01 February 2017

Bureau of Customs (BOC) Seizes Smuggled Imported Gadgets Worth Php Million Pesos

The Bureau of Customs (BOC) Intelligence Officers seized alleged smuggled high-end electronic devices worth Php 30 millions of pesos, one of the most popular online gadget stores in the Philippines on Wednesday, February 01, 2017.

 Bureau of Customs (BOC) seizes imported devices

In a report from {CNN}, Bureau of Customs Commissioner Nicanor Faeldon said that according to their intelligence report, KimStore, one of the popular online gadget shops, has been suspected of selling imported devices under suspicious importation schemes and processes.
“There are plenty of cases wherein high-end communication and electronic gadgets are smuggled into the country through misdeclaration schemes, a top form of smuggling, used by smugglers to defraud and avoid paying correct duties and taxes to the government," said Neil Estrella, director of Customs Intelligence and Investigation Service. 
According to another report of {ABS-CBN}, KimStore personnel failed to show pertinent documents to the Customs Intelligence and Investigation (CIIS) operating unit. The Bureau of Customs (BOC) then raided KimStore's depot building in Lakandula Street, Tondo, Manila on Monday {CNN}.

Kimstore logo
Kimstore logo
It was reported also in {INQUIRER}, that BOC already seized some P30-million worth of high-end communication and electronic gadgets in Tondo, Manila, on Monday. 

The seized electronics devices are now padlocked in the KimStore depot guarded by CIIS agents. 

The initial report says KimStore is owned by an individual name "FRANCIS," a Filipino-Chinese businessman in Binondo, Manila. {GMA NEWS}

"Kim Store is owned by a certain ‘Francis’, a Filipino-Chinese businessman in Binondo, who is engaged in selling smuggled items online," the bureau said, citing an initial report submitted by Intelligence Officer Joel Pinawin, team leader of the CIIS operating unit, to Customs Commissioner Nicanor E. Faeldon. 

“We are still validating some intelligence reports, and we will fully identify the real owners of Kim Store in the next few days,” Pinawin said in his report.


[REFERENCES]

  1. {YUGATECH}Bureau of Customs seizes gadgets from online shop Kim Store
  2. {GMA NEWS}BOC seizes 'smuggled' gadgets from online shop depot 
  3. {CNN PHILIPPINES}Customs seizes millions-worth of gadgets in warehouse raid
  4. {INQUIRER} BOC seizes P45-M worth of smuggled gadgets, red onions at Manila port
[PHOTO SOURCES]
  • 1. CNN PHILIPPINES
  • 2. YUGATECH 

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