KATHMANDU — The Metropolitan Police Range Kathmandu raided the warehouse of Swastik Oil Industries situated at Jadibuti in Kathmandu, and impounded five trucks loaded with edible oil that the company wanted to sell at higher rate than existing market price.
Police on Thursday raided a warehouse belonging to KL Dugar Group and seized five trucks of cooking oil.
Following a complaint that the company has been involved in hoarding the products and artificially hiking the prices, a police team from the MPR, Teku, raided Jadibuti-based Dugar Food Stores and took control of two trucks each of Dhara and Gyan brand oil and a truck of Sunflow brand oil.
Police have also captured Aman Jain, director of Swastik Oil Industries, and Liaison Officer Pramod Adhikari from the warehouse.
“The company was planning to sell the products at inflated rate by capitalising on the dire situation facing the country,” said Superintendent of Police Bishwo Raj Pokhrel, spokesperson for the Range, adding, “We will further expand our investigation to control such unethical practices, including hoarding and black-marketing.”
A case would be filed against the company for engaging in black-marketing, Pokharel said.
After India imposed an informal blockade on Nepal, cooking oil prices have jumped up to Rs300 per liter from usual Rs150-200 per liter.Follow @gorkhapost
Advance booking open for Dashin
Kathmandu—Finally, Federation of Nepalese National transportation Entrepreneurs Association agrees to open pre-booking for Dashin after the government decided to increase public transport fares by 10 percent.
The federation was demanding to unfreeze their bank accounts and adjust the fares in view of rising fuel prices.
On Saturday after the agreement between the government and federation, the transportation entrepreneurs opened advance booking. Most of the counters set up banners announcing pre-booking for Dashin and many people were in que to book the ticket in advance.Follow @gorkhapost