The Consumer Affairs Authority has filed action against 65 traders, both wholesale and retail, for hoarding and selling rice above the controlled price, CAA Chairman Rumy Marzook said yesterday.
The errant traders were nabbed in all parts of the country in raids conducted during the past three days.
Eighty price control inspectors were involved in the raids with the assistance of area police, Marzook said.
The Consumers Affairs Authority had received complaints against rice mill owners who are said to be hoarding large stocks thus creating an artificial shortage of rice, he said.
He also requested wholesale dealers to refrain from closing shops and to notify the Consumers Affairs Authority of any need to close shop
On successful completion of prosecution against the accused charged for hoarding and selling above the controlled price, the Courts are empowered to impose a maximum fine of Rs. 100,000 or six months in jail or both. In the event of a repeat offence the fine and jail would be doubled, sources said.