The supermarket is charged with raising the price of its lady’s fingers by more than 50 per cent four months ago. — Reuters picSHAH ALAM, April 30 — A well-known supermarket will be the first premises to be charged under the Price Control and Anti-Profiteering Act 2011 for raising the price of lady’s fingers by more than 50 per cent four months ago.
Domestic Trade, Cooperatives and Consumerism Ministry (KPDNKK) deputy director-general (Enforcement) Datuk Iskandar Halim Sulaiman said the supermarket located in Bangi would be charged under Section 14(1) of the act.
He said the KPDNKK received complaints from the public on the increased price of the lady’s finger and it was revealed the supermarket had increased the price of the vegetable in January this year.
The charge was made following a further inspection that revealed the price of the lady’s fingers had been increased from RM12 per kilogram (the fixed market price) to RM18.60 per kilogram, Iskandar said.
“The owner of the supermarket will be charged on Tuesday next week for profiteering of RM6.60, higher than the margin set,” he told Bernama when contacted, here today.
If convicted, the owner of the supermarket could be fined under Section 18 (a) of the same act which carried a fine of not exceeding RM500,000 for the first offence and not more than RM1 million for the second offence, Iskandar said. — Bernama
