LABUAN: The Ministry of Domestic Trade and Cost of Living (KPDN) Labuan has taken action against a wholesaler for failing to maintain proper stock records of controlled goods such as cooking oil and sugar.
During an enforcement operation under Ops Pantau Bekalan, inspections revealed incomplete transaction details, including missing dates, quantities, prices and supplier or buyer information.
Labuan KPDN Director Junaidah Arbain said the offence violates the Control of Supplies Regulations 1974 under the Control of Supplies Act 1961.
Licensed traders must maintain and regularly update stock books, and failure to do so can result in fines of up to RM1 million, imprisonment of up to three years, or both.
Companies may face fines up to RM2 million, rising to RM5 million for repeat offences.
Junaidah added that KPDN will continue strict monitoring and enforcement against violators.