P103M to return to Treasury as BOC auctions seized luxury cars — Palace

More than P103 million is expected to be returned to the National Treasury as the Bureau of Customs (BOC) began auctioning seven luxury vehicles seized from anomalous flood-control project funds on Thursday, according to Malacañang.

“Makakaasa ang taumbayan na lahat ng proceeds mula sa auction ay agad na iri-remit sa national treasury (Filipinos can expect that all the proceeds from the auction will be immediately remitted to the national treasury),” Presidential Communications Undersecretary and Palace Press Officer Atty. Claire Castro said in a press briefing, emphasizing that the funds would be returned in full to the public coffers.

Castro noted that the seized vehicles were among the assets linked to illegal flood-control projects allegedly involving contractor couple Pacifico “Curlee” and Cesarah Discaya.

Meanwhile, 14 other construction companies are also under monitoring in connection with similar irregularities.

She added that the results are “already visible, barely three months” since President Ferdinand R. Marcos Jr. ordered an investigation into the alleged corruption.

“Isa itong patunay sa seryosong paghahabol ng Pangulo sa mga iligal na gawain (This is proof of the President’s serious pursuit of illegal activities),” she said.

Castro clarified that the auction proceeds would go to the government’s forfeiture fund before being remitted to the treasury and would not be used directly by the BOC.

“Definitely, dapat magamit ito sa tama para sa serbisyo sa taumbayan (Definitely, this should be used properly for the service of the people),” Castro said.