After being off the road for half a month, Uber can now serve passengers after the Land Transportation Franchising and Regulatory Board (LTFRB) lifted the suspension order on the ride-hailing company on Tuesday.
“In view of the submission of room submitted by Uber Systems Inc. (USI), the one-month suspension on the accreditation of USI is hereby lifted and set aside,” LTFRB board member Aileen Lizada announced in a press briefing.
Uber was initially suspended from August 15 to September, a total of 30 days, but opted to pay the P190-million fine to resume its operations.
LTFRB assured that fines paid by violators will not line the pockets of officials.
“Any fine that’s given to us doesn’t go to our pockets, it goes to the National Treasury,” Lizada added.
Aside from the P190-million fine, Uber also shelled out P299.24 million as financial aid to drivers for the 15 days they weren’t on the streets.
The 15-day suspension cost Uber approximately half a billion pesos.
Link: https://twitter.com/Uber_PH/status/902464007344275458
Credit: @Uber_PH, Twitter
Photo credit: uber.com
