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This is consumer protection, we will include in the agenda of the trade and commerce committee to look into the profiteering we will invite DTI Secretary Ramon Lopez to assure us that there is no profiteering,' he said.
The bill also imposes penalties for profiteering when a person raises the price of any basic necessity or prime commodity he sells or offers for sale to the general public by more than 10 percent of its price in the immediately preceding month.
Sulieman was referred earlier to the criminal court with four of his assistants and businessman Magdy Rasekh for illegal profiteering and squandering public funds over assigning land in Sheikh Zayed City worth of LE 907 million.
The AAC Javed Anwar Kamal conducted raids on Charsadda Road and arrested 22 persons for profiteering and encroachments while AAC Salahuddin Khan arrested 13 profiteers from Warsak Road.
Similarly, AAC Imran Khan inspected different shops including poultry shops in Board Bazaar, University Town and Tehkal areas and arrested 18 persons for profiteering and not displaying price list.
On the directives the officials of the district administration carried out checking of shops on University Road, Hayatabad and Charsadda Road and arrested 44 shopkeepers for profiteering.
nabbed 36 for profiteering and poor cleanliness conditions while AAC Imran Khan arrested 17 profiteers from Sarband, Old Bara Road, University Road and Danishabad.
PESHAWAR -- The district administration in its drive against profiteering arrested 27 shopkeepers including the manager of a bakery from Charsadda road here on Tuesday.
PESHAWAR -- District administration arrested 38 persons in a crackdown against profiteering and poor cleanliness conditions in Daudzai and Gulbahar areas of the city on Monday.
PESHAWAR -- District administration arrested 27 persons including a manager of a bakery for profiteering and poor cleanliness conditions during crackdown against profiteers in the city.
FAISALABAD -- Special Price Control Magistrates have fined 145 shopkeepers on profiteering and overcharging during last 24 hours.
FAISALABAD -- Strict legal action will be initiated against profiteers and hoarders and they will be sent behind bars if they do not mend their way of profiteering, overcharging and black marketing.