BOC destroys P500 million worth of fake goods | Inquirer News
Close  

BOC destroys P500 million worth of fake goods

By: - Reporter / @BLozadaINQ
/ 03:21 PM August 08, 2020
fake goods customs

Bureau of Customs, Port of Manila District Collector Michael Angelo Vargas leads the destruction of 500 million worth of fake and counterfeit goods at RCU Waste Management Services, ITC Compound, Barangay Bangbaguin, Valenzuela City on August 8, 2020. Niño Jesus Orbeta/Philippine Daily Inquirer

MANILA, Philippines—The Bureau of Customs on Saturday crushed and shredded P500 million worth of fake goods that were seized on the Port of Manila at the RCU Waste Management Facility in Valenzuela City.

BOC’s destruction of the counterfeit items was in accordance with Republic Act 10863 Section 1146 also known as the Customs Modernization and Tariff Act.

ADVERTISEMENT

The bureau’s Customs Intelligence and Investigation Service (CIIS) and Enforcement and Security Services (ESS) were the operating bodies that seized the fake items that were later forfeited in favor of the government, pursuant to Sections 1113 and 118 of the CMTA.

POM District Collector Michael Angelo Vargas in a statement gave the assurance to the public that his port will remain steadfast in its mandate to prevent the entry of prohibited items into Philippine borders.

FEATURED STORIES

Vargas also praised the BOC personnel efforts to go against importers and brokers who bring in counterfeit items to the country.

BOC Assistant Commissioner Vincent Philip Maronilla and Vargas witnessed the event via Zoom together with Atty. Teodoro Pascua, Intellectual Property Office Deputy Director General, representatives from the Baranda Law Firm, and brand owners from Unilever, Prada, and Gucci, who watched the event from Facebook Live.

CFC

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.
Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: BOC, Bureau of Customs, counterfeit, Nation
For feedback, complaints, or inquiries, contact us.

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.



© Copyright 1997-2022 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.