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

Is Sri Lanka’s national survival truly threatened?

The recent catastrophes must not be viewed as mere...

Rebuilding Sri Lanka: Integrity Must Lead Our Recovery

By Nalinda Indatissa PC As Sri Lanka struggles to rebuild...

Rebuild Fund Committee Faces Conflict-of-Interest Firestorm

Sri Lanka’s newly established Rebuilding Sri Lanka Fund created...

Port City Struggles and Strengths Shape Sri Lanka’s FDI Future

Colombo Port City’s long-promised transformation into Sri Lanka’s first...