Operatives of the Bureau of Customs (BoC) seized two luxury cars, estimated to be worth Php 28 million, at the Ninoy Aquino International Airport in Pasay City on August 2.
According to the BoC, the Don Bosco Technical Institute of Makati Inc. is the consignee of the two second-hand Porsche cars that came from Gemany and arrived in the Philippines through a Malaysian airline flight.
The seized Porsche Boxster S is estimated to have a street value of Php 10 million, while the Porsche Panamera 4S was estimated to be worth about Php 18 million.
Based on a letter by atty. Sonia Tapales, chief of the Department of Trade and Industry (DTI) Import Regulations Division, dated July 9, the two vehicles violate Executive Order No. 156 that prohibits the importation of used motor vehicles.
Due to the DTI ruling, the BOC issued a warrant of seizure and detention against the aforementioned vehicles for violating sections 117, and 113 of the Customs Modernization and Tariff Act.
The seized vehicles can be recovered by the intended recipients if they would file an appeal for it.