[ SRA CIRCULAR LETTER NO. 16, February 01, 1996 ]
WARNING ON THE USE OF FAKE QUEDANS IN SUGAR WITHDRAWAL
It has come to the attention of this office that attempts were made to use fake Sugar Quedan-Permits to withdraw sugar from the sugar mills.
The fake Sugar Quedan-Permits appears to be new, bearing the same serial number, duly stamped, validated and signed as genuine quedan.
In view thereof, all sugar mills, traders/exporters, financial institutions and the public in general, who are engaged in the trading of sugar using Sugar Quedan-Permits as negotiable documents, are hereby advised to take precautionary measures and to report immediately to SRA, Quezon City occurrence of fake quedans.
Please be guided accordingly.
Adopted: 1 Feb. 1996
(SGD.) ROLLEO L. IGNACIO
Undersecretary, DA and Acting Administrator
The fake Sugar Quedan-Permits appears to be new, bearing the same serial number, duly stamped, validated and signed as genuine quedan.
In view thereof, all sugar mills, traders/exporters, financial institutions and the public in general, who are engaged in the trading of sugar using Sugar Quedan-Permits as negotiable documents, are hereby advised to take precautionary measures and to report immediately to SRA, Quezon City occurrence of fake quedans.
Please be guided accordingly.
Adopted: 1 Feb. 1996
Undersecretary, DA and Acting Administrator