Three Swiss nationals were conferred with the Presidential Medal of Merit for their “significant contributions” in recovering over $684 million in Marcos loot.

    In a statement, the Department of Foreign Affairs (DFA) identified the Swiss nationals as Guy Fontanet, former member of the Swiss Federal Parliament; Moritz Leuenberger, former federal councilor and president of the Swiss Confederation; and Dr. Sergio Salvioni, former member of the Swiss Federal Parliament.

    They were given the Presidential medal “for the legal assistance they had extended that led to the successful discovery, freezing, and eventual recovery of ill-gotten wealth of the Marcoses.”

    The wealth was deposited in Swiss banks and other financial institutions during former dictator Ferdinand Marcos’s 20 years in power.

    The Swiss nationals were also conferred the award “for contributing towards the restoration of democracy and upholding justice and human rights in the Philippines.”

    The ceremony was held at the Philippine Embassy in Berne on February 11 (Tuesday) with Philippine Ambassador to Switzerland and Liechtenstein Leslie Baja standing on behalf of President Benigno Aquino 3rd.

    The “dedication and commitment” of the three Swiss nationals “made possible the recovery from Swiss banks of Marcos’ ill-gotten wealth.”

    In a speech, Baja said the contributions made by Fontanet, Leuenberger and Salvioni will “forever be a part of Philippine history.” She also extended the gratitude of the Filipino people to the three.


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