DTI apprehends 69 for profiteering amid Typhoon Odette recovery

The Department of Trade and Industry (DTI) has apprehended 69 individuals and businesses for profiteering and hoarding in areas devastated by Typhoon Odette.

The DTI issued show cause orders and letters of inquiry, alongside confiscating overpriced construction and hardware supplies.

Intensified price monitoring operations focused on consumer goods like generator sets, construction materials, and fuel in typhoon-hit regions.

Trade Secretary Ramon Lopez issued a stern warning against profiteers, vowing to apprehend those taking advantage of citizens suffering from the typhoon's damage.

The DTI, in collaboration with the PNP-CIDG, has been relentless in its drive to catch violators.

Typhoon Odette caused widespread destruction, leaving some areas without electricity even after the new year.