MANILA, Philippines - The Bureau of Internal Revenue (BIR) is placing under separate investigation Janet Lim Napoles, owner of JLN Group of Companies, who was accused of allegedly masterminding the diversion of some P10 billion in government money to non-existing agricultural projects.
BIR Commissionher Kim S. Jacinto-Henares said Tuesday that the investigation will center on whether the alleged huge earnings were reflected in the income tax returns of Napoles
company filed during the past years.
Insiders said the BIR
will also make use of reports from various government agencies on the alleged scam in assessing the tax liabilities of Napoles
and others implicated in the anomaly.
The National Bureau of Invfestigation
(NBI) is spearheading the probe of Napoles
who was tagged by her
former disgruntled employees as the brain behind the more than 10-year-old racket.
They said Napoles
created shadow foundations to receive the public funds and later withdrawing them after they were deposited in the banks, without the money or farm tools delivered to their supposed beneficiaries like farmer cooperatives.