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Friday, February 15, 2008

 

Teves must address smuggling questions

 
Finance Secretary Margarito Teves can show to the Commission on Appointments his skills in running the Department of Finance by going after smugglers, Sen. Richard Gordon said on Thursday.

He said that if the smugglers will get away with their activities, Teves will have to pay for it. The commission suspended for two weeks the consideration of his ad interim appointment after he failed to shed light on some concerns, particularly on smuggling issues raised by Gordon and other members of the bicameral body.

Gordon said the national government can raise up to P26 billion in additional revenues if Teves runs after smugglers. He said that the government could recover P9 billion from cigarette smuggling, P4 billion from liquor smuggling, and P13 billion from car smuggling.

He noted that Coastal, an oil company, had already been required to pay P470 million in taxes and that another oil firm, Tri-Solid, is being investigated.

Gordon also chided Customs officials for not doing enough to stop smuggling in the country. He pointed out that the Bureau of Customs does not even have an order of battle against top smugglers in the country.

At the same time, Gordon acknowledged that the strong clout of the godfathers of smugglers could stymie all efforts to curb this economic blight.

“The real problem is not smuggling but the invulnerable power of very high officials to protect smuggling rings on a regular basis,” he said.
-- Efren L. Danao

   

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Severino O. Frayna Jr., Benjie Dela Rosa
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