DOJ Summons Cedric Lee To Answer P194-47-Million Tax Evasion CaseThe Department of Justice (DOJ) summoned businessman Cedric Lee to answer the P194.47-million tax evasion case filed against him by the Bureau of Internal Revenue (BIR). This is based on the revenues of his myriad of business companies from 2006 to 2009.
The hearing for the tax evasion case will be on April 28 at 2PM, according to Assistant State Prosecutor Allan Stewart Mariano. Cedric must face the prosecutor since this will be the time wherein the businessman will decide if he will file a counter-affidavit.
Last March, the BIR filed a tax evasion case against Cedric for failing to declare right taxes from 2006 to 2009 for his business, Izumo Contractors Inc.
According to reports, Izumo earned P302.62 million from 2006 to 2009, but Cedric only filed for an income of P72.22 million.
The business allegedly had a "deliberate failure" to declare what it earned in 2006 (P88.79 million), 2007 (P36.93 million), 2008 (P9.49 million) and 2009 (P91.20 million).
It totaled to P226.41 million. But according to independent investigation made by the BIR, Izumo Construction actually earned P302.63 million during the said period.
Some of the clients of Cedric's business are the local governments in Butuan, San Juan City, Pasay City, Davao del Sur, and Tagudin in Ilocos Sur.
Failure to declare the right taxes is in violation to Section 254 and 255 indicated in Section 253(dl) and 256 of the amended National Internal Revenue Code of 1997.
According to a separate report, the hearing on Cedric's case should be held on April 11. But Atty. Howard Calleja asked for a suspension of the deadline because it falls together with the schedule of the serious illegal detention case filed against him by Vhong Navarro.
Another case, grave coercion, was filed against Cedric and his group for the alleged mauling and extortion of the TV host-actor. This is in line with the "citizen's arrest" they effected against Vhong for allegedly raping model-stylist Deniece Cornejo back in January.
The rape complaint filed by Deniece against Vhong was junked by the DOJ.
A warrant of arrest has also been issued against Cedric because of the grave coercion case. Deniece and a certain "Mike" have already posted bail for the grave coercion case.
The serious illegal detention case is currently being heard by a panel. A warrant of arrest for the said case may also be issued in the coming days. Serious illegal detention is a non-bailable offense.
Meanwhile, reports said Deniece has posted the P12,000-bail for the grave coercion case filed against her and her group by Vhong. She expressed her disappointment that she is seemingly being "harassed" by the DOJ.
She added that it's unfair to her and to her family. She also said that DOJ is siding with Vhong.
On April 11, the Taguig MTC issued a warrant of arrest for the grave coercion case of Deniece, Cedric, Bernice Lee, Simeon “Zimmer” Raz Jr., Sahed “Jed” Fernandez Abuhijleh, “Jose Paolo “JP” Calma, and Ferdinand Guerrero.
Jed or also known as "Mike" went to Taguig MTC on Monday to post bail. Aside from Deniece and Jed, others accused in the case have not posted bail yet.
Because they have not posted bail yet, DOJ Secretary Leila de Lima issued a warrant of arrest for Cedric, Bernice, Zimmer, Jed, JP, and Ferdinand.