The Bureau of Customs said on Tuesday that it will auction more than P16 million worth of seized smuggled luxury cars, a boat, motorcycles and other confiscated items.
Customs Commissioner Nicanor Faeldon said that the bureau is expected to earn P16,160,649.62 in revenues from the sale of the seized smuggled goods which were abandoned by its importers.
He said the public auction of various items is pursuant to the provisions of Sections 1129 and 1139 of the Customs Modernization and Tariff Act, in relation to CAO 10-2007 dated Nov. 28, 2007, and other relevant Customs Memorandum Orders.
Up for sale are four units of Cadillac Escalade, a Lincoln Navigator with a floor price of P2,250,000.00; two units of used car pegged at P600,000; two containers of bicycle parts and accessories worth P1.4 million; five containers of 40 footer color sandwich panels color plate priced at P2,963,438.62, and one container van e-bike parts and accessories priced at P1 million.
Other items up for bidding are a bunker oil, two used Hyundai Starex Ambulances, two container vans of Mizuno golf bags and shoes, Kawasaki motorcycle, and one unit Valiant rescue boat.
Other merchandise includes bags, wallets, and shoes; garments; foamboard; Chumpo e-bike; structural accessories for window covering; sacks of white salt; used household goods; sacks of Portland cement; donated medical supplies and religious books/leaflets.
