IN PHOTOS: Customs seizes P145M worth of luxury cars linked to Zaldy Co

3 weeks ago 14

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Customs seizes P145M worth of luxury cars linked to Zaldy Co

SEIZED. Millions worth of luxury cars owned by companies linked to Zaldy Co are parked in the Independent Commission for Infrastructure on January 9, 2025.

James Patrick Cruz/Rappler

These cars are registered under the companies linked to former congressman Zaldy Co

MANILA, Philippines – The Bureau of Customs (BOC) seized eight illegally imported luxury vehicles linked to former congressman Zaldy Co on Thursday, January 8.

The operation took place at the Fort Victoria Condominium in Taguig City, following information received by the Independent Commission for Infrastructure (ICI) that 15 luxury cars allegedly owned by Co were parked in the building.

Upon inspection, BOC found that 9 of the 15 vehicles had incomplete importation documents and unpaid duties and taxes.

The Metro Manila Regional Trial Court Branch 41 subsequently issued search warrants for these nine vehicles after finding probable cause that they violated the Customs Modernization and Tariff Act.

During the search, eight of the nine vehicles were located in the condominium’s parking lot. Authorities said the vehicles were registered under companies linked to Co.

Here’s the list of the seized luxury vehicles, with a total estimated worth of P145 million:

1. White Rolls Royce under Eco Leisure and Hospitality Holding Corp.

2. Black Toyota Sequoia under La Venezia Hotel and Spa Inc.

3. Black Cadillac Escalade under Misibis Resort and Hotel Management Inc.

4. Black Cadillac Escalade under Sunwest Construction and Development Corp.

5. Black Cadillac Escalade under Eco Leisure and Hospitality Holding Corp.

6. Black Lexus under Sunwest Construction and Development Corp.

7. Lexus Sport Plus under La Venezia Hotel and Spa Inc.

8. Black Mercedes-Benz under Sunwest Construction and Development Corp.

The seizure was carried out by the BOC in coordination with the Philippine National Police’s Highway Patrol Group and the Criminal Investigation and Detection Group.

PNP also recovered four other luxury vehicles not covered by the said search warrants. These include the following:

Lexus Hybrid LM350h
Lexus LV 350
GMC Yukon Genau
Ferrari light metallic blue

Due to limited space at the BOC compound and the proximity of ICI offices to the search site, the seized vehicles are temporarily being held in the ICI parking lot. – Rappler.com

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