The Department of Justice (DOJ) on Tuesday indicted businessman Cedric Lee, who was accused in a previous case for mauling actor Vhong Navarro.
In a resolution signed by Assistant State Prosecutor Allan Stewart Mariano, it recommended filing of tax-evasion charges against Lee, president and CEO of Izumo Contractors Inc.
Also indicted for the same charges are his wife Judy Gutierrez Lee, Izumo chief financial officer, and John Ong, chief operating officer.
The Lees and Ong were charged by the Bureau of Internal Revenue (BIR) before the DOJ with tax evasion for underdeclaration of income for taxable years 2006 up to 2009 and failure to pay corresponding taxes.
The DOJ gave credence to the BIR findings that they failed to pay the following taxes due: P89.77 million for 2006; P33.78 million for 2007 ; P8.27 million for 2008 ; and P62.65 million for 2009.
“Respondents Cedric Lee, Judy Gutierrez Lee and John K. Ong, as responsible officers of Izumo, committed the crime of failure to supply such correct and accurate information for taxable years 2006, 2007, 2008, 2009,” the resolution read.
The BIR stated that Izumo “deliberately failed” to declare its income by P88.79 million or 1,602 percent in 2006, P36.93 million or by 404 percent in 2007, P9.49 million or by 44 percent in 2008, and P91.20 million or 227 percent in 2009.
The resolution was also signed and approved by Senior Assistant State Prosecutor Susan Dacanay and Prosecutor General Claro Arellano.
“Izumo contractors Inc. as a corporation established under Philippine laws is civilly liable for payment of income tax deficiencies for [2006, 2007, 2008, 2009] but respondents who are the responsible officers thereof are criminally and civilly liable for such infraction for aforesaid taxable years,” it said.