The cement Manufacturers Association of the Philippines (CEMAP) on Friday said up to 70 percent of imported cement shipments were undervalued. In an interview on GMA News' Unang Balita, CEMAP president Ernesto Ordoñez said the declared freight cost of most of the cement shipments were declared below the standard rates of $16 to $22 per metric ton as approved by the Department of Trade and Industry. The group and the Bureau of Customs signed a memorandum of agreement on reporting undervalued shipments of the commodity. Ordoñez said that "Nakita namin sa labing dalawa, siyam naglalabag. Kasi 'yung freight charge, 'yung gastos para sa transportasyon, dapat 'yan ay $16 hanggang $22. 'Yung mga $13, $12 hindi naman sinumbong 'yon, sinumbong namin 'yung bababa sa $10. Napakalaking agwat at doon nakita namin na sa isang daan, 70 percent hindi sumusunod," Ordoñez said. Bonjourno Trading, a cement trading company with the son of Senator Panfilo Lacson as managing director, accounted for the biggest undervalued freight cost, according to CEMAP. "Isa doon 'yung Bonjourno.'Yan ang pinakamalaki. Ngunit hindi namin sasabihin na smuggler siya. Sinasabi namin dapat imbestigahan niyo ito kasi napakalaki ng agwat sa dapat na freight at freight na nireport nila. Kami po nagrereport lang ng nakikita namin, ang magchacharge ng smuggling sila hindi kami," Ordoñez said. On Thursday, Customs Commissioner Nicanor Faeldon claimed that CEMAP has tagged Bonjourno Trading a top smuggler of cement. Faeldon said Lacson Jr. was able to import 67 shiploads of cement valued at P4.6 billion even if the company had only P20,000 in capital. Ordoñez denied that CEMAP tagged Bonjourno as a top smuggler of cement. He said that smuggling is costing the government P243 billion in forgone revenue. "Smuggling 'yan for all products. Sa semento maliit lang. Konti lang ang importation ng semento, hindi masyadong grabe. At tsaka 'yung smuggling doon more on the freight. Pero sa overall, P243 billion," Ordoñez said. ? Marlly Rome Bondoc/VDS, GMA News
08-26-2017, 11:11 PM
Industry group says 70% of cement imports undervalued
The cement Manufacturers Association of the Philippines (CEMAP) on Friday said up to 70 percent of imported cement shipments were undervalued. In an interview on GMA News' Unang Balita, CEMAP president Ernesto Ordoñez said the declared freight cost of most of the cement shipments were declared below the standard rates of $16 to $22 per metric ton as approved by the Department of Trade and Industry. The group and the Bureau of Customs signed a memorandum of agreement on reporting undervalued shipments of the commodity. Ordoñez said that "Nakita namin sa labing dalawa, siyam naglalabag. Kasi 'yung freight charge, 'yung gastos para sa transportasyon, dapat 'yan ay $16 hanggang $22. 'Yung mga $13, $12 hindi naman sinumbong 'yon, sinumbong namin 'yung bababa sa $10. Napakalaking agwat at doon nakita namin na sa isang daan, 70 percent hindi sumusunod," Ordoñez said. Bonjourno Trading, a cement trading company with the son of Senator Panfilo Lacson as managing director, accounted for the biggest undervalued freight cost, according to CEMAP. "Isa doon 'yung Bonjourno.'Yan ang pinakamalaki. Ngunit hindi namin sasabihin na smuggler siya. Sinasabi namin dapat imbestigahan niyo ito kasi napakalaki ng agwat sa dapat na freight at freight na nireport nila. Kami po nagrereport lang ng nakikita namin, ang magchacharge ng smuggling sila hindi kami," Ordoñez said. On Thursday, Customs Commissioner Nicanor Faeldon claimed that CEMAP has tagged Bonjourno Trading a top smuggler of cement. Faeldon said Lacson Jr. was able to import 67 shiploads of cement valued at P4.6 billion even if the company had only P20,000 in capital. Ordoñez denied that CEMAP tagged Bonjourno as a top smuggler of cement. He said that smuggling is costing the government P243 billion in forgone revenue. "Smuggling 'yan for all products. Sa semento maliit lang. Konti lang ang importation ng semento, hindi masyadong grabe. At tsaka 'yung smuggling doon more on the freight. Pero sa overall, P243 billion," Ordoñez said. ? Marlly Rome Bondoc/VDS, GMA News
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