Officials of the Directorate of National Consumer Rights Protection, as part of a drive, visit different wholesale egg shops in Uttara area of Dhaka on Friday to ensure fair price and quality of eggs. — New Age photo
The National Directorate of Consumer Rights Protection on Saturday fined Tk 4.5 lakh three egg aroth (wholesaler) at Baipile in Ashulia after finding evidence of illegal profiteering.
Earlier egg wholesalers used to earn Tk 0.20 per egg. Now they are making a profit of Tk 2.70 per egg by creating a crisis. By holding the consumers’ hostage, the traders are making a hefty profit per egg.
On Saturday, the NDCRP in a raid found evidence of illegal profit-making at three egg wholesalers at Baipile in Ashulia. A fine of Tk 4.5 lakh has been realised on three egg traders.
The operation was conducted led by Abdul Jabbar Mondol, head of Dhaka district office of NDCRP and assistant director of the directorate Md Hasanuzzaman.
Abdul Jabbar said that most of the egg traders were not preserving the cash memo of the purchase. Not giving cash memo of sale. No price list either. Eggs are being priced based on demand rather than purchase price.
It can be seen from their cash memos and documents that the purchase price of each egg was Tk 9.40 on August 7 and sold at Tk 9.60 at a profit of 0.20 paisa only.
After 10 days the picture was different. On August 17, the buying price of each egg was Tk 9.10 and the selling price was Tk 11.80. In this case, the profit for each egg is Tk 2.70 , which is unusual.
Thus, for the crime of increasing the price of eggs through manipulation, Asif’s egg aroth was fined Tk 1.0 lakh, SJ Agro egg aroth fined Tk 1.0 lakh and Faisal Enterprise was fined Tk 2.5 lakh.
