Businessman Fined for Hoarding Fuel Oil in Ctg

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Chattogram: A mobile court fined Taka 40,000 to the owner of a business establishment in Karnaphuli upazila for illegally hoarding and selling fuel oil at a higher price. The raid was conducted at Sayed Automobile Fuel Oil shop in the Moizzjartek area next to the upazila highway at around 11 pm on Friday.



According to Bangladesh Sangbad Sangstha, the owner was found to have stored 1,750 liters of fuel oil illegally, and the oil was later sold at a nearby petrol pump at the government-set price. Executive Magistrate Md. Al Amin Hossain stated that the raid was carried out based on secret information, confirming that hoarding and selling oil at a higher price was taking place.



The company has been fined Taka 40,000 for this offense. Similar operations will be ongoing in the interest of the public, he added. Members of the Army, RAB, and Karnaphuli Police Station were also present during the operation.