Pres. Duterte Gives 10-Day Ultimatum to Billionaire Lucio Tan or Else He Will Close PAL Airport


The tough-talking President of the Republic of the Philippines, Pres. Rody Duterte gives a 10-day ultimatum to billionaire Lucio Tan to pay his alleged debt to the national government or else he will force to close the Airport of the country's flag-carrier, Philippine Airlines (PAL).

See Also: DOTr Releases Official Statement About PAL's Tax Obligations



According to Pres. Duterte one of those obligations by the company owned by the Taipan, Lucio Tan is the rental of Ninoy Aquino International Airport (NAIA) runway.

The former Mayor of Davao City and the very first President from Mindanao also noted on his tirades against the Filipino-Chinese businessman, he don't care about the business of Tan, because he did not received any campaign donation from one of the country's richest individual.

Based upon the documents and records of the Bureau of Internal Revenue (BIR) needs at least P30-Billion from Lucio Tan due to their tax obligations.

Pres. Duterte also noted during his speech and tirades to businessman Lucio Tan that "Alam mo, basta iyong ano... Basta kayong walang - mga abogado man tayo lahat dito. You tell your clients "Pay the tax correctly." Iyong isa dito ano, sabi niya - I did not accept. I did not accept his money. He is a contributor.

"At sabihin ko na. Lucio Tan, donor of funds. Sabi ko, "No?" Sabi ko, "Thank you, but -"And the other guys there. Sabi ko, you are using government buildings, airport, have a back... back - utang diyan sa runway 'di mo binabayaran." Sabi ko, "You solve the problem yourself. I will give you 10 days. Bayaran mo, 'pag di mo bayaran, eh 'di sarhan ko." Wala nang airport. So what ?" Pres. Duterte said.

Lucio Tan is a Chinese Filipino billionaire, businessman and educator with interests in banking, airline, real estate industries and education to name a few. During th year 2013, Forbes Magazine listed him as the second richest billionaire in the Philippines with a net worth of $7.5 billion.

Source: Bombo Radyo / PIA


Pres. Duterte Gives 10-Day Ultimatum to Billionaire Lucio Tan or Else He Will Close PAL Airport Pres. Duterte Gives 10-Day Ultimatum to Billionaire Lucio Tan or Else He Will Close PAL Airport Reviewed by Phil Newsome on 9/27/2017 Rating: 5

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