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Malaysia: Ministry Clamping Down on Subsidy Abuse

Malaysia's Domestic Trade, Cooperatives and Consumerism Ministry (MDTCC) has launched a special operation to curb abuse of subsidised diesel nationwide, according to Minister Datuk Seri Hasan Malek.

Speaking to local media, Malek said that the operation, 'Ops Titik', focused on companies and hotspot areas as well as individuals. “The ministry has taken various measures to curb abuse of subsidised diesel, with the latest move, the cancelling of licences for bunkering and wholesale of petrol and diesel at private jetties," he revealed. “Not only that, we are improving existing provisions in the law, like the Control of Supplies Act, which is being amended to provide for a stuffer penalty on errant traders.”

Since the operation launched in May, he said, it had recorded 151 cases involving seizures worth RM8.057m. Johor recorded the highest number of cases with six incidents and seizures worth RM2.166m, followed by Putrajaya with six cases and seizures worth RM1.592m.

PetrolWorld 16062014

 

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