BOC finds some 44,000 sacks of imported sugar in Pampanga, Bulacan warehouses suspected of hoarding

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Authorities suspect P22-M worth of sugar supplies were being hoarded to manipulate sugar prices   (Eagle News) – The Bureau of Customs found and seized some 44,000 sacks of imported sugar worth some P22 million in separate “raids” in warehouses in Pampanga and Bulacan on Thursday, August 18, 2022, suspected of being hoarded by traders to create a supply shortage. “The raids were in accordance with the marching orders of President Ferdinand “Bongbong” Marcos Jr. […]