/Uber back in the business; pays P190M penalty to LTFRB

Uber back in the business; pays P190M penalty to LTFRB

After 2 weeks of suspension, Uber System, Inc. (Uber) is back in the business after the Land Transportation Franchising and Regulatory Board (LTFRB) lifted its order of suspension and agrees to settled P190 million penalty for defying LTFRB regulations.

According to LTFRB Spokesperson and Board Member Atty.  Aileen Lizada, “The amount should come out at the end of the day when they comply. It cost Uber to half a billion pesos for defying government regulations, putting risk tens of thousands of colorum Uber transport network vehicle service (TNVS) as well as the riding public. Now we need to fix the problem created by them.”

All in all, Uber paid a hefty P489,244,000. The P299,244,400 were added as financial assistance to its partner drivers for the period of August 16 to August 29 covering 36,367 TNVS peer operators.

 

“Last July, the numbers were already increasing; 32,000 units covered by 30,000 application and no proper recreation. That’s why the processing of transport network vehicle service (TNVS) were suspended,” adds Lizada.

Meanwhile, Transport Group Kilusan sa Pagbabago ng Industriya ng Transportasyon (Kapit) applaud LTFRB for the historical decision. “We join LTFRB in pushing for modernization and greater passenger comfort and convenience not only in the TNCs but in all modes of transport,” said Kapit, in a press statement.

“We agree with LTFRB that no one is above the law, and that everyone should abide with the law, policies and orders of duly constituted authorities. We extend our hand of cooperation to Uber and other TNCs to find ways and share best practices on how to improve our public transport system,” Kapit added.

According to LTFRB, the total amount of the money will be remitted to the national treasury.

Here is the order of submission of proof: