Malaysia Competition Commission, Ministry of Domestic Trade and Cost of Living to probe rice cartel claim

6 Oct 2023 • 11:49 AM MYT
Daily Express
Daily Express

Daily Express Online (Malaysia) is Sabah's top-ranked & most viewed English news site. It is also Sabah's leading & most circulated daily English newspaper.

image is not available

Kundasang: The Malaysia Competition Commission (MyCC) and the Enforcement Division of the Ministry of Domestic Trade and Cost of Living (KPDN) have been instructed to contact Umno Youth Chief Dr Muhamad Akmal Saleh regarding the alleged existence of a rice cartel.

Acting Minister Datuk Armizan Mohd Ali said they had been instructed to gather information and any evidence to help further investigate the allegation.

He said the Ministry viewed seriously any complaints that touch on the interests of the people, and that it welcomes cooperation from all parties.

“KPDN’s role and responsibility is in the enforcement of certain elements related to the Consumer Protection Act and the Trade Descriptions Act.

SPONSORED CONTENT Daily Express members: Enjoy 1 for 1 signature cocktails and more at Hyatt Centric Kota Kinabalu Kota Kinabalu: DAILY EXPRESS is partnering with Hyatt Centric Kota Kinabalu to offer an exclusive deal for our members. Read more “However, if there are allegations regarding the rice cartel, the KPDN can carry out an investigation through MyCC, which has the power to investigate cartels under the Competition Act 2010,” he told reporters after closing the Science and Technology for Disaster Risk Reduction and Resilience (STDR3) Week and Community-Based Disaster Risk Management Using ICT Technology at Kem Wawasan, here, Wednesday.

On Monday, Muhamad Akmal reportedly claimed the existence of a rice cartel selling local rice as broken rice at a higher rate.

* Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss.

* Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.