The New Nation - Internet Edition

BSS, Chittagong

The price of edible oil was re-fixed at a meeting between the businessmen and the officials of intelligence agencies here yesterday noon.

As per the decision of the meeting, from now on good quality of Soybean to be sold at Taka 93 per kg by whole saler from current rate of Taka 108 while the retail sale price to be at Taka 96 per kg from the current rate of Taka 112.

On the other hand, the businessmen and refined edible oil mill owners have been asked to deliver their respective huge deposited DO (Delivery Order) in the market within May 10 next.

Meeting sources said the brokers bought near about Taka one thousand crore DO's from the mill owners before one year. But the brokers did not take delivery of the DOs from the mills owners till on Tuesday.

The intelligence agencies said that they would monitor constantly whether the owners of the refined edible oil mills and DO brokers comply with the latest price structure. They would also take stern legal action against those who failed to response positively.

The meeting decided that the joint forces would start monitoring the situation of supplying DO from tomorrow.

The businessmen have been asked to follow the re-fixed price structure up to next December. They were assured of reviewing the rate after the dateline, the sources said.

Col. Mohammed Masud Hossain, Director DGFI of Chittahong Division presided over the function while Lieutenant Colonel Aminul Islam, Shajjatur Rahman of Mostafa Group, Alhaj Saiful Alam Masud of S Alam group, Mohammad Nazmul Huda of Meghna group, Pradip Pran of AC group, Zahir Ahmed Ratan of Merina group, Mizanur Rahman of Nurjahan group, Tareq Ahmed of TK group, among other businessmen, were present in the meeting.