Poe says Uber fines may reach P100M

Image capture from Sen. Grace Poe's Facebook video
  • Senator said Uber offered to pay P10M fine to LTFRB, support for drivers
  • She said total amount may exceed P100M
  • She also said punishment to remind Uber not to be too greedy, violate the law

MANILA, Philippines – Sen. Grace Poe said popular ride-sharing company Uber has offered to pay upfront a P10-million fine to the Land Transportation Franchising and Regulatory Board (LTFRB) in lieu of the one-month suspension, as well as support for its drivers.

According to the senator, this means Uber might have to shell out a total of P100 million.

“You try to multiple that. They (Uber) said they have about 66,000 drivers, then they will have to do the algorithm and formula for this based on how active you are. Something like P100 per day for lost wages but other drivers can receive as much as P1,200 a day depending on how active they are so that will equate, when we were computing how much they will actually write in the pleading, to more than a P100 million,” the Philippine Daily Inquirer quoted her as saying.

“That’s more than how many percent of what they’re earning in a year that’s about maybe 5 percent or more of what they earn in a year so it’s more than a slap on the wrist but since this is very new, it should also send a signal to others,” she added.

As the chairman of the Senate Committee on Public Services, Poe reminded Uber not to violate the country’s laws just because they want to make a profit.

“They’re a business. We have to remind them, don’t get too greedy. The fact that they accepted applications after they were already told to stop accepting, shows that they did not come to this in good faith,” she said. “Uber did commit a violation and they need to be taught a lesson they will not soon forget.”

The LTFRB will decide on the offer next week.