We had this incident in two of the logistics companies of the
conglomerate I am working for. Last May of this year their former client, a
shipper of fresh salmon from abroad, accused them of charging Value Added Tax
for the shipments which turned out to be tax free. So our companies
investigated the matter and discovered that their Customs processor along
with 14 other people, upon learning from the Bureau of Customs itself that the
shipments are non-vatable, conspired to keep this from management and
appropriate the VAT payments amongst themselves. This went on for about 2 years
and they were able to appropriate about P2,000,000.00.
We undertook the corresponding administrative investigations and
terminated the 15 employees. As expected they filed a labor case against the companies for illegal dismissal which was bold and clearly unfounded considering their evident
participation in the theft of the aforesaid VAT payments. The company for its part filed the appropriate criminal cases for qualified theft.
Let's see how these cases unfold...
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