Republic of the Philippines

Department of Finance
Bureau of Customs
1099 Manila

FOR : ISIDRO S. LAPEÑA, PhD, CSEE FROM: THE LEGAL SERVICE

Commissioner DATE: 6 September 2017

THRU : M/GEN. NATALIO C. ECARMA III

(RET.)
Deputy Commissioner, RCMG

FROM : ATTY. ALVIN H. EBREO PREPARED BY:

Director III, Legal Service, and
Executive Director, BATAS
ATTY. LYNDON F. DELOS SANTOS
Acting Chief, Ruling & Research Division
RE : Forfeiture of Matured Bonds
Pursuant to CMO No. 28-90

ORDER
Pursuant to Customs Memorandum Order No. 28-90, the following bonds are
deemed forfeited, to wit:

Surety Bond No. Entry No. Amount of Expiry Date

Bond

Milestone 335 13834-14 658, 633.00 07/25/15

Guaranty and
Assurance Corp.
Milestone 335 15734-14 72, 652.00 09/13/15
Guaranty and
Assurance Corp.

For failure to settle the amount of the duties and taxes for the abovementioned
shipments, despite repeated demands to both the principal (Widearth) and the Surety
(Milestone), these bonds are deemed forfeited in favor of the government.

ISIDRO S. LAPEÑA, PhD, CSEE

Commissioner