1,380 shopkeepers fined, 30 arrested for profiteering

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Islamabad Capital Administration (ICT) has imposed fine on 1,380 shopkeepers amounting to Rs8,95,300 and arrested 30 persons over profiteering in the federal capital during 1 June 2013 to 31 May.

Talking to APP, official sources in ICT administration said assistant commissioners (ACs) and magistrates were empowered to raid under the Price Control and Prevention of Profiteering and Hoarding Act, 1977 to check prices.

They said ACs and magistrates were deputed to ensure implementation of the prices fixed by the market committee and deputy commissioner, Islamabad. They were also authorized to take food inspector, health inspector and livestock officials along for technical assistance during raids.

“They visit adjacent areas regularly and submit daily and reports,” they added.