Probe of dummy rice firms sought | Global News

Probe of dummy rice firms sought

/ 04:45 AM November 08, 2012

The Senate committee on agriculture has asked the National Bureau of Investigation (NBI) to look into the proliferation of dummy firms that reportedly conduct business with the National Food Authority to corner rice importation permits.

The committee called on the NBI after  20 representatives of rice trading firms  snubbed subpoenas the agriculture panel issued in connection with its inquiry into alleged rice smuggling in the country.

The committee wants the rice traders to explain their respective corporations’ financial backing, adding there were indications some firms were serving as dummies for moneyed individuals.

Only one of 26 rice traders showed up in Wednesday’s hearing on rice smuggling.  Sen. Francis Pangilinan, chairman of the committee on agriculture, threatened to have the absentee traders arrested.  Norman Bordadora

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Agriculture, Government, NBI, NFA, rice Imports, Rice Smuggling, Senate

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.