House to probe 13 firms allegedly running rice cartels in Metro Manila | Inquirer News

House to probe 13 firms allegedly running rice cartels in Metro Manila

/ 04:46 PM February 20, 2018

The House Committee on Agriculture and Food will invite to its next hearing representatives of 13 traders believed to be operating the biggest rice cartels in Metro Manila.

At the House inquiry on the rice shortage issue on Tuesday, Manila Rep. Manuel Luis Lopez revealed the names of 13 companies allegedly controlling prices of rice in the capital region.

Lopez also claimed that the firms were hoarding rice from the National Food Authority to mix it with other rice types so they could resell it as commercial rice.

Article continues after this advertisement

The committee, chaired by Rep. Jose Panganiban Jr. of ANAC-IP partylist group, has carried the motion to invite representatives of the companies to the next hearing.

FEATURED STORIES

The companies, whose warehouses are mostly based in Tondo, are:

  • Evergreen Trader
  • Rising Sun
  • GRC
  • CGG
  • Expo
  • ARNS
  • Working Gold
  • Leoneco
  • PMT
  • Hype Rice
  • LM Rice Cereal
  • MML Grain Center
  • Grandio

“Labingtatlong warehouses – ang tatayog. Mas maganda pa sa warehouse niyo. Day in day out they have a supply of rice,” Lopez said.

Article continues after this advertisement

[Thirteen warehouses – all so high. Better looking that your warehouse.]

Article continues after this advertisement

“Sila po ang nagko-control ng presyo sa Metro Manila,” he said.

Article continues after this advertisement

[They’re the ones controlling the prices in Metro Manila.]

Lopez then challenged Department of Agriculture (DA) Secretary Manny Piñol and National Food Authority (NFA) Administrator Jason Aquino to inspect the warehouses of the said traders.

Article continues after this advertisement

“Buksan niyo. Inspeksyunin niyo. Binibili nila ‘yung NFA rice hinahalo para sa commercial rice,”  he said.

[Open them. Inspect them. They buy NFA rice to mix with commercial rice.]

“Alam n’yo ‘yan. Hindi naman tayo kailangan magbulag-bulagan,” he said.

[You know that. We don’t have to keep pretending to be blind.]

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Aquino said in the hearing that the NFA’s rice buffer stock might only last until May. He said the supply might come in June. /atm

TAGS: NFA rice, rice cartels, Rice Supply

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.