Rappler's latest stories on wealth
Saudi Aramco completes purchase of 70% stake in SABIC
Oil giant Saudi Aramco acquires a 70% stake in chemical giant SABIC for $69.1 billion
Saudi wealth fund 'shopping spree' belies economic pain
Amid Saudi Arabia's worst economic crisis in decades, the seemingly contradictory state policy to splurge billions on overseas assets is raising eyebrows
Norway wealth fund blacklists global resources, energy giants
The Bank of Norway says the sovereign wealth fund, worth about $1 trillion, has divested from several major companies
Norway taps sovereign wealth fund for record $41 billion
The Norwegian government plans to use 420 billion Norwegian kroner ($41 billion) to support an economy badly hit by the coronavirus pandemic and plunging oil prices
PCGG loses appeal, P102-billion case vs Marcos crony still junked
The Presidential Commission on Good Government fails to present new and compelling evidence to overturn the earlier decision, says anti-graft court Sandiganbayan
Did Marcoses really win? Sandiganbayan justice chides PCGG in P200-B case
Justice Maryann Corpus Mañalac, although concurring in the dismissal of the case, says unequivocally that the assets of the Marcoses are ill-gotten wealth, many of which have already been recovered
Are we hopeful for 2020? We have to be.
How to move on from the #Facepalm year that was 2019
Marcos family's entire art collection 'unlawfully acquired' – Sandiganbayan
The collection is ordered forfeited in favor of the Philippine government
Court rules: Marcos family need not return P200B in 'ill-gotten wealth'
(UPDATED) 'The bulk of documentary evidence offered by the plaintiff are mere photocopies, most of which are barely readable,' says the Sandiganbayan 4th Division
'Never again': Court forfeits Marcos wealth plus damages in telcom scam
(UPDATED) The Sandiganbayan limits its forfeitures to telecom company shares illegally acquired, and dismisses government claims against other assets of Juan Ponce Enrile and the Marcoses
Sandiganbayan affirms junking of P1-B Marcos case
The Presidential Commission on Good Government loses again
SC: Lucio Tan's PNB should not deposit $4.6M until Marcos case resolved
The First Division makes it clear, however, that the government has not lost the money yet, as it is an issue still pending in a Marcos civil forfeiture case
What's the latest on cases vs Imelda Marcos, family?
(UPDATED) It's a mix of convictions, acquittals, and still pending cases for all camps involved, including Marcos cronies
'Defects' in evidence: Another Marcos ill-gotten wealth case junked
The Philippine government submits heaps of bank documents and affidavits from bank executives to link the Marcoses to Fe and Ignacio Gimenez, but the Sandiganbayan dismisses the case as most of the evidence are mere photocopies
Sandiganbayan junks P1-B civil case vs Marcoses
The case is related to Bienvenido Tantoco, his family members, and former Tourist Duty Free Shops chairman Dominador Santiago who were allegedly used as dummies for the Marcoses to obtain P1 billion in ill-gotten wealth
FALSE: Jovito Salonga's 'letter' to Cory saying Marcos had no ill-gotten wealth
The signatures in the letter do not match those in government records
'Kung sino ang may pinag-aralan, 'yun pa ang nagko-corrupt'
The Office of the Ombudsman, tasked with recovering ill-gotten wealth from corrupt public officials, gives integrity awards to ordinary Filipinos who returned money they found while doing their jobs
[ANALYSIS] Just how valuable is the West Philippine Sea?
The monetary value of our marine ecosystems in 2007 was thought to be US$966.59 billion, or close to $1 trillion. Using the 2007 exchange rate, that’s P44.61 trillion or nearly 6.5 times our GDP back then.
Blame PCGG? Another multibillion-peso case vs Marcos lost in Sandiganbayan
The civil suit involves 3 cases of allegedly using dummies and government corporations to enrich the Marcoses
U.S. lawyer Swift: 'No doubt' Marcos family knows where ill-gotten wealth are
The missing paintings have 'a lot of value' that can be used to compensate victims of Martial Law, says human rights lawyer Robert Swift
Ombudsman Martires' wealth grows by P15 million in 2018
Ombudsman Samuel Martires releases only a summary of his SALN and not a full copy
Martires kicks out deputy ombudsman who probed Duterte
Ombudsman Samuel Martires implements the dismissal of Melchor Carandang, who looked into the alleged bank deposits of President Rodrigo Duterte and family in 2017
Duterte greenlights public auction of P700M worth of Imelda jewelry
The Presidential Commission on Good Government secures Malacañang's approval to auction off Imelda Marcos' Hawaii Collection
COA tells PCGG: Compel PNB to submit documents supporting P157-M expenses
The state auditors want to verify some $2.98 million disbursements made against the $5-billion recovered ill-gotten wealth of the Marcos family
The cold will inherit the Earth
It is not 'wealthy country warming' that is happening, but global warming. We all live in a planet that has been warming.
'No obligation' to explain 6-fold increase in wealth, says Sara Duterte
The President's daughter says she will only respond to questions about her wealth if a complaint is filed alleging violations of the law
Robredo on Duterte family wealth: All gov't officials must disclose assets
Vice President Leni Robredo says all government employees, regardless of position, are expected to be honest in declaring their wealth
Norway sovereign wealth fund, world's biggest, to dump oil and gas
(UPDATED) The government of Norway says the divestment is specifically targeting exploration and production companies, 'rather than selling a broadly diversified energy sector'
Bezos, Gates and Buffett still top the world's ultra rich – Forbes
According to the list by Forbes, the riches of Jeff Bezos, 55, have swelled by $19 billion in one year and he is now worth $131 billion
Court decisions prove Marcos ill-gotten wealth — Robredo
The vice president says there are court decisions, not only in the Philippines but also is Switzerland and the US, to prove that the Marcosses stashed ill-gotten wealth
Imee willing to sign bank waiver to prove no Marcos ill-gotten wealth
The anti-graft court has found evidence that Imee Marcos is a beneficiary of the illegal Swiss foundations created and maintained by their mother, Imelda Marcos
WATCH: Imee Marcos silent on 'benefiting' from illegal foundations
Ilocos Norte Governor Imee Marcos says she cannot comment while the case is still under appeal
Revilla concealed unexplained wealth, liable for graft – dissenting justice
The majority decision acquitting Bong Revilla of plunder only says it has not been proven beyond reasonable doubt that his unexplained bank deposits are kickbacks from Janet Napoles
HOAX: Marcos gold bars, jewelry ‘taken by Aquinos,’ opposition
The Marcoses’ ill-gotten wealth has been proven in courts and the wealth recovered is accounted for by the PCGG
No more criminal case vs Imelda at Sandiganbayan; 1 civil case near decision
(3rd UPDATE) The civil case seeks to recover P200 billion worth of alleged ill-gotten wealth filed against Imelda Marcos and children Imee, Bongbong and Irene, plus billions in damages
Show me the money: Wealth-flaunting meme goes viral in China
A viral meme 'Wealth-Flaunting Challenge' on China's popular Weibo platform has been viewed more than 2.3 billion times, drawing more than a million comments
P12-trillion reward? Supreme Court says no to 'Marcos wealth informant'
The Supreme Court also tells petitioner Danilo Lihaylihay that 'frivolous litigation...hampers the resolution of more meritorious cases'
'Mirror, mirror, on the wall, who's the greatest cheat of them all?'
While money is behind many things that are good and progressive about human lives, it is more notoriously known for being the root of unethical behavior
Court drops $5-M Marcos wealth case, leaves it to Calida to pursue
The Sandiganbayan says it's the Office of the Solicitor General and not the Office of the Ombudsman which should pursue the forfeiture case
SC junks P51-B PCGG claim vs Marcoses, cronies
The Supreme Court's First Division upholds a 2010 Sandiganbayan ruling which dismissed a PCGG complaint that sought damages from the estate of the late dictator Ferdinand Marcos and his cronies
Robredo slams plan to abolish, transfer PCGG to Calida's office
'Dagdag rin sa ating pangamba na mauwi ang pagsasawasto ng naging kasalanan ng pamilyang Marcos sa sambayanang Pilipino sa kasalukuyang Solicitor General,' says Vice President Leni Robredo
No 'historical revisionism' in moves to abolish PCGG – Roque
'Wala pong revisionism diyan dahil lahat ng katungkulan ng PCGG, ipagpapatuloy po ng Office of the Solicitor General,' says Presidential Spokesperson Harry Roque
House OKs bill abolishing agency hunting Marcos ill-gotten wealth
(UPDATED) If the bill is passed, the powers of the Presidential Commission on Good Government would be transferred to Solicitor General Jose Calida, who had defended the hero's burial for the late dictator Ferdinand Marcos
PCGG did not sell any ill-gotten property in 2017 – COA
PCGG chief Reynold Munsayac says he was held back by the notice of charge that the COA issued on past sales of the agency
Duterte to allow anti-corruption body to look into his bank records
President Rodrigo Duterte says the Presidential Anti-Corruption Commission is free to check his bank accounts but he won't give the same access to his political opponents
De Lima seeks inquiry into anti-money laundering law compliance
'Duterte should never be exempted from investigation and accountability,' says Senator Leila de Lima
Duterte on vagina remark, Senate orders Bautista arrest, Sheeran is best-selling artist | Midday wRap
Watch the midday newscast with Marguerite de Leon
Duterte probe terminated because AMLC refused to cooperate – Ombudsman
This development raises more questions: where did the bank records come from, and why did a different deputy ombudsman terminate the investigation?
Ombudsman probe into Duterte wealth already ‘terminated’ – Calida
(4th UPDATE) Calida asks the Office of the Ombudsman: Why not announce the termination?
