Saturday 19 January
Oct 20, 2018 @ 18:21

Duterte crony Dennis Uy claims he is a victim of witch hunt


The camp of Davao-based businessman Dennis Uy claims that there is a witchhunt to discredit him and his companies as he branded the allegations made by a consumer protection group as ?nothing but pure harassment.?

The Alliance for Consumers and Protection Environment Inc. (ACAPE) , which advocates good governance, has asked the Bureau of Internal Revenue to probe Uy and his businesses for possible tax evasion, alleging that Phoenix Petroleum Philippines Inc. has incurred a tax liability of P3 billion.

Phoenix is one of the leading independent oil companies in the country.

?We categorically DENY the allegations and insinuations suggested by this so-called consumer protection Group, ACAPE, as there is utterly no basis in fact or even in law for their allegations and insinuations,? said Phoenix Petroleum, a company owned by Uy.

?As far as Phoenix Petroleum and Mr. Uy are concerned, we have not received any assessments from the BIR or the Bureau of Customs pertaining to any tax deficiencies incurred by Phoenix or Mr. Uy of material amount such as P3 billion, whether current or past,? the oil firm pointed out.

?Obviously the group or Acape is clueless and in a ?witch hunt? as it did not know what they were referring to in their complaint with the BIR and BOC. Hence, the complaint of Acape is nothing but pure harassment with no other obvious objective but to smear the reputation of the company and Mr. Uy which they have worked hard for the last 12 years,? Phoenix Petroleum said.

Atty. Raymond Zorrilla, VP for external affairs at Phoenix Petroleum, maintained that all transactions of the company were above board and it consistently complied with laws and regulations including all legal processes.

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