69 complaints received by PIB

The Prices and Incomes Board has received 69 complaints relating to breaches of price and rent control regulations during the last two months.

PIB said investigations are continuing and those found in breach of price and rent control regulation will be liable for prosecution.

The allegations include selling price controlled items at an excessive price, failing to mark and display retail prices, failing to comply with PIB notices, failing to keep to the satisfaction of the board records including letting agreement and receipts, illegal increases in rent and others.

PIB has confirmed that eighteen traders and three landlords have been convicted and fined by Magistrates Courts around the country for breaching price and rent control regulations during the last two months.

Traders have been fined up to $8000 and ordered to pay court costs.