P1.2-B counterfeited goods seized

THE BUREAU OF CUSTOMS (BoC) seized an estimated market value of P1.2 billion of illicit goods in multiple warehouses in Malabon last Tuesday.

In a statement on Sunday, it said illegal counterfeit goods and disposable vapes were found during a joint operation of Customs Intelligence and Investigation Service-Manila International Container Port (MICP), the Enforcement and Security Service-MICP, and the Philippine Coast Guard-Task Force Aduana.

The BoC said the seized goods had no tax stamps from the Bureau of Internal Revenue and Import Commodity Clearance stickers from the trade department.

“The authorities sealed and padlocked the subject warehouses, ensuring that the confiscated goods remain secured until an official inventory is conducted,” the Customs said. — Aubrey Rose A. Inosante