Written Report - Yamashita’s Treasure Marcos’ Gold Written Report PDF

Title Written Report - Yamashita’s Treasure Marcos’ Gold Written Report
Author Raven Ralph Roque
Course Reading in Philippine History
Institution Don Honorio Ventura Technological State University
Pages 5
File Size 402.4 KB
File Type PDF
Total Downloads 20
Total Views 137

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Written Report - Yamashita’s Treasure Marcos’ Gold...


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COLLEGE OF BUSINES STUDIES

DON HONORIO VENTURA STATE UNIVERSITY Cabambangan, Villa de Bacolor 2001, Pampanga, Philippines Tel. No. (6345) 458 0021; Fax (6345) 458 0021 Local 211 URL: http://dhvsu.edu.ph

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DHVSU Main Campus, Villa de Bacolor, Pampanga

Yamashita’s Treasure: Marcos’ Gold (By CM Burns)

Brief background of Yamashita’s Treasure

COLLEGE OF BUSINES STUDIES

DON HONORIO VENTURA STATE UNIVERSITY Cabambangan, Villa de Bacolor 2001, Pampanga, Philippines Tel. No. (6345) 458 0021; Fax (6345) 458 0021 Local 211 URL: http://dhvsu.edu.ph



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The tale of Yamashita’s Treasure begins with Japan’s plundering of its neighbors before and during World War II.



The Japanese are said to have gathered stolen treasure and gold.



Takeda allegedly ordered the construction of the so-called ‘Golden Lilly’ tunnels – a huge network of underground tunnels dug into the mountains of the Philippines where the stolen loot was stored.



Instead of shipping the treasure back to Japan, Golden Lilly operatives began hiding the loot in caves and underground complexes throughout the Philippines.



Yamashita made his retreat into the Sierra Madre Mountains that rumors began to circulate that the general had hidden vast amounts of treasure there.



The Japanese believed that when the war ended, all this stolen wealth must be hidden away from the Allies so it could be collected in secret.



So Japanese officers even had their own soldiers killed and buried along with the treasure so nobody but Yamashita would be alive to reveal its true location.



Legend says that as Yamashita fled, he broke the treasure into many smaller stashes that were hidden along the line of his retreat.



Yamashita eventually surrendered and was sentenced to death.



Japanese soldiers who knew the locations of the loot were also killed.



So no one ever revealed the location of the various treasures.

Where is Yamashita’s Treasure Now? Many Yamashita researchers believe that a portion of the treasure has already been recovered by various parties in the sixty years since Yamashita’s execution. One of the rumors of recovery was Marcos’ Gold.

Marcos’ Gold

COLLEGE OF BUSINES STUDIES

DON HONORIO VENTURA STATE UNIVERSITY Cabambangan, Villa de Bacolor 2001, Pampanga, Philippines Tel. No. (6345) 458 0021; Fax (6345) 458 0021 Local 211 URL: http://dhvsu.edu.ph



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DHVSU Main Campus, Villa de Bacolor, Pampanga

Ferdinand Marcos – who became successively a congressman, senator, president, and a dictator of the Philippine



It was rumored that Marco’s rise in politics was financed in part by Yamashita’s hoard.



He recovered $8 billion from a tunnel known as “Teresa 2”, which was located 38 miles south of Manila, in the Rizal province.



He was the leader of the Ang Maharlika guerrilla force in northern Luzon during World War II and put him in the center of the action.



It’s a well-documented fact that he searched diligently, freely using his presidential powers and the nation’s armed forces in the hunt.



When Marcos declared martial law, He took full advantage to step up his treasure-hunting efforts.



Scraps of information leaked from Marcos’s inner circle indicating that the dictator did indeed find some sort of treasure.



He even hired an American, Robert Curtis, to search for the hidden treasure and re-melt gold bullion to conceal its origins.



Curtis later told of seeing bars of gold “stacked from floor to ceiling” in one of the Marcos’ provincial palaces.



When he fled the country, U.S. Customs agents discovered 24 suitcases of gold bricks and diamond jewelry hidden in diaper bags.



Certificates for gold bullion valued in the billions of dollars were allegedly among the personal properties of his family had surreptitiously taken with them when U.S. President Ronald Reagan provided them all safe passage to Hawaii.



Also, most compelling arguments for the existence of Yamashita’s treasure was the confession of

DON HONORIO VENTURA STATE UNIVERSITY Cabambangan, Villa de Bacolor 2001, Pampanga, Philippines Tel. No. (6345) 458 0021; Fax (6345) 458 0021 Local 211 URL: http://dhvsu.edu.ph

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COLLEGE OF BUSINES STUDIES DHVSU Main Campus, Villa de Bacolor, Pampanga

Imelda Marcos, which the bulk of her late husband’s fortune came from hidden WW2 Gold. 

She told several high ranking government officials that she was going to pay off the Philippine’s foreign debts by handing over 7000 pounds of gold bars.



The current President of the Philippine, Rodrigo Duterte, a firm supporter of the Marcos family, even seems to be involved in the negotiations for the return of the gold bars.

References: https://www.lifeofadventure.com/yamashitas-gold/ https://www.history.co.uk/shows/lost-gold-of-wwii/articles/yamashitas-gold

DON HONORIO VENTURA STATE UNIVERSITY Cabambangan, Villa de Bacolor 2001, Pampanga, Philippines Tel. No. (6345) 458 0021; Fax (6345) 458 0021 Local 211 URL: http://dhvsu.edu.ph

ISO 9001: 2015 QMS-Certified

COLLEGE OF BUSINES STUDIES DHVSU Main Campus, Villa de Bacolor, Pampanga...


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