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Article

15 Oct 2010

Author:
Nikko Dizon, Philippine Daily Inquirer

Biggest ever: P24-B [24 billion peso] tax case filed vs Shell [Philippines]

The Bureau of Customs Thursday filed with the justice department a P24.5-billion complaint against the local unit of oil giant Royal Dutch Shell, accusing the company of evading import duties and taxes in what could be the country’s biggest smuggling case...Edgardo Chua, the chair of Pilipinas Shell Petroleum Corp., said his company had “never, ever engaged in smuggling. That’s against our business principles.”