Sample of a small Marcos gold transaction through Sino-Singapora (Hong Kong) Limited dated January 17th, 1989 for 1,000 metric ton rollover from the Marcos files.
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Part of a multi-page verified gold transaction with Ferdinand Marcos. This page was a major mistake for the buyer. The transaction was completed in the Grand Duchy of Luxenbourg. The buyers representative wanted a notary on the agreement and went to the US Embassy in Luxenbourg. The Vice Council of the United States readily compiled as the document certifies, but she also copied this amazing document and minutes after they left it was being read by the CIA and the Asian Desk of the State Department. The result is that only the first two traunches went down, before the buyer was scared off from completing the purchase of the remaining two traunches.
The first page of the buy/sell agreement dated February 4, 1983, between The Mercantile Insurance Co.Inc, and the Engineering Construction Company, Ltd. Nassau, Bahamas. Daniel Swihart for the buyers and John Ramsingh for the sellers. This Agreement and 35 more pages spell out the four traunches being offered by Marcos. The first Traunch was for 716,045 bars each weighing 12.5 kgs. (approximately 25 US pounds) all 24 carats. The second traunch was for 239,400 bars of the same weight and finess. These two tranches were concluded. The third traunch was for 1,809,508 bars of the same weight and finess, and the fourth traunch was for 2,167,230 bars. The first two totalling 946,445 bars was transfered. Had the entire deal gone down, it would have represented 4,923,183 bars each weighing 25 pounds, or 123,079,575 total pounds, or 1,476,954,900 troy ounces. At the listed purchase price per troy ounce, this transaction was worth over $552 million US dollars, or over a half a billion.
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Authorization for transfer of the first $5 billion dollars to start the purchase of traunch one signed by the Governor of the Central Bank, dated April 21, 1982, which was required to be deposited in order to make the first disclosure.
Letter on Presidential stationary dated May 3, 1983, authorizing the first traunch and designating Candalaria V. Santiago as his most trusted woman. Actually she was one of three trustees and the main trustee on this sale.
A letter from the Office of the President, dated April 28, 1983, signed by Konesehala/Candalaria V. Santiago for President Marcos
Photo taken February 1975 at Ferdinand Marcos's summer palace in Marivales, Bataan.This photo was taken minutes after the Author saw and examined the Roger Roxas golden buddha and was taken to the vault under the palace and shown a room full of gold stacked floor to ceiling with mostly 75 kilo gold bars.
Photo taken February 1975 at Malacanang Palace in Manila in the private office of Ferdinand Marcos. This was the first time Author had personally met the President even though they had talked on the phone previously. This was a formal introduction.
Fishing on PT boat taken on February 1975 off the bay in front of the summer palace at Marivales during a recreational fishing trip when Marcos was wining and dining the Author.
Photo taken February 1975 when Author was using presidential helicopter to tour various treasure sites. This one is on the Island of Corregidor in front of the bombed out movie house on Topside in proximity of two major treasure future excavation sites.