It Appears They Finally Have Something On The Arroyos

[Mr Lee]

There are a couple of interesting items I found in this article, and I am sure there are more. One he paid in cash, and two he had them delivered so he would not have to pay tax, so where did he get that much cash? and WTH not pay tax?Power corrupts; absolute power corrupts absolutely, and if guilty, he is probably going to do some serious time. ‘Jose Miguel Arroyo owned helicopters’Documents shown to the Inquirer indicated that Mike Arroyo paid a deposit of $95,000 each for the five units on Dec. 11, 2003, for a total of $475,000. The net balance of $948,025 was paid from March 2 to March 9, 2004. A total of $1,423,025 was paid to Lionair for the five helicopters.Cash payments Estrada said all helicopters were paid for in cash that a Lionair representative would collect from the LTA Building, which belongs to Arroyo’s family, on Perea Street in Makati City. Estrada said the witness claimed that in early 2004, the helicopters were sent via air cargo to Asian Spirit, an airline company in the Clark Freeport Zone in Pampanga. “He (the witness) said this was done because Asian Spirit was a locator in Clark, meaning it can receive goods without paying taxes and the new owner of the choppers at that time wanted to avoid paying them,” Estrada said in an interview.