Duterte credits Faeldon with making Mighty pay up | Inquirer News

Duterte credits Faeldon with making Mighty pay up

/ 07:07 AM June 24, 2018

President Rodrigo Duterte on Friday heaped praises anew on former Customs chief Nicanor Faeldon saying the former mutineer was responsible for bringing cigarette firm Mighty Corp. to justice for cheating taxes and adding P40 billion to the government’s coffers as a result.

Faeldon had been cited by Sen. Panfilo Lacson in a privilege speech as among Customs officials who were in the payola of smugglers.

But the President said that had Faeldon been corrupt, he would have kept to himself the operations he planned against Mighty, which the President said was “untouchable before.”

Article continues after this advertisement

He said Faeldon whispered to him about Mighty’s warehouses that kept fake cigarette tax stamps.

FEATURED STORIES

Faeldon resisted the temptation of entering into an under-the-table deal with Mighty in which “he could have earned more money than his third-generation children can ever spend,” the President said in a speech in Davao City on Friday.

Faeldon resigned as Customs chief following the smuggling of at least P10 billion worth of “shabu” that made it past the Customs bureau and ended up in a Valenzuela City warehouse. —Allan Nawal

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Mighty Corp., Rodrigo Duterte, tax cheating

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.