Is there any bit of truth about Yamashita's treasure in WW2?

see this page http://en.wikipedia.org/wiki/Yamashita%27s_gold

History Of Yamashita Treasure

Search " Yamashita gold " on the internet. There are several sites about the legends and attmepts to find the treasure. There are some interesting stories about it on the net. Some of it may have already been found and kept secret. There may be more of it still hidden, waiting for someone to find it.

It sounds like nonsense to me.

It seems very unlikely that the Japanese would have moved treasure to an exposed province to conceal it.

The story seems invented to account for the origin of the Marcos wealth.

Yamashita's gold, also referred to as the Yamashita treasure, is the name given to the loot stolen in Southeast Asia by Japanese forces during World War II and hidden in caves, tunnels and underground complexes in the Philippines.[1] The number, size and value of the loot troves in the Philippines are unknown.

The "gold" reportedly included many different kinds of valuables looted from banks, depositories, temples, churches, other commercial premises, mosques, museums and private homes. It takes its name from General Tomoyuki Yamashita, who assumed command of Japanese forces in the Philippines in 1944.

According to various accounts, the loot was initially concentrated in Singapore, from where it was later relayed to the Philippines.[2] The Japanese hoped to ship the treasure from the Philippines to the Japanese home islands after the war ended. As the Pacific War progressed, Allied submarines and aircraft inflicted increasingly heavy losses on Japanese merchant shipping. Some ships carrying loot back to Japan were sunk.

Several historians have made well-documented cases that Yamashita's gold was substantial.[3] Sterling Seagrave & Peggy Seagrave have written two books which deal with Yamashita's Gold: The Yamato Dynasty: the Secret History of Japan's Imperial Family (2000) and Gold Warriors: America's Secret Recovery of Yamashita's Gold (2003). They have supported their claims with CD-ROMs containing 900 megabytes of documents, maps and photographs, available with the initial edition of Gold Warriors.

The Seagraves and other historians have argued that looting was organized on a massive scale, by both yakuza gangsters such as Yoshio Kodama, and the highest levels of Japanese society, including Emperor Hirohito.[4] The Japanese government intended that loot from Southeast Asia would finance Japan's war effort. The Seagraves allege that Hirohito appointed his brother, Prince Chichibu, to head a secret organization called Kin no yuri ("Golden Lily"), for this purpose.

Many of those who knew the locations of the loot were killed during the war, or later tried by the Allies for war crimes and executed or incarcerated. Yamashita himself was executed for war crimes on February 23, 1946.

The Seagraves and other historians have claimed that United States military intelligence operatives located much of the loot; colluded with Hirohito and other senior Japanese figures to conceal its existence, and; used it to finance US covert intelligence operations around the world during the Cold War.[5]

It is also alleged that Ferdinand Marcos (who was President of the Philippines in 1965-86), recovered U.S.$8 billion from one concealed tunnel known as "Teresa 2", 61 km (38 mi) south of Manila, in Rizal province.[6] In 1996, a U.S. Federal Court made a ruling that Marcos had stolen a cache of recovered Japanese loot, from a man named Rogelio Roxas.[7] According to his family, Roxas found a one-tonne solid-gold Buddha and thousands of gold bars in a tunnel near Baguio in 1971. Roxas died prematurely in suspicious circumstances, leading to suggestions that he was murdered. The court awarded U.S.$22 billion, against Marcos's estate, to the heirs of Roxas. This amount was greatly reduced on appeal.[8]

Critics have questioned the extent to which the loot existed. In particular, Filipino historian Rico Jose has questioned the theory that treasure from mainland South East Asia was transported to the Philippines: "[by 1943] the Japanese were no longer in control of the seas... It doesn't make sense to bring in something that valuable here when you know it's going to be lost to the Americans anyway. The more rational thing would have been to send it to Taiwan or China."[9]

Many individuals and consortiums, both Filipino and foreign, continue to search for treasure sites. A number of accidental deaths, injuries and financial losses incurred by treasure hunters have been well-documented.[10]