A Japanese businessman was detained at the Ninoy Aquino International Airport after he was found to have a large amount of undeclared cash in his luggage.
Yoshiaki Takahashi, 50, was carrying 53 million yen (around P24 million) when he arrived at the NAIA late Tuesday night aboard a Japan Airlines flight.
Bureau of Customs District III Collector Edgar Macabeo, Takahashi reeked of liquor as he queued on the lane manned by Customs examiner Ninia P. Beltran.
Takahashi told Customs authorities he did not know it is mandatory to declare a large amount of money upon entering the Philippines.
Takahashi was quoted as saying that the money was for his business transactions in Manila.
Authorities on Wednesday started counting and recording the serial numbers of the seized Yen notes.
Macabeo said it is not illegal to bring in large amount of cash as long as the carrier declares it.
Takahashi was charged before the Pasay City Prosecutor’s Office of violating Central Bank regulations and the Philippines tariff code.
BENJIE L. VERGARA