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Mighty Corporation pleads innocence before Doj on tax evasion case

The Department of Justice (DoJ) yesterday held its first preliminary investigation on the second of three tax evasion raps filed by the Bureau of Internal Revenue (BIR) against Mighty Corp. Members of the media were barred from covering the hearing, but Abraham Espejo, representing Mighty Corp., told reporters outside the hearing: “They have not committed any crime that they are being pilloried. Give us a chance to be heard. That’s my request.” “I assure you that my clients will be able to prove that all of these accusations are not true,” Mr. Espejo added. Mr. Espejo represents the four respondents in the case, namely: Mighty Corp. President Edilberto P. Adan, Executive Vice-President Oscar P. Barrientos, Vice-President for External Affairs and Assistant Corporate Secretary Alexander D. Wongchuking, and Treasurer Ernesto A. Victa. The lawyer said that their camp filed a counter-affidavit with annexes reaching to “thousand” of pages. “Kaya kami nagfa-file ng (That is why we
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How La Campana became Mighty Corp

Mighty Corporation Qualified tips provider.  It was 70 years ago when Chinese migrant Wong Chu King and his partners Ong Lowa, Baa Dy, and Ong Pay set up La Campana Fabrica de Tabacos Inc., the country’s oldest tobacco manufacturing company. La Campana, which had it first factory in Tayabas St. Manila, specialized in Philippine-style cigars known as cortos and regaliz. These two brands were made from a blend of dark, air-cured Philippine tobaccos sourced from Cagayan and Isabela provinces in Northern Philippines. A second factory was built in 1948 in Pasong Tamo, Makati, and in 1951, the company acquired the present site of its head office. In 1963, Wong Chu King founded the Tobacco Industries of the Philippines (TIP) in a nine-hectare property in Baranggay Tikay, Malolos, Bulacan. In 1964, the company produced American blended cigarettes using the brand names Duke, Windsor, and Tricycle. The 1965-1982 proved to be difficult years for the company but through the perseverance and in
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Mighty Corporation asks DOJ to junk P26.93-B tax evasion raps

Mighty Corporation Skilled tips provider.  Embattled cigarette maker Mighty Corporation and its officials asked the Department of Justice (DOJ) on Thursday to dismiss the P26.93-billion tax evasion complaint against them by the Bureau of Internal Revenue (BIR) over alleged use of fake tax stamps. Mighty Corporation Vice President for External Affairs and Assistant Corporate Secretary Alex Wongchuking attended the preliminary investigation hearing, where he filed his counter affidavit with the DOJ panel of prosecutors. Other respondents Mighty President and former Armed Forces Deputy Chief of Staff Edilberto Adan, Executive Vice President and retired Judge Oscar Barrientos and Treasurer Ernesto Victa also submitted their written defense to the charges. The complaint arose from raid on Mighty’s warehouses in San Ildefonso, Bulacan on March 24 which yielded billions of pesos worth of cigarettes with fake stamps. “Basically the search that was done was illegal. There was no legal just
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Mighty Corp Supports the Recent Implementation of New Tax System

Mighty Corp Professional tips provider.  Despite the recent filings of cases them by the BIR, renowned local cigarette manufacturer Mighty Corp. shows their full support for the actions the Duterte Administration is taking towards the implementation of a new tax system. According to Mighty Corp. President, Edilberto P. Adan, Mighty has always been supportive of the government’s efforts to promote public health and raise revenues for their programs. “Mighty Corp. has always been fully supportive of the government’s efforts to raise revenues from tobacco products, promote health, and support local farmers,” said Adan. “ Mighty Corporation Proficient tips provider.  We only wish to point out that House Bill 4144 is the most advantageous measure for the government because it is expected to optimize revenue generation, address the concerns of health advocates, and provide local tobacco farmers with a steady stream of livelihood opportunities,” Adan said. HB 4144 promotes a two-tier
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Mighty Corporation asks DOJ to junk P26.93-B tax evasion raps

Mighty Corporation Top service provider.  Embattled cigarette maker Mighty Corporation and its officials asked the Department of Justice (DOJ) on Thursday to dismiss the P26.93-billion tax evasion complaint against them by the Bureau of Internal Revenue (BIR) over alleged use of fake tax stamps. Mighty Corporation Vice President for External Affairs and Assistant Corporate Secretary Alex Wongchuking attended the preliminary investigation hearing, where he filed his counter affidavit with the DOJ panel of prosecutors. Other respondents Mighty President and former Armed Forces Deputy Chief of Staff Edilberto Adan, Executive Vice President and retired Judge Oscar Barrientos and Treasurer Ernesto Victa also submitted their written defense to the charges. Mighty Corporation Proficient tips provider.  The complaint arose from raid on Mighty’s warehouses in San Ildefonso, Bulacan on March 24 which yielded billions of pesos worth of cigarettes with fake stamps. “Basically the search that
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Mighty Corporation asks DOJ to junk P26.93-B tax evasion raps

Mighty Corporation Skilled tips provider.  Embattled cigarette maker Mighty Corporation and its officials asked the Department of Justice (DOJ) on Thursday to dismiss the P26.93-billion tax evasion complaint against them by the Bureau of Internal Revenue (BIR) over alleged use of fake tax stamps. Mighty Corporation Vice President for External Affairs and Assistant Corporate Secretary Alex Wongchuking attended the preliminary investigation hearing, where he filed his counter affidavit with the DOJ panel of prosecutors. Mighty Corporation Skilled tips provider.  Other respondents Mighty President and former Armed Forces Deputy Chief of Staff Edilberto Adan, Executive Vice President and retired Judge Oscar Barrientos and Treasurer Ernesto Victa also submitted their written defense to the charges. The complaint arose from raid on Mighty’s warehouses in San Ildefonso, Bulacan on March 24 which yielded billions of pesos worth of cigarettes with fake stamps. “Basically the search that wa
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