5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

16 more Discaya cars seized

by
September 4, 2025
in Stock
0
16 more Discaya cars seized

16 more Discaya cars seized – BusinessWorld Online


      
      
      
      
      








The Bureau of Customs seized 16 more vehicles linked to the Discaya family, allegedly involved in “ghost” flood control projects.

THE Bureau of Customs (BoC) has taken custody of 16 additional vehicles, bringing the total confiscated Discaya-owned vehicles to 28, it said on Thursday.

In a statement, Customs said as of 3:30 p.m., it secured 16 additional vehicles of the flood control corruption-tied contractors, Cezarah Rowena “Sarah” Discaya and Pacifico “Curlee” Discaya II.

This was on top of 12 cars seized earlier through a court-ordered search operation in Pasig City.

“The 16 vehicles are now undergoing processing by the BoC for sealing and documentation and will be guarded by Customs personnel, pending verification of importation records and assessment of duties and taxes,” the BoC said.

The Omega & Alpha Construction and St. Timothy Construction, allegedly owned by the Discayas were among the top 15 flood-control contractors earlier identified by President Ferdinand R. Marcos, Jr.

Mr. Marcos earlier said that some P100 billion of the total P545 billion in government funds that were allocated for flood control projects nationwide since 2022 were cornered by just 15 contractors.

The seized vehicles include a Mercedes Benz GLE, Land Rover Range Rover LWB, Land Rover Defender, Cadillac Escalade ESV, Ford Bronco and Mercedes Benz GLS 350.

The list also includes a BMW X5 30D, Jaguar F-Pace 2.0D, Porsche Cayenne V6, Volvo XC90, Mercedes Benz Avant, LAND Rover Range Rover Evo-F, Mercedes Benz Sprinter, ATV Quicksand, Yukon Denali, and ATV Gray.

The agency said it will continue its thorough investigation with the help of the Land Transportation Office. — Aubrey Rose A. Inosante

CEDTyClea

RELATED ARTICLESMORE FROM AUTHOR




MORE STORIES


Previous Post

DepEd issues new RH policy

Next Post

Senate issues subpoenas vs contractors, DPWH officials amid flood control probe

Next Post
Senate issues subpoenas vs contractors, DPWH officials amid flood control probe

Senate issues subpoenas vs contractors, DPWH officials amid flood control probe

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Konektadong Pinoy must still address tower shortage — DITO

    Konektadong Pinoy must still address tower shortage — DITO

    September 8, 2025
    Greenpeace estimates P1-T lost in irregular climate-action projects

    Greenpeace estimates P1-T lost in irregular climate-action projects

    September 8, 2025
    Virtual PPAs proposed for trading in RE certificates 

    Virtual PPAs proposed for trading in RE certificates 

    September 8, 2025
    Zamboanga passenger terminal deal canceled over design issues, delays

    Zamboanga passenger terminal deal canceled over design issues, delays

    September 8, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.