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View all search resultsThe President may forget he and the House of Representatives were united in castrating the powerful and much-feared KPK through Law No. 19/2019 that revised Law No. 30/2002 on the KPK in September 2019.
According to a survey of more than 3,200 high-net-worth families conducted by Williams Group Wealth Consultancy, around 70 percent of wealthy families lose their fortune by the second generation, and 90 percent by the third.
The Presidential Commission on Good Government (PCGG) has since 1986 retrieved about $5 billion from the family of incumbent President Ferdinand Marcos Jr, but about $2.4 billion is still caught up in litigation.
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