LEGAL ACTION AGAINST 910 CEMENT TRADERS FOLLOWING CAA RAIDS

The Consumer Affairs Authority (CAA) revealed that legal action will be taken against 910 cement traders found to have committed various offenses following the recent raids conducted by the CAA.

Some of the offences included selling cement at a higher price than the stipulated maximum retail price, hiding stocks and selling cement under conditions.

The CAA stated that the maximum retail price for a 50kg bag of cement is currently Rs.750 while further raids will be conducted to apprehend traders who are selling cement at higher prices and are engaging in illegal stockpiling.

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