On the malicious allegations against Mighty Corp

Several months ago, Filipino-owned tobacco manufacturer, Mighty Corp has been accused of tax-dodging by PMFTC.  

According to the competitor allegation, Mighty declared only half of its tobacco production due to tax purposes. Same issue that they always brought up whenever they were the subject in the several news articles online and broadsheet.

With the accusation over technical smuggling, the report made by the Task Force from the Department of Finance said that there are substantial unaccounted raw materials and huge revenue leakage from the Bulacan-based manufacturer. 

Meanwhile, in a statement made by the spokesperson and executive vice president of Mighty, Oscar P. Barrientos said that the continuous effort in a way doing smear, malicious campaign by the competitors

“Mighty Corp. continues to be vilified for having stood up to the industry giant. Since last year, the smear campaign has been nothing more than a rehash of the same lies and allegations,” Barrientos added. It’s really alarming when the rivals keep on rehashing old issues against the company.

With the giant monopoly like PMFTC, Mighty Corp proves that even they are a small local company, they’re become stronger than ever. Probably PMFTC want to pin down the company over the passage of Republic Act 10351 or the Sin Tax Reform Law in 2013.