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Cape Mount Police Nab Businesswoman For Profiteering
Date Uploaded: Aug 16, 2014

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Cape Mount Police Nab Businesswoman For Profiteering

By D. Ignatius Roberts, LINA Grand Cape Mount County Correspondent

ROBERTSPORT, August 16 (LINA) -Police in Grand Cape Mount County have arrested a Liberian business woman for alleged profiteering by selling a 25kg bag of rice above the stipulated price.

According to the County Assistant Superintendent for Development, Tenneh Simpson Kpedebah, the businesswoman sold the bag of rice for L$2,500, instead of the regular price of L$1,500.

She said the authorities of the county will not permit anyone to engage in acts that will exacerbate the hardship facing Liberians in the wake of the Ebola epidemic that is ravishing the country.

Meanwhile, Superintendent Kpedebah has warned the business community in the county to stop using the Ebola outbreak to hike prices to the detriment of citizens.

Madame Kpedebah said selling a 25 kilogram bag of rice above the stipulated price is not only profiteering but “pure wickedness intended to bring suffering to the people.”

She said the county administration will not hesitate to arrest and prosecute anyone who will use the Ebola outbreak to arbitrarily increase prices without the consent of the Ministry of Commerce and Industry.

LINA DIR/TSS/PTK

 

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