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Yamashita’s Treasure at Bacuit Bay
In Palawan, Philippines, Bacuit Bay is an island that on its own should be considered a treasure. Bacuit Bay is small, yet boasts a legendary story about Tomoyuki Yamashita’s lost treasures. A decorated general for the Japanese Army, it is speculated that Yamashita hid treasure in the caves of Bacuit Bay in the 1940s. Yamashita obtained his treasures by looting many bordering countries during the 30s until World War II. Yamashita’s treasures includes loot from Malaysia, India, Thailand and Burma, which were all shipped to the Philippines prior to their final destination—Japan. Unfortunately for Yamashita, Japan surrendered while he was still in the Philippines. Prior to being captured and hung, Yamashita hid his treasure in 172 different places on the island. He and his crew assumed they would eventually come back for the treasure. Some sources estimate that Yamashita’s treasures could be worth billions today. In the 70s, Rogelio Roxas found part of the treasure. Unfortunately President Ferdinand Marcos confiscated his findings and the remaining treasure located in that particular tunnel. Roxas sued and was awarded $22 billion dollars. Although the Marcos and Roxas family continue to battle in court, based on the story, there are more caves filled with Yamashita’s other treasures.
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