Sri Lanka, Sept. 29 -- The Consumer Affairs Authority (CAA) has raided a total of 105 shops over the past two weeks for selling rice above the government-imposed control price.

The Authority announced that legal proceedings are being initiated against those traders who sold rice at inflated prices, in violation of the price regulations.

It further emphasized that strict legal action will be taken against anyone selling rice above the stipulated price.

According to the CAA, if a sole proprietorship is found guilty of such an offense, the owner can be fined between Rs. 100,000 and Rs. 500,000, or face imprisonment for up to five months, or both.

The Authority further stated that under the CAA Act, if a private company is found guilty of...