Navy seizes oil tanker carrying P50 million in alleged smuggled fuel

Navy seizes oil tanker carrying P50 million in alleged smuggled fuel

Navy seizes oil tanker carrying P50 million in alleged smuggled fuel

The Philippine Navy (PN) intercepted an oil tanker alleged to be carrying greater than P50 million in smuggled gasoline off Luzon.

According to Maki Pulido’s report on “24 Oras” on Friday, the Navy deployed the BRP Lolinato To-Ong after it obtained an alert from Coast Guard District Palawan that it noticed a vessel allegedly containing undocumented oil.

Naval Forces Southern Luzon Spokesperson Lt. Regeil Gatarin stated authorities noticed the oil tanker off Cabra Island in Mindoro. The tanker tried to flee however they caught up with it off Corregidor Island.

Recovered from the vessel had been 847,000 liters of suspected smuggled oil valued at round P50.8 million.

“Yung tanker na ‘yun is coming from Palawan so possible na papunta po siya sa mainland sa Luzon, either Manila or Subic or Batangas kung saan nila possible na ibagsak po ‘yung kanilang goods,” Gatarin stated.

(That tanker got here from Palawan. So, it is potential it was headed for mainland Luzon, both Manila or Subic or Batangas, the place they might presumably disembark their items.)

The oil tanker and its 11 crew had been turned over to the Bureau of Customs (BOC).

The BOC stated the vessel was docked at Pier 13 in Manila whereas the arrested suspects had gone by means of inquest proceedings.

In 2016, the Philippines misplaced P26.87 billion in tax revenues attributable to smuggling or misdeclaration, stated the BOC.

Meanwhile, in keeping with a 2018 Philippine oil trade examine, the federal government misplaced P43.8 billion in tax revenues from smuggled or misdeclared petroleum merchandise. — Sundy Locus/DVM, GMA Integrated News

Source: www.gmanetwork.com