Traders issued sweet warning, hike in sugar prices punishable by law, says Domestic Trade ministry

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BATU PAHAT 02 NOVEMBER 2016.( METRO JB173H )  Bukti pembelian risit gula yang mencecah harga antara RM2.90 hingga RM3.00. STR/ERNALISA OTHMAN
BATU PAHAT 02 NOVEMBER 2016.( METRO JB173H )
Bukti pembelian risit gula yang mencecah harga antara RM2.90 hingga RM3.00. STR/ERNALISA OTHMAN

PUTRAJAYA: Traders have been warned not to raise the price of sugar or face stern action.

Domestic Trade, Co-operatives and Consumerism enforcement division director Roslan Mahayudin said traders who sell sugar above the ceiling price of RM2.84 per kg will face action under Price Control and Anti-Profiteering Act 2011.

Under the act, individuals who is found guilty will be slapped with a fine not exceeding RM100,000 or imprisonment of not more than three years or both, while companies face a RM500,000 fine.

“Sugar is listed under the controlled items and raising the price of sugar is against the law,” Roslan said in a statement, today.

Members of the public are advised to lodge a complaint to the ministry through 1800 886 800 should they find traders selling sugar above the price set by the government.

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