the Romualdezes.
Now a lawyer with the International Center for Transitional Justice, he tells us about the family’s historical ties to the Marcos dictatorship, their rise to wealth and power, and the mechanisms they used to accumulate and hide their assets.
Stay tuned for Part 2.
Note: This episode was recorded in December but postponed for release to make room for reporting on the Bondi terrorist attack.
If you want to learn more about the New York City property, listen to Episode 1.
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