Ministry issues 209 notices against profiteering

PETALING JAYA: A total of 209 notices under Section 21 of the Price Control and Anti-Profiteering Act have been issued by the Domestic Trade and Cost of Living Ministry since the country began selling unsubsidised diesel on June 10.

These notices, which were issued between June 10 and June 19, were sent out to sellers to obtain details about the prices of their goods or services.

“All those who have been issued the notices must give feedback within the stipulated time,” said minister Datuk Armizan Mohd Ali in a social media post.

The ministry’s director-general of enforcement Datuk Azman Adam said the notices were issued under Ops Kesan 2.0 to study the impact of the implementation of targeted diesel subsidy.

This, he said, was to ensure there was no attempt at profiteering.

“Anyone taking advantage of this through price and service charge manipulation will be subject to strict action under the Act,” he said.

Corporations or companies may be fined up to RM500,000, while individuals may be fined up to RM100,000, jailed not exceeding three years, or both, he said in a statement.

The public can direct complaints related to goods and consumerism to the ministry via WhatsApp at 019-848 8000 or 019-279 4317; email; its call centre 1800 88 6800; or the EZ ADU KPDN smartphone app.

Beginning on June 10, the government in Peninsular Malaysia is pricing diesel at RM3.35 per litre as part of a fuel subsidy reform.

Armizan had previously revealed that blanket subsidies for diesel were causing losses of RM4.5mil per day as the subsidised fuel was smuggled out of the country.

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