Domestic Trade Ministry to stay on alert for potential misuse following fuel subsidy rationalisation


ALOR SETAR: Proactive monitoring will be carried out at all petrol stations to prevent any misuse in the purchase of subsidised RON95 petrol by consumers once the petrol subsidy rationalisation exercise is implemented, says Dr Fuziah Salleh.

The Deputy Domestic Trade and Cost of Living (KPDN) Minister said her ministry has anticipated various possibilities that would require enforcement officers to be more vigilant during inspections.

“KPDN has already considered possibilities such as a single MyKad being used repeatedly (to purchase subsidised petrol).

“These are among the issues we are aware of and are looking into ways to address,” she said after taking part in an Op Kesan 4.0 inspection at a supermarket here on Friday (July 25).

Fuziah said the use of MyKad allows the government to track any unusual purchases or instances of RON95 petrol being pumped beyond the allowable limit for a single vehicle.

She added that purchase records could help authorities detect unusual fuel transactions, enabling action to be taken, and stressed that KPDN would remain vigilant in identifying any instances of leakage or misuse.

On Op Kesan 4.0, which was launched following the expansion of the Sales and Service Tax (SST) on July 1, Fuziah said 950 premises were inspected, involving 3,965 stock-keeping units (SKUs) nationwide.

Of that number, 950 price information notices were issued under Section 21 of the Price Control and Anti-Profiteering Act 2011 (Act 723) and 23 complaints were received for further investigation.

Op Kesan 4.0 aims to prevent traders from taking advantage by raising prices unreasonably or engaging in profiteering under the pretext of the SST adjustments. – Bernama

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