Sunday, February 17, 2013

STANDARD: ALVIN CAPINO - TIME TO LET BIAZON GO
Some BOC insiders we know are amused at the press release issued by Customs chief Ruffy Biazon that his bureau has finally surpassed its January 2013 collection target. The sources claim that Biazon is MISLEADING THE PUBLIC with this claim. The revenue target for January for the BOC set by the DBCC, according to the sources, is P26.67 billion. Thus, with its January collection of P24.5 billion, Biazon's BOC is SHORT BY P2.1 BILLION. So where did the figure of P24.3 billion revenue target come from?

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