Mighty Corporation asks DOJ to junk P26.93-B tax evasion raps

Embattled cigarette maker Mighty Corporation and its officials asked the Department of Justice (DOJ) on Thursday to dismiss the P26.93-billion tax evasion complaint against them by the Bureau of Internal Revenue (BIR) over alleged use of fake tax stamps.

Mighty Corporation Vice President for External Affairs and Assistant Corporate Secretary Alex Wongchuking attended the preliminary investigation hearing, where he filed his counter affidavit with the DOJ panel of prosecutors.

Other respondents Mighty President and former Armed Forces Deputy Chief of Staff Edilberto Adan, Executive Vice President and retired Judge Oscar Barrientos and Treasurer Ernesto Victa also submitted their written defense to the charges.

The complaint arose from raid on Mighty’s warehouses in San Ildefonso, Bulacan on March 24 which yielded billions of pesos worth of cigarettes with fake stamps.

“Basically the search that was done was illegal. There was no legal justification for it. The evidence that was obtained is doubtful,” said Abraham Espejo, legal counsel for Wongchuking after the hearing, which was off limits to media.

“If the evidence is obtained illegally, it’s inadmissible (in court). Not only is the evidence inadmissible, it’s also questionable,” he added.

Mighty officials also urged the DOJ to consolidate the three tax evasion cases since they stemmed from the same allegation about the use of fake tax stamps on its cigarette products.

The DOJ had already finished hearing the P9.56-billion tax complaint in relation to the raid on four warehouses in San Isidro, Pampanga.

The company is also facing a P1.39-billion tax complaint stemming from the government raid on the company’s warehouse in Barangay Lagao, General Santos City on March 24.

The third complaint brings to P37.884 billion its alleged tax dues to the government. —KG, GMA News

Source: http://www.msn.com/en-ph/money/topstories/mighty-corporation-asks-doj-to-junk-p2693-b-tax-evasion-raps/ar-BBCh4St?li=BBr8Mkm

 

Mighty Corporation pleads innocence before Doj on tax evasion case

A LAWYER of embattled local cigarette firm Mighty Corp. maintained his clients’ innocence in the P26.93-billion tax-evasion complaint before state prosecutors on Thursday.

 
The Department of Justice (DoJ) yesterday held its first preliminary investigation on the second of three tax evasion raps filed by the Bureau of Internal Revenue (BIR) against Mighty Corp.

Members of the media were barred from covering the hearing, but Abraham Espejo, representing Mighty Corp., told reporters outside the hearing: “They have not committed any crime that they are being pilloried. Give us a chance to be heard. That’s my request.”

“I assure you that my clients will be able to prove that all of these accusations are not true,” Mr. Espejo added.

Mr. Espejo represents the four respondents in the case, namely: Mighty Corp. President Edilberto P. Adan, Executive Vice-President Oscar P. Barrientos, Vice-President for External Affairs and Assistant Corporate Secretary Alexander D. Wongchuking, and Treasurer Ernesto A. Victa.

The lawyer said that their camp filed a counter-affidavit with annexes reaching to “thousand” of pages. “Kaya kami nagfa-file ng (That is why we are filing the) counter-affidavit, we want due process. We do not want kangaroo-style proceedings here. I reiterate, we will fight,” Mr. Espejo also said.

Asked how he thinks the case is proceeding, he replied that the case is “doubtful, questionable, as a student of constitutional law, you will know the effect if evidence is obtained illegally, it’s inadmissible. Not only is the evidence inadmissible, it’s also questionable.”

He added that the case “could be due to business rivalry,” but did not elaborate.

The BIR first filed the tax evasion case worth P9.56 billion against Mighty Corp. on March 22. The BIR, in a statement released upon filing, said: “[t]he respondent corporation was the subject of an on-the-spot surveillance operation of untaxed cigarette products conducted [last March 1]… in San Simon Industrial Park (SSIP), San Isidro, Pampanga” and that random checks on 10 master cases of cigarettes in four warehouses in the economic zone leased by Mighty showed that internal revenue stamps affixed on the cigarette packs “were fake.”

Subsequent inventory of all cigarette packs in the warehouses concerned showed that Mighty stored there 66,281 master cases with 33,140,500 cigarette packs.

“The investigation further showed that 87.5% of the said packs bore fake internal revenue stamps,” the BIR said.

“The stamps are fake since they did not contain one of the multi-layered security features of a valid internal revenue stamp,” the BIR added.

The said case was deemed submitted for resolution last May 30.

Mighty Corp. is also facing a third complaint from the BIR, worth P1.39 billion. The three complaints bring the total alleged tax liabilities of Mighty Corp. to P37.88 billion — the largest tax evasion case so far under the administration of President Rodrigo R. Duterte.

The case is handled by a three-man panel of state prosecutors led by Senior Assistant State Prosecutor Sebastian Caponong, Jr. The other members are Assistant State Prosecutors Ma. Lourdes Uy and Mary Ann Parong. — Kristine Joy V. Patag

 
http://www.bworldonline.com/content.php?section=Nation&title=mighty-corp.-pleads-innocence-before-doj&id=146480

Mighty Corp won an award from PCMRI

Philcoman Research Institute (PCMRI) will hold this year’s 40th National Management Congress in simple ceremonies to honor the recipients of the Outstanding Corporation of the year Award, Outstanding Management Leadership Award of the year and the oath-taking of new members.

PMCRI Congress chairman Dr. Pedrito Salvador said the event to be held on Dec. 10 will be attended by government officials and members of the academe and the private sector.

“We opted to hold a simple rite so that funds and other resources we can save can be channeled to research and further studies of important issues in politics, economics, sociology and national security,”Salvador said.

The PCMRI is a federation of professional and technological societies, management developments, institutions, academe, business enterprises and professional managers dedicated to the development of management and improvement of its practices.

The Outstanding Corporation Award will go to Mighty Corp. a wholly-owned Filipino company that has been operating for 70 years.

The PCMRI will also honor Dr. Benjamin Sy Santos, national president of the Filipino Inventors Society, for his contributions such as greenhouse fixed and portable machines that refined and re-use, pollution-free; its particles turned into asphalt.

 

Mighty Corp honored to received Outstanding Corporation award

Philcoman Research Institute (PCMRI) will hold this year’s 40th National Management Congress in simple ceremonies to honor the recipients of the Outstanding Corporation of the year Award, Outstanding Management Leadership Award of the year and the oath-taking of new members.

 

PMCRI Congress chairman Dr. Pedrito Salvador said the event to be held on Dec. 10 will be attended by government officials and members of the academe and the private sector.

“We opted to hold a simple rite so that funds and other resources we can save can be channeled to research and further studies of important issues in politics, economics, sociology and national security,”Salvador said.

 

The PCMRI is a federation of professional and technological societies, management developments, institutions, academe, business enterprises and professional managers dedicated to the development of management and improvement of its practices.

 

The Outstanding Corporation Award will go to Mighty Corp. a wholly-owned Filipino company that has been operating for 70 years.

The PCMRI will also honor Dr. Benjamin Sy Santos, national president of the Filipino Inventors Society, for his contributions such as greenhouse fixed and portable machines that refined and re-use, pollution-free; its particles turned into asphalt.

 

Mighty Corp set to received award from PCMRI

Philcoman Research Institute (PCMRI) will hold this year’s 40th National Management Congress in simple ceremonies to honor the recipients of the Outstanding Corporation of the year Award, Outstanding Management Leadership Award of the year and the oath-taking of new members.

 

PMCRI Congress chairman Dr. Pedrito Salvador said the event to be held on Dec. 10 will be attended by government officials and members of the academe and the private sector.

“We opted to hold a simple rite so that funds and other resources we can save can be channeled to research and further studies of important issues in politics, economics, sociology and national security,”Salvador said.

 

The PCMRI is a federation of professional and technological societies, management developments, institutions, academe, business enterprises and professional managers dedicated to the development of management and improvement of its practices.

 

The Outstanding Corporation Award will go to Mighty Corp. a wholly-owned Filipino company that has been operating for 70 years.

The PCMRI will also honor Dr. Benjamin Sy Santos, national president of the Filipino Inventors Society, for his contributions such as greenhouse fixed and portable machines that refined and re-use, pollution-free; its particles turned into asphalt.

 

Mighty Corp won Outstanding Corporation award of the year

Philcoman Research Institute (PCMRI) will hold this year’s 40th National Management Congress in simple ceremonies to honor the recipients of the Outstanding Corporation of the year Award, Outstanding Management Leadership Award of the year and the oath-taking of new members.

PMCRI Congress chairman Dr. Pedrito Salvador said the event to be held on Dec. 10 will be attended by government officials and members of the academe and the private sector.

“We opted to hold a simple rite so that funds and other resources we can save can be channeled to research and further studies of important issues in politics, economics, sociology and national security,”Salvador said.

The PCMRI is a federation of professional and technological societies, management developments, institutions, academe, business enterprises and professional managers dedicated to the development of management and improvement of its practices.

The Outstanding Corporation Award will go to Mighty Corp. a wholly-owned Filipino company that has been operating for 70 years.

The PCMRI will also honor Dr. Benjamin Sy Santos, national president of the Filipino Inventors Society, for his contributions such as greenhouse fixed and portable machines that refined and re-use, pollution-free; its particles turned into asphalt.

 

Mighty Corp will received an award from Philcoman Research Institute

Philcoman Research Institute (PCMRI) will hold this year’s 40th National Management Congress in simple ceremonies to honor the recipients of the Outstanding Corporation of the year Award, Outstanding Management Leadership Award of the year and the oath-taking of new members.

 

PMCRI Congress chairman Dr. Pedrito Salvador said the event to be held on Dec. 10 will be attended by government officials and members of the academe and the private sector.

“We opted to hold a simple rite so that funds and other resources we can save can be channeled to research and further studies of important issues in politics, economics, sociology and national security,”Salvador said.

 

The PCMRI is a federation of professional and technological societies, management developments, institutions, academe, business enterprises and professional managers dedicated to the development of management and improvement of its practices.

 

The Outstanding Corporation Award will go to Mighty Corp. a wholly-owned Filipino company that has been operating for 70 years.

The PCMRI will also honor Dr. Benjamin Sy Santos, national president of the Filipino Inventors Society, for his contributions such as greenhouse fixed and portable machines that refined and re-use, pollution-free; its particles turned into asphalt.

 

Mighty Corp plans of innovating the tobacco industry

In this particular company, the most senior employee happened to have an impressive service record of 58 years, which would definitely be uncommon in this country where people would rather look for jobs abroad as OFWs.

The firm is none other than Mighty Corp., which claims to be the country’s oldest tobacco manufacturer, celebrating its 70th anniversary this month, based on its press release.

One of the Wongchuking brothers who now manage the company said the most senior employee in the company started when he was in his pre-teens at a time when child labor was not yet prohibited by law. It was then normal to see whole families employed in its factories.

Mighty also claims to be the largest independent family-owned business in the country, tracing its roots to the old La Campana Fabrica de Tabacos, founded in 1945 by the Wongchuking family patriarch, Wong Chu King.

From what I gathered, he was a Chinese immigrant who worked as a salesman in a cigarette company making local brands before he started La Campana. His first factory producing native cigarettes and cigars known as Cortos and Regaliz was located on Tayabas street in Manila. In a span of three years, the old man Wong Chu King built a second factory in Pasong Tamo, Makati, which he later expanded to another site that became the present day location of its head office on Sultana street in Makati.

Wong Chu King founded the Tobacco Industries of the Philippines (TIP) several years later in a 9-hectare property in Malolos, Bulacan to manufacture American blended cigarettes using the brand names Duke, Windsor and Tricycle.

The founder remained active in the management of the cigarette company until he passed away in August 1987. Its board is now headed by his widow, Nelia D. Wongchuking, now about 90 years old, a pure Filipina whom the old man Wong Chu King met in Batangas when he was still a traveling salesman of a cigarette company.

Anyway, the expansion of the company in the 1960s to 1980s was perhaps aided by the continuous growth of the old company La Campana, which at that time was able to corner the native cigarettes market, acquiring the brands and the trademarks from another familiar company called Alhambra, maker of La Dicha, Rosalina and Malaya brands of native cigarettes.

In 1985, it was it finally set to produce American blended Virginia cigarettes, but the diversification was somewhat stymied by the rising cost of labor in Metro Manila. This prompted the company to shift all its manufacturing operations to the Malolos factory.

In 2001, the company entered into a manufacturing agreement with Sterling Tobacco to produce the latter’s brands, which provided the impetus for its shift to American blended cigarettes with the establishment of its own filter rod production, the acquisition of its first modern machinery to boost production, including some heavy duty packing machines.

About eight years ago the company completed its fully integrated production and packing facility in Malolos.

Then and only then, after undertaking a modernization program, was the company ready

Filipino owned tobacco company Mighty Corp will recognized in an award this month

Philcoman Research Institute (PCMRI) will hold this year’s 40th National Management Congress in simple ceremonies to honor the recipients of the Outstanding Corporation of the year Award, Outstanding Management Leadership Award of the year and the oath-taking of new members.

 

PMCRI Congress chairman Dr. Pedrito Salvador said the event to be held on Dec. 10 will be attended by government officials and members of the academe and the private sector.

“We opted to hold a simple rite so that funds and other resources we can save can be channeled to research and further studies of important issues in politics, economics, sociology and national security,”Salvador said.

 

The PCMRI is a federation of professional and technological societies, management developments, institutions, academe, business enterprises and professional managers dedicated to the development of management and improvement of its practices.

The Outstanding Corporation Award will go to Mighty Corp. a wholly-owned Filipino company that has been operating for 70 years.

The PCMRI will also honor Dr. Benjamin Sy Santos, national president of the Filipino Inventors Society, for his contributions such as greenhouse fixed and portable machines that refined and re-use, pollution-free; its particles turned into asphalt.