THE government raised P20.83 million from its sale last Wednesday of two seized luxury cars. The two sold cars 2008 Ferrari Scuderia 430 and 2006 Lamborghini were the most expensive among the four luxury vehicles that were up for auction. After several failed biddings, the used 2008 Ferrari Scuderia 430 was…
Customs gains P6 3 million from auctioned luxury vehicles philkotse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philkotse.com Daily Mail and Mail on Sunday newspapers.
THE government finally raised P6.305 million from its auction of seized luxury cars on Tuesday, marking the first time it awarded bids since it resumed disposing this type of vehicle through public auction back in December. After two consecutive failed biddings for luxury cars, the Inter-Agency Auction Committee sold last…
THE government’s second public auction of five seized luxury cars once again fetched no bidders, opening the possibility for the Duterte administration to resort to destroying these vehicles. Finance Secretary Carlos G. Dominguez III told reporters the government may consider destroying these vehicles. “Destruction is an option,” said Dominguez, who…
THE national government’s auction on Monday of five luxury vehicles to the public has failed, no bids were received by the Bureau of Customs (BOC), the Department of Finance (DOF) and the Bureau of the Treasury (BTr). In a livestreamed public auction, the interagency auction committee was forced to declare…