Public bidding for Discayas' 7 vehicles officially start

Manila Bulletin

ICI Chairman Justice Andres Reyes Jr., together with Department of Finance Secretary Frederick Go, Bureau of Customs Commissioner Ariel Nepomuceno, and LTO Chief Markus Lakanilao, led the ceremonial ringing of the bell to officially mark the start of the public bidding for seven (7) high-end motor vehicles seized from the Discayas at the BOC–South Harbor in the Port Area, Manila, November 20. (MB Video by Mark Balmores)  Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin  Visit our website at http://mb.com.ph Facebook: https://www.facebook.com/manilabulletin Twitter: https://www.twitter.com/manila_bulletin Instagram: https://instagram.com/manilabulletin Tiktok: https://www.tiktok.com @manilabulletin  #ManilaBulletinOnline #ManilaBulletin #LatestNews

Transcript

00:00Former Assistant Secretary,

00:02Napakatapang ang sipag mo ngayon siya,

00:04ang dami naming tinatanggap na mga isinusupong mga sotasyan.

00:09Proceeds from the luxury vehicles.

00:13Mas importante dito sa pera o poang malamari na nating makuha

00:19ay ang simbolismo at ang pagpapahalaga natin

00:23na pag ikaw ay dumuan mali,

00:26ikaw ay mananagot at ang pera ng mga masa

00:29sa kapatang pakinapa, pakinapaan ng ating mga pababayan.

00:33Kasi alam ko naman, pag tinignan natin yung pabuuan,

00:36lumahali pa kumawa natin sa pag-oo sa natin,

00:40110 million,

00:41pag tinupan natin yung gabing kapatang sotasyan,

00:46pag nabuo yun, 220 million kas.

00:49I would want to thank Commissioner Ariadne,

00:54the people that are now for inviting us

00:56to this opening auction.

00:59We are here today

01:00to restore what rightfully belongs to our agreement.

01:05Asset recovery

01:06is a component

01:08of anti-collateral world

01:11because without it,

01:13the financial damage

01:16is caused by these people

01:17cannot be repaired.

01:20Every successful auction

01:22will show up

01:23that there is no violation

01:25is ignored,

01:27that public resources

01:28are protected

01:29and that the rules

01:31that force

01:32fortify and shield

01:34our economy

01:35are enforced with integrity.

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