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BOC discovers 466K sacks of raw sugar in 3 CDO warehouses

(Photo courtesy of BOC) MANILA - Bureau of Customs (BOC) agents in Northern Mindanao found around 466,142 sacks of raw sugar during surprise visits to several warehouses in Cagayan de Oro City on Tuesday. Acting on orders from the Office of the President (OP), operatives from the Bureau, armed with a Letter of Authority (Reference No. 08-22-165-2022) and a Mission Order (No. 08-22-2022-536), conducted the examination in three warehouses of Crystal Sugar Milling located at North Poblacion in Cagayan de Oro City where they discovered the thousands of sacks of raw sugar. In a statement Wednesday, the bureau said the operation was initiated based on intelligence reports that the owners are allegedly engaged in the hoarding of stocks of sugar. Initial investigation by the Customs Intelligence and Investigation Service (CIIS) indicated that of the total inventoried sugar, some 264,000 sacks were said to have been already sold to traders but the stocks have not yet been withdrawn from the war ....

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