Manila, Feb. 11 -- The controversial Rolls-Royce Cullinan (2023) seized from the Discaya couple has been sold for PHP29 million to a lone bidder, Igorot Stone Kingdom Inc., during the public auction of 10 luxury vehicles on Wednesday at the Bureau of Customs in Port Area.

Igorot Stone Kingdom Inc. founder and Chief Executive Officer Pio Velasco said their company decided to purchase the car to preserve a piece of Philippine history.

"First and foremost is to preserve a piece of Philippine history. It is also a form of investment and number three, to show the world that we, Igorots are also aware of the Philippine history, we also care and it is one way of helping the government," he said in an interview after paying the bid price of PHP...