Trader Hoards 57,000 Liters Soybean in Four Godowns

Photo: Collected

A mobile court has fined a trader Tk 1 lakh for hoarding 57,000 liters of soybean oil in his four godowns at Ramgarh Upazila in Khagrachari district, reports media.

Ramgarh UNO and executive magistrate Khandaker Md. Ikhtiyar Uddin conducted the court and fined trader Md. Fazlul Karim Patwari on Friday evening for illegally stockpiling soybean oil.

According to mobile court sources, acting on a tip-off, the mobile court conducted the raid at Messrs Khan Traders in Sonaipul Bazar.

At that time, 57,000 liters of soybean oil was found in four godowns of Fazlul Karim.

Soybean oil has been stockpiled for higher profits by creating an artificial crisis in the market without any dealing license, the source said.

UNO Ikhtiyar Uddin said two traders in the market were fined for hoarding soybean oil illegally.

Local administration will continue this type of raid, he added.

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Topic : Bangladesh mobile court Khagrachari district Ramgarh Upazila soybean oil hoarding

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Wed, 15 May 2024 \| Epaper \|