PETALING JAYA: Syndicates that sell subsidised products to third parties are still at large even after enforcement action was taken by government agencies against them.
Mingguan Malaysia reported today in just six months, the government managed to cripple some of these activities with the confiscation of such products like liquefied petroleum gas (LPG) and diesel involving a whooping sum of RM1 million.
The authorities raided three companies within the past six months and found them guilty under Section 20 (1) and Section 21 of the Supply Control Act 1961 for storing controlled items in an unlicensed premises and storing controlled items with an intention to commit an offence, respectively.
In the first raid at Bukit Puchong Industrial Park, the authorities confiscated several filled barrels as well as an empty one worth about RM45,000. The second raid was made at a licensed premises and the confiscated products amounted to RM250,000, while in the third raid the confiscated sum was more than RM300,000.
Earlier this year, the Malay daily reported that the government had lost more than RM800 million last year due to the activities of such syndicates. It also revealed that weak enforcement has paved the way for big companies to smuggle the subsidised products such as LPG and diesel.
Source: The Sun Daily News