NOBODY but nobody knew about the evil scheme but the perpetrators. And the resolution by the Sugar Regulatory Administration (SRA) for the importation of 300,000 metric tons (MT) of sugar could have proceeded to deliver the bounty to its intended beneficiaries, who else but the import cartel that has been lording it over the country's sugar trade.

Senate President Miguel Zubiri claimed in a statement that the "kickbacks" from sugar importation could reach up to P600 billion. What huge dividends to collect already from an administration that cannot as yet make good on its goal of delivering commodities affordable to the Filipino masses. President Ferdinand Marcos Jr.'s oft-repeated top priority is to lower the price of rice to P20 per kilogram. The better, then, for the import cartel to strike where the President could not be looking at the moment. If it cannot make gold with rice for the time being, then do it with sugar. Never mind that the country's supply of sugar is enough. Precisely why there is such a thing as hoarding. They create artificial shortage of the commodity, thereby raising its price in the market. Witness this current phenomenon. The price of sugar has gone up above P100 per kilogram and counting, and yet a raid recently conducted in San Fernando, Pampanga, netted tons upon tons of hoarded sugar.

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