Thursday, July 5, 2018

Duterte Vs. Prietos tax cheating : "I’m not vindictive but I will make you pay!"

President Rodrigo Duterte and Prieto and Rufino families. Image credit to

Around four months ago, the Bureau of Internal Revenue filled a tax-evasion complaint against Prietos Family’s Golden Donuts Incorporated after they wrongly declared their true 2007 income of 1-billion pesos. The said donut corporation defended itself by stating that they were able to settle the said liabilities back in 2012.

But this was not enough for the President of the Philippines Rodrigo Roa Duterte to ignore such preposterousness since the Prieto family, owner of Golden Donut’s subsidiary, Dunkin’ Donuts, also leases a mile long Makati property, Sunvar Realty Development Corporation, for a outrageously low amount.

“One of these days — hindi ko hayaan ‘yan. Not because I’m vindictive. No, it’s not that. Matter of… Kailangan ko talaga habulin ‘yan. Magbayad kayo. Hindi man pwede basta-basta na lang na tayo magkamali lang — ‘yan ang ayaw ko,” Duterte said in a speech in Iloilo City.

He also despises the said family for their abuse of the publication that they owned, the Inquirer, as “leverage” back in former President Benigno Simeon “Noynoy” Aquino III’s administration.

“Yung doughnut owes government four billion, walang bayad, bayad ‘yan. Inquirer eh. Prieto eh. Kaya may leverage siya. Kaya sabi ko nga, kaya ako galit, mga putang ina kayo, when you criticize us is it talagang galing — we are from outer space, mga demonyo. ‘Yung editorial ninyo,” said Duterte.

“Sabi ko, kayong mga mayaman, kayo ‘yung mga number one nasa graft and corruption. Doughnut, ‘yung doughnut na pagkain, you owe government four billion. Panahon ni (Bureau of Internal Revenue Commissioner Kim) Henares, ang binayad ninyo eight million lang,” the President continued.

Somehow though, justice was served against the family since in August 2017, Makati Regional Trial court had the Sunvar Corp. vacated and was ordered to pay the government an amount of P478,200,600.

But to President Duterte, this isn’t enough. The Priestos family has been abusing the government for too long and its about time that someone shows them that they can’t get away with it.

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Source: Politiko

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