Consumer Affairs Authority Rakes in Rs.220 Million in Fines

Date:

The Consumer Affairs Authority (CAA) has scored big this year, amassing a substantial Rs.220 million from fines imposed on errant traders. Asela Bandara, the CAA’s media spokesperson, revealed that these fines were a consequence of cracking down on various illegal practices rampant among traders.

Bandara highlighted that the fines were levied on traders engaged in activities such as price gouging, illegal stockpiling, failure to display prices, and the sale of expired products. The crackdown has been extensive, with a staggering 22,000 raids conducted nationwide to ensure compliance with regulations.

Of these raids, a significant portion—19,000 cases—resulted in prosecution, signaling the strict enforcement and zero-tolerance approach adopted by the CAA.

Share post:

spot_imgspot_img

Popular

More like this
Related

Update: Jeep Driver Arrested After Deadly Ella–Wellawaya Road Accident

Police confirmed that a horrific accident occurred last night...

Banana Tissue Culture Lab Boosts North Central Farmers

A state-of-the-art banana tissue culture laboratory has been established...

Sri Lanka Defers 18% VAT on Digital Giants Amid Exit Threats

Sri Lanka has decided to defer the implementation of...

Sri Lanka Moves to Revise Tourism Act amid Industry Revival

Sri Lanka has taken the first formal step toward...