Up to RM500,000 penalty for selling face mask above RM1 price cap, says Minister

Last updated on May 6th, 2021 at 07:05 am

PETALING JAYA – Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Linggi announced today that sellers may be penalised up to RM500,000 if caught selling surgical face masks above RM1 when the price ceiling will be implemented on Saturday.

The fine was inline with the Price Control and Anti-Profiteering Act 2011 that also includes a compound up to RM250,000 per offence.

Individual caught committing the offence could be compounded up to RM50,000 or imprisonment of up to three years. A maximum fine should also be given if convicted.

Alexander also warned retailers or resellers on attempting to violate the price ceiling by masking their prices.

They can be fined up to RM50,000 or compounded up to RM25,000. Companies on the other hand, can fined up to RM100,000 or compounded up to RM500,000. According to Domestic Trade and Consumer Affairs Minister, authorities have conducted over 45,000 random checks on facemask up to August 11, they were able to seize 55 boxes of masks valued at RM536,951 while issuing RM392,400 compound to those caught violating.

Katherine S

1/4 German, 3/4 Malaysian. I write, follow and monitor closely political news happening in Malaysia, and other happening news in the ASEAN region. Newswriter for the best ASEAN news website - The Asian Affairs.

Recent Posts

Vietnam International Defense Expo 2024

The 2024 Vietnam International Defense Expo was inaugurated by the Prime Minister Pham Minh Chinh on December 19, 2024 and…

December 22, 2024

Shooting concludes: Stranger Things 5 to release on Netflix in 2025

Created by the Duffer Brothers, Stranger Things is one of the most popular sci-fi horror series globally. It is set…

December 21, 2024

China’s Hypersonic Expansion in Asia Raises Alarms for India

According to the US Department of Defense, China has now produced the most sophisticated supply of hypersonic weapons in the…

December 21, 2024

Melaka International Halal Festival 2024

The Melaka International Halal Festival 2024 aims to turn the city as the prime center of the Halal products and…

December 21, 2024

Chunichi Dragons Renews the Contract of Hiroto Takahashi with Annual Salary of 120 million yen

On Saturday, the stalwart of Chunichi Dragons Pitcher, Hiroto Takahashi attended the negotiation for his contract renewal for the next…

December 21, 2024

Biden-Harris administration cancels another $4.28 billion in US student loans

US President Joe Biden has cancelled another $4.28 billion in student loans for nearly 55,000 people across the country, the…

December 20, 2024

This website uses cookies.

Read More