00:00In the meantime, the Bureau of Customs successfully intercepted the attempted smuggling of agarwood out of the country.
00:07This is one of the most expensive hardwood in the world.
00:10According to the BOC, five packages of misdeclared agarwood, valued at over 8.4 million pesos,
00:18were confiscated at a warehouse facility in Lapu-Lapu City, Cebu.
00:22It reportedly came from Agusan del Sur and was scheduled for export to Malaysia and the UAE.
00:29During the inspection, it was confirmed that the shipment contained agarwood,
00:33which is a protected species regulated under the Convention on International Trade in Endangered Species of Wild Fauna and Flora,
00:42which requires a permit from the DENR.
00:45The BOC assured heightened monitoring against attempted smuggling of contraband into or out of the country.
Comments