Philippines loses P65-B a year due to smuggling - study

Amid the issue of the illegal importation of rice and other products, a US-based NGO now says the Philippines loses $1.46 billion or more than P65 billion a year due to smuggling. Lynda Jumilla reports on this ground-breaking study on money illegally flowing in and out of the Philippines. Mornings@ANC, February 4, 2014