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Manila Bulletin devider Philippines devider National devider Romualdez, Tulfo issue warning to greedy retailers as Xmas approaches

Romualdez, Tulfo issue warning to greedy retailers as Xmas approaches

Published Nov 27, 2023 07:40 am

At A Glance

  • The House of Representatives won't be sparing unscrupulous, greedy retailers who will take advantage of consumers this Christmas season, according to House Speaker Martin Romualdez and Deputy Majority Leader ACT-CIS Party-list Rep. Erwin Tulfo.

20231128_001708.jpgHouse Speaker Martin Romualdez (left), ACT-CIS Party-list Rep. Erwin Tulfo (Speaker’s office, Facebook)

The House of Representatives won't be sparing unscrupulous, greedy retailers who will take advantage of consumers this Christmas season.

Thus, House Speaker Martin Romualdez and Deputy Majority Leader ACT-CIS Party-list Rep. Erwin Tulfo on Monday, Nov. 27 after conducting a market inspection at Farmers Plaza in Quezon City.

The price inspection was carried out less than a month before Christmas. Tulfo said the House, under Romualdez, will continue to carry out such inspections.

"We will continue the all-out war against profiteers preying on hapless consumers," said the party-list solon, who is the House deputy leader for communications.

Romualdez warned against the greed of traders exploiting supply and prices, as he refereced the House’s success in revealing those behind onion price manipulations.

"Remember, the House, through the Committee on Agriculture and Food led by our dedicated and focused Chairman Mark Enverga, successfully unmasked the personalities involved in the hoarding and price manipulation of onions after concluding a four-month investigation," he noted.

He said these public congressional inquiries resulted in the drastic drop in onion prices from P700 to P160 per kilo.

Last September, the House also approved on the third and final reading a bill amending and expanding the Anti-Agricultural Smuggling Act by providing life imprisonment to those who will be found guilty of violating the economic sabotage law.

The new bill classifies the smuggling of rice and other agricultural products as "economic sabotage"

"The House will continue to pass similar legislative measures to help the agricultural sector and support the prosperity agenda of President Ferdinand 'Bongbong' Romualdez Marcos Jr.," vowed Romualdez, who represents Leyte’s 1st district in Congress.

Related Tags

Greed RETAILERS Martin Romualdez Erwin Tulfo ACT-CIS Party-list
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