Business

Selling oil at a higher price, removing the price of the bottle, fines

A trader in Gazipur was selling soybean oil at a higher price than the price of a bottle. Upon receiving such information, the mobile court raided the. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . shop and fined it. At this time 500 liters of oil was seized. The incident took place at Joydebpur Bazar in the district on Wednesday afternoon.

The raid was carried out by Executive Magistrate Thander Kamruzzaman at a mobile court of the district administration at Joydebpur Bazar. Shukuram Saha, owner of Messrs. Jhuma Traders, was fined Tk 50,000. The seized 500 liters of bottled soybean oil was later sold to consumers at a fair price. The locals are happy to get oil in the crisis market.

Magistrate Thander Kamruzzaman said the shop was selling bottled oil at Tk 945 per five liters, creating an artificial crisis. Which is much higher than the fixed price. A fine of Rs.

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