BLUE. Finance Secretary Frederick Go inspects the smuggled blue 2017 Bugatti Chiron, which fetched the government P101.5 million in a recent sale.
Department of Finance
A 2024 Rappler investigation found that the two cars had been imported and registered using questionable documents that severely undervalued the vehicles and exposed gaps in the Land Transportation Office's systems
MANILA, Philippines – The government has turned two smuggled Bugatti Chirons at the center of a high-profile 2024 smuggling case into more than P205 million in public revenue.
Finance Secretary Frederick Go on Wednesday, July 29, led the turnover of P205.02 million in proceeds from the Bureau of Customs (BOC) following the negotiated sale of the two ultraluxury sports cars.
