Japan-bound Filipino held at Naia for non-declaration of yen, pesos | Global News

Japan-bound Filipino held at Naia for non-declaration of yen, pesos

By: - Reporter / @santostinaINQ
/ 02:25 AM June 09, 2012

FAÇADE of the Ninoy Aquino International Airport Terminal 1. INQUIRER FILE PHOTO

MANILA, Philippines—Airport authorities on Friday intercepted a Filipino woman who allegedly tried to bring out of the country some 3.6 million yen and around P300,000 she had not declared to the Bureau of Customs, in violation of central bank rules.

Customs deputy collector for passengers services Thess Roque said Ronavie Kamata, a resident of Mauban, Quezon, was stopped by Customs examiners at the Ninoy Aquino International Airport Terminal 1 for allegedly failing to declare that she had such amount in her possession.

ADVERTISEMENT

Kamata, 39, was about to board a Japan Airlines flight bound for Narita around 2:25 p.m. when intercepted by authorities at the initial X-ray departure area.

FEATURED STORIES

Roque said the Japanese yen, which has an equivalent of arond P2 million, was discovered inside a brown clutch bag placed in Kamata’s carry-on trolley bag, which also yielded assorted denominations of Philippine pesos, with a total of P296,000.

When asked by Customs examiner if she had declared the amount when she first entered the country, Kamata reportedly said  the money was intended for the payment of her house in Quezon province.

However, she reportedly said she had to bring it out of the country and return it to her husband in Japan after the deal did not push through.

Roque cited Bangko Sentral ng Pilipinas circular 308 which says that “any person bringing in or taking out of the Philippines foreign currency, or other foreign exchange-denominated bearer negotiable monetary instrument in bearer form such travelers checks, other checks, drafts, notes money order, bonds, deposits, certificates, securities, commercial papers, trust certification, deposits substitute instrument, trading orders, transaction ticket and confirmation sale/investment, in excess  of US$10,000 or its equivalent must accomplish a Currency Declaration form which may be obtained from and submitted to a customs officer assigned at the customs desk.”

“Any person is entitled to 10,000 each in foreign currency and peso,” the Customs officer said.

She added that Customs will return to Kamata the equivalent of US$10,000 and P10,000 as required by the BSP but the balance of the amount will be confiscated in favor of the government.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Bangko Sentral ng Pilipinas, Bureau of Customs, Japan

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.