CAA raids rice hoarders | Sunday Observer

CAA raids rice hoarders

3 September, 2023

A series of raids was carried out by the Consumer Affairs Authority (CAA) in Pettah, Colombo yesterday, in attempts to identify those vendors selling Keeri Samba at prices above the existing controlled price.

Accordingly, the CAA is due to take legal action against several vendors who were found not only selling Keeri Samba for prices above the controlled price, but also illegally hoarding rice stocks.

As per an Extraordinary Gazette issued on May 2, 2023, the Maximum Retail Price (MRP) for Keeri Samba was set at Rs. 260 per kilogram.

Despite the stipulated price, several vendors across the island were found selling the product at higher prices, and hoarding stocks of Keeri Samba. CAA officials said such raids will continue and legal action will be taken against all vendors involved in such rackets.