BOC seizes 44 luxury cars worth P900M from car repair shop in Taguig
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NewsTranscript
00:0044 luxury vehicles were seized from a car repair shop in Taguig,
00:05believed to be owned by Poco bosses and foreign nationals who keep the cars under Filipino names.
00:12The Bureau of Customs or BOC estimates the total value of the cars at 900 million pesos
00:19and is awaiting the owner's documentation. The shop's manager has promised to cooperate
00:25with the investigation which has also uncovered 300 million pesos in lost taxes due to improper
00:33payments.
01:03The POGO bosses or POGO operators who seized the cars, instead of selling them cheaply,
01:11they hid them in different establishments. This is one of the things they are hiding.