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Transportation Secretary Art Tugade mentioned the federal government has given Tan a closing demand letter for full cost of all of PAL’s unpaid charges owed to the Civil Aviation Authority of the Philippines and Manila International Airport Authority (MIAA).
Tugade mentioned the administration had moved to accumulate the airport dues of Tan a month after Duterte took workplace.
“Letters have been sent to PAL as early as August 2016 demanding full payment of all unpaid charges. As a result, discussions were undertaken with PAL to reconcile invoices and documents, which lead to PAL’s payment to CAAP of P 370 million,” mentioned Tugade.
PAL nonetheless owed the federal government P6.965 billion to CAAP and P322 million to MIAA and Tan, the fourth richest Filipino with a web value $four.2 billion or P214 billion, supplied to pay his debt over a interval of seven years. This was rejected by Duterte.
Duterte had beforehand blasted Tan for having collected P30 billion in unpaid taxes to the federal government which as the primary cause why he rejected presents from Tan, proprietor of Fortune-Philip Morris and Asia Brewery, to contribute to his presidential marketing campaign in 2016.
Source: PNN
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