This is the roundup of stories that came out in local papers today, June 20, 2016.
Police say slain suspected drug lord Jaguar had no plans to surrender
The Police Regional Officie belied reports that top drug personality Jeffrey “Jaguar” Diaz was planning to quit the trade and surrender to authorities.
We are dismantling whatever structure Jaguar had i his criminal sydicate….So far, we see that drug personalities have fled. We expect that someone will take Jaguar’s place but won’t have as large a reach. PRO 7 director Patrocinio Comendador Jr.
Read: Sun.Star Cebu: PRO 7 says Jaguar had no plans to surrender.
Related: Freeman: Reporter recalls final interview: Jaguar expected to die.
Sun.Star Cebu: Neighbors mourn drug lord’s death, say he was a generous man.
PRO 7 warns drug lords: be very afraid
PRO 7 head Patrocinio Comendador says the death of Jeffrey “Jaguar” Diaz should send a chilling message to drug lords that the cops will chase them wherever they go.
With his death, the drug trade will be severely affected. Their drug organization will be in chaos. As what I have said, we will not stop with Jaguar. We will chase the rest of the drug operators in here. PRO 7 Patrocinio Commendador Jr.
Read: Cebu Daily News: PRO 7 brushes off speculations Jaguar was silenced.
Former finance secretary supports move to increase VAT
Former finance secretary and current Phinma Corp CEO Ramon del Rosario Jr. expressed support for the Duterte administration’s plan to increase the Value Added Tax. Del Rosario, who served as Finance secretary from 1992 to 1998 also hoped Duterte will lover the income tax rate for both individuals and corporations.
I’m in favor of the idea of increasing VAT from 12 to 15 percent, and reducing income tax rate both for individual and for corporations down to a level of 25 percent. Ex Finance secretary Ramon del Rosario Jr.
Read: Sun.Star Cebu: Former finance secretary favors increasing VAT, lowering income tax.
