CAA takes 65 errant rice traders to Court in Sri Lanka

  • 23 Apr 2008 10:17:42 GMT

    They have a good defence that the govt imposed price control regulation was unreasonable and that within days the price control regulation was withdrawn by the govt. itself! Now there is no price control.

    When action was filed it was an offence when it comes before court it is no longer an offence!

    In all likelyhood these traders will be warned and discharged.

  • 23 Apr 2008 12:59:57 GMT

    What about the relatives of Government ministers who are hoarding rice?

  • 24 Apr 2008 22:39:04 GMT

    Christmas has come early for prize control officers.

  • 24 Apr 2008 23:54:44 GMT

    Over the past few days i saw a few of MOTTA RALA supporters using this news that two US stores - Wal-Mart and Cost co have limited the purchase of rice. They TRIED very hard to SPIN this story to cover up the MASSIVE economic blunders of MR.

    Since there is a RICE shortage in SL, MRs cronies are trying to feed everyone else PUNNAKKU just like they swollow.

    This far from the truth....

    [Don`t get steamed over stores` rice limits

    Industry insiders say there`s plenty of supply in the U.S. and consumers shouldn`t worry about a shortage.]

    http://money.cnn.com/2008/04/24/news/companies/rice_issues/index.htm?postversion=2008042418

    [Sam`s Club said Wednesday it was following the lead of other retailers in limiting customers to four 20-pound bags of `IMPORTED JASMINE, basmati and long grain white rice.` The store said there were no restrictions on smaller-size packages, on sales at Wal-Mart stores, or in New Mexico and Idaho.

    Costco could not be reached for comment.

    Martin and other experts said basmati and other varieties whose sale is restricted represented `specialty` rice, and not the mass-market rice that`s primarily consumed in the United States.

    `The mass-market variety is the long, medium and short-grain brands like Uncle Ben`s that`s produced here in the U.S.,` Martin said, adding that there`s no expected shortage in those varieties.

    David Coia, spokesman for the U.S.A. Rice Federation, a trade group that represents the domestic rice industry, offered a similar assessment.

    `There is no supply crunch for rice in the United States,` Coia said. According to Coia, domestically produced rice makes up 88% of the U.S. market. And that`s only half the crop - the other half is exported. ]