Customs confiscates $54,215 US dollar bills inserted on pages of various magazines

Date:

Share post:

DAVAO CITY –— The Bureau of Customs-Port of Clark personnel led to the seizure of a total of $54,215 US Dollar Bills found inserted on pages of various magazines last June 05, 2020.

The Customs strict profiling of shipments and vigilance led to the discovery of the misdeclared baggage.

Said shipment declared as “Chinese Cook Book Recipes” arrived on 25 May 2020 from Hong Kong and was subjected to non-intrusive examination.

But when the Customs conducted the physical examination on the shipment they discovered dollar bills inserted in the pages of the books with the following denomination: 540 pcs. $100 Bill, two (2) pcs. $50 Bill, four (4) pcs. $20 Bill, one (1) pc. $10 Bill and five (5) pcs. $5 Bill from seven (7) different magazines with a total sum of of USD$54,215 or equivalent to Php2.7-M was apprehended.

A Warrant of Seizure and Detention (WSD) was issued by District Collector Atty. Ruby Alameda for violation of Sections 1400 and 1113 f, i & l (3) of R.A. No. 10863 (CMTA) in relation to BSP Foreign Exchange Transaction Manual.

District Collector Alameda said that the port will remain vigilant with this kind of schemes used by unscrupulous individuals to defraud the government.-Newsline with PR

spot_img

Related articles

Power fight escalates: Davao Light, Nordeco trade accusations as Samal consumers caught in the middle

ISLAND GARDEN CITY OF SAMAL (March 10) — A growing power struggle between Davao Light and Power Company...

Misamis Occidental to host 2026 National Fire Olympics

CAGAYAN DE ORO CITY (March 10) — Firefighters from across the country will converge in Misamis Occidental later...

Marcos eyes emergency powers to cut fuel taxes as oil prices spike

MANILA (March 10) — As fuel prices surge amid tensions in the Middle East, the administration of Ferdinand...

Diesel seen breaching P80/liter as Middle East conflict drives fuel price surge

MANILA (March 10) — Motorists and transport groups are bracing for another wave of steep fuel hikes this...