LTFRB to Uber: Pay P190-M fine or continue suspension

The Land Transportation Franchising and Regulatory Board has granted Uber's prayer that for the lifting of its 30-day suspension on the operation of thousands of transport network service vehicles or ride-sharing cars.

Uber, however, has to pay a P190-million fine for the suspension to be lifted, a series of tweets by GMA News' Saleema Refran showed.

JUST IN: LTFRB rules to lift UBER suspension. Uber must pay fine of P190M before lifting of suspension. Fine to go to national treasury.

— Saleema Refran (@saleema_refran) August 25, 2017

READ: LTFRB lifts UBER suspension pic.twitter.com/I2ANm7AqWU

— Saleema Refran (@saleema_refran) August 25, 2017

READ: LTFRB lifs Uber suspension pt2 pic.twitter.com/5ky0a1vpst

— Saleema Refran (@saleema_refran) August 25, 2017

The LTFRB in mid-August suspended Uber's accreditation as a transport network company.

The agency had threatened to cancel the accreditation of Uber, after the TNC supposedly defied an order halting the activation of new drivers.

"Upon the conduct of investigation by the board... it was found that respondent willfully and contumaciously violates the said directive contained in the order dated 26 July 2017, specifically, by continuing to accept additional accreditation of TNVS and/or activation of accounts," the board said in a show cause order dated August 1.

Uber earlier however maintains it stopped processing applications starting July 19, but the LTFRB was not buying the story.

"(T)heir accredited peer-operators would not have suffered their current predicament were it not for the predatory actions of respondent Uber," the LTFRB said. —NB, GMA News