KOTA KINABALU: Ministry of Domestic Trade, Cooperative and Consumerism (KPDNKK) warns that stricter action will be taken against traders who disregard the regulations under the Price Control and Anti-Profiteering Act 2011.
Sabah KPDNKK Director, Severinus Tukah, stressed that they will not compromise with any business owners who do not adhere to the laws regulated by the government.
“Stern action will be taken by KPDNKK, including to bring the case to the court to charge (the traders),” he said in a press conference after launching the 2015 Festive Season Price Control Scheme at Giant Hypermarket, Kolombong.
He said the move is to protect consumers from unethical traders who raise their prices for controlled goods above the maximum limit to rake more profits.
“Enforcement officers and KPDNKK monitoring personnel will be stationed in several locations where the public do their shopping,” he added.
He also calls for the public to lodge a report to KPDNKK on any business owners who disregard the law.
However, he said complainants must provide complete information in their official complaints including their name, address, and contact number to enable the ministry to reach them if needed.
Individual traders who committed the offence can be punished with a fine up to RM100,000 or jail time for three years or both by the court, while companies will be issued a compound not exceeding RM250,000 or fined up to RM500,000.
Individuals or companies that failed to put pink price tags for controlled goods are punishable with a compound up to RM5,000 and RM10,000 or a fine up to RM10,000 and RM20,000 by the court. – SayangSabah