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Manila Bulletin devider Philippines devider PNP warns traders against hoarding masks, alcohol as nCoV triggers panic buying

PNP warns traders against hoarding masks, alcohol as nCoV triggers panic buying

Published Jan 31, 2020 12:00 am
By Martin Sadongdong Individuals and storeowners who will hoard masks, alcohol, vitamins, and other supplies will be arrested as the 2019 novel coronavirus (nCoV) triggered panic buying among fearful residents, the Philippine National Police (PNP) warned Friday. PNP spokesman P/Col. Bernard Banac (PNP / MANILA BULLETIN) PNP spokesman P/Col. Bernard Banac
(PNP / MANILA BULLETIN) PNP spokesperson Police Brig. Gen. Bernard Banac said there is a possibility that some people might take advantage of the situation to make more money by hoarding supplies essential to prevent the infection of the deadly respiratory virus. Upon the orders of PNP chief Police Gen. Archie Gamboa, Banac said the PNP will assist the Department of Trade and Industry (DTI) in the lateral coordination of measures "to stop possible hoarding and diminishing of supplies." "The CIDG (Criminal Investigation and Detection Group) and local police units are on high readiness mode, awaiting notice if ever DTI will seek police assistance to identify possible storehouses and track down persons suspected to be hoarding supplies and violating existing laws imposed by authorities," Banac told the Manila Bulletin. Since the confirmation Thursday of the first case of nCoV infection in the country, there have been multiple reports of panic buying of surgical masks, alcohol, and vitamin C in pharmacies and supermarkets. In Manila alone, there were stores in Bambang where masks have reportedly sold out. The DTI is mandated to implement laws that protect consumers from illegal acts of price manipulation such as hoarding, profiteering, and cartel. Banac, however, said the situation on the ground "remains normal" as he advised people to refrain from panic buying basic supplies and commodities, and to remain calm, composed, and informed. He assured them the PNP remains on alert and vigilant "to ensure public order and safety" and "to prevent criminal elements from taking advantage of the situation."
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