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  • 15 hours ago
The Bureau of Internal Revenue files new tax evasion complaints with the Department of Justice against SYMS Construction Trading and IM Construction Corporation. Both firms are implicated in the multi-billion flood control corruption scandal involving ghost projects in Bulacan.

Full story: https://www.rappler.com/philippines/bir-tax-complaints-syms-im-construction-bulacan-ghost-projects/
Transcript
00:00The Bureau of Internal Revenue files new tax evasion complaints with the Department of Justice against Sims Construction Trading and IM Construction Corporation.
00:09Both firms are implicated in the multi-billion flood control corruption scandal involving ghost projects in Bulacan.
00:15Some projects handled by Sims Construction were recently flagged by the Commission on Audit.
00:20President Ferdinand Marcos Jr. earlier ordered the firm's blacklisting over a ghost project in Baliwag.
00:26The project was also under the watch of controversial DPWH Bulacan 1st District Engineering Office then headed by Henry Alcantara.
00:34Meanwhile, IM Construction faces the same set of complaints from the BIR with another ghost project in Hagonoy.
00:40These are the latest tax evasion complaints filed in relation to the flood control anomaly.
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