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Big Wayang by Case - Justify Petrol Price Increase olo

Froggy

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Here we go again, wayang by this den of vipers. Case asking oil companies to justify price increase. The fact that every company increase at almost the same time and at almost the same rate is an indication of unlawful price fixing by these vipers.

PAP really like to make fun and laughter



Justify pump price increases, says Case to petrol companies here

Published on Feb 25, 2015 9:45 AM

SINGAPORE – Petrol companies here have been asked to justify their increase in pump prices, after they were accused of profiteering by the nation’s consumer watchdog.

The Consumers Association of Singapore (Case) has sent letters to the main players here asking each of them to justify the increases, which in some cases, were larger than the size of the tax hikes. The letters should reach them today.

“Prices were increased beyond the tax increment without proper justification,” said Case’s executive director Seah Seng Choon, adding that the association has received queries from concerned motorists.

If the replies are “not satisfactory”, Case will file a complaint with the Ministry of Trade and Industry for the firms to be asked to reduce their prices, he said.
 
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