Four or five companies involved in rice cartel, says task force chief

KEPALA BATAS: There is a local rice cartel in existence involving four or five companies which controls the buying and selling of rice, leading to shortages and increase in prices.

National Action Council on Cost of Living (Naccol) task force (food cluster) chairman Datuk Syed Abu Hussin Hafiz Syed Abdul Fasal said the information was obtained from engagement sessions with rice farmers, millers, wholesalers, retailers and consumers.