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Petroleum Dealers Announce Closure of Pumps Nationwide From Aug 15
Dealers say arbitrary freezes and detentions are disrupting digital payments at fuel outlets, and they have given authorities a 72-hour ultimatum.
- Following an August 6 cybercrime crackdown by the Tamil Nadu Police, petroleum dealers are protesting the indiscriminate freezing of their bank accounts. TNPDA president K. P. Murali condemned the actions, stating that treating honest business owners as accused persons is unacceptable.
- Petroleum dealers selling fuel for OMCs rely on daily digital transactions via UPI platforms and cards. Dealers argue they cannot verify the background of income sources, making them vulnerable when authorities freeze accounts due to disputed transactions.
- Arbitrary account freezes cause immense mental agony, embarrassment, and reputational damage to law-abiding business owners. Without access to funds, dealers cannot pay for fuel or complete necessary digital transactions, creating significant operational challenges.
- The Association demands that police instruct banks to hold only the specific portion of disputed money instead of freezing entire accounts. Murali emphasized that dealers fully support legitimate investigations but require a balanced approach protecting ongoing operations.
- Facing continued harassment and detentions, the Association warns members may suspend all digital payment modes and card transactions at fuel outlets across Tamil Nadu. This escalation aims to force resolution to the sector's ongoing financial strain.
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Petroleum dealers issue 72-hour ultimatum
KARACHI: Pakistan Petroleum Dealers Association (PPDA) has issued a 72-hour ultimatum to the government over its failure to fulfil promises made by the petroleum minister to resolve their issues, especially the increase in margin to eight per cent on the retail sale price of petrol. The association warned that if the government failed to meet its demands within 72 hours, petrol pumps across the country would shut down indefinitely from 6am on S…
·Karachi, Pakistan
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Coverage Details
Total News Sources13
Leaning Left2Leaning Right3Center1Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 33%
C 17%
R 50%
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