Sunday, May 26News That Matters

Tag: Agribusiness and Marketing Assistance Service

Legal Action Taken Against Onion Price Manipulation in the Philippines

Legal Action Taken Against Onion Price Manipulation in the Philippines

News & Opinion
In a significant development, Justice Secretary Jesus Crispin Remulla announced on Wednesday that charges had been filed against six individuals, including three Department of Agriculture (DA) officials, for their alleged involvement in manipulating onion prices in the Philippines. This move is a crucial step towards addressing the issues of hoarding, falsification, and profiteering that have impacted the country’s onion market. The National Bureau of Investigation (NBI) spearheaded the efforts to bring these individuals to justice. Charges have been filed against the Bonena Multipurpose Cooperative (Bonena) officials, namely Israel Reguyal, Mary Ann Dela Rosa, and Victor de la Rosa Jimenez. These charges revolve around allegations of hoarding, falsification of documents, and profiteeri...