Connect with us

Hi, what are you looking for?

News

Customs execs relieved amid sugar probe

A TRUCK transports sacks of allegedly smuggled sugar brought in through the Port of Subic.
— OFFICE OF THE PRESS SECRETARY

SEVERAL Customs officials have been relieved amid the ongoing investigation on the alleged smuggling of sugar through Subic port in the country’s north, according to the Philippine government.

Bureau of Customs (BoC) Commissioner Yogi Filemon L. Ruiz relieved six officials of the Port of Subic and “temporarily transferred” them to his office pending the results of an investigation, Press Secretary Trixie Cruz-Angeles said in a statement, citing a formal order.

Their cases were related to an attempt at the Port of Subic, one of the busiest ports in the Philippines located within the Subic Bay Freeport Zone, to smuggle some 140,000 bags or 7,021 metric tons of sugar from Thailand, Ms. Cruz-Angeles said.

“Initial probe conducted by the BoC-Customs Intelligence and Investigation Service (CIIS) indicated that the imported sugar used ‘recycled permit’, meaning an import permit which was already used in an old sugar allocation,” she said.

Malacañang had said heads may roll at the BoC if proven that any of the bureau’s port personnel were working with sugar smugglers using recycled import permits. 

The BoC-CIIS reported that the cargo is covered by a special permit from BoC and with a verified clearance from the Sugar Regulatory Administration (SRA).

Top SRA officials recently resigned after they approved a plan to import 300,000 metric tons of sugar, which the Presidential Palace considers “illegal” or “unauthorized”.

The government has intensified its crackdown on market players allegedly hoarding sugar, making surprise inspections in warehouses since last week.

The inspections, which are aimed at arresting potential hoarding and smuggling, would help determine the state of sugar supply in the Philippines, Ms. Cruz-Angeles said at a news briefing. “We would be able to see whether our computation for importation is correct.”

The campaign against alleged irregularities in the sugar industry has reached Mindanao in the country’s south, with authorities discovering 466,142 sacks of sugar in three warehouses owned by a private firm in Cagayan De Oro City. 

Ms. Cruz-Angeles said earlier that customs agents and other authorities are expected to visit more warehouses suspected of storing hoarded sugar as part of “the campaign of the Marcos government to bring down the price of sugar.”

Meanwhile, Senate President Juan Miguel F. Zubiri on Wednesday said the chamber will seek to place safeguards after the SRA removed the performance bond requirement in the latest import plan, which eventually led to the approval of the controversial Sugar Order 4 without the knowledge of the President.

“We will pursue that angle because we want to get rid of this practice,” the senate chief told a media conference.

The Senate Blue Ribbon Committee has an ongoing inquiry on the sugar importation controversy. — Kyle Aristophere T. Atienza and Alyssa Nicole O. Tan

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

PHILIPPINE STAR/ MICHAEL VARCAS WASHINGTON D.C. — The United States is seeking to form a coalition of countries to drive negotiations on a global...

News

Buildings are seen along EDSA in Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Diego Gabriel C. Robles  THE WORLD BANK (WB) upgraded...

News

Heavy traffic is seen on the southbound lane of EDSA in Cubao, Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN THE PHILIPPINE auto industry’s...

News

REUTERS THE BANGKO SENTRAL ng Pilipinas (BSP) may deliver a second off-cycle rate hike in early November when the US Federal Reserve is expected...

News

Vendors arrange their goods at a public market in Manila. — PHILIPPINE STAR/ RUSSEL A. PALMA THE ASIAN Development Bank (ADB) is planning to...

Editor’s Pick

With the reversal of the 1.25% rise in National Insurance Contributions happening on the 6th of November, employers across the nation have an opportunity...

You May Also Like

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.