Malaysia’s govt to conduct full audit, joint raids to curb smuggling of cooking oil, says PM

PETALING JAYA (THE STAR/ASIA News Network) – A comprehensive audit of brands and packaging premises nationwide will be carried out to deal with the smuggling of subsidised cooking oil, explained Key Minister Ismail Sabri Yaakob.

At the exact same time, joint raids will be performed on factories along the borders to verify on misappropriation, Datuk Seri Ismail included.

He said distribution of subsidised cooking oil amounted to 60,000 tonnes for each thirty day period and exceeded domestic consumption in the country.

The procedure, involving 22 companies and 305 repackaging operations, will see rigorous motion in opposition to offenders together with revoking quotas and licences, he explained.

“This evaluate is to make sure that the cooking oil subsidy allocation of RM4 billion channelled this year to decrease the stress of Keluarga Malaysia… will get to consumers,” Mr Ismail explained in a statement on Monday (July 4). RM4 billion is S$1.3 billion.

“The govt has deployed enforcement staff from the Domestic Trade and Shopper Affairs Ministry, the Royal Malaysian Police (PDRM) and the Malaysian Armed Forces to raid packaging factories at the border to ensure that no irregularities manifest,” he extra.

The complete audit aimed to derive the actual volume of subsidised cooking oil developed and packaged in the country, as nicely as total information and facts of the recipients, he reported right after a assembly with the National Action Council on Value of Residing (Naccol).

The assembly was attended by numerous Cabinet Ministers as very well as associates from the Studies Department, Malaysian Institute of Financial Investigate, Khazanah Investigate Institute, Malay Financial Action Council, the Congress of Unions of Staff in the Public and Civil Services, the Federation of Malaysian Customer Associations, and the Malaysian Retail Chain Association.