THE Land Transportation Office in Central Visayas (LTO 7) has recommended the cancellation of the manufacturer, assembler, importer, rebuilder, dealer and other entities (MAIRDOEs) accreditation of another major dealer in Cebu.
In a statement sent to SunStar Cebu on Monday, May 30, 2022, LTO 7 Director Victor Emmanuel Caindec endorsed eight resolutions before the LTO’s central office in Manila to cancel and blacklist the MAIRDOEs accreditation of Du Ek Sam Inc. particularly its branch based in D. Jakosalem St., Cebu City.
The formal resolution was endorsed through the Office of LTO Executive Director Romeo G. Vera Cruz last Wednesday, May 25, which imposes the penalty of blacklisting due to multiple violations of its MAIRDOEs accreditation.
Caindec claimed that the motorcycle dealer violated LTO Administrative Order AVT-2014-023 by committing fraud in its stocks and sales reporting and submitting fake or falsified stocks sales periodic reports involving a motorcycle purchase.
Section 9 of LTO Administrative Order AVT-2014-023 states that cancellation of Certificate of Accreditation and blacklisting and cancellation of Certificate of Stocks Reported (CSR), sales report, and registration is warranted when there is the submission of fraudulent, fake, or falsified stock/sales periodic reports as required by law, rules and regulations.
SunStar Cebu sought the comment of officials from Du Ek Sam but a representative said they will issue a statement in a later time.
Caindec said the filing of resolutions against Du Ek Sam came a month after he also filed a similar resolution to cancel and blacklist the MAIRDOEs accreditation of Premio, another motorcycle dealer based in Cebu.
Caindec has warned motorcycle dealers that more resolutions will be filed and endorsed against Premio and Du Ek Sam Inc., and its affiliated dealers. (PR)