Wednesday, August 06, 2014

Even Oyinbo 'NEPA' Dey Do 'OBT' - UK Energy Crooks To Be Jailed For Misconduct, Govt. Proposes

Reuters/Russell Cheyne


UK Energy producers could face jail time if they are caught price fixing, under a new government plan to protect consumers, RT reports.

The proposals, set out by Energy Secretary Ed Davey would make manipulating the energy market a criminal offence, and would allow energy regulators to prosecute individuals they suspect of artificially setting gas and electricity rates.

Currently, energy companies can only be fined if they are caught rigging the market.

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