Nd Falsified Sales Invoices For 11 Buses At Php4 8 Million Per Bus When The Actual Price Of Was Only Php1 47 Charges Claimed That Despite Knowledge Overpricing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MANILA - Two former officials of the Department of Finance (DOF) indicted in an alleged irregular grant of tax credits committed more than 20 years ago have been acquitted by the Sandiganbayan. In a 39-page decision dated March 11 and recently shared online, the anti-graft court's Second Division acquitted Raul De Vera and Brandy Marzan of estafa and violation of the Anti-Graft and Corrupt Practices Act due to the "failure of the prosecution to prove their guilt beyond reasonable doubt". De Vera and Marzan, then Officer-in-Charge of the Net Local Content Division and senior tax specialist, respectively, of the defunct DOF One-Stop-Shop-Tax Credit and Duty Drawback Center, were implicated in alleged undue benefits granted to companies between 1997 and 1999. The anti-graft court also cleared De Vera and Marzan of civil liability, citing that "there being a failure to establish that the acts of the accused are felonious, the fact from which the civil liability might ari ....

Antonio Belicena , Uldarico Andutan Jr , Net Local Content Division , Supreme Court , Department Of Finance , Land Car Inc , Second Division , Duty Drawback Center , Raul De Vera , Brandy Marzan , Corrupt Practices Act , Stop Shop Tax Credit , Land Car , Executive Director , Manila Two Former Officials Of The Department Finance Dof Indicted In An Alleged Irregular Grant Tax Credits Committed More Than 20 Years Ago Have Been Acquitted By Sandiganbayan Ina 39 Page Decision Dated March 11 And Recently Shared Online , He Anti Graft Court 39s Second Division Acquitted Raul De Vera And Brandy Marzan Of Estafa Violation The Corrupt Practices Act Due To Quot Failure Prosecution Prove Their Guilt Beyond Reasonable Doubt , Hen Officer In Charge Of The Net Local Content Division And Senior Tax Specialist , F The Defunct Dof One Stop Shop Tax Credit And Duty Drawback Center , Ere Implicated In Alleged Undue Benefits Granted To Companies Between 1997 And 1999 The Anti Graft Court Also Cleared De Vera Marzan Of Civil Liability , Iting That Quot There Beinga Failure To Establish The Acts Of Accused Are Felonious , He Fact From Which The Civil Liability Might Arise Does Not Exist Quot Case Involved Giving Supposedly Unwarranted Benefits To Land Car Inc Lci , Hich Fileda Claim Fora Tax Credit , Nd Falsified Sales Invoices For 11 Buses At Php4 8 Million Per Bus When The Actual Price Of Was Only Php1 47 Charges Claimed That Despite Knowledge Overpricing , Nd Falsification , He Officials Approved And Granteda Tax Credit Certificate Tcc Amounting To Php5 5 Million Lci The Case Against Their Boss , Ormer Undersecretary Antonio Belicena Who Was The Center 39s Executive Director ,