DTI files charges vs erring business establishments

2008/07/10

DTI files charges vs erring business establishments

by Venus Villanueva

Kalibo, Aklan (10 July) -- The Department of Trade and Industry (DTI), under its new Provincial director Diosdado Cadena, has filed formal charges to 10 erring business establishments found violating the Price Act. of 1992.

In his report during the recent Provincial Disaster Coordinating Council (PDCC) meeting, Cadena said that of the 10 business establishments charged, six were selling construction materials while four were engaged in selling basic commodities.

"If anybody has information on any act of profiteering, please let us know. We have enough supply here. Nobody should take advantage of anyone in this kind of situation," Cadena said.

Cadena said those found violating the Price Act will face closure of their establishments, confiscation of goods and appropriately fined.

Aklan Provincial Police Director Benigno Durana, Jr. said he commended Cadena for the act and asked all other agencies, like the DOH, DENR, DA to set up their own enforcement teams for price monitoring and stabilization.

The DOH is in charge of monitoring prices and supplies of medicines, DENR for prices and supply of nipa, bamboo, lumber, charcoal and other products, DTI on manufactured goods, and DA on agricultural products.

For his part, Governor Carlito Marquez said victims of profiteering are usually the poor, particularly their needs now for housing materials, like nipa shingles, bamboos and others, which he noted, have increased in prices. (PIA)


Diosdado Cadena Jr.