LTFRB: Uber's fine may be more than ₱10M

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Metro Manila (CNN Philippines, August 23) — The ₱10 million fine offered by Uber in lieu of serving a month-long suspension may increase, according to the Land Transportation Franchising and Regulatory Board (LTFRB).

After the hearing between LTFRB and Uber Friday, LTFRB Board Member Atty. Aileen Lizada said the increase will depend on how board members will view the violations committed by the transport network company.

"It will be a collegial decision. We set aside the financial assistance, the amount of the financial assistance separate from the fine," Lizada said.

READ: LTFRB denies Uber appeal on one-month suspension

But a group of jeepney operators filed a motion to intervene, questioning the basis of the ₱10M fine Uber offered.

Atty. Vigor Mendoza from the KAPIT Jeepney Operators group said Uber needs to pay the government ₱120,000 for every colorum vehicle.

"If the numbers are correct they were operating at 50 thousand colorum vehicles so just multiply 50,000 to P120,000. That's six billion pesos," Mendoza said.

But Uber said a ₱6-billion fine is too high.

"It may go higher, but it depends on the deliberation and appreciation of the other acts violations, financial assistance as well," Lizada said. "These things, we have to balance."

Uber's offer is the second attempt at a reprieve from the suspension, after LTFRB rejected its initial motion for reconsideration last August 15.

The transport network company was suspended on August 14 after the LTFRB said it defied a July 26 order to stop accepting applications for accreditation of transport network vehicle services (TNVS) and their eventual approval or activation.

READ: LTFRB suspends Uber for 1 month

CNN Philippines' correspondent Makoi Popioco contributed to this report.