Phoenix Petroleum: Smuggling charge 'unsubstantiated'
MANILA, Philippines - Independent oil company Phoenix Petroleum dismissed smuggling charges against its president, saying that the case "contravenes due process and fair play."
In a resolution on Wednesday, April 24, The Department of Justice (DOJ) charged the company's president, Dennis Ang Uy, for alleged illegal importation of petroleum products at the Port of Davao and sub-port of Bauan, Batangas.
Uy was charged for "unlawful and fradulent" importations of gas oil, unleaded gasoline and petroleum products. The violations were said to have occurred on June-November 2010, January-March 2011 and June 2010-April 2011.
The DOJ filing reversed a November 2012 resolution that dismissed a P5 billion smuggling charge filed by the Bureau of Customs (BOC) in May 2011.
"While we have yet to receive a copy of the purported resolution, we are extremely surprised of the alleged reversal of the original decision absolving our Dennis Uy of the unsubstantiated charges filed by the BOC. We are further suprised considering that we have yet to file our rejoinder to the BOC's reply before the panel of prosecutors when news of the alleged reversal have gone out," the listed company said in a disclosure to the stock exchange on Wednesday.
"We insist on our right to due process and fair play as we seek to refute allegations of the BOC who incidentally brought new allegations before the panel that were not raised in the original proceedings. This is a clear violation of established rules and jurisprudence for it contravenes due process and fair play. This is what precisely the rejoinder would have shown when the alleged resolution came out. "
The BOC's May 2011 complaint accused Phoenix of bringing in P459 million worth of imported petroleum without import entry declarations. The agency also said that Phoenix imported P4.7 billion worth of various products without the required importation documents such as invoices and bills of lading. - with reports from Christian B. Bautista/Rappler.com