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Busted: Documents accusing Aquino admin of depositing gold in Thailand are fake and full of inconsistencies!

Articles about 3,500 metric tons of gold allegedly deposited in Thailand by the administration of former President Benigno Aquino III have surfaced on social media. Among those widely shared articles was an article published by trendingnewsportal.net.ph.

Here it is shared by the fan pages of Toni Gonzaga and PNP chief Director General Ronald “Bato” dela Rosa on Facebook:

[50_50_first]Aquino Depositing Gold in Thailand[/50_50_first][50_50_second]
Aquino Depositing Gold in Thailand[/50_50_second]

The article showed documents with the letterhead of the Department of Finance and the Bangko Sentral ng Pilipinas (BSP).

One document from the Department of Finance, dated December 22, 2014 showed that former Finance Secretary Cesar Purisima, authorized by the BSP and the United States of America Federal Reserve System, confirmed the printing of US$100 currency amounting to US$3 trillion. It was also attested by BSP governor Amando Tetangco.

Aquino Depositing Gold in Thailand

Another document showed what is supposedly Circular No. 49 Series of 2014 of the BSP, which is also dated December 22, 2014.

Aquino Depositing Gold in Thailand

We’d like to point out the inconsistencies in the document above.

  1. There is no such thing as Circular No. 49 Series of 2014 in BSP.

Here are the BSP circulars in 2014.

Aquino Depositing Gold in Thailand

There was no 49 in there. All the circular numbers were in three digits.

  1. The document cited “Section 50 of RA 7655,” which it claimed to be a regulation from the BSP authorizing Centennial Energy (Thailand) Company Limited to produce and issue US dollar currency.

However, we checked RA 7655 and it has nothing to do with the BSP at all.

Instead, RA 7655 is “An Act of Increasing the Minimum Wage of Househelpers, Amending for the Purpose Article 143 of Presidential Degree No. 442, As Amended.” It also does not have a Section 50 because it only has four sections. The law was also approved on August 19, 1993.

  1. “Section 51 of RA 7736” was also mentioned in the document. It was said to provide for the agreement between the US and the Philippines to produce US currency.

But RA 7736 is a law providing for the establishment of an extension high school at Brgy. Madarag in San Roque, Iloilo, to be called the San Enrique Manuel Palu-ay, Sr. Memorial Extension High School. The act only has four sections and was approved on June 3, 1994 during former President Fidel Ramos’ time.

  1. There is a note in bright red letters on the document that said, “Republic of the Philippines Corporation is on DE FACTO status, Kingdom Filipina Hacienda Autocratic Sovereign Monarchy is the existing DE JURE HOST GOVERNMENT.”

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It turned out that Kingdom Filipina Hacienda is a group based in Iligan City, led by Salvacion Espiritu Santo Legaspi, who is claiming to be the “true owner” of the Philippine archipelago. PEP.ph mentioned Legaspi and her group in a January 2015 article when they covered actress Rosanna Roces’ ramblings on Facebook about the group. Roces was said to have posted videos, which are now taken down, of her interviewing Legaspi, whom she called the “Apha and Omega.”

We also learned that trendingnewsportal was not the first blog to publish this article and the questionable documents. There were other blogs that posted about the documents as early as June 10 this year. However, the fake BSP and DOF documents may have come from the Kingdom Filipina Hacienda, seeing as how the group uploaded the documents on their Facebook page on May 2, accusing US President Barack Obama to be in connivance with several government officials in the Philippines and Thailand as well as a few banks.

Aquino Depositing Gold in Thailand

There is still another questionable document used as basis in accusing the Aquino admin of depositing tons of gold in Thailand.

Aquino Depositing Gold in Thailand

The document cited “Section 51 of RA 7735,” which it claimed to be providing for the production of US currency “for humanitarian projects and for ASEAN countries.”

However, RA 7735 is an act that provided for the establishment of a national high school in Brgy. Poblacion, Mawab, Davao, to be called as the Lorenzo S. Sarmiento, Sr. National High School.

And for such a serious document from the BSP, they still made a typographical error. It should have been “4. Section 4” instead of “3. Section 4.”

The same document then mentioned that attached to “Circular No. 49” is the “certified true of Gold Bullion certificate issued by Union Bank of Switzerland for “3,500 metric tons 99.999 purity, 12.5 kg/bar, which was taken out of the country and deposited at the above mentioned bank. Registered under the Ferdinand E. Marcos as the owner.”

Yes, the metric tons of gold was mentioned in the document, but it was misleadingly used as the title when the FAKE documents were actually talking about the printing of $100 dollars.

Of course, the most controversial aspect of this document is the fact that those who signed it included former Justice Secretary and now Senator Leila de Lima, former Interior Secretary Mar Roxas, former Senate President Franklin Drilon, BSP Governor Tetangco, and Finance Secretary Cesar Purisima.

But as what we’ve previously pointed out, the contents of the documents did not even make sense in the first place as they seem to be sprouting random laws to make their documents seem credible at first. So imagine how easy it would have been for whoever faked the documents to lift the signatures of the public officials named above off any public document.

All the inconsistencies in the documents lead us to believe that they are fake!

Sources: (aboutphilippines.ph, gov.ph, bsp.gov.ph, pep.ph)

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