Businessman Uy Exonerated of Smuggling Charges, Quadruples Profit of Phoenix Petroleum

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Uy,Smuggling Charges,Phoenix Petroleum

Leila M. De Lima and the Bureau of Customs were accused of smuggling P5.9 billion worth of petroleum products. The Supreme Court affirmed the decision to throw out the criminal cases against the accused. Despite the government's strong case, the High Court's decision was respected. Uy, who had invested in various industries since 2016, quadrupled the profit of Phoenix Petroleum in just five years.

Leila M. De Lima and the Bureau of Customs were accused of smuggling P5.9 billion worth of petroleum products. The Supreme Court affirmed the decision to throw out the criminal cases against the accused.

Despite the government's strong case, the High Court's decision was respected. Uy, who had invested in various industries since 2016, quadrupled the profit of Phoenix Petroleum in just five years.

 

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