WhatsApp Logo Subscribe
For News Alert

News

Profiteers Punishment Package approved

Hoarders to be ‘quarantined’ in jail for three years

April 18, 2020 02:10 AM


Twitter Share Facebook Share WhatsApp Share

President Arif Alvi has signed into law an amended ordinance to lasso profiteers and hoarders.

The amended law ‘empowers’ price control officials to bring to book the profiteers quickly. It promises reward for informer and keeping secrecy.

The move came after Prime Minister Imran Khan issued back-to-back warnings to money-making mafia.

It reads: “Any dealer found hoarding any of the 32 consumer items mentioned in the ordinance shall be guilty of an offence punishable with simple imprisonment up to three years and fine equivalent to 50 per cent of the value of the scheduled articles involved in the case.”

The government will punish shopkeepers and vendors found involved in overcharging over tea, milk, sugar, milk, food for infants, eggs, bottled water, fruit, juices, vegetables, insecticides, poultry medicines, sanitiser, pulses, kerosene, wheat, matchboxes, masks etc.

 

https://www.youtube.com/watch?v=pOavNaBX4NU


Most Read

  1. Mariyam Nafees defends girls involved in Lahore Tuck Shop Incident Mariyam Nafees defends girls involved in Lahore Tuck Shop Incident
  2. 500 shops gutted as fire sweeps through Sunday Bazaar in Islamabad 500 shops gutted as fire sweeps through Sunday Bazaar in Islamabad
  3. Saudi plane catches fire while landing at Peshawar Airport Saudi plane catches fire while landing at Peshawar Airport
  4. PTM leader, poet Gilaman Wazir succumbs to injuries in Islamabad PTM leader, poet Gilaman Wazir succumbs to injuries in Islamabad
  5. 'Baby Rathee Coming':  Dhruv Rathee announces wife's pregnancy 'Baby Rathee Coming':  Dhruv Rathee announces wife's pregnancy
  6. Shocking! Savera Nadeem’s extreme weight loss stuns fans Shocking! Savera Nadeem’s extreme weight loss stuns fans