Lawmakers discover P3.6 billion lost in BoC revenues
By Gerry Baldo 08/02/2011The failure of the Bureau of Customs (BoC) to locate 1,910 container vans containing highly dutiable goods may have resulted in revenue lost amounting to P3.6 billion.
The House committee on ways and means at a hearing yesterday discovered that the graft-ridden agency also failed to collect P180,000 worth of Customs duties on each of 2,219 vans that were transhipped to the Port of Batangas from Port of Manila and the Manila International Container Port (MICP) from January to May.
Valenzuela Rep. Magtanggol Gunigundo, vice chairman of the panel’s subcommittee on tariffs and Customs, yesterday lamented that BoC officials had allowed the entry of the container vans without passing through X-ray or manual inspections.
During the hearing, Gunigundo said that the 2,219 containers vans were supposed to be delivered to the Port of Batangas but only 309 reached their destination..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/metro/20110802met1.html
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