Manila: The government has generated over PHP7.4 million from the auction sale of seized and forfeited goods, the Bureau of Customs (BOC) reported Friday.

According to Philippines News Agency, the BOC - Port of Manila shared that the public sale conducted by the Auction and Cargo Disposal Division in July generated a total of PHP4,749,450. The first auction took place on July 14, where two sale lots consisting of whisky bottles, a prefabricated house, and mobile food carts were successfully awarded to qualified bidders, generating PHP3,964,250 in proceeds through a competitive and transparent bidding process.

During the second public auction conducted on July 30, one sale lot consisting of two units of used truck-mounted aerial platforms was successfully awarded, generating PHP785,200, inclusive of registration fees. The BOC emphasized that the two auction activities were conducted in accordance with existing customs laws, rules, and regulations governing the disposal of seized and forfeited goods.

Both auction activities were supervised by District Collector Rizalino Jose Torralba, ensuring compliance with established procedures and promoting transparency, accountability, and efficiency in customs operations. Commissioner Ariel Nepomuceno commended the Port of Manila for the successful conduct of the July public auctions, stating, "Congratulations to the Port of Manila on its successful public auctions. I commend the team for keeping the process transparent, orderly, and efficient, while ensuring that the interests of the government are protected."