SRA CIRCULAR LETTER NO. 16, February 01, 1996
WARNING ON THE USE OF FAKE QUEDANS IN SUGAR WITHDRAWAL
National Administrative Register February 1, 1996
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