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Govt loses ₧8.7B after giving tax perks to vaccine imports

FOREGONE revenues from tax and duty exemptions on Covid-19 vaccine imports processed by the Department of Finance (DOF) last year reached almost P8.7 billion. Finance Assistant Secretary Dakila Elteen M. Napao of the DOF’s Revenue Operations Group (ROG) said these foregone revenues amounting to P8.699 billion accounted for 37 percent…
Dakila Elteenm Napao Carlosg Dominguez Revenue Office Bureau Of Customs Department Of Finance Revenue Operations Group

PDEA nabs 12 persons in 2 drug dens in Cebu City

DRUG DEN RAID.Photo shows the four suspects, including a drug den maintainer, after their arrest during an anti-illegal drug operation in Salvador Extention, Barangay Labangon, Cebu City on Thursday night (March 10, 2022). Another raid was launched in Barangay Calamba that led to the arrest of eight people, including the drug den operator.(Photo courtesy of PDEA-7) CEBU CITY-Authorities here arrested 12 persons and dismantled two drug dens in twin anti-drug operations in two villages here, the r...
El Salvador Ericnaldo Cuizon Levi Ortiz Jonard Calapini Julius Perez Cheryl Donayre

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Taskforce to clampdown on Zimbabwean currency manipulators

THE Reserve Bank of Zimbabwe (RBZ) is setting up a taskforce consisting of various law enforcement units to enhance capacity to arrest the indiscipline in the financial system. This comes after the Joint Operations Command (Joc) applied pressure on the RBZ's Financial Intelligence Unit (FIU) to firmly deal with illicit financial transactions. The central bank's…
United States Oliver Chiperesa John Mangudya Constantino Chiwenga Zimbabwe Republic Police National Prosecuting Authority

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