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211 companies deactivated from eCOSS for non-compliance

KUALA LUMPUR: A total of 211 companies had their access to the Cooking Oil Price Stabilisation Scheme System (eCOSS) deactivated as of Oct 30 for failing to comply with the terms and conditions governing the distribution and sale of subsidised packet cooking oil.

211 companies deactivated from eCOSS for non-compliance

211 companies had their eCOSS access deactivated by Oct 30 for non-compliance with the scheme's terms, according to the Domestic Trade and Cost of Living Ministry. The ministry recorded 8 cases of violations by foreigners selling or purchasing subsidized packet cooking oil since the Mobile eCOSS system launched on March 1. The eCOSS scheme, implemented since 2023, enables monitoring of distribution and transactions, and digital verification of user identities through eKYC and MyDigital ID.

To ensure accessibility, especially for the elderly and rural dwellers, the ministry will refine and simplify transaction methods. Integration with the Sumbangan Asas Rahmah (SARA) program and National Registration Department allows use of MyKad for verification. The ministry evaluated the scheme's effectiveness and suitability before considering expansion to other subsidized goods.

In the first 10 months of 2023, the ministry documented 5,893 cases of leakage and misappropriation of diesel, petrol, and packet cooking oil, with seized items valued at RM82.85 million. Of these, 2,763 cases involved diesel (RM59.67 million), followed by 1,722 petrol cases (RM5.43 million) and 1,408 cooking oil cases (RM17.74 million).

Enforcement efforts remain strengthened through intelligence-led operations, data utilization, rigorous monitoring, and cooperation with agencies like Op Tiris 4.0 since March 16.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nst.com.my →

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