[box type=”default” size=”large”] Huge bond set as a condition for lifting of garnishment order [/box]GENERAL SANTOS CITY, Philippines – Sarangani Rep. Manny Pacquiao felt relieved after the Supreme Court (SC) issued an order stopping the Court of Tax Appeals (CTA) from enforcing its resolution ordering him and his wife, Jinkee, to post over P3.2 billion in cash bond or a P4.9-billion surety bond as a condition for the lifting of a garnishment order issued against them by the Bureau of Internal Revenue (BIR) in connection with their P2.2-billion tax evasion case.
Pacquiao said the High Court’s decision was in answer to their prayers for relief from the difficulties and hard times his family had encountered in the past months following the filing of tax-evasion charges against him.
“First, I praised God for giving me and my wife the courage and patience to overcome the problem brought about by the tax case. Secondly, I thanked and praised the Supreme Court for living up to its constitutional mandate as bulwark of justice and guardian of laws in this country,” Pacquiao said.
Pacquiao lauded the SC for showing its independence and deep sense of justice when it granted his petition for TRO. He said the SC decision on his tax case, including its landmark opinion on the controversial Disbursement Acceleration Program and Priority Development Assistance Fund, restored the people’s faith in the country’s judicial system.
Pacquiao said that the tax case has bothered him and his wife since it was filed more than a year ago. He said he can now focus on his preparations for his fight against American Chris Algieri on Nov. 23 in Macau, China.
Pacquiao will begin his training in the third week of September here. (Joseph Jubelag, Tempo)