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Bilyonaryo - Business

Customs seizes P40M worth of ‘COVID’ meds

May 3, 2020

Bilyonaryo.com

Bilyonaryo-BoC - Bilyonaryo Business News

The coronavirus outbreak has sparked a rise in fake or counterfeit medicines.

In a statement, the BoC announced it had raided two warehouses in Lawang Bato, Valenzuela and Malate, Manila where around P40 million worth of Chinese medicines, not cleared with the Food and Drug Administration, had been seized.

The medicines were reportedly being illegally peddled to consumers scared of contracting the deadly virus.

Other items seized by joint operatives of BoC and were personal protective equipment (PPE) and surgical masks were seized.

The BOC has assured the public ” it will continue to be at the forefront of the government’s campaign against unscrupulous businessmen.”

Related News Tags: BoC, coronavirus outbreak, Lawang Bato, Malate, Manila, Valenzuela

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