Only 83 recorded instances of price manipulation since targeted diesel subsidies, says Armizan


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SEPANG: Only 83 public complaints were recorded involving price manipulation for goods and services following the implementation of targeted diesel subsidies since June, says Datuk Armizan Mohd Ali.

The Domestic Trade and Cost of Living Minister said these figures demonstrated a good level of compliance among the majority of traders.

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“In the first two months of the initial phase of implementing targeted diesel subsidies, the number of cases involving profiteering was small and under control,” he said in a press conference after officiating the opening of Five Petroleum Malaysia, a local energy solutions provider's flagship fuel station, Five KLIA Pit Stop at Downtown Kuala Lumpur International Airport (KLIA).

Armizan said Ops Kesan 2.0 to curb profiteering and price manipulation which started on June 8, two days before the targeted diesel subsidy is enforced had conducted checks at 24,666 premises across the country.

He added that 244 written notices were issued by the enforcement division of the ministry under the Price Control and Anti-Profiteering Act 2011.

“Of these, 10 investigation papers have been opened and referred to the Deputy Public Prosecutor for the next course of action,” he added.

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