EDWARD DY BUCO

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                    [ArticleID] => 305579
                    [Title] => Gov't lost P273 million in BoC revenues a year
                    [Summary] => The government could have earned at least P273 million in revenues last year had the Bureau of Customs forfeited the outstanding or matured bonds for the 259 unliquidated warehousing importations of Atlas Consolidated Mining and Development Corporation.


In its annual audit report for the BoC, the Commission on Audit found out that the mining firm's importation bonds had already expired as early as September 18, 1991.


                    [DatePublished] => 2005-11-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
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Gov't lost P273 million in BoC revenues a year

November 6, 2005 - 12:00am

The government could have earned at least P273 million in revenues last year had the Bureau of Customs forfeited the outstanding or matured bonds for the 259 unliquidated warehousing importations of Atlas Consolidated...

Cebu News