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2 cigarette makers still operating in defiance of PEZA suspension order

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Two cigarette firms have continued to operate despite being suspended last February by the PEZA for being involved in illicit trading.

Before that meeting, PEZA Director General Charito Plaza said she had ordered the suspension of operations

Finance Secretary Carlos Dominguez III had also raised the alarm on the growing incidence of illegal tobacco trading in economic zones as it had been depriving the government of tax revenues. When queried during the TWG meeting on the status of GB Global and GB-BEM’s operations, PEZA Deputy Director General Mary Harriet Abordo said both businesses are no longer operational, citing a report by Zone Manager Danny San Gabriel.ADVERTISEMENT

The report reaching the committee members confirmed the continued operations of GB Global since March 22, producing 100 mastercases daily.

Source: News Formal (newsformal.com)

 

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