The Noah Project

Rebuilding a sustainable world.

Profiteers Prosecuted in Malaysia

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What a quaint idea – prosecuting profiteers!  In the United States we would celebrate these guys as shrewd businessmen.

Complain Against Traders Profiteering From KR1M Goods Being Investigated
RAUB, Dec 31 (Bernama) — The Pahang Domestic Trade, Cooperatives and Consumerism Office (PPDNKK) is investigating a complaint that unscrupulous traders have been profiteering from Kedai Rakyat 1Malaysia (KRI1M) by buying goods in bulk and repacking them to be sold at higher prices.
State Entrepreneur Cooperatives and Consumerism chairman Datuk Shahiruddin Ab Moin said the PPDNKK took a serious view of the unethical practice and if proven, stern action would be taken against the traders.
He said PPDNKK officers should go down on the ground more often to enlighten the public on its role and that of consumers in addressing profiteering by traders.

If you are wondering what KR1M goods are, you can read about them here.

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Author: Daniela

I was born in Croatia, at that time Yugoslavia. My family moved to the US when I was very young, but I still treasure the memories of my grandfather teaching me how to protect myself against the "evil eye," my grandmother shopping early every morning, at the open air market, to buy the freshest vegetables for the day's meals, and the traditions that were the underpinnings of our society. Someone once noted that "For all of us that want to move forward, there are a very few that want to keep the old methods of production, traditions and crafts alive." I am a fellow traveler with those who value the old traditions and folk wisdom. I believe the knowledge they possess can contribute significantly to our efforts to build a more sustainable world; one that values the individual over the corporation, conservation over growth and happiness over wealth.

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