CAA raid shop hoarding rice
Over 12,000 kgs rice seized:
Chaminda PERERA
|
 Raids
in
*
Moneragala
* Matale
* Polonnaruwa
* Colombo
* Kalutara
Minister
Fernando |
The Consumer Affairs Authority (CAA) yesterday raided a shop at 4th
Cross Street, Pettah where 12,000 Kilograms of rice was hoarded by
traders.
The Authority carried out this raid for the second consecutive day to
recover rice stocks hidden by traders to create an artificial rice
shortage.
According to Cooperatives and Internal Trade Minister Johnston
Fernando, the CAA has been directed to take stern action against traders
who hoard stocks and create an artificial rice shortage in the local
market.
He reiterated that the country has ample stocks of rice in stores and
will leave no room for unscrupulous traders to manipulate rice prices on
their own accord in the local market.
The Authority on Thursday nabbed a trader at Moor Street, Pettah
where more than 250 bags of rice was hoarded. Authority officials
carried out over 100 raids on the same day.
Minister Fernando said the highest number of raids were carried out
in the Moneragala, Matale, Polonnaruwa, Colombo and Kalutara districts.
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