PRESS RELEASE: OMB Chair Leads Operation in Manila, Confiscating P11M Worth of Items

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PRESS RELEASE: OMB Chair Leads Operation in Manila, Confiscating P11M Worth of Items
Agents of the Optical Media Board, led by OMB Chair Atty. Christian D. Natividad, conducted an enforcement operation in Manila yesterday, November 4, 2020.
Tianyu Technology, a business establishment located at Binondo, Manila was inspected and found selling storage devices without the necessary license from OMB. Taken into preventive custody are 215 units of laptops, 36 units of desktop computers, 9 pieces of computer monitors, 1 piece of CPU, 10 pieces of CPU casings, 118 pieces of USB flashdrives, and 309 pieces of memory cards, with a total estimated value of Php11,054,000.00
The said business establishment was ordered closed by OMB Chair Atty. Christian Natividad and the owners are facing administrative and criminal charges for violations of Republic Act No. 9239.
Pursuant to the Implementing Rules and Regulations of Republic Act No. 9239 otherwise known as the Optical Media Act of 2003, an administrative sanction such as the closure of establishment shall be imposed upon establishments who engage in the sale of storage devices without registering with and/or securing a license from the OMB, or fails to renew an expired license within thirty (30) days from the date of expiration (Section3, Rule 1, Title V). #