House Speaker Martin Romualdez on Tuesday asked profit-hungry traders manipulating or hoarding the supply and prices of agricultural products such as onion to “moderate their greed” or suffer the dire consequences.
“We’ll be working closely with the Executive, with the Department of Agriculture [DA], to make sure these hoarders and all these foolish activities of traders are stopped,” Romualdez said in an interview.
Romualdez said he has already directed House Committee on Agriculture and Food Chairman and Quezon Rep. Mark Enverga to get to the bottom of the situation. “It only points out to one thing, there is hoarding, there is price manipulation. So we are warning those who are behind these nefarious activities—that your days are numbered, the House will be going after you,” Romualdez said.
“If you know who these people are, let us know. We will invite all of them, if not, have the authorities arrest them,” he said.
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