President Ferdinand Marcos Jr. said that the sky-high prices of agricultural products in the first quarter of 2023 were due to no other reason other than smuggling and hoarding by syndicates. | JMangaluzINQ
As chief of the Department of Agriculture , Marcos vowed that he would stomp out these syndicates.
“Yung mga simpleng problem na sinusundan natin, yung rice smuggling, sugar smuggling, onion smuggling. Gagawin natin lahat para matigil yan, yung hoarding,” Marcos Jr. said. However, the DA itself has faced accusations of state-sponsored hoarding after Senator Risa Hontiveros found anomalous shipping imports by Senior Agriculture Undersecretary Domingo Panganiban back in February.
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