CS orders strict checks on profiteering

He also issued instructions regarding the sale of confiscated stocks at market price

APP February 08, 2020
PHOTO: FILE

LAHORE: Punjab Chief Secretary Azam Suleman Khan chaired a high-level meeting on Friday to review the performance of officers regarding price control, check on hoarding and profiteering and monitoring of stocks of flour, ghee and sugar mills.

Asking commissioners and DCs about stocks at sugar mills in their areas, the CS directed the officers to strictly monitor transportation and supply of the commodity to prevent its hoarding.

He also issued instructions regarding the sale of confiscated stocks at market price. The meeting reviewed the performance of price control magistrates and district market committees.

Industries secretary briefed the meeting that during the month of January, price control magistrates carried out 218,375 inspections and imposed a fine of Rs50.8 million for overcharging.

As many as 788 cases were registered and 744 profiteers were arrested during this period, he added.

Published in The Express Tribune, February 8th, 2020.

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