The Land Transportation Office (LTO) in Region 12 (Soccsksargen) will auction around 400 abandoned impounded motor vehicles that were apprehended in various operations since last year.
Macario Gonzaga, LTO-12 director, said Thursday the inventory of the vehicles that will be covered by the public auction are underway in its nine district and satellite offices in the region.
He said the auction will cover all apprehended motor vehicles, including public utility units, that were not claimed or redeemed by their owners.
These were impounded due to various violations, among them being unregistered, improperly registered, and having delinquent or invalid registration.
“I issued a memo for the inventory so we can process the auction of all vehicles that were already impounded for at least six months and with unsettled payments,” Gonzaga said in an interview.
LTO-12 has district and satellite offices in Polomolok and Surallah towns, and Koronadal City in South Cotabato; Cotabato City; and, Kabacan and Midsayap towns and Kidapawan City in North Cotabato; this city; and, Alabel, Sarangani.
The official said he directed the concerned field offices to transfer all vehicles eligible for auction to their regional office compound in Koronadal City.
Once the vehicles are ready, he said they will immediately process the needed documents for the bidding process, he said.
The official said the auction is among the remedies provided by the law to facilitate the disposal of the unclaimed motor vehicles.
He said it is mainly in compliance with the provisions of Republic Act 1729, which authorizes the agency to “dispose of impounded motor vehicles unclaimed by owners for a certain period of time.”
The prices of the vehicles will depend on their models and quality and will follow the price ceiling set by the Commission on Audit.
Gonzaga said they may opt to sell in parts or per kilo the auctioned motor vehicles that will have no takers or buyers.
“Rest assured that all revenues from the auction will go to the national government’s coffers,” he added. (PNA)
Source: Philippines News Agency