After failed bids, 4 Discaya luxury cars up for auction on Dec. 5
MANILA, Philippines — After failed bids in the first auction, the Bureau of Customs is set to offer four seized luxury cars of super contractors Curlee and Sarah Discaya at lower floor prices on Friday, December 5.
The four vehicles, which include the controversial Rolls-Royce Cullinan with its signature umbrella, could bring in a minimum of P58.3 million if sold at floor prices. This is roughly P16.6 million less than the projected revenue from its original floor prices.
They will be available for public viewing from December 2 to 3 at the BOC-PUC Grounds in Port Area, Manila.
Only three luxury vehicles were sold for a combined P38.21 million during the first auction held on November 20, with Simplex Industrial Corp. acquiring two and Lesentrell Jewelries one. The vehicles auctioned off include the Mercedes-Benz G63 AMG (2022), Mercedes-Benz G500 Brabus (2019), and Lincoln Navigator L (2021).
Revenue from the public auction will be remitted to the national treasury. The BOC and the Independent Commission for Infrastructure said the sale is part of the government’s anti-corruption efforts to recover stolen assets linked to the flood control scandal, in which the Discayas were top contractors responsible for substandard projects and unpaid duties.
The four vehicles up for auction on Friday are:
- Toyota Tundra (2022)
- Floor price: P3,473,253.97
- Bond: P347,325.00
- Toyota Sequoia (2023)
- Floor price: P4,669,554.50
- Bond: P466,955.00
- Rolls-Royce Cullinan (2023)
- Floor price: P36,281,415.72
- Bond: P1,814,071.00
- Bentley Bentayga (2022)
- Floor price: P13,878,800.38
- Bond: P693,940.00
Bidders are required to post a bond for each vehicle they intend to bid on. Winning bidders may deduct the bond from their final payment, while losing bidders will have it refunded. A non-refundable registration fee of P5,050 is also required.
If a vehicle has a failed bid, meaning no offers were made or the winner did not complete payment, it will be auctioned again at a later date.
The seven vehicles were seized and slated for auction due to missing permits, unpaid taxes and incomplete documentation. Six more luxury vehicles owned by the Discayas and held by the BOC are still under investigation to determine if they also lack proper import entries or unpaid taxes.
The Discayas have been under investigation by Congress, the ICI, the Ombudsman and the Department of Justice. They are expected to face charges in the Sandiganbayan over the multibillion-peso flood control project scandal, having admitted to paying kickbacks to officials and failing to complete contracts, which included ghost and substandard projects.
The BOC also plans on investigating the luxury cars acquired by other government contractors.
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