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DoF warns tax cheats, smugglers
Newly appointed Finance Secretary Frederick Go has declared a strong stance against tax evasion, smuggling, and graft offenders, warning that they will find no room under his term.
Go led the public auction of seven luxury vehicles seized from contractors Cezarah Rowena "Sarah" Discaya and Pacifico "Curlee" F. Discaya II.
The auction is expected to generate P103 million, with proceeds to be remitted directly to the Bureau of the Treasury and redirected towards public programs and projects.
The Department of Finance emphasized that it will not tolerate any illicit activities that deprive the people of vital revenues and harm national development.
The Bureau of Customs confiscated the vehicles in October for fraudulent certificates of payment and lack of import entry documents.
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