BOC expects P11M from auction of seized goods
MANILA, Philippines – The country's biggest port expects to generate around P11 million from its auction of seized goods on Tuesday, April 25.
The public auction at the Manila International Container Port (MICP), will be done through sealed bidding at the Bureau of Customs (COB) office in MICP on April 25.
The activity is estimated to generate P11.37 million.
Gerry Macatangay, chief of MICP’s Auction and Cargo Disposal Division, said the items to be auctioned are smuggled goods seized by BOC.
They include 708 boxes of tiles, used motor vehicles, personal effects, angle bars, PVC sheets, galvanized iron wires, macaroni pasta, and 4 units of mini-backhoe.
Other items are generators, boat, used chairs, gas stove accessories, pizza ovens, used cement brick machines, and tractor truck heads.
The MICP earned P33.83 million from the public auction of forfeited imported goods in the first quarter of 2017. – Rappler.com